Millicom International Cellular S.A (NASDAQ: TIGO) has a price-to-earnings ratio that is above its average at 20.46x. The stock has a 36-month beta value of 0.89. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for TIGO is 100.34M, and at present, short sellers hold a 0.80% of that float. On March 12, 2025, the average trading volume of TIGO was 427.54K shares.
TIGO) stock’s latest price update
Millicom International Cellular S.A (NASDAQ: TIGO)’s stock price has soared by 1.81 in relation to previous closing price of 29.34. Nevertheless, the company has seen a gain of 10.51% in its stock price over the last five trading days. globenewswire.com reported 2025-03-10 that Millicom (Tigo) share repurchase activity Luxembourg, March 10, 2025 – Pursuant to the share repurchase program announced on November 29, 2024, Millicom repurchased 344,250 of its Swedish Depository Receipts (SDRs) and 434,700 of its common shares between February 28, 2025, and March 07, 2025, as detailed in the table below. Exchange Nasdaq Stockholm Nasdaq Stock Market Trade Date Number of SDRs repurchased Average price paid* (SEK) Repurchase amount* (SEK) Number of shares repurchased Average price paid* (USD) Repurchase amount* (USD) 2025-02-28 1 900 25.7368 48 900 2025-03-03 3 215 276.5466 889 097 2025-03-04 77 000 270.6014 20 836 308 108 200 25.9010 2 802 488 2025-03-05 81 000 267.4911 21 666 779 108 200 26.7296 2 892 143 2025-03-06 84 035 274.0172 23 027 035 108 200 27.9875 3 028 248 2025-03-07 99 000 288.0058 28 512 574 108 200 28.7114 3 106 573 * Excluding commissions All purchases were carried out on Nasdaq Stockholm and on the Nasdaq Stock Market by Citigroup Global Markets Limited and Citigroup Global Markets Inc. respectively, on behalf of Millicom.
TIGO’s Market Performance
Millicom International Cellular S.A (TIGO) has seen a 10.51% rise in stock performance for the week, with a 10.43% gain in the past month and a 14.75% surge in the past quarter. The volatility ratio for the week is 4.18%, and the volatility levels for the past 30 days are at 2.61% for TIGO. The simple moving average for the past 20 days is 9.08% for TIGO’s stock, with a 15.04% simple moving average for the past 200 days.
Analysts’ Opinion of TIGO
Many brokerage firms have already submitted their reports for TIGO stocks, with Morgan Stanley repeating the rating for TIGO by listing it as a “Equal-Weight.” The predicted price for TIGO in the upcoming period, according to Morgan Stanley is $32 based on the research report published on January 29, 2025 of the current year 2025.
HSBC Securities, on the other hand, stated in their research note that they expect to see TIGO reach a price target of $34. The rating they have provided for TIGO stocks is “Buy” according to the report published on January 22nd, 2025.
TIGO Trading at 11.93% from the 50-Day Moving Average
After a stumble in the market that brought TIGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.48% of loss for the given period.
Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 4.18%, as shares surge +11.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.46% upper at present.
During the last 5 trading sessions, TIGO rose by +10.32%, which changed the moving average for the period of 200-days by +26.46% in comparison to the 20-day moving average, which settled at $27.38. In addition, Millicom International Cellular S.A saw 19.43% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TIGO
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.7 for the gross margin
The net margin for Millicom International Cellular S.A stands at 0.04. The total capital return value is set at 0.13. Equity return is now at value 7.13, with 1.81 for asset returns.
Based on Millicom International Cellular S.A (TIGO), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 1.89. The interest coverage ratio of the stock is 2.78.
Currently, EBITDA for the company is 2.32 billion with net debt to EBITDA at 2.66. When we switch over and look at the enterprise to sales, we see a ratio of 1.94. The receivables turnover for the company is 12.43for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
To sum up, Millicom International Cellular S.A (TIGO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
