Millicom International Cellular S.A (NASDAQ: TIGO)’s stock price has plunge by 0.38relation to previous closing price of 27.58. Nevertheless, the company has seen a -9.23% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2025-04-08 that Millicom (Tigo) releases its 2024 Annual Report, marking a year of transformation in Latin America’s telecommunications industry
Is It Worth Investing in Millicom International Cellular S.A (NASDAQ: TIGO) Right Now?
The price-to-earnings ratio for Millicom International Cellular S.A (NASDAQ: TIGO) is above average at 18.96x, Company’s 36-month beta value is 1.06.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for TIGO is 97.78M, and currently, short sellers hold a 1.82% ratio of that floaft. The average trading volume of TIGO on April 10, 2025 was 804.04K shares.
TIGO’s Market Performance
TIGO stock saw a decrease of -9.23% in the past week, with a monthly decline of -7.62% and a quarterly a decrease of 11.68%. The volatility ratio for the week is 6.13%, and the volatility levels for the last 30 days are 3.58% for Millicom International Cellular S.A (TIGO). The simple moving average for the past 20 days is -6.56% for TIGO’s stock, with a 4.33% 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 -1.91% 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 -12.47% of loss for the given period.
Volatility was left at 3.58%, however, over the last 30 days, the volatility rate increased by 6.13%, as shares sank -6.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.33% upper at present.
During the last 5 trading sessions, TIGO fell by -9.74%, which changed the moving average for the period of 200-days by +16.50% in comparison to the 20-day moving average, which settled at $29.62. In addition, Millicom International Cellular S.A saw 10.70% 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 1.88. 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
In a nutshell, Millicom International Cellular S.A (TIGO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
