While Millicom International Cellular S.A has overperformed by 1.97%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TIGO rose by 94.28%, with highs and lows ranging from $48.22 to $23.61, whereas the simple moving average jumped by 50.83% in the last 200 days.
On June 17, 2025, Scotiabank Downgraded Millicom International Cellular S.A (NASDAQ: TIGO) to Sector Perform. A report published by Morgan Stanley on January 29, 2025, Initiated its previous ‘Equal-Weight’ rating for TIGO. HSBC Securities also Upgraded TIGO shares as ‘Buy’, setting a target price of $34 on the company’s shares in a report dated January 22, 2025. JP Morgan initiated its ‘Overweight’ rating for TIGO, as published in its report on September 06, 2024. Scotiabank also rated the stock as ‘Sector Perform’.
Analysis of Millicom International Cellular S.A (TIGO)
With TIGO’s current dividend of $2.50 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter decrease in sales is -5.90%, showing a negative trend in the upcoming months.
Millicom International Cellular S.A’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 26.45% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.87, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and TIGO has an average volume of 1.13M. On a monthly basis, the volatility of the stock is set at 3.06%, whereas on a weekly basis, it is put at 2.73%, with a gain of 5.04% over the past seven days. Furthermore, long-term investors anticipate a median target price of $46.52, showing decline from the present price of $48.59, which can serve as yet another indication of whether TIGO is worth investing in or should be passed over.
How Do You Analyze Millicom International Cellular S.A Shares?
Telecom Services giant Millicom International Cellular S.A (TIGO) is based in the Luxembourg and is one of the largest companies in the market. When comparing Millicom International Cellular S.A shares with other companies under Communication Services, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 8.61, there is a growth in quarterly earnings of 793.97%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.41%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 38.60% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
