Shares of Millicom International Cellular SA (NASDAQ:TIGO) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Analysts have set a 1 year consensus target price of $82.00 for the company, according to Zacks. Zacks has also given Millicom International Cellular an industry rank of 219 out of 256 based on the ratings given to related companies.
Separately, Barclays raised shares of Millicom International Cellular from an “equal weight” rating to an “overweight” rating in a research report on Friday, April 26th.
Shares of TIGO stock opened at $55.56 on Wednesday. The stock has a fifty day simple moving average of $55.51. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.76 and a current ratio of 0.77. The company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 191.59 and a beta of 0.80. Millicom International Cellular has a 12 month low of $49.57 and a 12 month high of $74.71.
Millicom International Cellular (NASDAQ:TIGO) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.34). The business had revenue of $1.07 billion during the quarter. Millicom International Cellular had a negative return on equity of 0.24% and a negative net margin of 0.25%. As a group, equities analysts predict that Millicom International Cellular will post 1.32 EPS for the current year.
About Millicom International Cellular
Millicom International Cellular SA provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.
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