How to Buy Millicom International Cellular Sa Stock
Millicom International Cellular Sa
Millicom International Cellular S. A. provides cable and mobile services in Latin America and Africa.
Millicom International Cellular Sa stock last closed at $43.51, up 2.3% from the previous day, and has increased 69.63% in one year. It has overperformed other stocks in the Telecom Services industry by 0.71 percentage points. Millicom International Cellular Sa stock is currently +84.29% from its 52-week low of $23.61, and -0.81% from its 52-week high of $43.87.
At the moment, there are 169M TIGO shares outstanding. The market value of TIGO is $7.35B. In the past 24 hours, 1.76M TIGO shares were traded.
How to Buy Millicom International Cellular Sa Stock
Wondering how to invest in Millicom International Cellular Sa stock? Here's how.
- Choose where to buy Millicom International Cellular Sa stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Millicom International Cellular Sa stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your method of payment and add your info.
- Analyze Millicom International Cellular Sa stock: The Millicom International Cellular Sa ticker symbol is TIGO. Is Millicom International Cellular Sa stock a good investment? Should you buy shares of TIGO? How do TIGO's underlying business fundamentals look? Do top analysts think Millicom International Cellular Sa is a good buy? Why has TIGO's stock price moved recently? (Hint: Our stock analysis website can help you decide if TIGO is a good stock to buy).
- Place your TIGO purchase: Decide if you will purchase TIGO shares at the current market price or use a limit order to buy TIGO stock at a given price.
- Get the latest scoop on your TIGO position: Create a watchlist to get the latest news on your new investment in Millicom International Cellular Sa stock.
Step 1: Choose where to buy Millicom International Cellular Sa stock
You will need a brokerage account to access the NASDAQ market and buy TIGO shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you are able to buy TIGO stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on a good stock buying app, you can securely and quickly fund your account:
Check out the video below to see the process of depositing funds into your brokerage account.
Step 4: Analyze Millicom International Cellular Sa stock
Once you have selected the best place to buy Millicom International Cellular Sa stock, it's absolutely critical to research their stock before you invest, so you truly understand the risk and opportunity.
Millicom International Cellular Sa Metrics
Fundamentals of Millicom International Cellular Sa
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on TIGO's stock page.
Is TIGO stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge TIGO's true value.
Using relative valuations measures:
- TIGO may be undervalued based on its P/E ratio of 7.67x, relative to Telecom Services industry P/E ratio of 10.3x
- TIGO could be overvalued based on its P/B ratio of 2.08x, relative to Telecom Services industry P/B ratio of 1.89x
You can do more valuation research on TIGO's stock here.
TIGO Financial Overview
Pros:
- TIGO profit margin has gone up from 2.5% to 17.6% in the past year.
- Total TIGO debt is lower than 5 years ago, relative to shareholder equity.
- TIGO's operating cash flow of $1.68B allows it to safely service it's debt of $7.93B.
Cons:
- There are more short-term liabilities than short-term assets on the TIGO balance sheet.
- TIGO earnings of $1.97B is not sufficient to cover its interest payments.
- TIGO has a relatively high debt to equity ratio of 3.25.
- There are more long-term liabilities than short-term assets on the TIGO balance sheet.
Is TIGO stock a Buy, Hold, or Sell, according to analysts?
Out of 4 sell side analysts who give forecasts on TIGO, the consensus analyst rating on Millicom International Cellular Sa is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Millicom International Cellular Sa stock forecast page.
TIGO Momentum
TIGO Performance Metrics
Last year, TIGO earnings were $985.00M. In the last three year, TIGO's earnings have grown by -47.69% per year. This was slower than the Telecom Services industry average of 9.47%.
Last year, TIGO revenue was $5.61B. During the last five year, TIGO's revenue has grown by 5.42% per year. This was faster than the Telecom Services industry average of 2.95%.
Dive into TIGO's earnings and revenue performance here.
Latest Insiders Trades at TIGO
In the past 12 months, insiders at TIGO have not bought or sold any shares.
Learn more about who owns TIGO stock here.
Can I get consistent income from TIGO stock?
Millicom International Cellular Sa pays a dividend of 3.45%, compared to the Telecom Services industry's average dividend yield of 4%. If you owned $1,000 of TIGO stock, you would have received $34.47 last year.
Millicom International Cellular Sa dividend payments have not consistently grown over the past 7 years and have not remained stable.
Find more info about Millicom International Cellular Sa dividend yield and history here.
TIGO Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your TIGO purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and your broker will place your order.
If you require additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your TIGO position
Now that you own some TIGO stock, you'll want to keep up with your investment.
Add TIGO to a watchlist to see the latest developments about your TIGO stock.
TIGO Feed
How to Buy Stock in Millicom International Cellular Sa
To reiterate, here are the 6 steps to buy Millicom International Cellular Sa stock:
- Choose where to buy Millicom International Cellular Sa stock
- Open a brokerage account
- Fund your investment account
- Analyze Millicom International Cellular Sa stock
- Place your TIGO purchase
- Get the latest scoop on your TIGO position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your investment in Millicom International Cellular Sa, click below.
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