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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 $19.80, up 1.12% from the previous day, and has increased 9.57% in one year. It has overperformed other stocks in the Telecom Services industry by 0.24 percentage points. Millicom International Cellular Sa stock is currently +36.93% from its 52-week low of $14.46, and -1.61% from its 52-week high of $20.12.

At the moment, there are 172.1M TIGO shares outstanding. The market value of TIGO is $3.41B. In the past 24 hours, 100,364 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.
  1. 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.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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

TIGO Price
$19.80
1w %
2.59%
1y %
9.57%
5y %
-66.86%
P/E
-41.25x
P/B
0.97x
P/S
0.6x
PEG
N/A
Revenue
$5.66B
Earnings
-$82.00M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$3.41B
Next Earnings
Apr 25, 2024
Next Dividend
N/A

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/B ratio of 0.97x, relative to Telecom Services industry P/B ratio of 1.64x

You can access more valuation research on TIGO's stock here.

A look at TIGO Cashflows and Balance Sheet

Cons:

  • TIGO earnings of $1.05B is not sufficient to cover its interest payments.
  • There are more short-term liabilities than short-term assets on the TIGO balance sheet.
  • TIGO profit margin has gone down from 3.1% to -1.4% in the past year.
  • Total TIGO debt is higher than 5 years ago, relative to shareholder equity.
  • TIGO's operating cash flow of $1.22B allows it to safely service it's debt of $7.74B.
  • TIGO has a relatively high debt to equity ratio of 3.14.
  • There are more long-term liabilities than short-term assets on the TIGO balance sheet.

Is it a good time to buy TIGO stock, according to Wall Street analysts?

Out of 3 Equities analysts who give ratings on TIGO, the consensus analyst rating on Millicom International Cellular Sa is a Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Millicom International Cellular Sa stock forecast page.

TIGO Momentum

SMA10
19.32
SMA20
18.77
SMA50
17.57
SMA100
17.39
SMA200
16.63
MACD
0.65
MACD Signal
0.57
MACD Histogram
0.08
RSI
69.29
Stochastic %K
87.33
Stochastic %D
85.99
StochRSI %K
82.23
StochRSI %D
84.61

TIGO Growth Numbers

Last year, TIGO revenue was $5.66B. During the past five year, TIGO's revenue has gone up by 7.48% per year. This was faster than the Telecom Services industry average of 3.23%.

Dig into TIGO's earnings and revenue performance here.

Latest Insiders Trades at TIGO

In the past 12 months, executives and large shareholders at TIGO have not bought or sold any shares.

Research more about who owns TIGO shares here.

Can I rely on TIGO as an income stream?

No, Millicom International Cellular Sa doesn't provide an income stream by paying out dividends.

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Step 5: Place your TIGO purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the best for newer investors.
  • 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 an exact dollar amount limit, use a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Get the latest scoop on your TIGO position

Now that you own some shares in TIGO, you'll want to stay up-to-date on your investment.

Start a watchlist to get notified of important updates regarding your TIGO stock.

TIGO Feed

How to Buy Stock in Millicom International Cellular Sa

To summarize, here are the 6 steps to buy stock in Millicom International Cellular Sa:

  1. Choose where to buy Millicom International Cellular Sa stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Analyze Millicom International Cellular Sa stock
  5. Place your TIGO purchase
  6. Get the latest scoop on your TIGO position

If you require a online brokerage, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Millicom International Cellular Sa, create a watchlist on WallStreetZen today.

NASDAQ: TIGO
$19.80+0.22 (+1.12%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: TIGO
$19.80+0.22 (+1.12%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Millicom International Cellular Sa share?

As of Mar 27, 2024, it costs $19.80 to buy one share of Millicom International Cellular Sa stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.455 shares of TIGO.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Millicom International Cellular Sa stock?

According to 3 Wall Street analysts who monitor Millicom International Cellular Sa, their consensus recommendation is to buy Millicom International Cellular Sa stock.

What is the best way to buy Millicom International Cellular Sa stock?

One way to place an order for Millicom International Cellular Sa stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.