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 $32.08, down 1.14% from the previous day, and has increased 57.95% in one year. It has overperformed other stocks in the Telecom Services industry by 0.49 percentage points. Millicom International Cellular Sa stock is currently +60.78% from its 52-week low of $19.95, and -1.38% from its 52-week high of $32.53.
At the moment, there are 172.1M TIGO shares outstanding. The market value of TIGO is $5.52B. In the past 24 hours, 511,682 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.
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- 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 overvalued based on its P/E ratio of 21.82x, relative to Telecom Services industry P/E ratio of 14.78x
- TIGO could be undervalued based on its P/B ratio of 1.52x, relative to Telecom Services industry P/B ratio of 1.87x
- TIGO may be undervalued based on its PEG ratio of 0.46x
You can do more valuation analysis on TIGO's stock here.
TIGO Financial Overview
Pros:
- TIGO profit margin has gone up from -1.4% to 4.4% in the past year.
- Total TIGO debt is lower than 5 years ago, relative to shareholder equity.
- TIGO's operating cash flow of $1.60B allows it to safely service it's debt of $6.77B.
Cons:
- TIGO earnings of $1.25B is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the TIGO balance sheet.
- There are more short-term liabilities than short-term assets on the TIGO balance sheet.
- TIGO has a relatively high debt to equity ratio of 2.8.
Do Wall Street analysts think it's a good time to buy TIGO stock
Out of 4 Equities analysts who give forecasts on TIGO, the consensus analyst rating on TIGO is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Millicom International Cellular Sa stock forecast page.
TIGO Trading Indicators
How is TIGO performing as a company?
Last year, TIGO earnings were $253.00M. Over the last 5 year, TIGO's earnings have increased by -0.14% per year. This was slower than the Telecom Services industry average of 6.17%.
Last year, TIGO revenue was $5.80B. Over the last 5 year, TIGO's revenue has gone up by 6.01% per year. This was faster than the Telecom Services industry average of 3.46%.
Dig into TIGO's earnings and revenue performance here.
Are TIGO executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at TIGO have not bought or sold any shares.
Dig into more about who owns TIGO shares here.
Can I rely on TIGO as an income stream?
Millicom International Cellular Sa pays a dividend of 2.34%, compared to the Telecom Services industry's average dividend yield of 4.07%. If you owned $1,000 of TIGO stock, you would have received $23.38 in the past year.
Millicom International Cellular Sa dividend payments have not consistently grown over the past 6 years and have not remained stable.
Get more analysis about Millicom International Cellular Sa dividend yield and history here.
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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 stock at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you want 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 new company.
Start a watchlist to keep track of 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:
- 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 need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Millicom International Cellular Sa, add TIGO to your watchlist below.
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