Analyst Expectations For Millicom Intl Cellular's Future

Ratings for Millicom Intl Cellular (NASDAQ:TIGO) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

	Bullish	Somewhat Bullish	Indifferent	Somewhat Bearish	Bearish
Total Ratings	0	3	1	0	0
Last 30D	0	1	0	0	0
1M Ago	0	0	0	0	0
2M Ago	0	1	0	0	0
3M Ago	0	1	1	0	0

Analysts have set 12-month price targets for Millicom Intl Cellular, revealing an average target of $35.98, a high estimate of $41.00, and a low estimate of $32.00. Surpassing the previous average price target of $35.43, the current average has increased by 1.55%.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Millicom Intl Cellular among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst	Analyst Firm	Action Taken	Rating	Current Price Target	Prior Price Target
Marcelo Santos	JP Morgan	Raises	Overweight	$41.00	$33.00
Andres Coello	Scotiabank	Raises	Sector Outperform	$37.90	$37.30
Cesar Medina	Morgan Stanley	Announces	Equal-Weight	$32.00	-
Marcelo Santos	JP Morgan	Lowers	Overweight	$33.00	$36.00

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Millicom Intl Cellular. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Millicom Intl Cellular compared to the broader market.
• Price Targets: Gaining insights, analysts provide estimates for the future value of Millicom Intl Cellular's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into Millicom Intl Cellular's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Millicom Intl Cellular analyst ratings.

All You Need to Know About Millicom Intl Cellular

Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 120 million people, serving 42 million customers. Its fixed-line networks reach 14 million homes, serving about 4 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm has agreed to sell the majority of its wireless towers to SBA Communications for $975 million.

A Deep Dive into Millicom Intl Cellular's Financials

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Millicom Intl Cellular's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2024, the company experienced a revenue decline of approximately -0.21%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.

Net Margin: Millicom Intl Cellular's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.17% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Millicom Intl Cellular's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.83% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Millicom Intl Cellular's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.22%, the company showcases efficient use of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 1.87, Millicom Intl Cellular adopts a prudent financial strategy, indicating a balanced approach to debt management.

How Are Analyst Ratings Determined?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.