With 0.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.01 million shares. The 52-week range on TIGO shows that it touched its highest point at $34.68 and its lowest point at $22.20 during that stretch. It currently has a 1-year price target of $38.07. With its current market cap of 5.90 billion, TIGO has annualized dividend of $1.75 while the current yield stands at 5.11%. Beta for the stock currently stands at 1.05.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TIGO was up-trending over the past week, with a rise of 1.21%, but this was up by 27.12% over a month. Three-month performance surged to 28.17% while six-month performance rose 27.46%. The stock gained 60.24% in the past year, while it has gained 36.99% so far this year. A look at the trailing 12-month EPS for TIGO yields 1.46 with Next year EPS estimates of 3.61. For the next quarter, that number is 0.71. This implies an EPS growth rate of 55.63% for this year and 18.36% for next year. EPS is expected to grow by 28.36% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.47%.
Float and Shares Shorts:
At present, 170.24 million TIGO shares are outstanding with a float of 97.78 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TIGO since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.84413 being high and $2.46954 being low. For TIGO, this leads to a yearly average estimate of $2.66377. Based on analyst estimates, the high estimate for the next quarter is $1.07 and the low estimate is $0.58. The average estimate for the next quarter is thus $0.89.
