China’s Xi speaks with Trump by phone, discusses Taiwan and bilateral ties
Millicom International Cellular SA's (TIGO) stock reached a new 52-week high, hitting $50.97. This milestone reflects a significant upward trend, with InvestingPro data showing the company's stock has delivered an impressive 118.48% return over the past year and a staggering 130.18% year-to-date. Just last week, TIGO shares gained 9.86%, continuing the strong momentum that has seen a 56.1% surge over the past six months. The surge in Millicom's stock price highlights a period of robust performance and investor confidence in the company. Trading at a P/E ratio of just 7.73 and offering a substantial 5.93% dividend yield, TIGO appears undervalued according to InvestingPro Fair Value estimates. This 52-week high marks a pivotal point for Millicom, which boasts a "GREAT" Financial Health score. For investors seeking comprehensive analysis, TIGO is among 1,400+ stocks with detailed Pro Research Reports that transform complex data into actionable intelligence.
In other recent news, Millicom International Cellular SA reported its third-quarter earnings for 2025, significantly surpassing Wall Street expectations. The company achieved an earnings per share of $1.17, compared to the forecasted $0.65, representing an 80% surprise. Revenue also exceeded projections, reaching $1.42 billion, while analysts had anticipated $1.4 billion. These results indicate a strong financial performance for the quarter. The earnings announcement has been a focal point for investors, given the substantial earnings and revenue beat. Analysts from various firms have taken note of this performance, although specific upgrades or downgrades were not mentioned in the recent developments. Millicom's financial results have drawn attention from the investment community, reflecting a positive sentiment toward the company's recent performance.
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