Millicom International rises as Piper Sandler upgrades on free cash flow prospects [Seeking Alpha]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
Check Earnings Report
Company Research
Source: Seeking Alpha
Shares were upgraded to Overweight from Neutral as improving EBITDA, a reduction in capital expenditures and lower spectrum-related outflow should boost the company's financial position, the investment firm said. Millicom recently said it expects to generate $550M in equity free cash flow, resulting in roughly a 16% yield. Additionally, Millicom trades at the lowest multiple for Latin America telecoms, at 6.9 times operating free cash flow estimates, below the 8 multiple for Tim, 9.4 multiple for American Movil ( AMX ) and 9.9 multiple for Vivo. Lastly, a partial sale of its Lati business could cut the company's leverage and add to fair value, Piper Sandler said. Analysts are exceptionally bullish on Millicom ( TIGO ). It has a BUY rating from Seeking Alpha authors , while Wall Street analysts rate it a . Conversely, Seeking Alpha's quant system, which consistently beats the market, rates TIGO a Recommended For You More Trending News Recommended For You More Trending
Show less
Read more
Impact Snapshot
Event Time:
PIPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PIPR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PIPR alerts
High impacting Piper Sandler Companies news events
Weekly update
A roundup of the hottest topics
PIPR
News
- Piper Sandler Hires Jefferies Fintech Bankers Freiman, Greene [Yahoo! Finance]Yahoo! Finance
- Piper Sandler Hires Jefferies Fintech Bankers Freiman, Greene [BNN Bloomberg (Canada)]BNN Bloomberg
- Piper Sandler Companies Reports First Quarter 2024 Results; Declares Quarterly Dividend of $0.60 Per ShareBusiness Wire
- Apollo to Buy Frack-Sand Provider US Silica for $1.21 Billion [BNN Bloomberg (Canada)]BNN Bloomberg
- Investors are more worried about inflation than a weakening economy [Yahoo! Finance]Yahoo! Finance
PIPR
Earnings
- 4/26/24 - Beat
PIPR
Sec Filings
- 4/26/24 - Form 8-K
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form DEFA14A
- PIPR's page on the SEC website