A share price of International Seaways Inc [INSW] is currently trading at $55.11, up 2.36%. An important factor to consider is whether the stock is rising or falling in short-term value. The INSW shares have gain 5.17% over the last week, with a monthly amount glided 8.74%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
International Seaways Inc [NYSE: INSW] stock has seen the most recent analyst activity on October 11, 2022, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $40. Previously, BTIG Research upgraded its rating to Buy on July 27, 2022, and kept the price target unchanged to $30. On July 21, 2022, Jefferies initiated with a Buy rating and assigned a price target of $30 on the stock. H.C. Wainwright initiated its recommendation with a Buy and recommended $30 as its price target on March 29, 2021. BTIG Research downgraded its rating to Neutral for this stock on October 21, 2020. In a note dated March 04, 2020, B. Riley FBR upgraded an Buy rating on this stock but restated the target price of $32.50.
International Seaways Inc experienced fluctuations in its stock price throughout the past year between $30.99 and $54.67. International Seaways Inc [NYSE: INSW] shares were valued at $55.11 at the most recent close of the market.
Analyzing the INSW fundamentals
Trailing Twelve Months sales for International Seaways Inc [NYSE:INSW] were 1.07B which represents -25.85% decline. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.67%, Pretax Profit Margin comes in at 0.64%, and Net Profit Margin reading is 0.63%. To continue investigating profitability, this company’s Return on Assets is posted at 0.22, Equity is 0.34 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.09 points at the first support level, and at 53.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.86, and for the 2nd resistance point, it is at 56.61.
International Seaways Inc [INSW] reported earnings per share of $2.18 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.1/share, meaning a difference of $0.08 and a surprise factor of 3.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.04 per share as compared to estimates of $1.68 per share, a difference of $0.36 representing a surprise of 21.40%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for International Seaways Inc [NYSE:INSW] is 2.38. On the other hand, the Quick Ratio is 2.37, and the Cash Ratio is 0.65. Considering the valuation of this stock, the price to sales ratio is 2.52, the price to book ratio is 1.57 and price to earnings (TTM) ratio is 4.90.
Transactions by insiders
Recent insider trading involved Zabrocky Lois K, President & CEO, that happened on Apr 01 ’24 when 1000.0 shares were sold. SVP,Chief Financial Officer &T, Pribor Jeffrey completed a deal on Apr 01 ’24 to sell 1000.0 shares. Meanwhile, Director WHEAT DOUGLAS D sold 3846.0 shares on Mar 14 ’24.
