A share price of International Seaways Inc [INSW] is currently trading at $35.79, down -1.24%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The INSW shares have gain 10.26% over the last week, with a monthly amount drifted -6.68%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
International Seaways Inc [NYSE: INSW] stock has seen the most recent analyst activity on October 23, 2024, when Stifel downgraded its rating to a Hold and also revised its price target to $56 from $69. Previously, Deutsche Bank started tracking the stock with Buy rating on October 11, 2022, and set its price target to $40. On July 27, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $30 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $30 on July 21, 2022. H.C. Wainwright started tracking with a Buy rating for this stock on March 29, 2021, and assigned it a price target of $30. In a note dated October 21, 2020, BTIG Research downgraded an Neutral rating on this stock.
International Seaways Inc experienced fluctuations in its stock price throughout the past year between $32.11 and $60.46. Currently, Wall Street analysts expect the stock to reach $56 within the next 12 months. International Seaways Inc [NYSE: INSW] shares were valued at $35.79 at the most recent close of the market. An investor can expect a potential return of 56.47% based on the average INSW price forecast.
Analyzing the INSW fundamentals
Trailing Twelve Months sales for International Seaways Inc [NYSE:INSW] were 1.01B which represents -6.83% decline. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.5%, Pretax Profit Margin comes in at 0.51%, and Net Profit Margin reading is 0.51%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.28 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.
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 35.36 points at the first support level, and at 34.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.43, and for the 2nd resistance point, it is at 37.07.
Ratios To Look Out For
To put it in perspective, the Current Ratio for International Seaways Inc [NYSE:INSW] is 3.60. As well, the Quick Ratio is 3.60, while the Cash Ratio is 1.0. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 0.94 and price to earnings (TTM) ratio is 3.46.
Transactions by insiders
Recent insider trading involved Zabrocky Lois K, President & CEO, that happened on Dec 16 ’24 when 2000.0 shares were sold. Officer, LOIS K ZABROCKY completed a deal on Dec 16 ’24 to buy 6000.0 shares. Meanwhile, Senior Vice President Nugent William F. sold 1000.0 shares on Nov 29 ’24.
