International Seaways Inc [NYSE: INSW] gained 1.52% or 0.59 points to close at $39.33 with a heavy trading volume of 341804 shares.
It opened the trading session at $38.74, the shares rose to $39.44 and dropped to $38.33, the range by which the price of stock traded the whole day. The daily chart for INSW points out that the company has recorded 13.89% gains over the past six months.
If we look at the average trading volume of 742.28K shares, INSW reached to a volume of 341804 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about International Seaways Inc [INSW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INSW shares is $52.98 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INSW stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for International Seaways Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 23, 2024. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Buy. The new note on the price target was released on October 11, 2022, representing the official price target for International Seaways Inc stock. Previously, the target price had yet another raise to $30, while BTIG Research analysts kept a Buy rating on INSW stock.
The Price to Book ratio for the last quarter was 1.04, with the Price to Cash per share for the same quarter was set at 2.69. Price to Free Cash Flow for INSW in the course of the last twelve months was 15.62 with Quick ratio for the last quarter at 2.75.
Trading performance analysis for INSW stock
International Seaways Inc [INSW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.12. With this latest performance, INSW shares gained by 5.78% in over the last four-week period, additionally plugging by 13.89% over the last 6 months – not to mention a rise of 11.39% in the past year of trading.
International Seaways Inc [INSW]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and International Seaways Inc [INSW] shares currently have an operating margin of 37.20% and a Gross Margin at 43.44%. International Seaways Inc’s Net Margin is presently recorded at 37.39%.
Return on Equity for this stock inclined to 12.63%, with Return on Assets sitting at 12.63%.
International Seaways Inc [INSW]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INSW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for International Seaways Inc go to 2.57%.
An analysis of Institutional ownership at International Seaways Inc [INSW]
There are presently around $75.44%, or 92.53% of INSW stock, in the hands of institutional investors. The top three institutional holders of INSW stocks are: VANGUARD GROUP INC with ownership of 4.21 million shares, which is approximately 8.5171%. DIMENSIONAL FUND ADVISORS LP, holding 3.2 million shares of the stock with an approximate value of $$189.49 million in INSW stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $$182.94 million in INSW stock with ownership which is approximately 6.2644%.
