Market Watch Highlights: International Seaways Inc (INSW) Ends on an Downturn Note at 49.17

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As of close of business last night, International Seaways Inc’s stock clocked out at $49.17, down -1.11% from its previous closing price of $49.72. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 0.58 million shares were traded. INSW stock price reached its highest trading level at $49.56 during the session, while it also had its lowest trading level at $48.805.

Ratios:

To gain a deeper understanding of INSW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.49. For the most recent quarter (mrq), Quick Ratio is recorded 3.87 and its Current Ratio is at 3.89. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.35.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Deutsche Bank on October 11, 2022, initiated with a Buy rating and assigned the stock a target price of $40.

On July 27, 2022, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $30.

On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $30.Jefferies initiated its Buy rating on July 21, 2022, with a $30 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when LOIS K ZABROCKY bought 6,000 shares for $49.12 per share.

Zabrocky Lois K sold 2,000 shares of INSW for $98,800 on Aug 12 ’24. The President & CEO now owns 157,475 shares after completing the transaction at $49.40 per share. On Aug 01 ’24, another insider, JEFFREY PRIBOR, who serves as the Officer of the company, bought 1,000 shares for $56.00 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INSW now has a Market Capitalization of 2443478528 and an Enterprise Value of 2992431872. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.68, and their Forward P/E ratio for the next fiscal year is 5.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 2.922 whereas that against EBITDA is 4.778.

Stock Price History:

Over the past 52 weeks, INSW has reached a high of $64.17, while it has fallen to a 52-week low of $36.64. The 50-Day Moving Average of the stock is -13.58%, while the 200-Day Moving Average is calculated to be -4.20%.

Shares Statistics:

It appears that INSW traded 579.10K shares on average per day over the past three months and 720140 shares per day over the past ten days. A total of 48.93M shares are outstanding, with a floating share count of 39.39M. Insiders hold about 20.73% of the company’s shares, while institutions hold 67.34% stake in the company. Shares short for INSW as of 1722384000 were 976882 with a Short Ratio of 1.69, compared to 1719532800 on 732808. Therefore, it implies a Short% of Shares Outstanding of 976882 and a Short% of Float of 2.4.

Dividends & Splits

With its trailing 12-month dividend rate of 0.48, INSW has a forward annual dividend rate of 0.48. Against a Trailing Annual Dividend Yield of 0.009654062

Earnings Estimates

The stock of International Seaways Inc (INSW) is currently in the spotlight, with 8.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $3.15, with high estimates of $4.51 and low estimates of $2.17.

Analysts are recommending an EPS of between $12.24 and $9.15 for the fiscal current year, implying an average EPS of $10.49. EPS for the following year is $10.86, with 10.0 analysts recommending between $18.37 and $7.05.

Revenue Estimates

In the current quarter, 8 analysts expect revenue to total $229.79M. It ranges from a high estimate of $254M to a low estimate of $212.5M. As of the current estimate, International Seaways Inc’s year-ago sales were $241.71MFor the next quarter, 8 analysts are estimating revenue of $292.34M. There is a high estimate of $358M for the next quarter, whereas the lowest estimate is $245.3M.

A total of 10 analysts have provided revenue estimates for INSW’s current fiscal year. The highest revenue estimate was $1.14B, while the lowest revenue estimate was $998.2M, resulting in an average revenue estimate of $1.06B. In the same quarter a year ago, actual revenue was $1.07BBased on 9 analysts’ estimates, the company’s revenue will be $1.03B in the next fiscal year. The high estimate is $1.3B and the low estimate is $898.53M.

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