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Why the growth investor may take a look at NYSE:INSW.

By Mill Chart

Last update: Sep 8, 2023

In this article we will dive into INTERNATIONAL SEAWAYS INC (NYSE:INSW) as a possible candidate for growth investing. Investors should always do their own research, but we noticed INTERNATIONAL SEAWAYS INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of INTERNATIONAL SEAWAYS INC

  • The earnings per share (EPS) of INTERNATIONAL SEAWAYS INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 118.0% increase. This reflects the company's ability to improve its profitability over time.
  • INTERNATIONAL SEAWAYS INC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 55.26%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
  • Over the past 3 years, INTERNATIONAL SEAWAYS INC has demonstrated 138.0% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
  • INTERNATIONAL SEAWAYS INC showcases a robust Return on Equity (ROE) of 40.63%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
  • The Relative Strength (RS) of INTERNATIONAL SEAWAYS INC has been consistently solid, with a current 90.02 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. INTERNATIONAL SEAWAYS INC exhibits strong prospects for further price appreciation.
  • Maintaining a Debt-to-Equity ratio of 0.48, INTERNATIONAL SEAWAYS INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • With 63.5% of the total shares held by institutional investors, INTERNATIONAL SEAWAYS INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Zooming in on the technicals.

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Taking everything into account, INSW scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

  • Looking at the yearly performance, INSW did better than 90% of all other stocks. We also observe that the gains produced by INSW over the past year are nicely spread over this period.
  • INSW is part of the Oil, Gas & Consumable Fuels industry. There are 217 other stocks in this industry. INSW outperforms 81% of them.
  • The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
  • INSW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INSW is lagging the market slightly.

Check the latest full technical report of INSW for a complete technical analysis.

Fundamental analysis of NYSE:INSW

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

INSW gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 217 industry peers in the Oil, Gas & Consumable Fuels industry. INSW has an excellent financial health rating, but there are some minor concerns on its profitability. INSW is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make INSW a good candidate for value investing.

For an up to date full fundamental analysis you can check the fundamental report of INSW

More growth stocks can be found in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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