Is NYSE:INSW suited for growth investing?

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.

Why NYSE:INSW may be interesting for canslim investors.

• In the most recent financial report, INTERNATIONAL SEAWAYS INC reported a 118.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The quarter-to-quarter (Q2Q) revenue growth of 55.26% of INTERNATIONAL SEAWAYS INC has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• 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.
• With a favorable Return on Equity (ROE) of 40.63%, INTERNATIONAL SEAWAYS INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• INTERNATIONAL SEAWAYS INC has achieved an impressive Relative Strength (RS) rating of 91.48, showcasing its ability to outperform the broader market. This strong performance positions INTERNATIONAL SEAWAYS INC as an attractive stock for potential 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 63.49% 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.

Deciphering the Technical Picture of NYSE:INSW

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Overall INSW gets a technical rating of 8 out of 10. Both in the recent history as in the last year, INSW has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• INSW is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 78% of 218 stocks in the same industry.
• In the last month INSW has a been trading in the 40.68 - 46.95 range, which is quite wide. It is currently trading near the high of this range.
• Looking at the yearly performance, INSW did better than 91% of all other stocks. We also observe that the gains produced by INSW over the past year are nicely spread over this period. However, this relatively good performance is mostly due to a recent big move.
• INSW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Our latest full technical report of INSW contains the most current technical analsysis.

What else is there to say on the fundamentals of NYSE:INSW?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Taking everything into account, INSW scores 6 out of 10 in our fundamental rating. INSW was compared to 218 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make INSW suitable for value investing!

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

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

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.