NYSE:INSW—Positioned as a High-Growth Stock, Ready for a Potential Breakout.

Last update: Jan 3, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INTERNATIONAL SEAWAYS INC (NYSE:INSW) is suited for growth investing, while it is forming a base and may be ready to breakout. Investors should of course do their own research, but we spotted INTERNATIONAL SEAWAYS INC showing up in our growth with base formation screen, so it may be worth spending some more time on it.

Understanding NYSE:INSW's Growth Score

ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NYSE:INSW, the assigned 8 reflects its growth potential:

The Earnings Per Share has grown by an impressive 357.97% over the past year.
INSW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 137.65% yearly.
INSW shows a strong growth in Revenue. In the last year, the Revenue has grown by 86.61%.
INSW shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.41% yearly.
Based on estimates for the next years, INSW will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.43% on average per year.
Based on estimates for the next years, INSW will show a quite strong growth in Revenue. The Revenue will grow by 8.42% on average per year.

A Closer Look at Health for NYSE:INSW

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:INSW has earned a 8 out of 10:

An Altman-Z score of 3.05 indicates that INSW is not in any danger for bankruptcy at the moment.
INSW's Altman-Z score of 3.05 is fine compared to the rest of the industry. INSW outperforms 74.07% of its industry peers.
INSW has a debt to FCF ratio of 1.61. This is a very positive value and a sign of high solvency as it would only need 1.61 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 1.61, INSW is doing good in the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 0.43 indicates that INSW is not too dependend on debt financing.
INSW has a Current Ratio of 2.53. This indicates that INSW is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of INSW (2.53) is better than 79.17% of its industry peers.
INSW has a Quick Ratio of 2.52. This indicates that INSW is financially healthy and has no problem in meeting its short term obligations.
INSW has a Quick ratio of 2.52. This is amongst the best in the industry. INSW outperforms 80.09% of its industry peers.

Understanding NYSE:INSW's Profitability

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:INSW, the assigned 6 is noteworthy for profitability:

Looking at the Return On Assets, with a value of 25.10%, INSW belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
The Return On Equity of INSW (38.95%) is better than 81.02% of its industry peers.
With an excellent Return On Invested Capital value of 22.64%, INSW belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
INSW has a Profit Margin of 55.44%. This is amongst the best in the industry. INSW outperforms 88.43% of its industry peers.
INSW's Operating Margin of 58.69% is amongst the best of the industry. INSW outperforms 87.96% of its industry peers.
In the last couple of years the Operating Margin of INSW has grown nicely.
INSW's Gross Margin of 74.09% is fine compared to the rest of the industry. INSW outperforms 79.63% of its industry peers.
In the last couple of years the Gross Margin of INSW has grown nicely.

Looking at the Setup

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NYSE:INSW currently has a 8 as setup rating:

Besides having an excellent technical rating, INSW also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 46.48, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

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

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

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.