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

By Mill Chart

Last update: Feb 9, 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.

Deciphering NYSE:INSW's Growth Rating

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.
  • Measured over the past years, INSW shows a very strong growth in Earnings Per Share. The EPS has been growing by 137.65% on average per year.
  • INSW shows a strong growth in Revenue. In the last year, the Revenue has grown by 86.61%.
  • Measured over the past years, INSW shows a very strong growth in Revenue. The Revenue has been growing by 24.41% on average per year.
  • 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.
  • The Revenue is expected to grow by 8.01% on average over the next years. This is quite good.

ChartMill's Evaluation of Health

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:INSW scores a 8 out of 10:

  • An Altman-Z score of 3.20 indicates that INSW is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.20, INSW is in the better half of the industry, outperforming 77.67% of the companies in the same industry.
  • 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.
  • INSW's Debt to FCF ratio of 1.61 is fine compared to the rest of the industry. INSW outperforms 76.28% of its industry peers.
  • INSW has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
  • A Current Ratio of 2.53 indicates that INSW has no problem at all paying its short term obligations.
  • INSW's Current ratio of 2.53 is fine compared to the rest of the industry. INSW outperforms 78.60% 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.
  • The Quick ratio of INSW (2.52) is better than 79.53% of its industry peers.

Profitability Assessment of NYSE:INSW

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 86.05% of the companies in the same industry.
  • INSW has a better Return On Equity (38.95%) than 80.47% of its industry peers.
  • The Return On Invested Capital of INSW (22.64%) is better than 83.72% of its industry peers.
  • Looking at the Profit Margin, with a value of 55.44%, INSW belongs to the top of the industry, outperforming 88.37% of the companies in the same industry.
  • INSW has a Operating Margin of 58.69%. This is amongst the best in the industry. INSW outperforms 88.37% of its industry peers.
  • In the last couple of years the Operating Margin of INSW has grown nicely.
  • With a decent Gross Margin value of 74.09%, INSW is doing good in the industry, outperforming 79.53% of the companies in the same industry.
  • INSW's Gross Margin has improved in the last couple of years.

Why is NYSE:INSW a 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:

INSW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 53.66. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for INSW in the last couple of days, which is a good sign.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

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

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

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.

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