Exploring the Growth Potential of NYSE:INSW as It Nears a Breakout.

Last update: Mar 1, 2024

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 strong growth, ready to breakout screen, which makes it worth to investigate a bit more.

How do we evaluate the Growth for NYSE:INSW?

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:INSW boasts a 8 out of 10:

INSW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 357.97%, which is quite impressive.
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.
INSW is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.43% yearly.
INSW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.42% yearly.

Looking at the Health

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:INSW has earned a 8 out of 10:

An Altman-Z score of 3.25 indicates that INSW is not in any danger for bankruptcy at the moment.
INSW has a better Altman-Z score (3.25) than 78.04% 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.
INSW has a better Debt to FCF ratio (1.61) than 76.64% of its industry peers.
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.
Looking at the Current ratio, with a value of 2.53, INSW is in the better half of the industry, outperforming 79.44% of the companies in the same industry.
A Quick Ratio of 2.52 indicates that INSW has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.52, INSW belongs to the top of the industry, outperforming 80.37% of the companies in the same industry.

Profitability Analysis for NYSE:INSW

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:INSW, the assigned 6 is a significant indicator of profitability:

With an excellent Return On Assets value of 25.10%, INSW belongs to the best of the industry, outperforming 87.85% of the companies in the same industry.
Looking at the Return On Equity, with a value of 38.95%, INSW belongs to the top of the industry, outperforming 82.24% of the companies in the same industry.
INSW has a Return On Invested Capital of 22.64%. This is amongst the best in the industry. INSW outperforms 85.98% of its industry peers.
INSW has a Profit Margin of 55.44%. This is amongst the best in the industry. INSW outperforms 87.85% of its industry peers.
INSW's Operating Margin of 58.69% is amongst the best of the industry. INSW outperforms 88.78% of its industry peers.
INSW's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 74.09%, INSW is doing good in the industry, outperforming 79.44% of the companies in the same industry.
In the last couple of years the Gross Margin of INSW has grown nicely.

Why is NYSE:INSW a setup?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NYSE:INSW is 9:

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. 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. There is a support zone below the current price at 52.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

More Strong Growth stocks can be found 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

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.