INSW stock: buy or sell?

INSW stock price: $18.75 0.27% At close on February 27th, 2020

Updated on:
February 27th, 2020

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After sliding for 4 days, Thursday International Seaways stayed steady a tiny 0.27%, closing at $18.75. Thursday session broke a read streak of 4 sessions in a row. On Monday INSW collapsed a frightening -5.85%.

International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the International Flag trades.

Should I buy INSW stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, International Seaways stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is International Seaways stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for INSW stock for the last 30 days.

INSW stock analysis

Daily outlook

After sliding for 4 sessions, Thursday International Seaways stayed stable a tiny 0.27%, closing at $18.75.

After sliding for 4 days, Thursday International Seaways stayed constant a tiny 0.27%, closing at $18.75. Since February 13th when INSW stock price broke down the SMA200d line, it slid $-2.98 per share (-13.71%). On January, INSW hit new all time highs, pushing higher previous ATH of $30.75 recorded on January. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

INSW stock chart (daily)

Weekly outlook

International Seaways shares collapsed -7.41% this week, ending at $18.75.

Once International Seaways shares failed to resist above the support, it inevitably fell deeper. Possible next supports for INSW stock are 17.71. Not so far away is the last price record International Seaways marked early January, but since then it dropped a 40.27%. Since price and 40-weeks moving average lines crossed down early February, INSW fell $-3.51 per share (-15.77%). Stocks below the 40w moving average line are usually not recommended for average traders. Since early October 2019 when SMA20w and SMA40w crossed up, INSW price slipped $-2.00 per share (-9.64%).

INSW stock chart (weekly)

INSW stock price history

INSW stock went public on November 16th, 2016 with a price of $9.041. Since then, INSW stock grew a 107.40%, with an average of 35.80% per year. If you had invested right after INSW's IPO a $1,000 in INSW stock in 2016, it would worth $1,074.00 today.

1: Adjusted price after possible price splits or reverse-splits.

INSW stock historical price chart

INSW stock reached all-time highs on January with a price of $31.39.

INSW stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' INSW stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for International Seaways stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, International Seaways reported its latest financial data, posting an extraordinary growth for the Earnings per Share (EPS). Analyst expected $0.09 per share, but International Seaways posted $0.32.
INSW earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.64n/a
2017-Q2-n/a-0.21n/a
2017-Q3-n/a-0.61n/a
2017-Q42018-03-08-0.36-0.33n/a
2018-Q12018-05-04-0.64-0.78n/a
2018-Q22018-08-08-0.62-0.71n/a
2018-Q32018-11-07-0.74-1.04n/a
2018-Q42019-03-120.090.32255.6%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a rough correction of -6.80% to $270.36 M dollars. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) stepped up a 3.67% to -32.90%.

INSW annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$585 M-$-723.81 M-123.7%-
2014$517 M-11.68%$-119.10 M-23.0%-83.55%
2015$498 M-3.75%$173 M34.8%-245.40%
2016$398 M-19.96%$-18.22 M-4.6%-110.52%
2017$290 M-27.17%$-106.09 M-36.6%482.17%
2018$270 M-6.80%$-88.94 M-32.9%-16.16%

Quarterly financial results

International Seaways posted $100.55 M in revenues for 2018-Q4, a 65.03% up compared to previous quarter. Reported quarter earnings marked $6.96 million with a profit margin of 6.92%. Profit margin skyrocketed a 85.35% compared to previous quarter when profit margin was -78.43%. When comparing sales to same quarter last year, International Seaways sales marked a super good gain and rocketed a 44.83%. Looking back to recent quarterly results, International Seaways posted 3 positive quarters in a row.
INSW quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$89 M-$18.07 M20.4%-
2017-Q2$72 M-18.92%$-11.62 M-16.1%-164.31%
2017-Q3$60 M-16.66%$-21.82 M-36.4%87.75%
2017-Q4$69 M15.77%$-90.72 M-130.7%315.84%
2018-Q1$52 M-25.13%$-29.32 M-56.4%-67.69%
2018-Q2$57 M9.49%$-18.80 M-33.0%-35.88%
2018-Q3$61 M7.06%$-47.79 M-78.4%154.23%
2018-Q4$101 M65.03%$6.96 M6.9%-114.56%

International Seaways ownership

When you are planning to invest in shares of a stock, it's worth to overview its ownership structure.

International Seaways shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.86% of all shares.

Bearish positions for INSW stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

INSW
Market cap$548.8 M
Total shares29.3 M
Float shares25.0 M
  - Institutional holdings (%)96.8%
  - Insider holdings (%)0.9%
Shares in short selling0.0%

INSW summary

Thursday, February 27th, 2020
Open$18.27
Close$18.75
Day range$18.06 - $19.51
Previous close$18.70
Session gain0.27%
Average true range$0.91
50d mov avg$25.21
100d mov avg$25.48
200d mov avg$21.74
Daily patternlt03c
Weekly pattern lt06c

International Seaways performance

To measure stock performance is always good to benchmark with competitors or related stocks. We selected as the bechmarking frame for International Seaways stock.
Stock3m6m12m
INSWInternational Sea...-29.19%8.89%12.55%

International Seaways competitors

Unfortunately, we could not find any public company that could be defined as International Seaways competitor. This doesn't mean International Seaways does not have any competitor in the market, it's just we could not detected it.