INSW stock: buy or sell?

INSW stock price: $25.36 1.24% At close on October 18th, 2019

Updated on:
October 18th, 2019

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International Seaways appreciated 1.24% to $25.36 after topping to all time highs on Monday.

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. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 2 buy setups are elegible for International Seaways stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is International Seaways stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for INSW stock for the last 30 days.

INSW stock analysis

Daily outlook

After reaching all time highs on Monday, International Seaways appreciated 1.24% to $25.36.

International Seaways appreciated 1.24% on October 18th to $25.36 after marking all time highs on Monday. Since September when INSW stock price broke up the SMA200d line, it gained $7.66 (43.28%). Since last July when SMA100d and SMA200d crossed up, INSW price gained $7.96 per share (45.75%). INSW shows a short term strength with several rising tops and rising bottoms. In the very short term, on Wednesday it marked a new bottom at $24.70 that should act a support if International Seaways starts a trading flat base in the range of $24.70 - $26.50 Trading the long side, we should wait to a new breakout over $26.50 to find the next buy point. On Monday, INSW hit a new all time high, pushing higher than on October/11 tops. Check different trading setups that use ATHs as triggers.

INSW stock chart (daily)

Weekly outlook

International Seaways closed this week at $25.36 after reaching a new all time high ($26.50) even it couldn't close with gains and stayed stable an ugly -0.39%. Last week INSW climbed an exceptional 18.50% in just one week.

Price finally broke over the resistance at $19.74 and continued climbing. Since early September when INSW stock price broke up the SMA40w line, it gained $8.14 (47.27%).

INSW stock chart (weekly)

INSW stock price history

INSW IPO was on November 16th, 2016 at $9.04 per share1. Since then, INSW stock grew a 180.50%, with a yearly average of 90.30%. If you had invested $1,000 in INSW stock in 2016, it would worth $1,805.00 today.

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

INSW stock historical price chart

INSW stock reached all-time highs on Monday with a price of $26.50.

INSW stock price target

Nobody can reliably foresee how stock prices may evolve in the future. 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 detected any price target for International Seaways stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

International Seaways presented amazing results for 2018-Q4 on March. International Seaways skyrocketed Earnings per Share (EPS) by 255.60%, beating analysts estimates of $0.09. 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

In 2018, International Seaways annual turnover eased a fateful -6.80% to $270.36 million dollars from $290.10 marked in 2017. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) gained 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 million in sales for 2018-Q4, a 65.03% improvement compared to previous quarter. Reported quarter income marked $6.96 million with a profit margin of 6.92%. Profit margin boosted 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 an extraordinary increase and climbed 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 review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For International Seaways, 0.67% of all outstanding shares are owned by its staff.

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

For a better understanding, the next table shows ownership data compared to other related companies:

INSWSMHI
Market cap$742.3 M$290.6 M
Total shares29.3 M21.8 M
Float shares25.0 M18.3 M
  - Institutional holdings (%)94.4%85.2%
  - Insider holdings (%)0.7%6.8%
Shares in short selling0.0%0.0%

INSW summary

Friday, October 18th, 2019
Open$25.00
Close$25.36
Day range$25.00 - $25.64
Previous close$25.05
Session gain1.24%
Average true range$1.30
50d mov avg$19.26
100d mov avg$18.55
200d mov avg$18.34
Daily patternlb03a
Weekly pattern lb01c

International Seaways performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We picked Array as the bechmarking frame for International Seaways stock.
Stock3m6m12m
INSWInternational Sea...44.25%31.74%17.90%
SMHISEACOR Marine1.44%-6.45%-32.06%

International Seaways competitors

Choosing a list of competitors for International Seaways it's a hard job. We selected just one public company that in our opinion is related to and can be considered International Seaways competitor: