International Seaways Inc (NYSE: INSW) is -6.90% lower on its value in year-to-date trading and has touched a low of $31.14 and a high of $59.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INSW stock was last observed hovering at around $34.29 in the last trading session, with the day’s loss setting it -1.42%.
Currently trading at $32.87, the stock is -2.27% and -8.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -4.14% at the moment leaves the stock -23.59% off its SMA200. INSW registered -30.99% loss for a year compared to 6-month loss of -33.29%. The firm has a 50-day simple moving average (SMA 50) of $36.4664 and a 200-day simple moving average (SMA200) of $45.23515.
The stock witnessed a -8.26% gain in the last 1 month and extending the period to 3 months gives it a -0.95%, and is -6.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.30% over the week and 4.71% over the month.
International Seaways Inc (INSW) has around 2824 employees, a market worth around $1.62B and $951.61M in sales. Current P/E ratio is 3.91 and Fwd P/E is 5.65. Profit margin for the company is 43.79%. Distance from 52-week low is 5.55% and -44.66% from its 52-week high. The company has generated returns on investments over the last 12 months (16.65%).
The EPS is expected to shrink by -36.63% this year
353.0 institutions hold shares in International Seaways Inc (INSW), with institutional investors hold 94.20% of the company’s shares. The shares outstanding are 49.19M, and float is at 39.62M with Short Float at 7.21%. Institutions hold 76.88% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 4.21 million shares valued at $248.72 million. The investor’s holdings represent 8.5892 of the INSW Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 3.2 million shares valued at $189.49 million to account for 6.5436 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.09 million shares representing 6.2644 and valued at over $182.94 million, while MACQUARIE GROUP LTD holds 2.8454 of the shares totaling 1.41 million with a market value of $83.09 million.
International Seaways Inc (INSW) Insider Activity
The most recent transaction is an insider sale by Zabrocky Lois K, the company’s President & CEO. SEC filings show that Zabrocky Lois K sold 2,000 shares of the company’s common stock on Mar 17 ’25 at a price of $34.66 per share for a total of $69323.0. Following the sale, the insider now owns 0.18 million shares.
Still, SEC filings show that on Mar 13 ’25, Solon Derek G. (Senior Vice President) disposed off 4,400 shares at an average price of $33.39 for $0.15 million. The insider now directly holds 50,453 shares of International Seaways Inc (INSW).
