Demystifying International Seaways: Insights From 4 Analyst Reviews
Ratings for International Seaways (NYSE:INSW) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 0 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $66.0, a high estimate of $68.00, and a low estimate of $64.00. Surpassing the previous average price target of $63.75, the current average has increased by 3.53%.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of International Seaways's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Benjamin Nolan | Stifel | Raises | Buy | $68.00 | $66.00 |
| Amit Mehrotra | Deutsche Bank | Raises | Buy | $66.00 | $62.00 |
| Benjamin Nolan | Stifel | Raises | Buy | $66.00 | $64.00 |
| Benjamin Nolan | Stifel | Raises | Buy | $64.00 | $63.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to International Seaways. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of International Seaways compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of International Seaways's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of International Seaways's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on International Seaways analyst ratings.
All You Need to Know About International Seaways
International Seaways Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.
Financial Milestones: International Seaways's Journey
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: International Seaways's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -4.43%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: International Seaways's net margin is impressive, surpassing industry averages. With a net margin of 52.66%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): International Seaways's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 8.23%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): International Seaways's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 5.7%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.4, International Seaways adopts a prudent financial strategy, indicating a balanced approach to debt management.
How Are Analyst Ratings Determined?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.