This summary was created by AI, based on 2 opinions in the last 12 months.
International Seaways (INSW-N) is one of the world's largest tanker operators for oil and refined products. The company's recent acquisition of six new vessels comes at a time when shipyard capacity for new orders is limited. Additionally, the growth in cash reserves and debt retirement are positive indicators. The stock trades at a low earnings multiple and offers a high return on equity. Overall, experts are bullish on the company's potential for upside, with a consensus to maintain a stop at $39 and a target of $70.63.
International Seaways is a American stock, trading under the symbol INSW-N on the New York Stock Exchange (INSW). It is usually referred to as NYSE:INSW or INSW-N
In the last year, there was no coverage of International Seaways published on Stockchase.
International Seaways was recommended as a Top Pick by on . Read the latest stock experts ratings for International Seaways.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered International Seaways In the last year. It is a trending stock that is worth watching.
On 2024-12-04, International Seaways (INSW-N) stock closed at a price of $38.1.
As one of the world's largest tanker operators in the world, shipping refined products on 82 vessels, INSW is reiterated as a TOP PICK. We like that cash reserves are growing, while debt is retired. The company recently announced a large share repurchase, following the sale of one of its vessels. It trades at 5x earnings, 1.3x book and supports a 29% ROE. We recommend maintaining the stop at $39, looking to achieve $71 -- upside potential of 37%. Yield 0.9%.
(Analysts’ price target is $70.63)