(INSW) International Seaways - Ratings and Ratios

International Seaways, Inc. (INSW) is a leading player in the global shipping industry, operating a diverse fleet of 78 vessels that transport crude oil and petroleum products worldwide. The companys operations are segmented into Crude Tankers and Product Carriers, catering to a broad customer base including independent and state-owned oil companies, oil traders, refinery operators, and international government entities. With a strong presence in the international flag trade, INSW provides a range of services including ship-to-ship (STS) lightering support and full-service STS lightering.

The companys fleet comprises various vessel types, including VLCCs, Suezmaxes, Aframaxes, MRs, LR1, and LR2 product carriers, offering flexibility and adaptability to changing market conditions. Notably, some of its MR product carriers are IMO III compliant, enabling the transportation of edible oils such as palm and vegetable oil, which increases flexibility when switching between cargo grades. INSWs ability to serve a diverse customer base and provide a range of services positions it well in the global energy transportation market.

From a technical analysis perspective, INSWs stock price is currently at $39.91, having recently broken above its SMA20 and SMA50 levels of $37.10 and $34.87, respectively. The stock is still below its SMA200 level of $37.97, but the upward trend is a positive indicator. The Average True Range (ATR) of 1.16 represents a 2.90% daily price movement, indicating moderate volatility. Given the current price and technical indicators, a potential short-term target could be the 52-week high of $54.41, with a stop-loss around the SMA200 level.

Fundamentally, INSW has a market capitalization of $1833.90M USD, with a P/E ratio of 5.75 and a forward P/E of 9.36, indicating a relatively undervalued stock compared to its peers. The companys Return on Equity (RoE) stands at 17.19%, suggesting a strong ability to generate profits from shareholder equity. Combining the fundamental and technical data, a forecast for INSW could be a potential price increase to $45-$50 in the next 6-12 months, driven by a recovering energy market, increasing demand for seaborne transportation, and the companys strong operational capabilities. However, this forecast is contingent upon various market and economic factors, including global demand for oil, geopolitical developments, and overall market sentiment.