Is NYSE:INSW on the Verge of a Major Breakout as a Strong Growth Stock?

For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether INTERNATIONAL SEAWAYS INC (NYSE:INSW) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but INTERNATIONAL SEAWAYS INC has caught our attention on our screen for growth with base formation. It may warrant additional investigation.

Assessing Growth for NYSE:INSW

ChartMill assigns a proprietary Growth Rating to each stock. The score is computed by evaluating various growth aspects, like EPS and revenue growth. We take into account the history as well as the estimated future numbers. NYSE:INSW was assigned a score of 8 for growth:

• INSW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 357.97%, which is quite impressive.
• Measured over the past years, INSW shows a very strong growth in Earnings Per Share. The EPS has been growing by 137.65% on average per year.
• The Revenue has grown by 86.61% in the past year. This is a very strong growth!
• INSW shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.41% yearly.
• Based on estimates for the next years, INSW will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.43% on average per year.
• INSW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.42% yearly.

A Closer Look at Health for NYSE:INSW

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:INSW has earned a 7 out of 10:

• With a decent Altman-Z score value of 2.98, INSW is doing good in the industry, outperforming 72.69% of the companies in the same industry.
• INSW has a debt to FCF ratio of 1.61. This is a very positive value and a sign of high solvency as it would only need 1.61 years to pay back of all of its debts.
• INSW has a better Debt to FCF ratio (1.61) than 74.07% of its industry peers.
• INSW has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
• A Current Ratio of 2.53 indicates that INSW has no problem at all paying its short term obligations.
• Looking at the Current ratio, with a value of 2.53, INSW is in the better half of the industry, outperforming 78.70% of the companies in the same industry.
• INSW has a Quick Ratio of 2.52. This indicates that INSW is financially healthy and has no problem in meeting its short term obligations.
• INSW has a Quick ratio of 2.52. This is in the better half of the industry: INSW outperforms 79.17% of its industry peers.

Assessing Profitability for NYSE:INSW

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:INSW has achieved a 6:

• INSW has a better Return On Assets (25.10%) than 85.19% of its industry peers.
• With an excellent Return On Equity value of 38.95%, INSW belongs to the best of the industry, outperforming 81.94% of the companies in the same industry.
• With an excellent Return On Invested Capital value of 22.64%, INSW belongs to the best of the industry, outperforming 82.87% of the companies in the same industry.
• INSW has a Profit Margin of 55.44%. This is amongst the best in the industry. INSW outperforms 89.35% of its industry peers.
• INSW has a Operating Margin of 58.69%. This is amongst the best in the industry. INSW outperforms 87.96% of its industry peers.
• INSW's Operating Margin has improved in the last couple of years.
• Looking at the Gross Margin, with a value of 74.09%, INSW is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
• In the last couple of years the Gross Margin of INSW has grown nicely.

Why is NYSE:INSW a setup?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NYSE:INSW is 7:

INSW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 44.47, a Stop Loss order could be placed below this zone.

More Strong Growth stocks can be found in our Strong Growth screener.

Our latest full fundamental report of INSW contains the most current fundamental analsysis.

Our latest full technical report of INSW contains the most current technical analsysis.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.