In the latest market close, International Seaways (INSW) reached $54.64, with a -1.18% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.34%. On the other hand, the Dow registered a gain of 0.23%, and the technology-centric Nasdaq decreased by 0.33%.The the stock of company has risen by 2.69% in the past month, leading the Transportation sector's loss of 10.34% and the S&P 500's loss of 4.05%.The upcoming earnings release of International Seaways will be ...

International Seaways (INSW) is scheduled to release first-quarter 2024 earnings on May 8, before market open.INSW has an impressive earnings surprise record. Its bottom line surpassed the Zacks Consensus Estimate in each of the last four quarters, the average beat being 12.58%.The Zacks Consensus Estimate for earnings has been revised 5.8% upward to $2.38 per share over the past 90 days.Against this backdrop, let’s delve into the factors likely to have impacted International Seaways’ March-quarter performa ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Shares of International Seaways (INSW) have been strong performers lately, with the stock up 2.5% over the past month. The stock hit a new 52-week high of $55.67 in the previous session. International Seaways has gained 22.1% since the start of the year compared to the -1% move for the Zacks Transportation sector and the 7.2% return for the Zacks Transportation - Shipping industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings ...

International Seaways (INSW) ended the recent trading session at $53.91, demonstrating a +0.58% swing from the preceding day's closing price. This change lagged the S&P 500's 1.2% gain on the day. At the same time, the Dow added 0.69%, and the tech-heavy Nasdaq gained 1.59%.Shares of the company have appreciated by 1.36% over the course of the past month, outperforming the Transportation sector's loss of 8.65% and the S&P 500's loss of 4.16%.The investment community will be closely monitoring the performanc ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

International Seaways (INSW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned +0%, compared to the Zacks S&P 500 composite's -1.7% change. During this period, the Zacks Transportation - Shipping industry, which International Seaways falls in, has gained 0.6%. The key question now is: What could be the stock's future direct ...

Antony Velikagathu Note: I previously covered International Seaways (NYSE:INSW) in January 2024. In my note on INSW, I discussed the company's diverse fleet of crude and product tankers, its superior finances, and valuations. I pointed out that the tanker (crude and product) market will remain robust due to the dislocation between crude oil supply and demand, plus tanker supply constraints. Consumption will grow East while production will grow West, resulting in higher tonne-mile demand for crude oil tr ...

The latest trading session saw International Seaways (INSW) ending at $53.05, denoting a +1.22% adjustment from its last day's close. This change outpaced the S&P 500's 0.74% gain on the day. On the other hand, the Dow registered a loss of 0.01%, and the technology-centric Nasdaq increased by 1.68%.Heading into today, shares of the company had gained 1.61% over the past month, lagging the Transportation sector's gain of 6.39% and outpacing the S&P 500's gain of 0.8% in that time.Investors will be eagerly wa ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...