With 0.63 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.99 million shares. The 52-week range on INSW shows that it touched its highest point at $60.46 and its lowest point at $32.11 during that stretch. It currently has a 1-year price target of $57.60. With its current market cap of 1.79 billion, INSW has annualized dividend of $0.48 while the current yield stands at 1.32%. Beta for the stock currently stands at -0.18.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INSW was down-trending over the past week, with a drop of -4.98%, but this was up by 1.47% over a month. Three-month performance dropped to -9.07% while six-month performance fell -23.92%. The stock lost -20.86% in the past year, while it has gained 1.47% so far this year. A look at the trailing 12-month EPS for INSW yields 10.35 with Next year EPS estimates of 5.76. For the next quarter, that number is 0.84. This implies an EPS growth rate of -27.26% for this year and -25.47% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INSW since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.09143 being high and $7.55804 being low. For INSW, this leads to a yearly average estimate of $7.8197. Based on analyst estimates, the high estimate for the next quarter is $4.43 and the low estimate is $0.68. The average estimate for the next quarter is thus $1.73.
