International Seaways Inc. (NYSE:INSW) has received an average broker rating score of 1.00 (Strong Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy rating.

Analysts have set a one year consensus price target of $26.67 for the company and are anticipating that the company will post ($0.02) EPS for the current quarter, according to Zacks. Zacks has also assigned International Seaways an industry rank of 231 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research lowered shares of International Seaways from a “hold” rating to a “strong sell” rating in a report on Friday, October 20th.

International Seaways (NYSE INSW) traded down $0.21 during midday trading on Tuesday, hitting $16.92. 241,743 shares of the stock traded hands, compared to its average volume of 178,101. The firm has a market capitalization of $487.26 and a price-to-earnings ratio of 30.45. The company has a current ratio of 3.78, a quick ratio of 3.74 and a debt-to-equity ratio of 0.44. International Seaways has a 12 month low of $10.66 and a 12 month high of $23.43.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of International Seaways by 14.2% in the second quarter. Vanguard Group Inc. now owns 1,812,662 shares of the transportation company’s stock valued at $39,280,000 after purchasing an additional 224,894 shares in the last quarter. Numeric Investors LLC increased its holdings in shares of International Seaways by 4.1% in the second quarter. Numeric Investors LLC now owns 901,309 shares of the transportation company’s stock valued at $19,531,000 after purchasing an additional 35,500 shares in the last quarter. Donald Smith & CO. Inc. increased its holdings in shares of International Seaways by 52.5% in the third quarter. Donald Smith & CO. Inc. now owns 847,222 shares of the transportation company’s stock valued at $16,690,000 after purchasing an additional 291,656 shares in the last quarter. Frontier Capital Management Co. LLC acquired a new stake in shares of International Seaways in the third quarter valued at approximately $16,062,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of International Seaways by 59.0% in the third quarter. Dimensional Fund Advisors LP now owns 561,379 shares of the transportation company’s stock valued at $11,059,000 after purchasing an additional 208,301 shares in the last quarter. 86.33% of the stock is owned by institutional investors.

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About International Seaways

International Seaways, Inc and its subsidiaries own and operate a fleet of oceangoing vessels. The Company’s oceangoing vessels engage in the transportation of crude oil and petroleum products in the International Flag trades. The Company’s segments are International Crude Tankers and International Product Carriers.

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