International Seaways (INSW) Earns Media Impact Rating of 0.09
Media headlines about International Seaways (NYSE:INSW) have been trending somewhat positive on Wednesday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. International Seaways earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 47.0193137180297 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Separately, Zacks Investment Research cut shares of International Seaways from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th.
International Seaways (NYSE:INSW) traded down 1.89% during midday trading on Wednesday, reaching $20.21. 683,743 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $19.57 and its 200 day moving average price is $19.57. The firm’s market cap is $591.10 million. International Seaways has a 1-year low of $9.00 and a 1-year high of $23.43.
International Seaways (NYSE:INSW) last posted its earnings results on Wednesday, August 9th. The transportation company reported ($0.40) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.55). International Seaways had a positive return on equity of 0.91% and a negative net margin of 31.22%. The business had revenue of $71.90 million for the quarter, compared to the consensus estimate of $73.00 million. International Seaways’s revenue for the quarter was down 30.3% on a year-over-year basis. Equities research analysts anticipate that International Seaways will post $0.95 EPS for the current year.
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International Seaways Company Profile
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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