We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Are Transportation Stocks Lagging International Seaways (INSW) This Year?
Read MoreHide Full Article
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Is International Seaways (INSW - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.
International Seaways is a member of our Transportation group, which includes 114 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. International Seaways is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for INSW's full-year earnings has moved 9.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, INSW has moved about 155.9% on a year-to-date basis. At the same time, Transportation stocks have gained an average of 6.7%. This means that International Seaways is performing better than its sector in terms of year-to-date returns.
Nippon Yusen Kabushiki Kaisha (NPNYY - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 46.1%.
The consensus estimate for Nippon Yusen Kabushiki Kaisha's current year EPS has increased 25.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, International Seaways is a member of the Transportation - Shipping industry, which includes 29 individual companies and currently sits at #56 in the Zacks Industry Rank. On average, stocks in this group have gained 79.5% this year, meaning that INSW is performing better in terms of year-to-date returns. Nippon Yusen Kabushiki Kaisha is also part of the same industry.
Investors with an interest in Transportation stocks should continue to track International Seaways and Nippon Yusen Kabushiki Kaisha. These stocks will be looking to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Are Transportation Stocks Lagging International Seaways (INSW) This Year?
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Is International Seaways (INSW - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.
International Seaways is a member of our Transportation group, which includes 114 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. International Seaways is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for INSW's full-year earnings has moved 9.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, INSW has moved about 155.9% on a year-to-date basis. At the same time, Transportation stocks have gained an average of 6.7%. This means that International Seaways is performing better than its sector in terms of year-to-date returns.
Nippon Yusen Kabushiki Kaisha (NPNYY - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 46.1%.
The consensus estimate for Nippon Yusen Kabushiki Kaisha's current year EPS has increased 25.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, International Seaways is a member of the Transportation - Shipping industry, which includes 29 individual companies and currently sits at #56 in the Zacks Industry Rank. On average, stocks in this group have gained 79.5% this year, meaning that INSW is performing better in terms of year-to-date returns. Nippon Yusen Kabushiki Kaisha is also part of the same industry.
Investors with an interest in Transportation stocks should continue to track International Seaways and Nippon Yusen Kabushiki Kaisha. These stocks will be looking to continue their solid performance.