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Otis Worldwide (OTIS)
NYSE:OTIS
Holding OTIS?
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OTIS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$86.40 - $106.33
Previous CloseN/A
Volume889.18K
Average Volume (3M)1.79M
Market Cap
$37.23B
Enterprise Value$48.69B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)23.2
Beta0.87
Next Earnings
Jan 29, 2025EPS Estimate
0.96Last Dividend Ex-Date
Nov 15, 2024Dividend Yield1.62%
Share Statistics
EPS (TTM)4.01
Shares Outstanding399,460,500
10 Day Avg. Volume2,031,931
30 Day Avg. Volume1,788,594
Standard Deviation0.07
R-Squared0.58
Alpha-0.00055
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.62
Price to Cash Flow (P/CF)23.60
P/FCF Ratio23.00
Enterprise Value/Market Cap1.31
Enterprise Value/Revenue3.43
Enterprise Value/Gross Profit11.61
Enterprise Value/Ebitda21.16
Forecast
1Y Price Target
$103.57Price Target Upside9.29% Upside
Rating ConsensusHold
Number of Analyst Covering7
Otis Worldwide News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthThe earnings growth algorithm is driven by installed base service and modernization activity, with an outlook for accelerating growth and margins over the next 3-5 years.
Market PerformanceAmericas is seeing initial positive trends, with new equipment orders up 23% year-over-year in Q3.
Service GrowthService strength is expected to continue, supporting top-line growth and margin expansion.
Bears Say
China Market ChallengesThe China construction markets are likely down again, adding concerns with price deflation, credit risks, and rising US trade tensions.
Equipment Sales And MarginsThe new equipment sales outlook was guided down due to persistent weakness in China.
Revenue And Risk OutlookThe outlook for 2025 includes below-trend revenue growth and clear downside risk bias to estimates.
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Ownership Overview
0.11% Insiders
25.07% Mutual Funds
0.75% Other Institutional Investors
50.48% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OTIS FAQ
What was Otis Worldwide’s price range in the past 12 months?
Otis Worldwide lowest stock price was $86.40 and its highest was $106.33 in the past 12 months.
What is Otis Worldwide’s market cap?
Otis Worldwide’s market cap is $37.23B.
When is Otis Worldwide’s upcoming earnings report date?
Otis Worldwide’s upcoming earnings report date is Jan 29, 2025 which is in 11 days.
How were Otis Worldwide’s earnings last quarter?
Otis Worldwide released its earnings results on Oct 30, 2024. The company reported $0.96 earnings per share for the quarter, missing the consensus estimate of $0.97 by -$0.01.
Is Otis Worldwide overvalued?
According to Wall Street analysts Otis Worldwide’s price is currently Undervalued.
Does Otis Worldwide pay dividends?
Otis Worldwide pays a Quarterly dividend of $1.507 which represents an annual dividend yield of 1.62%. See more information on Otis Worldwide dividends here
What is Otis Worldwide’s EPS estimate?
Otis Worldwide’s EPS estimate is 0.96.
How many shares outstanding does Otis Worldwide have?
Otis Worldwide has 399,460,500 shares outstanding.
What happened to Otis Worldwide’s price movement after its last earnings report?
Otis Worldwide reported an EPS of $0.96 in its last earnings report, missing expectations of $0.97. Following the earnings report the stock price went down -3.041%.
Which hedge fund is a major shareholder of Otis Worldwide?
Currently, no hedge funds are holding shares in OTIS
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Otis Worldwide Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$103.57 (9.29% Upside)
$103.57 (9.29% Upside)
Blogger Sentiment
Bullish
OTIS Sentiment 81%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 159.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.68%
12-Months-Change
Fundamentals
Return on Equity
-33.28%
Trailing 12-Months
Asset Growth
-1.24%
Trailing 12-Months
Company Description
Otis Worldwide
Otis Worldwide Corporation engages in designing, manufacturing, selling and installations of passenger and freight elevators, escalators and moving walkways for infrastructure projects, and residential and commercial buildings. It also provides maintenance and repair services, as well as modernization services for elevators and escalators.
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OTIS Company Deck
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OTIS Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call indicates a robust performance in the Service segment and strong shareholder returns, but these are tempered by significant challenges in the China market and New Equipment sales decline. The overall sentiment reflects a balanced view with positive service growth but ongoing challenges in China.Read More>---
OTIS Net sales Breakdown
59.10% Service
40.90% New Equipment
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OTIS Stock 12 Month Forecast
Average Price Target
$103.57
▲(9.29% Upside)
Technical Analysis
Terex
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Aaon
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Best Analysts Covering OTIS
1 Year
1 Year Success Rate
16/23 ratings generated profit
1 Year Average Return
+7.76%
reiterated a buy rating 9 days ago
Copying Nicholas Housden's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +7.76% per trade.
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