Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Otis Worldwide Corp (OTIS)

NYSE
Currency in USD
101.06
-0.74(-0.73%)
Closed
After Hours
99.54-1.52(-1.50%)
OTIS Scorecard
Full Analysis
Has raised its dividend for 5 consecutive years
Fair Value
Day's Range
100.57102.12
52 wk Range
85.42106.33
Key Statistics
Edit
Prev. Close
101.8
Open
101.97
Day's Range
100.57-102.12
52 wk Range
85.42-106.33
Volume
1.35M
Average Volume (3m)
2.14M
1-Year Change
15.84%
Book Value / Share
unlockUnlock
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
OTIS Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
101.27
Upside
+0.21%
Members' Sentiments
Bearish
Bullish
ProTips
7 analysts have revised their earnings downwards for the upcoming period
Show more

Otis Worldwide Corp Company Profile

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.

Otis Worldwide Corp SWOT Analysis


Elevator Evolution
Explore Otis's strategic shift from equipment sales to service-oriented business, promising higher margins and stable revenue streams
China's Crucial Role
Delve into Otis's improved competitive position in China, despite profitability remaining 30% below peak levels
Financial Trajectory
Analysts project EPS growth from $3.88 to $4.32, with price targets ranging from $90 to $110, reflecting mixed market sentiment
Market Challenges
Learn how Otis navigates declining Asian equipment demand while leveraging its global presence to maintain industry leadership
Read full SWOT analysis
OTIS Full Pro Research
Institutional-Grade Stock Analysis
Understand how OTIS earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
Actionable Pro Tips, and many more...
Gain access to 1400+ in-depth research reports on the most popular US stocks

Otis Worldwide Corp Earnings Call Summary for Q4/2024

  • Net sales reached $3.5B with 1% organic growth; Service segment showed high single-digit growth while New Equipment orders declined 3%
  • Adjusted EPS grew 1% to $0.01; company projects $14.2B sales and $3.85 adjusted EPS for 2024 with 1.5% organic sales growth
  • China's New Equipment market faces challenges; global unit sales expected to decrease high single digits, offset by mid-single digit Service growth
  • Modernization backlog up 12%; Service margins improved to 24.8% in Q4; Uplift program on track to enhance New Equipment margins
  • Management anticipates market improvement in 2025, projecting low single-digit growth outside China in New Equipment sector
Last Updated: 30/10/2024, 20:54
Read Full Transcript

Compare OTIS to Peers and Sector

Metrics to compare
OTIS
Peers
Sector
Relationship
P/E Ratio
24.8x26.2x11.7x
PEG Ratio
1.173.870.03
Price/Book
−8.2x10.0x1.4x
Price / LTM Sales
2.8x2.4x1.2x
Upside (Analyst Target)
0.2%0.0%20.2%
Fair Value Upside
Unlock−2.3%5.8%Unlock

Analysts' Recommendations

5 Buy
12 Hold
0 Sell
Ratings:
15 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 101.27

(+0.21% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.04
Dividend Yield
1.53%
Industry Median 1.16%
Annualised payout
1.5600
Paid quarterly
5-Years Growth
-
Growth Streak

People Also Watch

432.11
IDXX
+0.31%
247.51
CEG
-0.83%
236.99
UNP
-1.57%
373.75
ETN
+0.41%
284.93
MAR
-0.46%

FAQ

What Is the Otis Worldwide (OTIS) Premarket Price Today?

The Otis Worldwide (OTIS) premarket price is . Premarket price change units: . Premarket percentage change: . Premarket volume: . Current date: 04 Dec 2024. Previous close: 101.80

What Stock Exchange Does Otis Worldwide Trade On?

Otis Worldwide is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Otis Worldwide?

The stock symbol for Otis Worldwide is "OTIS."

What Is the Otis Worldwide (OTIS) Afterhours Price Today? (Afterhours variable test: ) Current Date: 04 Dec 2024

After hours price: . After hours price change (units): . Price change percentage:

What Is the Otis Worldwide Market Cap?

As of today, Otis Worldwide market cap is 40.37B.

What is Otis Worldwide Earnings Per Share?

The Otis Worldwide EPS is 4.04.

What Is the Next Otis Worldwide Earnings Date?

Otis Worldwide will release its next earnings report on 28 Jan 2025.

From a Technical Analysis Perspective, Is OTIS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

What Is Otis Worldwide (OTIS) Price Target According to Analysts?

Based on analysts, the average 12-month price target for Otis Worldwide is , with a high estimate of and a low estimate of . analysts recommend buying the stock, while suggest selling, leading to an overall rating of . The stock has an upside potential of %.

What Is Otis Worldwide (OTIS) Price Target According to Analysts?

Based on analysts, the average 12-month price target for Otis Worldwide is , with a high estimate of and a low estimate of . analysts recommend buying the stock, while suggest selling, leading to an overall rating of . The stock has an upside potential of %.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.