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Otis Worldwide Corporation is a specialty industrial machinery business based in the US. Otis Worldwide Corporation shares (OTIS) are listed on the NYSE and all prices are listed in US Dollars. Otis Worldwide Corporation employs 69,000 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$85.74|
|52-week range||$57.98 - $92.84|
|50-day moving average||$90.48|
|200-day moving average||$79.98|
|Wall St. target price||$96.09|
|Dividend yield||$0.84 (0.95%)|
|Earnings per share (TTM)||$2.65|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-09-17)||0.85%|
|1 month (2021-08-24)||-5.12%|
|3 months (2021-06-24)||5.37%|
|6 months (2021-03-24)||27.65%|
|1 year (2020-09-24)||38.11%|
|2 years (2019-09-20)||N/A|
|3 years (2018-09-20)||N/A|
|5 years (2016-09-20)||N/A|
Valuing Otis Worldwide Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Otis Worldwide Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Otis Worldwide Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Otis Worldwide Corporation shares trade at around 32x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Otis Worldwide Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.1098. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Otis Worldwide Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Otis Worldwide Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.3 billion.
The EBITDA is a measure of a Otis Worldwide Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$13.9 billion|
|Operating margin TTM||15.34%|
|Gross profit TTM||$3.8 billion|
|Return on assets TTM||12.49%|
|Return on equity TTM||0%|
|Market capitalisation||$36.3 billion|
TTM: trailing 12 months
There are currently 4.5 million Otis Worldwide Corporation shares held short by investors – that's known as Otis Worldwide Corporation's "short interest". This figure is 25.1% down from 6.0 million last month.
There are a few different ways that this level of interest in shorting Otis Worldwide Corporation shares can be evaluated.
Otis Worldwide Corporation's "short interest ratio" (SIR) is the quantity of Otis Worldwide Corporation shares currently shorted divided by the average quantity of Otis Worldwide Corporation shares traded daily (recently around 1.8 million). Otis Worldwide Corporation's SIR currently stands at 2.44. In other words for every 100,000 Otis Worldwide Corporation shares traded daily on the market, roughly 2440 shares are currently held short.
However Otis Worldwide Corporation's short interest can also be evaluated against the total number of Otis Worldwide Corporation shares, or, against the total number of tradable Otis Worldwide Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Otis Worldwide Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Otis Worldwide Corporation shares in existence, roughly 10 shares are currently held short) or 0.0105% of the tradable shares (for every 100,000 tradable Otis Worldwide Corporation shares, roughly 11 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Otis Worldwide Corporation.
Find out more about how you can short Otis Worldwide Corporation stock.
Dividend payout ratio: 30.77% of net profits
Recently Otis Worldwide Corporation has paid out, on average, around 30.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.09% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Otis Worldwide Corporation shareholders could enjoy a 1.09% return on their shares, in the form of dividend payments. In Otis Worldwide Corporation's case, that would currently equate to about $0.84 per share.
While Otis Worldwide Corporation's payout ratio might seem fairly standard, it's worth remembering that Otis Worldwide Corporation may be investing much of the rest of its net profits in future growth.
Otis Worldwide Corporation's most recent dividend payout was on 9 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 August 2021 (the "ex-dividend date").
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates through 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. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. The company was founded in 1853 and is headquartered in Farmington, Connecticut. .
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