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How to buy Otis Worldwide stock
Learn how to easily invest in Otis Worldwide stock.
Otis Worldwide Corp is a specialty industrial machinery business based in the US. Otis Worldwide shares (OTIS) are listed on the NYSE and all prices are listed in US Dollars. Otis Worldwide employs 70,000 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Otis Worldwide
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – OTIS – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Otis Worldwide stock price (NYSE: OTIS)Use our graph to track the performance of OTIS stocks over time.
Otis Worldwide shares at a glance
|Latest market close||$69.78|
|52-week range||$66.97 - $91.93|
|50-day moving average||$73.60|
|200-day moving average||$79.98|
|Wall St. target price||$86.23|
|Dividend yield||$0.96 (1.71%)|
|Earnings per share (TTM)||$2.91|
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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.
Is it a good time to buy Otis Worldwide stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
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.
Otis Worldwide price performance over time
|1 week (2022-06-23)||1.73%|
|1 month (2022-05-27)||-8.55%|
|3 months (2022-03-30)||-10.25%|
|6 months (2021-12-30)||-19.20%|
|1 year (2021-06-30)||-14.66%|
|2 years (2020-06-30)||22.72%|
|3 years (2019-06-26)||N/A|
|5 years (2017-06-26)||N/A|
Is Otis Worldwide stock undervalued or overvalued?
Valuing Otis Worldwide stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Otis Worldwide's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Otis Worldwide's P/E ratio
Otis Worldwide's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, Otis Worldwide shares trade at around 24x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Otis Worldwide's PEG ratio
Otis Worldwide's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.0749. 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'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's EBITDA
Otis Worldwide's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.4 billion.
The EBITDA is a measure of a Otis Worldwide's overall financial performance and is widely used to measure a its profitability.
Otis Worldwide financials
|Revenue TTM||$14.3 billion|
|Operating margin TTM||15.1%|
|Gross profit TTM||$4.2 billion|
|Return on assets TTM||12.11%|
|Return on equity TTM||0%|
|Market capitalisation||$29 billion|
TTM: trailing 12 months
Otis Worldwide share dividends
Dividend payout ratio: 33.11% of net profits
Recently Otis Worldwide has paid out, on average, around 33.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.71% 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 shareholders could enjoy a 1.71% return on their shares, in the form of dividend payments. In Otis Worldwide's case, that would currently equate to about $0.96 per share.
While Otis Worldwide's payout ratio might seem fairly standard, it's worth remembering that Otis Worldwide may be investing much of the rest of its net profits in future growth.
Otis Worldwide's most recent dividend payout was on 9 June 2022. The latest dividend was paid out to all shareholders who bought their shares by 18 May 2022 (the "ex-dividend date").
Otis Worldwide share price volatility
Over the last 12 months, Otis Worldwide's shares have ranged in value from as little as $66.97 up to $91.9272. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Otis Worldwide's is 0.7047. This would suggest that Otis Worldwide's shares are less volatile than average (for this exchange).
Otis Worldwide overview
Otis Worldwide Corporation manufactures, installs, and services 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. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut. .
Otis Worldwide in the news
GE chief executive Larry Culp adds a new job as CEO of GE Aviation
GE Makes Leadership Changes In Aviation Unit: All You Need To Know
Otis Appoints Anurag Maheshwari Executive Vice President & Chief Financial Officer
Frequently asked questionsWhat percentage of Otis Worldwide is owned by insiders or institutions?
Currently 0.052% of Otis Worldwide shares are held by insiders and 86.153% by institutions. How many people work for Otis Worldwide?
Latest data suggests 70,000 work at Otis Worldwide. When does the fiscal year end for Otis Worldwide?
Otis Worldwide's fiscal year ends in December. Where is Otis Worldwide based?
Otis Worldwide's address is: One Carrier Place, Farmington, CT, United States, 06032 What is Otis Worldwide's ISIN number?
Otis Worldwide's international securities identification number is: US68902V1070 What is Otis Worldwide's CUSIP number?
Otis Worldwide's Committee on Uniform Securities Identification Procedures number is: 68902V107
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