How to buy Otis Worldwide Corporation stock - 19 April

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How to buy Otis Worldwide Corporation stock

Own Otis Worldwide Corporation stock in just a few minutes.

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 USD0.00.

How to buy shares in Otis Worldwide Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Otis Worldwide Corporation. Find the stock by name or ticker symbol: OTIS. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Otis Worldwide Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Otis Worldwide Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Otis Worldwide Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Otis Worldwide Corporation share price

Use our graph to track the performance of OTIS stocks over time.

Otis Worldwide Corporation shares at a glance

Information last updated 2021-04-15.
52-week rangeUSD$43.92 - USD$71.24
50-day moving average USD$67.50
200-day moving average USD$65.38
Wall St. target priceUSD$75.22
PE ratio 38.719
Dividend yield USD$0.8 (1.12%)
Earnings per share (TTM) N/A

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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 Corporation 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.

Is Otis Worldwide Corporation under- or over-valued?

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 P/E ratio

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 39x. In other words, Otis Worldwide Corporation shares trade at around 39x 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 PEG ratio

Otis Worldwide Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 11.9179. 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

Otis Worldwide Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.1 billion.

The EBITDA is a measure of a Otis Worldwide Corporation's overall financial performance and is widely used to measure a its profitability.

Otis Worldwide Corporation financials

Revenue TTM USD$12.8 billion
Operating margin TTM 14.62%
Gross profit TTM USD$3.8 billion
Return on assets TTM 11.43%
Return on equity TTM 0%
Profit margin 7.1%
Book value N/A
Market capitalisation USD$30.3 billion

TTM: trailing 12 months

Shorting Otis Worldwide Corporation shares

There are currently 7.3 million Otis Worldwide Corporation shares held short by investors – that's known as Otis Worldwide Corporation's "short interest". This figure is 22.2% up 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)

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 2.2 million). Otis Worldwide Corporation's SIR currently stands at 3.26. In other words for every 100,000 Otis Worldwide Corporation shares traded daily on the market, roughly 3260 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 0.02% of the outstanding shares (for every 100,000 Otis Worldwide Corporation shares in existence, roughly 20 shares are currently held short) or 0.017% of the tradable shares (for every 100,000 tradable Otis Worldwide Corporation shares, roughly 17 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.

Otis Worldwide Corporation share dividends

35%

Dividend payout ratio: 34.93% of net profits

Recently Otis Worldwide Corporation has paid out, on average, around 34.93% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.12% 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 1.12% return on their shares, in the form of dividend payments. In Otis Worldwide Corporation's case, that would currently equate to about $0.8 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 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 10 February 2021 (the "ex-dividend date").

Otis Worldwide Corporation overview

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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