Otis Worldwide 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 71,000 staff and has a trailing 12-month revenue of around $14.3 billion.
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
| Latest market close | $98.38 |
|---|---|
| 52-week range | $72.46 - $100.84 |
| 50-day moving average | $97.36 |
| 200-day moving average | $91.74 |
| Wall St. target price | $98.95 |
| PE ratio | 28.2457 |
| Dividend yield | $1.36 (1.6%) |
| Earnings per share (TTM) | $3.46 |
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.
Historical closes compared with the close of $98.38 from 2024-07-23
| 1 week (2024-07-17) | -0.56% |
|---|---|
| 1 month (2024-06-24) | 1.56% |
| 3 months (2024-04-24) | 5.37% |
| 6 months (2024-01-24) | 11.78% |
| 1 year (2023-07-24) | 12.78% |
|---|---|
| 2 years (2022-07-22) | 36.83% |
| 3 years (2021-07-23) | 11.43% |
| 5 years (2019-07-20) | N/A |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Otis Worldwide shares trade at around 28x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Otis Worldwide's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.6862. 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 (earnings before interest, taxes, depreciation and amortisation) is $2.5 billion.
The EBITDA is a measure of a Otis Worldwide's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $14.3 billion |
|---|---|
| Operating margin TTM | 16.82% |
| Gross profit TTM | $3.9 billion |
| Return on assets TTM | 14.69% |
| Return on equity TTM | 0% |
| Profit margin | 9.99% |
| Book value | $-12.43 |
| Market Capitalization | $39.5 billion |
TTM: trailing 12 months
Dividend payout ratio: 38.95% of net profits
Recently Otis Worldwide has paid out, on average, around 38.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.6% 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 1.6% return on their shares, in the form of dividend payments. In Otis Worldwide's case, that would currently equate to about $1.36 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 6 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 15 May 2024 (the "ex-dividend date").
Over the last 12 months, Otis Worldwide's shares have ranged in value from as little as $72.4568 up to $100.84. 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 0.929. This would suggest that Otis Worldwide's shares are less volatile than average (for this exchange).
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.
Trade commission-free stocks and ETFs with Opto, and stay ahead by spotting emerging trends through thematic investing.
Check out our picks of the best paper trading platforms to practice trading and investing with fake money.
Spot Ethereum ETFs might soon be approved. Here’s how to invest if and when they become available to trade.
Check out our picks for the brokers with the best cash sweep rates on uninvested cash.
These are the best day trading platforms, according to Finder’s comprehensive analysis.
Explore the best bonuses for opening a new brokerage account.
Looking for a discount broker like Webull that offers something different? Here are some of the top alternatives to consider.
Check out our picks of the best brokerage accounts for beginners, micro-investing, crypto trading and more.
What you need to know about investing in the leading indicator for the overall US stock market.
Check out our 7 ideas for how to invest $10K to maximize your money.