Summary
96.79 0.23(0.23%)05/17/2024
Otis Worldwide Corp (OTIS)
Otis Worldwide Corp (OTIS)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.85 | 2.96 | -4.20 | 2.33 | 17.56 | 9.49 | 0.00 | 113.55 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 93.90 | |
| Open | 93.66 | |
| High | 94.21 | |
| Low | 93.26 | |
| Volume | 1,226,121 | |
| Change | 0.79 | |
| Change % | 0.85 | |
| Avg Volume (20 Days) | 1,696,460 | |
| Volume/Avg Volume (20 Days) Ratio | 0.72 | |
| 52 Week Range | 73.32 - 100.35 | |
| Price vs 52 Week High | -6.43% | |
| Price vs 52 Week Low | 28.07% | |
| Range | 0.26 | |
| Gap Up/Down | 0.54 | |
Fundamentals | ||
| Market Capitalization (Mln) | 39,064 | |
| EBIDTA | 2,380,999,936 | |
| PE Ratio | 30.3001 | |
| PEG Ratio | 2.6861 | |
| WallStreet Target Price | 93.64 | |
| Book Value | 0.0000 | |
| Earnings Per Share | 2.7990 | |
| EPS Estimate Current Quarter | 0.7300 | |
| EPS Estimate Next Quarter | 0.7200 | |
| EPS Estimate Current Year | 2.9800 | |
| EPS Estimate Next Year | 3.2900 | |
| Diluted EPS (TTM) | 2.7990 | |
| Revenues | ||
| Profit Marging | 0.0855 | |
| Operating Marging (TTM) | 0.1531 | |
| Return on asset (TTM) | 0.1300 | |
| Return on equity (TTM) | 0.0000 | |
| Revenue TTM | 14,222,000,128 | |
| Revenue per share TTM | 33.0940 | |
| Quarterly Revenue Growth (YOY) | 0.1080 | |
| Quarterly Earnings Growth (YOY) | 0.2620 | |
| Gross Profit (TTM) | 3,779,000,000 | |
| Dividends | ||
| Dividend Share | 0.8800 | |
| Dividend Yield | 0.0103 | |
| Valuations | ||
| Trailing PE | 30.3001 | |
| Forward PE | 26.3158 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 13.1987 | |
| Revenue Enterprise Value | 2.8738 | |
| EBITDA Enterprise Value | 18.1247 | |
| Shares | ||
| Shares Outstanding | 424,768,992 | |
| Shares Float | 424,492,865 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.05 | |
| Institutions (%) | 85.58 | |
05/07 11:30 EST - prnewswire.com
Students Innovate to Improve Access to Urban Green Space
Schools earn grants as part of Made to Move Communities™ Global Student Challenge, sponsored by Otis FARMINGTON, Conn. , May 7, 2024 /PRNewswire/ -- Four student teams from around the world are regional winners in Otis' Made to Move Communities student challenge.
Students Innovate to Improve Access to Urban Green Space
Schools earn grants as part of Made to Move Communities™ Global Student Challenge, sponsored by Otis FARMINGTON, Conn. , May 7, 2024 /PRNewswire/ -- Four student teams from around the world are regional winners in Otis' Made to Move Communities student challenge.
04/29 12:26 EST - zacks.com
A Dive into Otis Worldwide (OTIS) International Revenue Trends and Forecasts
Examine Otis Worldwide's (OTIS) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
A Dive into Otis Worldwide (OTIS) International Revenue Trends and Forecasts
Examine Otis Worldwide's (OTIS) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
04/24 14:45 EST - zacks.com
OTIS Q1 Earnings Beat, Organic Sales Up, '24 View Raised
OTIS' first-quarter 2024 results reflect growth in organic sales, thanks to solid improvement trends in Service, accompanied by enhanced operational performance. This was partially offset by soft contributions from New Equipment.
OTIS Q1 Earnings Beat, Organic Sales Up, '24 View Raised
OTIS' first-quarter 2024 results reflect growth in organic sales, thanks to solid improvement trends in Service, accompanied by enhanced operational performance. This was partially offset by soft contributions from New Equipment.
04/24 11:25 EST - seekingalpha.com
Otis Worldwide Corporation (OTIS) Q1 2024 Earnings Call Transcript
Otis Worldwide Corporation (NYSE:OTIS ) Q1 2024 Earnings Conference Call April 24, 2024 8:30 AM ET Company Participants Michael Rednor - Senior Director, IR Judy Marks - Chair, CEO and President Anurag Maheshwari - EVP and CFO Conference Call Participants Rob Wertheimer - Melius Research Julian Mitchell - Barclays Nigel Coe - Wolfe Research Steve Tusa - JPMorgan Joseph O'Dea - Wells Fargo Nick Housden - RBC Capital Markets Miguel Borrega - Exane BNP Paribas Gautam Khanna - TD Cowen Operator Good morning and welcome to Otis' First Quarter 2024 Earnings Conference Call. This call is being carried live on the internet and recorded for replay.
Otis Worldwide Corporation (OTIS) Q1 2024 Earnings Call Transcript
Otis Worldwide Corporation (NYSE:OTIS ) Q1 2024 Earnings Conference Call April 24, 2024 8:30 AM ET Company Participants Michael Rednor - Senior Director, IR Judy Marks - Chair, CEO and President Anurag Maheshwari - EVP and CFO Conference Call Participants Rob Wertheimer - Melius Research Julian Mitchell - Barclays Nigel Coe - Wolfe Research Steve Tusa - JPMorgan Joseph O'Dea - Wells Fargo Nick Housden - RBC Capital Markets Miguel Borrega - Exane BNP Paribas Gautam Khanna - TD Cowen Operator Good morning and welcome to Otis' First Quarter 2024 Earnings Conference Call. This call is being carried live on the internet and recorded for replay.
04/24 10:36 EST - zacks.com
Otis Worldwide (OTIS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Otis Worldwide (OTIS) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Otis Worldwide (OTIS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Otis Worldwide (OTIS) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
04/24 08:16 EST - zacks.com
Otis Worldwide (OTIS) Beats Q1 Earnings Estimates
Otis Worldwide (OTIS) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.80 per share a year ago.
Otis Worldwide (OTIS) Beats Q1 Earnings Estimates
Otis Worldwide (OTIS) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.80 per share a year ago.
04/24 08:03 EST - investorplace.com
A Repeat of 2022? 7 Defensive Stocks to Buy Before the Correction.
Are we headed for a repeat of 2022's brutal selloff? While no one can predict the future with certainty, current market trends are raising some ominous red flags.
A Repeat of 2022? 7 Defensive Stocks to Buy Before the Correction.
Are we headed for a repeat of 2022's brutal selloff? While no one can predict the future with certainty, current market trends are raising some ominous red flags.
04/24 06:04 EST - prnewswire.com
OTIS REPORTS FIRST QUARTER 2024 RESULTS
Otis continues to deliver mid-single digit organic Service growth and strong margin expansion 1Q Net sales up 2.7% and organic sales up 3.8% driven by Service net sales up 5.8% with organic sales up 6.5% 1Q GAAP EPS up 8.9% and adjusted EPS up 10.0% with GAAP operating profit margin expansion of 50 basis points and adjusted operating profit margin expansion of 80 basis points 1Q New Equipment orders down 10%, backlog down 2%, ~flat at constant currency 1Q Mod orders up 13%, backlog up 14%, up 15% at constant currency Maintenance portfolio units increased 4.1% 1Q GAAP cash flow from operations of $171 million; adjusted free cash flow of $155 million 1Q share repurchases of $300 million Updated full-year outlook1; increasing adjusted EPS to $3.83 to $3.90 and full year share repurchase target to $1 billion FARMINGTON, Conn. , April 24, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2024 net sales of $3.4 billion with 3.8% organic growth.
OTIS REPORTS FIRST QUARTER 2024 RESULTS
Otis continues to deliver mid-single digit organic Service growth and strong margin expansion 1Q Net sales up 2.7% and organic sales up 3.8% driven by Service net sales up 5.8% with organic sales up 6.5% 1Q GAAP EPS up 8.9% and adjusted EPS up 10.0% with GAAP operating profit margin expansion of 50 basis points and adjusted operating profit margin expansion of 80 basis points 1Q New Equipment orders down 10%, backlog down 2%, ~flat at constant currency 1Q Mod orders up 13%, backlog up 14%, up 15% at constant currency Maintenance portfolio units increased 4.1% 1Q GAAP cash flow from operations of $171 million; adjusted free cash flow of $155 million 1Q share repurchases of $300 million Updated full-year outlook1; increasing adjusted EPS to $3.83 to $3.90 and full year share repurchase target to $1 billion FARMINGTON, Conn. , April 24, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2024 net sales of $3.4 billion with 3.8% organic growth.
04/23 16:15 EST - prnewswire.com
Otis Announces 14.7 Percent Increase in Quarterly Dividend to $0.39 per Share
FARMINGTON, Conn. , April 23, 2024 /PRNewswire/ --Â The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock, representing a 14.7% increase.
Otis Announces 14.7 Percent Increase in Quarterly Dividend to $0.39 per Share
FARMINGTON, Conn. , April 23, 2024 /PRNewswire/ --Â The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock, representing a 14.7% increase.
04/22 14:01 EST - zacks.com
Otis Worldwide (OTIS) to Post Q1 Earnings: Factors to Note
Otis Worldwide's (OTIS) first-quarter 2024 performance is likely to have benefited from strong volume and favorable pricing. Yet, currency fluctuations are a concern.
Otis Worldwide (OTIS) to Post Q1 Earnings: Factors to Note
Otis Worldwide's (OTIS) first-quarter 2024 performance is likely to have benefited from strong volume and favorable pricing. Yet, currency fluctuations are a concern.
04/22 07:02 EST - prnewswire.com
Science Based Targets initiative Approves Otis Targets for Reducing Greenhouse Gas Emissions
FARMINGTON, Conn. , April 22, 2024 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, announced that the Science Based Targets initiative (SBTi) has approved its near-term science-based greenhouse gas (GHG) emissions reduction targets.
Science Based Targets initiative Approves Otis Targets for Reducing Greenhouse Gas Emissions
FARMINGTON, Conn. , April 22, 2024 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, announced that the Science Based Targets initiative (SBTi) has approved its near-term science-based greenhouse gas (GHG) emissions reduction targets.
04/19 10:46 EST - zacks.com
Here's Why Otis Worldwide (OTIS) is a Strong Growth Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Here's Why Otis Worldwide (OTIS) is a Strong Growth Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
04/19 10:20 EST - zacks.com
Gear Up for Otis Worldwide (OTIS) Q1 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Otis Worldwide (OTIS) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Gear Up for Otis Worldwide (OTIS) Q1 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Otis Worldwide (OTIS) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
04/10 07:00 EST - prnewswire.com
Otis First Quarter 2024 Earnings Advisory
FARMINGTON, Conn. , April 10, 2024 /PRNewswire/ --Â Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 24, 2024, at 8:30 a.m.
Otis First Quarter 2024 Earnings Advisory
FARMINGTON, Conn. , April 10, 2024 /PRNewswire/ --Â Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 24, 2024, at 8:30 a.m.
03/25 10:56 EST - zacks.com
Why Otis Worldwide (OTIS) is a Top Momentum Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Why Otis Worldwide (OTIS) is a Top Momentum Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
03/21 12:11 EST - zacks.com
Here's Why Investors Must Hold Otis Worldwide (OTIS) Stock Now
Otis Worldwide (OTIS) is benefiting from strategic investment initiatives as well as growing orders and backlog trends. However, high costs and expenses are hurting prospects.
Here's Why Investors Must Hold Otis Worldwide (OTIS) Stock Now
Otis Worldwide (OTIS) is benefiting from strategic investment initiatives as well as growing orders and backlog trends. However, high costs and expenses are hurting prospects.
03/18 10:51 EST - zacks.com
Why Otis Worldwide (OTIS) is a Top Growth Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Why Otis Worldwide (OTIS) is a Top Growth Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
03/07 11:57 EST - investorplace.com
The Top 3 Construction Stocks to Buy in March 2024
Higher interest rates were supposed to crush the housing market. However, despite mortgage rates remaining elevated, there isn't much sign of a serious slowdown in the housing sector.
The Top 3 Construction Stocks to Buy in March 2024
Higher interest rates were supposed to crush the housing market. However, despite mortgage rates remaining elevated, there isn't much sign of a serious slowdown in the housing sector.
03/07 09:44 EST - seekingalpha.com
Otis Worldwide: A Compelling Service Segment
A company with strong underlying growth drivers, driven by an extensive portfolio of elevator units that could drive multiple expansion in the years ahead. A dominant player maintaining elevators in some of the most prestigious sites across the globe. A dividend yield of 1.44% with a payout ratio of 38%, leaves exciting room for more distribution in earnings to shareholders.
Otis Worldwide: A Compelling Service Segment
A company with strong underlying growth drivers, driven by an extensive portfolio of elevator units that could drive multiple expansion in the years ahead. A dominant player maintaining elevators in some of the most prestigious sites across the globe. A dividend yield of 1.44% with a payout ratio of 38%, leaves exciting room for more distribution in earnings to shareholders.