Otis Worldwide has moved 0.4% so far today on a volume of 287,523, compared to its average of 2,183,641. In contrast, the S&P 500 index moved -0.1%.
Over the last 52 weeks, the stock moved -4.5%, with a high of $88.22 and a low of $62.49. During this time, the stock underperformed the S&P 500 index by 11.1%.Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The large-cap Industrials company has 68,000 full time employees and is based in Farmington, CT. Otis Worldwide has returned a 1.3% dividend yield over the last 12 months.
Snapshot of the Company's Consistent gross margins and A steady stream of strong cash flows:
| 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | |
|---|---|---|---|---|
| Revenue | $12,915,000,000 | $13,118,000,000 | $12,756,000,000 | $14,298,000,000 |
| Revenue Growth | n/a | 1.6% | -2.8% | 12.1% |
| Gross Margins | 28.85% | 29.17% | 29.63% | 29.33% |
| Gross Margins Growth | n/a | 1.11% | 1.58% | -1.01% |
| Operating Margins | 14.91% | 14.89% | 14.73% | 15.03% |
| Operating Margins Growth | n/a | -0.13% | -1.07% | 2.04% |
| Earnings Per Share | $2.42 | $2.55 | $2.08 | $2.89 |
| EPS Growth | n/a | 5.37% | -18.43% | 38.94% |
| Free Cash Flow | $1,378,000,000 | $1,324,000,000 | $1,297,000,000 | $1,594,000,000 |
| FCF Growth | n/a | -3.92% | -2.04% | 22.9% |
| LT Debt to Equity | 0.0 | 0.0 | -1.36 | -2.0 |
Basic Valuation Metrics Show Otis worldwide Is Fairly valued:
Compared to the Industrials sector's average of 21.46, Otis Worldwide has a trailing twelve month price to earnings (P/E) ratio of 27.2 and, based on its Eps guidance of 3.42, an expected P/E ratio of 23.1. The firm's price to earnings growth (PEG) is 3.54, which indicates that it is overvalued in terms of its expected rate of earnings growth. .
There is Mixed market sentiment About Otis Worldwide:
12 analysts are following Otis Worldwide and have set target prices ranging from $65 to $90 per share. On average, they have given the company a rating of hold. At today's prices, OTIS is trading 1.17% away from its average analyst target price of $78 per share, implying an analyst consensus of little upside potential for the stock. The company has a very low short interest since 1.4% of the company's shares are tied to short positions. Institutions own 87.7% of Otis Worldwide's shares, while the insider ownership rate stands at 0.05%. The biggest shareholder is Vanguard Group, Inc. (The) with a 9.53% stake in the company worth approximately $3,131,508,705.00.
