Large-cap Technology company Otis Worldwide has logged a -0.8% change today on a trading volume of 1,324,745. The average volume for the stock is 1,926,593.
Otis Worldwide Corporation engages in the manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. Based in Farmington, United States the company has 69,000 full time employees and a market cap of $36,798,525,440. Otis Worldwide currently offers its equity investors a dividend that yields 1.4% per year.
The company is now trading 0.52% away from its average analyst target price of $89.45 per share. The 11 analysts following the stock have set target prices ranging from $77.0 to $100.0, and on average give Otis Worldwide a rating of buy.
Over the last 52 weeks, OTIS stock has risen 15.4%, which amounts to a -7.2% difference compared to the S&P 500. The stock's 52 week high is $91.33 whereas its 52 week low is $73.32 per share. Based on Otis Worldwide's average net margin growth of 2.6% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2023 | 14,028,000 | 1,472,000 | 10 | 0.0 |
2022 | 13,685,000 | 1,369,000 | 10 | 0.0 |
2021 | 14,298,000 | 1,420,000 | 10 | 25.0 |
2020 | 12,756,000 | 1,056,000 | 8 | -20.0 |
2019 | 13,118,000 | 1,267,000 | 10 | 11.11 |
2018 | 12,915,000 | 1,210,000 | 9 |