Otis Worldwide logged a -3.9% change during today's afternoon session, and is now trading at a price of $93.66 per share. The S&P 500 index moved -0.0%. OTIS's trading volume is 2,421,619 compared to the stock's average volume of 1,903,809.
Otis Worldwide trades -5.38% away from its average analyst target price of $98.99 per share. The 11 analysts following the stock have set target prices ranging from $82.0 to $110.0, and on average have given Otis Worldwide a rating of buy.
If you are considering an investment in OTIS, you'll want to know the following:
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Otis Worldwide has moved 19.0% over the last year, and the S&P 500 logged a change of 25.0%
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Based on its trailing earnings per share of 3.39, Otis Worldwide has a trailing 12 month Price to Earnings (P/E) ratio of 27.6 while the S&P 500 average is 15.97
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OTIS has a forward P/E ratio of 22.0 based on its forward 12 month price to earnings (EPS) of $4.26 per share
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The company has a price to earnings growth (PEG) ratio of 2.48 — a number near or below 1 signifying that Otis Worldwide is fairly valued compared to its estimated growth potential
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Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.
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Based in Farmington, the company has 71,000 full time employees and a market cap of $37.86 Billion. Otis Worldwide currently returns an annual dividend yield of 1.3%.