Analyzing Otis Worldwide Stock Performance

By Chris Stiles • Tuesday, July 29 10:01 • Permanent Link

Large-cap Technology company Otis Worldwide has moved -0.2% so far today on a volume of 220,122, compared to its average of 2,766,155. In contrast, the S&P 500 index moved 0.0%.

Otis Worldwide trades -13.4% away from its average analyst target price of $101.31 per share. The 13 analysts following the stock have set target prices ranging from $90.0 to $134.0, and on average have given Otis Worldwide a rating of hold.

Anyone interested in buying OTIS should be aware of the facts below:

Otis Worldwide has moved -6.3% over the last year, and the S&P 500 logged a change of 17.5%
Based on its trailing earnings per share of 3.78, Otis Worldwide has a trailing 12 month Price to Earnings (P/E) ratio of 23.2 while the S&P 500 average is 29.3
OTIS has a forward P/E ratio of 20.9 based on its forward 12 month price to earnings (EPS) of $4.19 per share
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.
Based in Farmington, the company has 72,000 full time employees and a market cap of $34.43 Billion. Otis Worldwide currently returns an annual dividend yield of 1.8%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.