Otis Worldwide Corp OTIS

$64.05 -0.43 (-0.67%)

Valuation

Market cap
24,545,540,000
Revenue TTM
$14,431,000,000
Net income TTM
$1,384,000,000
PE ratio
16.16
Forward PE
15.97
Profit margin
9.59%
Debt to equity
-1.52

Trading

Volume
6,162,600
Avg volume
3,987,726
Day's range
$63.58 – $64.99
Shares out
380,669,000
Stochastic %K
9%
Beta
0.87
Analysts
Sell
Price target
$84.54

Price

Company profile

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings,...

Show more

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.

Industry
Specialty Industrial Machinery
Sector
Industrials
Phone
860 674 3000
Website
https://www.otis.com
Address
One Carrier Place, Farmington, United States

Latest news

Stocktwits

Stocktwits52wLows Oct 2, 7:00 PM
$OTIS printed a new 52-week low today
0 replies
Khalident Sep 30, 6:09 PM
$OTIS it’s 4 years low.. Dead money
0 replies
JasonCO50BPS Sep 30, 6:07 PM
$OTIS dust
0 replies
Stocktwits52wLows Sep 30, 4:30 PM
$OTIS printed a new 52-week low today
0 replies
BullYa Sep 29, 7:25 PM
$OTIS cheap but it’s a value trap 🪤📉
0 replies
FinanceCorp Sep 29, 2:38 PM
$OTIS there’s gotta be some type of value move in the market otherwise this one’s gonna continue to bleed. They’re chasing growth man. They can bring this one down and market cap a pretty good amount, just take a look at the multiple, they still have a ways to go. It could be a Vali trap at these levels. Sometimes companies like this in this market take years for recovery, they take so much value out of it and it takes a really really strong growth report in order for it too bounce and bounce strong staying long-term on it though, so many companies are trading higher than pre-Covid levels and then you got companies like this that are not, almost like they didn’t grow at all. I’m sorry but companies grow in times of inflation, it’s just the way it is. Business owners love inflation until it starts affecting their customer base
0 replies
Hihosilveraway11 Sep 28, 7:36 PM
$OTIS good time to add. There will always be a need for elevators and they need inspecting annually!
0 replies
FinanceCorp Sep 26, 9:47 PM
$OTIS same thing happened in 99, they let go of aging companies to go after the new tech that just hit the market. Not all  succeeded but the new company were company such as Apple Microsoft etc. basically the future
1 replies