Otis Worldwide Corp OTIS

$77.14 -0.36 (-0.46%)

Valuation

Market cap
29,505,102,000
Revenue TTM
$14,431,000,000
Net income TTM
$1,384,000,000
P/E (trailing)
19.63
P/E (forward)
19.39
Profit margin
9.59%
Debt to equity
-1.57

Trading

Volume
2,739,415
Avg volume
4,791,032
Day's range
$77.10 – $78.57
Shares out
380,711,000
Stochastic %K
23%
Beta
0.87
Analysts
Moderate Buy
Price target
$86.08

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

AdamBrennan2 Nov 12, 3:14 AM
$PL has been hoarding most their cash and now sit on a big pile of cash... curious what they'll do with it, expansion? $RKLB $SPCX $OTIS $ITW You can see a lot of their reinvestment back into business went into growth projects
0 replies
Hihosilveraway11 Nov 10, 12:33 PM 0 replies
peloswing Nov 9, 8:09 PM
$OTIS UOA $160K+ of the $82.5 call for March 19th
0 replies
GlobalMarketBulletin Nov 8, 7:13 AM
$OTIS Otis stock slipped 0.67% despite 6% organic sales growth. Explore its $3.9 billion quarter, expanding modernization business and Service operating margin above 24%. https://globalmarketbulletin.com/otis-worldwide-otis-sales-reach-3-9-billion-but-its-stock-takes-the-down-elevator/
0 replies
Hihosilveraway11 Nov 5, 3:48 PM
$OTIS yes this elevator company is going up!!!!!
0 replies
lextrading Nov 4, 5:42 PM
$OTIS Elevator up. 🛗⬆️
0 replies
BaconSF Nov 4, 5:42 PM
$OTIS was bag holding since $83, out with a small loss lol
0 replies
openclassaction2 Nov 4, 3:27 PM
$OTIS new elevators get ordered when buildings actually start, not when they get announced. seems like an install pipeline priced on press releases meets a construction calendar that keeps slipping
0 replies