Otis Worldwide (OTIS)
(Delayed Data from NYSE)
$94.69 USD
+0.86 (0.92%)
Updated Aug 30, 2024 04:00 PM ET
After-Market: $93.09 -1.60 (-1.69%) 7:58 PM ET
3-Hold of 5 3
C Value C Growth C Momentum C VGM
Company Summary
Incorporated on Mar 1, 2019, Otis Worldwide Corporation is one of the leading elevator and escalator manufacturing, installation and service companies. Otis has expanded business in more than 200 countries and territories across the world. Also, it has global scale and local focus with more than 1,400 branches and offices, and a direct physical presence in approximately 80 countries.
On Apr 3, 2020, United Technologies Corp. (now renamed as Raytheon Technologies Corporation) completed the tax-free spin-off of Otis Worldwide Corp and Carrier Global Corp.
Otis currently operates in two reporting segments — New ...
Company Summary
Incorporated on Mar 1, 2019, Otis Worldwide Corporation is one of the leading elevator and escalator manufacturing, installation and service companies. Otis has expanded business in more than 200 countries and territories across the world. Also, it has global scale and local focus with more than 1,400 branches and offices, and a direct physical presence in approximately 80 countries.
On Apr 3, 2020, United Technologies Corp. (now renamed as Raytheon Technologies Corporation) completed the tax-free spin-off of Otis Worldwide Corp and Carrier Global Corp.
Otis currently operates in two reporting segments — New Equipment and Service.
Through the New Equipment segment (accounting for 40.9% of 2023 revenues), Otis designs, manufactures, sells and installs a wide range of passenger and freight elevators as well as escalators and moving walkways for residential, commercial and infrastructure projects. The company has developed a range of elevator and escalator solutions, including Gen360 elevator and Gen2 system.
Through the Service segment (59.1%), it performs maintenance and repair as well as modernization services to upgrade elevators, and escalators. The company has a maintenance portfolio of more than 2 million units throughout the globe. Along with its own products, Otis provides maintenance services to other manufacturers. Service-related customers primarily comprise building owners, facility managers, housing associations and government agencies that operate buildings where elevators as well as escalators are installed.
General Information
Otis Worldwide Corporation
ONE CARRIER PLACE
FARMINGTON, CT 06032
Phone: 860-674-3000
Fax: NA
Web: http://www.otis.com
Email: investorrelations@otis.com
Industry | Building Products - Miscellaneous |
Sector | Construction |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.97 |
Current Year EPS Consensus Estimate | 3.88 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 93.83 |
52 Week High | 100.84 |
52 Week Low | 73.32 |
Beta | 1.03 |
20 Day Moving Average | 1,791,951.25 |
Target Price Consensus | 99.25 |
4 Week | 0.42 |
12 Week | -4.02 |
YTD | 5.83 |
4 Week | -4.94 |
12 Week | -9.15 |
YTD | -10.63 |
Shares Outstanding (millions) | 400.55 |
Market Capitalization (millions) | 37,928.53 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 1.65% |
Annual Dividend | $1.56 |
Payout Ratio | 0.41 |
Change in Payout Ratio | 0.06 |
Last Dividend Payout / Amount | 8/16/2024 / $0.39 |
Fundamental Ratios
P/E (F1) | 24.41 |
Trailing 12 Months | 25.18 |
PEG Ratio | NA |
vs. Previous Year | 15.22% |
vs. Previous Quarter | 20.45% |
vs. Previous Year | -3.20% |
vs. Previous Quarter | 4.77% |
Price/Book | NA |
Price/Cash Flow | 23.10 |
Price / Sales | 2.67 |
6/30/24 | -31.65 |
3/31/24 | -31.02 |
12/31/23 | -30.75 |
6/30/24 | 15.34 |
3/31/24 | 14.79 |
12/31/23 | 14.51 |
6/30/24 | 0.79 |
3/31/24 | 0.97 |
12/31/23 | 0.99 |
6/30/24 | 0.71 |
3/31/24 | 0.88 |
12/31/23 | 0.89 |
6/30/24 | 10.86 |
3/31/24 | 10.45 |
12/31/23 | 10.34 |
6/30/24 | 10.35 |
3/31/24 | 9.99 |
12/31/23 | 9.90 |
6/30/24 | 14.48 |
3/31/24 | 14.34 |
12/31/23 | 14.29 |
6/30/24 | -12.32 |
3/31/24 | -12.22 |
12/31/23 | -11.97 |
6/30/24 | 16.37 |
3/31/24 | 16.32 |
12/31/23 | 15.91 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |