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How to buy Otis Worldwide stock (OTIS)

Buy Otis Worldwide stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Otis Worldwide is a specialty industrial machinery business based in the US. Otis Worldwide shares (OTIS) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $99.10 – a decrease of 0.93% over the previous week. Otis Worldwide employs 71,000 staff and has a trailing 12-month revenue of around $14.2 billion.

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Otis Worldwide stock price (NYSE: OTIS)

Use our graph to track the performance of OTIS stocks over time.

Otis Worldwide shares at a glance

Information last updated 2024-11-15.
Latest market close$99.10
52-week range$82.34 - $105.91
50-day moving average $100.11
200-day moving average $96.65
Wall St. target price$101.54
PE ratio 24.806
Dividend yield $1.46 (1.56%)
Earnings per share (TTM) $4.02

Is it a good time to buy Otis Worldwide stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Otis Worldwide price performance over time

Historical closes compared with the close of $99.72 from 2024-11-14

1 week (2024-11-08) -0.31%
1 month (2024-10-16) -5.15%
3 months (2024-08-16) 8.25%
6 months (2024-05-16) 3.27%
1 year (2023-11-16) 18.83%
2 years (2022-11-16) 31.75%
3 years (2021-11-16) 23.87%
5 years (2019-11-13) N/A

Is Otis Worldwide stock undervalued or overvalued?

Valuing Otis Worldwide stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Otis Worldwide's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Otis Worldwide's P/E ratio

Otis Worldwide's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Otis Worldwide shares trade at around 25x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Otis Worldwide's PEG ratio

Otis Worldwide's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.6596. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Otis Worldwide's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Otis Worldwide's EBITDA

Otis Worldwide's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.5 billion.

The EBITDA is a measure of a Otis Worldwide's overall financial performance and is widely used to measure a its profitability.

Otis Worldwide financials

Revenue TTM $14.2 billion
Operating margin TTM 16.8%
Gross profit TTM $3.9 billion
Return on assets TTM 14.08%
Return on equity TTM 0%
Profit margin 11.48%
Book value $-12.27
Market Capitalization $39.8 billion

TTM: trailing 12 months

Otis Worldwide share dividends

40%

Dividend payout ratio: 40.05% of net profits

Recently Otis Worldwide has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Otis Worldwide shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Otis Worldwide's case, that would currently equate to about $1.46 per share.

While Otis Worldwide's payout ratio might seem fairly standard, it's worth remembering that Otis Worldwide may be investing much of the rest of its net profits in future growth.

Otis Worldwide's most recent dividend payout was on 5 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 November 2024 (the "ex-dividend date").

Otis Worldwide share price volatility

Over the last 12 months, Otis Worldwide's shares have ranged in value from as little as $82.3421 up to $105.9141. A popular way to gauge a stock's volatility is its "beta".

OTIS.US volatility(beta: 0.94)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Otis Worldwide's is 0.942. This would suggest that Otis Worldwide's shares are less volatile than average (for this exchange).

Otis Worldwide overview

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.

Frequently asked questions

What percentage of Otis Worldwide is owned by insiders or institutions?
Currently 0.119% of Otis Worldwide shares are held by insiders and 93.147% by institutions.
How many people work for Otis Worldwide?
Latest data suggests 71,000 work at Otis Worldwide.
When does the fiscal year end for Otis Worldwide?
Otis Worldwide's fiscal year ends in December.
Where is Otis Worldwide based?
Otis Worldwide's address is: One Carrier Place, Farmington, CT, United States, 06032
What is Otis Worldwide's ISIN number?
Otis Worldwide's international securities identification number is: US68902V1070
What is Otis Worldwide's CUSIP number?
Otis Worldwide's Committee on Uniform Securities Identification Procedures number is: 68902V107

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