Otis Worldwide Corporation (OTIS)

Market Cap	39.82B
Revenue (ttm)	14.21B
Net Income (ttm)	1.63B
Shares Out	399.46M
EPS (ttm)	4.02
PE Ratio	24.82
Forward PE	24.72
Dividend	$1.56 (1.57%)
Ex-Dividend Date	Nov 15, 2024

Volume	1,470,022
Open	100.47
Previous Close	100.28
Day's Range	98.73 - 100.68
52-Week Range	83.99 - 106.33
Beta	0.94
Analysts	Hold
Price Target	105.83 (+6.16%)
Earnings Date	Oct 30, 2024

About OTIS

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 produ...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• Founded: 1853
• Employees: 71,000
• Stock Exchange: NYSE
• Ticker Symbol: OTIS
• Website: https://www.otis.com

Financial Performance

In 2023, Otis Worldwide's revenue was $14.21 billion, an increase of 3.83% compared to the previous year's $13.69 billion. Earnings were $1.41 billion, an increase of 12.21%.

Analyst Forecast

According to 8 analysts, the average rating for OTIS stock is "Hold." The 12-month stock price forecast is $105.83, which is an increase of 6.16% from the latest price.

Price Target

$105.83

(6.16% upside)

Analyst Consensus: Hold