OTIS

Otis Worldwide Corporation [OTIS] Stock Forecast

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In the News

10:56 29 Mar 2024 OTIS

Why Otis Worldwide (OTIS) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

12:11 29 Mar 2024 OTIS

Here's Why Investors Must Hold Otis Worldwide (OTIS) Stock Now

Otis Worldwide (OTIS) is benefiting from strategic investment initiatives as well as growing orders and backlog trends. However, high costs and expenses are hurting prospects.

10:51 29 Mar 2024 OTIS

Why Otis Worldwide (OTIS) is a Top Growth Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

11:57 29 Mar 2024 OTIS

The Top 3 Construction Stocks to Buy in March 2024

Higher interest rates were supposed to crush the housing market. However, despite mortgage rates remaining elevated, there isn't much sign of a serious slowdown in the housing sector.

08:56 29 Mar 2024 OTIS

OTIS Secures Major Modernization Contract for Burj Khalifa

OTIS elevates Burj Khalifa with cutting-edge modernization with the latest contract.

01:57 29 Mar 2024 OTIS

Double Down: 3 Overlooked Stocks Ready to Revamp Your Returns

When we talk about stocks that have been overlooked, it usually means that they haven't been receiving a lot of buzz. It could also mean these stocks have underperformed their peers or the benchmark S&P 500, and likely have some catching up to do.

06:38 29 Mar 2024 OTIS

This Defense and Aerospace Stalwart Has Stumbled But Don't Count it Out

RTX is financially sound and prepared to deal with the fallout from its Pratt and Whitney defects. Earnings growth could accelerate in the coming years.

10:16 29 Mar 2024 OTIS

Otis Worldwide Corporation (OTIS) Soars to 52-Week High, Time to Cash Out?

Otis Worldwide (OTIS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

01:46 29 Mar 2024 OTIS

3 Reasons Growth Investors Will Love Otis Worldwide (OTIS)

Otis Worldwide (OTIS) could produce exceptional returns because of its solid growth attributes.

01:01 29 Mar 2024 OTIS

Otis Worldwide (OTIS) Upgraded to Buy: Here's What You Should Know

Otis Worldwide (OTIS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

OTIS Financial details

Company Rating
Neutral
Market Cap
40.28B
Income
1.41B
Revenue
14.21B
Book val./share
-12.07
Cash/share
3.12
Dividend
1.31
Dividend %
1.51%
Employees
71K
Optionable
No
Shortable
Yes
Earnings
24 Apr 2024
P/E
25.87
Forward P/E
23.81
PEG
17.52
P/S
2.54
P/B
-7.46
P/C
31.89
P/FCF
26.07
Quick Ratio
0.86
Current Ratio
1
Debt / Equity
-1.48
LT Debt / Equity
-1.52
-
-
EPS (TTM)
3.42
EPS next Y
4.18
EPS next Q
0.87
EPS this Y
14.77%
EPS next Y
22.3%
EPS next 5Y
56.73%
EPS last 5Y
5.8%
Revenue last 5Y
1.61%
Revenue Q/Q
2.75%
EPS Q/Q
-14.13%
-
-
-
-
SMA20
5.32%
SMA50
13.79%
SMA100
28.57%
Inst Own
69.63%
Inst Trans
0.82%
ROA
13%
ROE
-29%
ROC
0.59%
Gross Margin
29%
Oper. Margin
15%
Profit Margin
10%
Payout
38%
Shs Outstand
405.46M
Shs Float
404.59M
-
-
-
-
Target Price
88.5
52W Range
73.32-100.35
52W High
-0.49%
52W Low
+36.32%
RSI
67
Rel Volume
0.35
Avg Volume
2.09M
Volume
736.4K
Perf Week
0.18%
Perf Month
7.91%
Perf Quarter
25.11%
Perf Half Y
22.93%
-
-
-
-
Beta
0.907
-
-
Volatility
0.51%, 2.75%
Prev Close
-0.35%
Price
99.51
Change
0.36%

OTIS Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
30.2929.4533.4332.5834.54
Net income per share
2.582.092.912.983.42
Operating cash flow per share
3.393.424.093.713.95
Free cash flow per share
3.062.993.733.443.62
Cash per share
3.344.113.662.833.1
Book value per share
3.93-8.85-8.48-11.6-11.97
Tangible book value per share
0.44-12.6-11.85-15.71-16.15
Share holders equity per share
3.93-8.85-8.48-11.6-11.97
Interest debt per share
1.3814.8918.1216.5218.13
Market cap
19.6B29.26B37.24B32.89B36.81B
Enterprise value
18.71B33.81B43.28B38.78B42.84B
P/E ratio
17.5632.329.8926.2526.18
Price to sales ratio
1.492.292.62.42.59
POCF ratio
13.3419.7721.2821.0822.62
PFCF ratio
14.822.5623.3622.7624.72
P/B Ratio
11.53-7.64-10.27-6.75-7.48
PTB ratio
11.53-7.64-10.27-6.75-7.48
EV to sales
1.432.653.032.833.02
Enterprise value over EBITDA
918.4818.7317.4418.01
EV to operating cash flow
12.7422.8524.7324.8626.33
EV to free cash flow
14.1326.0727.1526.8428.77
Earnings yield
0.060.030.030.040.04
Free cash flow yield
0.070.040.040.040.04
Debt to equity
0.33-1.65-2.1-1.45-1.48
Debt to assets
0.060.590.620.720.72
Net debt to EBITDA
-0.432.492.622.652.54
Current ratio
1.050.971.320.90.99
Interest coverage
46.5113.4314.74-14.2214.57
Income quality
1.161.41.231.141.09
Dividend Yield
00.010.010.010.01
Payout ratio
00.290.320.370.38
Sales general and administrative to revenue
0.140.15000
Research and developement to revenue
0.010.010.010.010.01
Intangibles to total assets
0.220.210.170.20.19
Capex to operating cash flow
-0.1-0.12-0.09-0.07-0.08
Capex to revenue
-0.01-0.01-0.01-0.01-0.01
Capex to depreciation
-0.81-0.96-0.77-0.6-0.72
Stock based compensation to revenue
00000
Graham number
15.0920.423.5727.930.34
ROIC
0.440.40.350.580.58
Return on tangible assets
0.150.110.120.160.17
Graham Net
-7.13-20.99-24.67-23.74-24.47
Working capital
284M-180M2.01B-700M-79M
Tangible asset value
189M-5.46B-5.07B-6.6B-6.64B
Net current asset value
-1.7B-7.42B-7B-8.34B-8.44B
Invested capital
0.33-1.65-2.1-1.45-1.48
Average receivables
3.38B3.5B3.69B3.9B4.14B
Average payables
1.34B1.39B1.5B1.64B1.8B
Average inventory
604M615M640.5M619.5M614.5M
Days sales outstanding
94.32103.1896.55107.25109.3
Days payables outstanding
52.2859.0856.264.1868.44
Days of inventory on hand
22.4326.7922.4723.0622.3
Receivables turnover
3.873.543.783.43.34
Payables turnover
6.986.186.495.695.33
Inventory turnover
16.2713.6216.2515.8316.37
ROE
0.66-0.24-0.34-0.26-0.29
Capex per share
-0.33-0.42-0.36-0.27-0.34

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
8.278.089.018.588.87
Net income per share
0.710.80.910.920.79
Operating cash flow per share
1.120.671.080.741.46
Free cash flow per share
1.030.610.990.661.36
Cash per share
2.862.72.953.983.12
Book value per share
-11.71-11.72-11.76-11.66-12.07
Tangible book value per share
-15.87-15.85-16.2-15.81-16.28
Share holders equity per share
-11.71-11.72-11.76-11.66-12.07
Interest debt per share
16.9517.217.4618.8418.01
Market cap
32.56B34.97B36.73B32.99B36.5B
Enterprise value
38.46B40.94B42.69B39.06B42.54B
P/E ratio
27.4126.4124.4221.9428.25
Price to sales ratio
9.4710.459.879.3610.08
POCF ratio
70.18125.7882.36107.8161.15
PFCF ratio
75.72138.2189.82121.2965.77
P/B Ratio
-6.69-7.2-7.57-6.89-7.41
PTB ratio
-6.69-7.2-7.57-6.89-7.41
EV to sales
11.1812.2411.4711.0911.75
Enterprise value over EBITDA
71.6173.1167.5463.374.5
EV to operating cash flow
82.88147.2795.71127.6371.25
EV to free cash flow
89.43161.82104.37143.5976.64
Earnings yield
0.010.010.010.010.01
Free cash flow yield
0.010.010.010.010.02
Debt to equity
-1.45-1.46-1.48-1.61-1.48
Debt to assets
0.720.720.710.740.72
Net debt to EBITDA
10.9810.679.429.8310.57
Current ratio
0.90.90.910.99
Interest coverage
-13.6415.5516.5714.6412.73
Income quality
1.460.791.10.771.74
Dividend Yield
00000
Payout ratio
0.40.360.380.370.43
Sales general and administrative to revenue
000.130.130
Research and developement to revenue
0.010.010.010.010.01
Intangibles to total assets
0.20.20.190.180.19
Capex to operating cash flow
-0.07-0.09-0.08-0.11-0.07
Capex to revenue
-0.01-0.01-0.01-0.01-0.01
Capex to depreciation
-0.74-0.53-0.71-0.74-0.88
Stock based compensation to revenue
0.0100.0100
Graham number
13.7214.5215.5215.4914.66
ROIC
0.140.150.170.130.13
Return on tangible assets
0.040.040.050.040.04
Graham Net
-23.98-24.11-24.65-24.13-24.67
Working capital
-700M-670M-741M0-79M
Tangible asset value
-6.6B-6.57B-6.69B-6.49B-6.64B
Net current asset value
-8.34B-8.33B-8.47B-8.25B-8.44B
Invested capital
-1.45-1.46-1.48-1.61-1.48
Average receivables
3.88B4.05B4.15B4.21B4.22B
Average payables
1.62B1.62B1.63B1.7B1.77B
Average inventory
610M629.5M641M632M618M
Days sales outstanding
105.23109.58102.39106.99105.79
Days payables outstanding
62.3458.0259.5260.1366.23
Days of inventory on hand
22.424.5921.8422.6721.58
Receivables turnover
0.860.820.880.840.85
Payables turnover
1.441.551.511.51.36
Inventory turnover
4.023.664.123.974.17
ROE
-0.06-0.07-0.08-0.08-0.07
Capex per share
-0.08-0.06-0.09-0.08-0.1

OTIS Frequently Asked Questions

What is Otis Worldwide Corporation stock symbol ?

Otis Worldwide Corporation is a US stock , located in Farmington of Ct and trading under the symbol OTIS

Is Otis Worldwide Corporation buy or a sell ?

11 stock analysts have 11 predictions with a medium analyst target price of $85.82. The lowest prediction is $71 and the highest is $102

What is OTIS stock prediction ?

With a median analyst target price of $102, 1 stock analysts have made 1 forecasts in last 90 days. $102 is the lowest and $102 is the greatest projection.

What is Otis Worldwide Corporation stock quote today ?

Otis Worldwide Corporation stock price is $99.51 today.

Is Otis Worldwide Corporation stock public?

Yes, Otis Worldwide Corporation is a publicly traded company.

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