100.42

0.95% 0.98

Otis Worldwide Corp (OTIS)

Overview News Price History Option Chain Financials Discussions Forecast Dividend History

Otis Worldwide Corp stock is traded at $100.42, with a volume of 526.52K. It is up +0.95% in the last 24 hours and down -3.99% over the past month. Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Previous Close:

$99.44

Open:

$99.43

24h Volume:

526.52K

Relative Volume:

0.26

Market Cap:

$40.09B

Revenue:

$14.18B

Net Income/Loss:

$1.47B

P/E Ratio:

30.34

EPS:

3.31

Net Cash Flow:

$1.25B

1W Performance:

-0.97%

1M Performance:

-3.99%

6M Performance:

+8.97%

1Y Performance:

+25.78%

1-Day Range:

$99.28

$100.50

1-Week Range:

$96.15

$100.50

52-Week Range:

$79.44

$106.33

Otis Worldwide Corp Stock (OTIS) Company Profile

Name

Otis Worldwide Corp

Sector

Industrials (661)

Industry

Specialty Industrial Machinery (74)

Phone

(860) 674-3000

Address

ONE CARRIER PLACE, FARMINGTON, CT

Employee

71,000

Twitter

@OtisElevatorCo

Next Earnings Date

2024-10-30

Latest SEC Filings

OTIS's Discussions on Twitter

Otis Worldwide Corp Stock (OTIS) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-02-24	Downgrade	Vertical Research	Buy → Hold
Oct-03-23	Initiated	UBS	Neutral
May-01-23	Upgrade	Wells Fargo	Underweight → Equal Weight
Jan-06-23	Initiated	Morgan Stanley	Equal-Weight
Dec-01-22	Downgrade	Barclays	Overweight → Equal Weight
Nov-07-22	Downgrade	Argus	Buy → Hold
Jul-07-22	Downgrade	JP Morgan	Overweight → Neutral
Jul-05-22	Downgrade	Exane BNP Paribas	Outperform → Neutral
May-24-22	Upgrade	Barclays	Equal Weight → Overweight
Oct-08-21	Initiated	Wells Fargo	Underweight
Jul-07-21	Initiated	RBC Capital Mkts	Outperform
Mar-29-21	Upgrade	HSBC Securities	Reduce → Hold
Mar-16-21	Initiated	Berenberg	Buy
Sep-24-20	Upgrade	Wolfe Research	Peer Perform → Outperform
Jun-29-20	Initiated	HSBC Securities	Reduce
Jun-18-20	Initiated	Argus	Buy
May-22-20	Initiated	Cowen	Outperform
May-14-20	Initiated	Credit Suisse	Neutral
May-08-20	Initiated	William Blair	Mkt Perform
Apr-15-20	Initiated	Barclays	Equal Weight
Apr-14-20	Initiated	Atlantic Equities	Overweight
Apr-09-20	Initiated	JP Morgan	Overweight

View All

Otis Worldwide Corp Stock (OTIS) Latest News

06:08 AM

Otis Worldwide Co. (NYSE:OTIS) Holdings Lifted by National Pension Service - MarketBeat

06:08 AM

Nov 04, 2024

Otis Worldwide Co. (NYSE:OTIS) Stake Increased by Quintet Private Bank Europe S.A. - MarketBeat

Nov 04, 2024

Nov 03, 2024

Van ECK Associates Corp Grows Stock Position in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Nov 03, 2024

Nov 01, 2024

Otis Worldwide Corp. stock rises Friday, outperforms market - MarketWatch

Nov 01, 2024

Otis Worldwide Third Quarter 2024 Earnings: EPS Beats Expectations - Yahoo Finance

Nov 01, 2024

Oct 31, 2024

Otis Worldwide Corp. stock falls Thursday, still outperforms market - MarketWatch

Oct 31, 2024

Otis Worldwide Corporation (NYSE:OTIS) Q3 2024 Earnings Call Transcript - MSN

Oct 31, 2024