Otis Worldwide Corp. (OTIS): Price and Financial Metrics


Otis Worldwide Corp. (OTIS): $70.47

-0.56 (-0.79%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

OTIS Stock Price Chart Interactive Chart >

Price chart for OTIS

OTIS Price/Volume Stats

Current price $70.47 52-week high $71.69
Prev. close $71.03 52-week low $44.50
Day low $70.33 Volume 3,682,200
Day high $71.69 Avg. volume 2,662,204
50-day MA $66.89 Dividend yield 1.13%
200-day MA $64.27 Market Cap 30.29B

Otis Worldwide Corp. (OTIS) Company Bio


Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. It operates through the New Equipment and Service segments. The New Equipment segment designs, manufactures, sells, and installs a wide range of passenger and freight elevators. The Service segment offers maintenance and repair services; and modernization services to upgrade elevators and escalators. The company was founded by Elisha Graves Otis in 1853 and is headquartered in Farmington, CT.

OTIS Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$70.47$19.7 -72%

Below please find a table outlining a discounted cash flow forecast for OTIS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Otis Worldwide Corp ranked in the 25th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Otis Worldwide Corp ended up being:

  • In the past 1 years, Otis Worldwide Corp has a compound free cash flow growth rate of -0.02%; that's higher than merely 19.44% of free cash flow generating stocks in the Industrials sector.
  • Otis Worldwide Corp's weighted average cost of capital (WACC) is 9%; for context, that number is higher than only 18.62% of tickers in our DCF set.
  • OTIS's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than only 18.62% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-73%
1%-73%
2%-72%
3%-72%
4%-72%
5%-71%

For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as OTIS, try FLS, ROK, CAE, CPRT, and ESLT.


OTIS Latest News Stream


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Latest OTIS News From Around the Web

Below are the latest news stories about Otis Worldwide Corp that investors may wish to consider to help them evaluate OTIS as an investment opportunity.

Otis Announces a 20 Percent Increase in Quarterly Dividend to $0.24 per Share

The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.24 per share of Otis' common stock, which represents a 20 percent increase over the prior quarter's dividend amount. The dividend will be payable on June 10, 2021, to shareholders of record at the close of business on May 21, 2021.

Yahoo | April 19, 2021

Otis Worldwide (OTIS) Reports Next Week: Wall Street Expects Earnings Growth

Otis Worldwide (OTIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | April 19, 2021

Otis Announces Winners of the First Made to Move Communities™ Global Student Challenge

Today, student teams from 14 schools across nine countries and regions made history as the first cohort to complete Otis' inaugural Made to Move Communities global student challenge. The program enhances school-based Science, Technology, Engineering and Math (STEM) curriculum by partnering students with Otis mentors to together develop sustainable solutions to real-world mobility challenges seen in their communities. Otis Worldwide Corporation (NYSE: OTIS) is the world's leading manufacturer, installation and service company for elevators and escalators.

Yahoo | April 12, 2021

Otis First Quarter 2021 Earnings Advisory

Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, April 26, 2021, at 8:30 a.m. EDT. Otis President & CEO Judy Marks and Executive Vice President & CFO Rahul Ghai will discuss the company's first quarter results and the outlook for 2021.

Yahoo | April 9, 2021

Otis Worldwide (OTIS) Presents At ESG Conference - Slideshow

The following slide deck was published by Otis Worldwide Corporation in conjunction with this event....

SA Transcripts on Seeking Alpha | April 1, 2021

Read More 'OTIS' Stories Here

OTIS Price Returns

1-mo 5.46%
3-mo 11.28%
6-mo 11.74%
1-year 55.54%
3-year N/A
5-year N/A
YTD 4.64%
2020 N/A
2019 N/A
2018 N/A
2017 N/A
2016 N/A

OTIS Dividends

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