92.93

0.20% 0.19

Otis Worldwide Corp (OTIS)

Overview News Price History Option Chain Financials Discussions Forecast Dividend History

Otis Worldwide Corp stock is traded at $92.93, with a volume of 4.90M. It is up +0.20% in the last 24 hours and down -8.35% 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:

$92.74

Open:

$93.31

24h Volume:

4.90M

Relative Volume:

1.96

Market Cap:

$38.40B

Revenue:

$14.17B

Net Income/Loss:

$1.54B

P/E Ratio:

24.39

EPS:

3.81

Net Cash Flow:

$1.45B

1W Performance:

-5.67%

1M Performance:

-8.35%

6M Performance:

-8.23%

1Y Performance:

-0.10%

1-Day Range:

$91.73

$93.70

1-Week Range:

$90.57

$99.30

52-Week Range:

$89.70

$106.83

Otis Worldwide Corp Stock (OTIS) Company Profile

Name

Otis Worldwide Corp

Sector

Industrials (665)

Industry

Specialty Industrial Machinery (84)

Phone

(860) 674-3000

Address

ONE CARRIER PLACE, FARMINGTON, CT

Employee

72,000

Twitter

@OtisElevatorCo

Next Earnings Date

2025-01-29

Latest SEC Filings

OTIS's Discussions on Twitter

Compare OTIS with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
OTIS Otis Worldwide Corp	92.93	38.40B	14.17B	1.54B	1.45B	3.81
ETN Eaton Corporation Plc	288.82	101.65B	24.88B	3.79B	3.52B	9.50
PH Parker Hannifin Corp	598.02	70.47B	19.91B	3.16B	3.30B	24.16
ITW Illinois Tool Works Inc	239.50	66.77B	15.90B	3.49B	2.84B	11.72
EMR Emerson Electric Co	105.28	54.37B	17.55B	2.41B	3.27B	4.19
CMI Cummins Inc	293.26	40.32B	34.10B	3.95B	279.00M	28.17

Otis Worldwide Corp Stock (OTIS) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Dec-12-24	Downgrade	Wolfe Research	Peer Perform → Underperform
Dec-05-24	Downgrade	Barclays	Equal Weight → Underweight
Nov-13-24	Resumed	UBS	Neutral
Oct-08-24	Downgrade	Wolfe Research	Outperform → Peer Perform
Sep-06-24	Initiated	Morgan Stanley	Equal-Weight
Apr-02-24	Initiated	Melius	Hold
Feb-22-24	Upgrade	Argus	Hold → Buy
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

05:40 AM

Quantessence Capital LLC Takes $605,000 Position in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

05:40 AM

04:25 AM

Ossiam Raises Holdings in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

04:25 AM

01:13 AM