Otis Worldwide Corp (OTIS) concluded trading on Wednesday at a closing price of $98.28, with 3.77 million shares of worth about $370.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.49% during that period and on October 30, 2024 the price saw a loss of about -3.05%. Currently the company’s common shares owned by public are about 406.60M shares, out of which, 400.11M shares are available for trading.
Stock saw a price change of -4.45% in past 5 days and over the past one month there was a price change of -5.29%. Year-to-date (YTD), OTIS shares are showing a performance of 9.85% which increased to 28.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $75.78 but also hit the highest price of $106.33 during that period. The average intraday trading volume for Otis Worldwide Corp shares is 2.11 million. The stock is currently trading -4.87% below its 20-day simple moving average (SMA20), while that difference is down -0.63% for SMA50 and it goes to 2.32% higher than SMA200.
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Otis Worldwide Corp (NYSE: OTIS) currently have 406.60M outstanding shares and institutions hold larger chunk of about 91.11% of that.
The stock has a current market capitalization of $39.37B and its 3Y-monthly beta is at 0.93. PE ratio of stock for trailing 12 months is 27.43, while it has posted earnings per share of $3.58 in the same period. Its PEG reads 2.61 and has Quick Ratio of 0.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OTIS, volatility over the week remained 1.95% while standing at 1.80% over the month.
Stock’s fiscal year EPS is expected to rise by 9.62% while it is estimated to increase by 9.08% in next year. EPS is likely to grow at an annualized rate of 10.50% for next 5-years, compared to annual growth of 6.96% made by the stock over the past 5-years.
Coverage by Morgan Stanley stated Otis Worldwide Corp (OTIS) stock as an Equal-weight in their note to investors on September 06, 2024, suggesting a price target of $97 for the stock. On April 02, 2024, Melius Initiated their recommendations, while on February 22, 2024, Argus Upgrade their ratings for the stock with a price target of $102. Stock get a Hold rating from Vertical Research on January 02, 2024.
