Otis Worldwide Corp (OTIS) concluded trading on Wednesday at a closing price of $94.65, with 3.86 million shares of worth about $365.44 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.74% during that period and on January 29, 2025 the price saw a loss of about -1.27%. Currently the company’s common shares owned by public are about 399.40M shares, out of which, 399.02M shares are available for trading.
Stock saw a price change of -0.78% in past 5 days and over the past one month there was a price change of 0.53%. Year-to-date (YTD), OTIS shares are showing a performance of 2.20% which increased to 6.79% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $87.57 but also hit the highest price of $106.33 during that period. The average intraday trading volume for Otis Worldwide Corp shares is 1.93 million. The stock is currently trading 1.10% above its 20-day simple moving average (SMA20), while that difference is down -2.02% for SMA50 and it goes to -2.38% lower than SMA200.
Otis Worldwide Corp (NYSE: OTIS) currently have 399.40M outstanding shares and institutions hold larger chunk of about 92.47% of that.
The stock has a current market capitalization of $37.81B and its 3Y-monthly beta is at 0.96. PE ratio of stock for trailing 12 months is 23.57, while it has posted earnings per share of $4.02 in the same period. Its PEG reads 2.24 and has Quick Ratio of 0.72. 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 2.43% while standing at 1.64% over the month.
Stock’s fiscal year EPS is expected to rise by 6.96% while it is estimated to increase by 10.77% in next year. EPS is likely to grow at an annualized rate of 10.52% for next 5-years, compared to annual growth of 6.96% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on December 12, 2024 offering an Underperform rating for the stock and assigned a target price of $104 to it. Coverage by Barclays stated Otis Worldwide Corp (OTIS) stock as an Underweight in their note to investors on December 05, 2024, suggesting a price target of $94 for the stock. Stock get an Equal-weight rating from Morgan Stanley on September 06, 2024.
