Otis Worldwide Corp (OTIS) concluded trading on Wednesday at a closing price of $92.30, with 5.33 million shares of worth about $491.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.93% during that period and on April 23, 2025 the price saw a loss of about -6.72%. Currently the company’s common shares owned by public are about 397.60M shares, out of which, 395.09M shares are available for trading.
Stock saw a price change of -6.57% in past 5 days and over the past one month there was a price change of -8.96%. Year-to-date (YTD), OTIS shares are showing a performance of -0.33% which decreased to -2.95% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $89.70 but also hit the highest price of $106.83 during that period. The average intraday trading volume for Otis Worldwide Corp shares is 2.54 million. The stock is currently trading -6.19% below its 20-day simple moving average (SMA20), while that difference is down -7.14% for SMA50 and it goes to -5.57% lower than SMA200.
Otis Worldwide Corp (NYSE: OTIS) currently have 397.60M outstanding shares and institutions hold larger chunk of about 94.17% of that.
The stock has a current market capitalization of $36.52B and its 3Y-monthly beta is at 0.99. PE ratio of stock for trailing 12 months is 22.68, while it has posted earnings per share of $4.07 in the same period. Its PEG reads 2.54 and has Quick Ratio of 0.92. 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 3.43% while standing at 3.23% over the month.
Stock’s fiscal year EPS is expected to rise by 6.65% while it is estimated to increase by 11.25% in next year. EPS is likely to shrink at an annualized rate of 8.94% for next 5-years, compared to annual growth of 9.56% 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.
