Otis Worldwide Corp (OTIS) concluded trading on Thursday at a closing price of $97.32, with 4.79 million shares of worth about $465.99 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.13% during that period and on May 08, 2025 the price remained unchanged. Currently the company’s common shares owned by public are about 395.50M shares, out of which, 394.14M shares are available for trading.
Stock saw a price change of 0.96% in past 5 days and over the past one month there was a price change of 7.09%. Year-to-date (YTD), OTIS shares are showing a performance of 5.09% which increased to 4.54% 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 2.79 million. The stock is currently trading 1.12% above its 20-day simple moving average (SMA20), while that difference is down -1.56% for SMA50 and it goes to -0.28% lower than SMA200.
Otis Worldwide Corp (NYSE: OTIS) currently have 395.50M outstanding shares and institutions hold larger chunk of about 93.31% of that.
The stock has a current market capitalization of $38.41B and its 3Y-monthly beta is at 1.01. PE ratio of stock for trailing 12 months is 25.52, while it has posted earnings per share of $3.81 in the same period. Its PEG reads 2.74 and has Quick Ratio of 0.87. 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 1.29% while standing at 2.54% over the month.
Stock’s fiscal year EPS is expected to rise by 5.14% while it is estimated to increase by 11.51% in next year. EPS is likely to shrink at an annualized rate of 9.33% 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.
