Otis Worldwide Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 41 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 101.43.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Otis Worldwide Corp is 7.95, ranking 49 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 3.80B, representing a year-over-year increase of 3.29%, while its net profit experienced a year-over-year increase of 10.98%.
Key Metrics
The current valuation score of Otis Worldwide Corp is 5.59, ranking 146 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 22.34, which is 31.29% below the recent high of 29.32 and 0.90% above the recent low of 22.13.
The current earnings forecast score of Otis Worldwide Corp is 6.88, ranking 122 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 102.00, with a high of 120.46 and a low of 92.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Otis Worldwide Corp is 6.65, ranking 148 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 89.35 and the support level at 72.89, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Otis Worldwide Corp is 10.00, ranking 1 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 92.06%, representing a quarter-over-quarter decrease of 1.46%. The largest institutional shareholder is The Vanguard, holding a total of 48.45M shares, representing 12.46% of shares outstanding, with 5.97% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Otis Worldwide Corp is 9.87, ranking 2 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 1.04. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Otis Worldwide Corp’s latest ESG disclosure leads the Machinery, Tools, Heavy Vehicles, Trains & Ships industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
