Is Otis Worldwide Stock a Good Investment?
Otis Worldwide Investment Advice | OTIS |
- Examine Otis Worldwide's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Otis Worldwide's leadership team and their track record. Good management can help Otis Worldwide navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Otis Worldwide's business and its evolving consumer preferences.
- Compare Otis Worldwide's performance and market position to its competitors. Analyze how Otis Worldwide is positioned in terms of product offerings, innovation, and market share.
- Check if Otis Worldwide pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Otis Worldwide's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Otis Worldwide Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Otis Worldwide Corp is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Otis Worldwide Stock
Researching Otis Worldwide's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.7. Otis Worldwide Corp last dividend was issued on the 15th of November 2024.
To determine if Otis Worldwide is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Otis Worldwide's research are outlined below:
| Otis Worldwide Corp currently holds 7.31 B in liabilities with Debt to Equity (D/E) ratio of 4.12, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Otis Worldwide Corp has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Otis Worldwide's use of debt, we should always consider it together with its cash and equity. | |
| Otis Worldwide Corp has a strong financial position based on the latest SEC filings | |
| Over 93.0% of Otis Worldwide shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Otis Worldwide Co. Holdings Boosted by J. Stern Co. LLP |
Otis Worldwide Quarterly Long Term Debt |
|
Otis Worldwide uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Otis Worldwide Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Otis Worldwide's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Otis Worldwide's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Otis Worldwide's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-02-01 | 2020-12-31 | 0.59 | 0.66 | 0.07 | 11 | ||
2022-07-27 | 2022-06-30 | 0.78 | 0.86 | 0.08 | 10 | ||
2021-04-26 | 2021-03-31 | 0.63 | 0.72 | 0.09 | 14 | ||
2020-07-28 | 2020-06-30 | 0.44 | 0.56 | 0.12 | 27 | ||
2020-10-26 | 2020-09-30 | 0.56 | 0.69 | 0.13 | 23 | ||
2020-05-06 | 2020-03-31 | 0.46 | 0.6 | 0.14 | 30 |
Know Otis Worldwide's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Otis Worldwide is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Otis Worldwide Corp backward and forwards among themselves. Otis Worldwide's institutional investor refers to the entity that pools money to purchase Otis Worldwide's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fundsmith Llp | 2024-09-30 | 6.1 M | Grantham, Mayo, Van Otterloo & Co., Llc | 2024-09-30 | 5.1 M | Bls Capital Fondsmæglerselskab A/s | 2024-09-30 | 4.6 M | Northern Trust Corp | 2024-09-30 | 4.1 M | Sarasin & Partners Llp | 2024-09-30 | 3.8 M | Legal & General Group Plc | 2024-06-30 | 3.7 M | Amvescap Plc. | 2024-06-30 | 3.6 M | Fmr Inc | 2024-09-30 | 3.5 M | Bank Of America Corp | 2024-06-30 | 3.5 M | Vanguard Group Inc | 2024-09-30 | 44.9 M | Blackrock Inc | 2024-06-30 | 34.5 M |
Otis Worldwide's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 40.73 B.Market Cap |
|
Otis Worldwide's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.17 | 0.11 | |
| Return On Capital Employed | 0.60 | 0.39 | |
| Return On Assets | 0.14 | 0.09 | |
| Return On Equity | (0.29) | (0.27) |
Determining Otis Worldwide's profitability involves analyzing its financial statements and using various financial metrics to determine if Otis Worldwide is a good buy. For example, gross profit margin measures Otis Worldwide's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Otis Worldwide's profitability and make more informed investment decisions.
Otis Worldwide's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Otis Worldwide's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Otis Worldwide Corp. Check Otis Worldwide's Beneish M Score to see the likelihood of Otis Worldwide's management manipulating its earnings.
Evaluate Otis Worldwide's management efficiency
Otis Worldwide Corp has return on total asset (ROA) of 0.1408 % which means that it generated a profit of $0.1408 on every $100 spent on assets. This is way below average. Otis Worldwide's management efficiency ratios could be used to measure how well Otis Worldwide manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.11 in 2024. Return On Capital Employed is likely to drop to 0.39 in 2024. At this time, Otis Worldwide's Asset Turnover is comparatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (11.47) | (10.90) | |
| Tangible Book Value Per Share | (16.15) | (16.95) | |
| Enterprise Value Over EBITDA | 18.05 | 11.32 | |
| Price Book Value Ratio | (7.48) | (7.10) | |
| Enterprise Value Multiple | 18.05 | 11.32 | |
| Price Fair Value | (7.48) | (7.10) | |
| Enterprise Value | 16.8 B | 15 B |
The operational strategies employed by Otis Worldwide management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Dividend Yield 0.0153 | Forward Dividend Yield 0.0153 | Forward Dividend Rate 1.56 | Beta 0.942 |
Basic technical analysis of Otis Stock
As of the 28th of November, Otis Worldwide holds the Semi Deviation of 1.13, coefficient of variation of 860.79, and Risk Adjusted Performance of 0.0926. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Otis Worldwide, as well as the relationship between them. Please check Otis Worldwide Corp downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Otis Worldwide Corp is priced some-what accurately, providing market reflects its current price of 102.52 per share. Given that Otis Worldwide has jensen alpha of 0.0551, we recommend you to check out Otis Worldwide Corp's recent market performance to make sure the company can sustain itself at a future point.Otis Worldwide's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Otis Worldwide insiders, such as employees or executives, is commonly permitted as long as it does not rely on Otis Worldwide's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Otis Worldwide insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Otis Worldwide's Outstanding Corporate Bonds
Otis Worldwide issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Otis Worldwide Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Otis bonds can be classified according to their maturity, which is the date when Otis Worldwide Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| OTIS WORLDWIDE P Corp BondUS68902VAH06 | View | |
| US68902VAJ61 Corp BondUS68902VAJ61 | View | |
| OTIS WORLDWIDE P Corp BondUS68902VAK35 | View | |
| OTIS WORLDWIDE P Corp BondUS68902VAL18 | View |
Understand Otis Worldwide's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Otis Worldwide's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0926 | |||
| Market Risk Adjusted Performance | 0.2163 | |||
| Mean Deviation | 0.9028 | |||
| Semi Deviation | 1.13 | |||
| Downside Deviation | 1.28 | |||
| Coefficient Of Variation | 860.79 | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.5 | |||
| Information Ratio | 0.0098 | |||
| Jensen Alpha | 0.0551 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0094 | |||
| Treynor Ratio | 0.2063 | |||
| Maximum Drawdown | 6.9 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 1.74 | |||
| Downside Variance | 1.64 | |||
| Semi Variance | 1.27 | |||
| Expected Short fall | (0.94) | |||
| Skewness | (0.05) | |||
| Kurtosis | 1.29 |
| Risk Adjusted Performance | 0.0926 | |||
| Market Risk Adjusted Performance | 0.2163 | |||
| Mean Deviation | 0.9028 | |||
| Semi Deviation | 1.13 | |||
| Downside Deviation | 1.28 | |||
| Coefficient Of Variation | 860.79 | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.5 | |||
| Information Ratio | 0.0098 | |||
| Jensen Alpha | 0.0551 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0094 | |||
| Treynor Ratio | 0.2063 | |||
| Maximum Drawdown | 6.9 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 1.74 | |||
| Downside Variance | 1.64 | |||
| Semi Variance | 1.27 | |||
| Expected Short fall | (0.94) | |||
| Skewness | (0.05) | |||
| Kurtosis | 1.29 |
Consider Otis Worldwide's intraday indicators
Otis Worldwide intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Otis Worldwide stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 17332.25 | |||
| Daily Balance Of Power | 0.4231 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 102.36 | |||
| Day Typical Price | 102.41 | |||
| Price Action Indicator | 0.43 | |||
| Period Momentum Indicator | 0.55 | |||
| Relative Strength Index | 47.94 |
Otis Worldwide Corporate Filings
| 20th of November 2024 Certification of the accuracy of the financial statements and disclosures | ViewVerify | |
8K | 19th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 15th of November 2024 Other Reports | ViewVerify | |
| 14th of November 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify |
Otis Stock media impact
Far too much social signal, news, headlines, and media speculation about Otis Worldwide that are available to investors today. That information is available publicly through Otis media outlets and privately through word of mouth or via Otis internal channels. However, regardless of the origin, that massive amount of Otis data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Otis Worldwide news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Otis Worldwide relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Otis Worldwide's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Otis Worldwide alpha.
Otis Worldwide Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Otis Worldwide can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Otis Worldwide Corp Historical Investor Sentiment
Investor biases related to Otis Worldwide's public news can be used to forecast risks associated with an investment in Otis. The trend in average sentiment can be used to explain how an investor holding Otis can time the market purely based on public headlines and social activities around Otis Worldwide Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Otis Worldwide's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Otis Worldwide and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Otis Worldwide news discussions. The higher the estimate score, the more favorable the investor's outlook on Otis Worldwide.
Otis Worldwide Corporate Management
| Jeffrey Black | Independent Director | Profile | |
| Michael Ryan | Chief Accounting Officer, Vice President | Profile | |
| Bernardo Fernandez | President Otis EMEA | Profile | |
| Bryant Henson | Executive Vice President - Global Strategy and Business Development | Profile | |
| Shelley Stewart | Independent Director | Profile | |
| Robin Fiala | Vice Marketing | Profile |
Additional Tools for Otis Stock Analysis
When running Otis Worldwide's price analysis, check to measure Otis Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.