Otis Worldwide Corp (NYSE: OTIS) on Friday, plunged -0.49% from the previous trading day, before settling in for the closing price of $98.27. Within the past 52 weeks, OTIS’s price has moved between $85.42 and $106.33.
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Industrials Sector giant saw their annual sales surged by 2.09% over the last five years. The company achieved an average annual earnings per share of 8.70%. With a float of $399.00 million, this company’s outstanding shares have now reached $399.40 million.
The firm has a total of 71000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.96%, operating margin of 14.22%, and the pretax margin is 14.31%.
Otis Worldwide Corp (OTIS) Breakdown of a Key Holders of the stock
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Otis Worldwide Corp is 0.11%, while institutional ownership is 92.65%. The most recent insider transaction that took place on Nov 08 ’24, was worth 569,159. In this transaction SVP, CAO & Controller of this company sold 5,638 shares at a rate of $100.95, taking the stock ownership to the 756 shares. Before that another transaction happened on Nov 07 ’24, when Company’s EVP & CPO sold 9,000 for $101.02, making the entire transaction worth $909,209. This insider now owns 9,992 shares in total.
Otis Worldwide Corp (OTIS) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 6.96% growth over the previous five years of trading.
Otis Worldwide Corp (NYSE: OTIS) Trading Performance Indicators
Otis Worldwide Corp (OTIS) is currently performing well based on its current performance indicators. A quick ratio of 0.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.74. Likewise, its price to free cash flow for the trailing twelve months is 28.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.02, a number that is poised to hit 0.95 in the next quarter and is forecasted to reach 4.17 in one year’s time.
Technical Analysis of Otis Worldwide Corp (OTIS)
Analysing the last 5-days average volume posted by the [Otis Worldwide Corp, OTIS], we can find that recorded value of 1.72 million was lower than the volume posted last year of 2.08 million. As of the previous 9 days, the stock’s Stochastic %D was 10.74%. Additionally, its Average True Range was 1.70.
During the past 100 days, Otis Worldwide Corp’s (OTIS) raw stochastic average was set at 46.59%, which indicates a significant increase from 9.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.30% in the past 14 days, which was lower than the 17.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $101.44, while its 200-day Moving Average is $97.55. Now, the first resistance to watch is $98.43. This is followed by the second major resistance level at $99.08. The third major resistance level sits at $99.63. If the price goes on to break the first support level at $97.24, it is likely to go to the next support level at $96.69. Now, if the price goes above the second support level, the third support stands at $96.04.
Otis Worldwide Corp (NYSE: OTIS) Key Stats
Market capitalization of the company is 38.87 billion based on 399,461K outstanding shares. Right now, sales total 14,209 M and income totals 1,406 M. The company made 3,548 M in profit during its latest quarter, and 540,000 K in sales during its previous quarter.
