On Tuesday, Otis Worldwide Corp (NYSE: OTIS) opened higher 0.83% from the last session, before settling in for the closing price of $103.20. Price fluctuations for OTIS have ranged from $90.12 to $106.83 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 1.85%. Company’s average yearly earnings per share was noted 6.61% at the time writing. With a float of $395.98 million, this company’s outstanding shares have now reached $397.60 million.
Considering the fact that the conglomerate employs 72000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 29.87%, operating margin of 14.23%, and the pretax margin is 14.3%.
Otis Worldwide Corp (OTIS) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Otis Worldwide Corp is 0.14%, while institutional ownership is 93.75%. The most recent insider transaction that took place on Mar 10 ’25, was worth 701,287. In this transaction President, Otis Asia Pacific of this company sold 6,660 shares at a rate of $105.30, taking the stock ownership to the 63,931 shares. Before that another transaction happened on Mar 10 ’25, when Company’s Officer proposed sale 6,660 for $105.33, making the entire transaction worth $701,497.
Otis Worldwide Corp (OTIS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 6.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.70% during the next five years compared to 9.56% growth over the previous five years of trading.
Otis Worldwide Corp (NYSE: OTIS) Trading Performance Indicators
Check out the current performance indicators for Otis Worldwide Corp (OTIS). In the past quarter, the stock posted a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.89. Likewise, its price to free cash flow for the trailing twelve months is 28.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.07, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 4.53 in one year’s time.
Technical Analysis of Otis Worldwide Corp (OTIS)
Compared to the last year’s volume of 2.29 million, its volume of 1.82 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.11%. Additionally, its Average True Range was 1.77.
During the past 100 days, Otis Worldwide Corp’s (OTIS) raw stochastic average was set at 83.43%, which indicates a significant decrease from 99.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.26% in the past 14 days, which was lower than the 15.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.01, while its 200-day Moving Average is $97.71. Nevertheless, the first resistance level for the watch stands at $104.60 in the near term. At $105.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $106.18. If the price goes on to break the first support level at $103.02, it is likely to go to the next support level at $101.97. Now, if the price goes above the second support level, the third support stands at $101.44.
Otis Worldwide Corp (NYSE: OTIS) Key Stats
There are currently 396,519K shares outstanding in the company with a market cap of 41.26 billion. Presently, the company’s annual sales total 14,261 M according to its annual income of 1,645 M. Last quarter, the company’s sales amounted to 3,675 M and its income totaled 337,000 K.
