On Friday, Otis Worldwide Corp (NYSE: OTIS) was 1.05% up from the session before settling in for the closing price of $97.86. A 52-week range for OTIS has been $89.70 – $106.83.
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Industrials Sector giant saw their annual sales surged by 1.85% over the last five years. When this article was written, the company’s average yearly earnings per share was at 5.13%. With a float of $394.14 million, this company’s outstanding shares have now reached $395.50 million.
The firm has a total of 72000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.86%, operating margin of 13.26%, and the pretax margin is 13.44%.
Otis Worldwide Corp (OTIS) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Otis Worldwide Corp stocks. The insider ownership of Otis Worldwide Corp is 0.14%, while institutional ownership is 92.72%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.33% 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
You can see what Otis Worldwide Corp (OTIS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.75. Likewise, its price to free cash flow for the trailing twelve months is 26.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.81, a number that is poised to hit 1.02 in the next quarter and is forecasted to reach 4.49 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 4.18 million was better than the volume posted last year of 2.69 million. As of the previous 9 days, the stock’s Stochastic %D was 60.03%. Additionally, its Average True Range was 1.97.
During the past 100 days, Otis Worldwide Corp’s (OTIS) raw stochastic average was set at 53.65%, which indicates a significant decrease from 99.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.34% in the past 14 days, which was lower than the 25.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.52, while its 200-day Moving Average is $97.70. Now, the first resistance to watch is $99.39. This is followed by the second major resistance level at $99.89. The third major resistance level sits at $100.88. If the price goes on to break the first support level at $97.91, it is likely to go to the next support level at $96.92. Should the price break the second support level, the third support level stands at $96.42.
Otis Worldwide Corp (NYSE: OTIS) Key Stats
There are 394,677K outstanding shares of the company, which has a market capitalization of 39.03 billion. As of now, sales total 14,261 M while income totals 1,645 M. Its latest quarter income was 3,350 M while its last quarter net income were 243,000 K.
