Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Specialty Industrial Machinery

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.

Revenue projections:

Revenue projections for OTIS
Revenue projections for OTIS

OTIS's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 0.837000
forwardPE 15.554491
debtToEquity 0.000000
earningsGrowth 0.426000
revenueGrowth 0.064000
grossMargins 0.305460
operatingMargins 0.153950
trailingEps 3.760000
forwardEps 4.720180

OTIS's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
OTIS's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that OTIS is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.

Price projections:

Price projections for OTIS
Price projections for OTIS

The current price of OTIS, when assessed against projections, reveals no significant risks or opportunities. This situation indicates a steady market environment, prompting investors to remain patient until more clarity emerges regarding the stock's potential.

Insider Transactions:

Insider Transactions for OTIS
Insider Transactions for OTIS


6 transactions to sell OTIS occurred, with market price at 87.98499933878581.No sell transactions were carried out during the period under review.The recent trend of increased buying at OTIS's current price levels may indicate a favorable market sentiment. This could point to a positive outlook for the stock, as investors show growing confidence through higher buy activity.

Recommendation changes over time:

Recommendations trend for OTIS
Recommendations trend for OTIS


Analysts have maintained a buy bias for OTIS, which could prompt investors to consider the stock as a viable investment. With this positive outlook, OTIS is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.