Otis Worldwide Corp (NYSE:OTIS) currently has a daily average trading volume of 2.85M but it saw 2582966 shares traded in last market. With a market cap of 38.49B USD, the company’s current market price of $97.52 came rising about 0.92 while comparing to the previous closing price of $96.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $106.83 and as low as $89.70. In the recent trading on the day, stock has struck highest price mark of $96.825 while lowest mark touched by it was $97.97.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wolfe Research which downgraded the stock as “Underperform” in its note to investors issued on December 12, 2024, recommending a price target of $104 for it. Barclays downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on December 05, 2024 while assigning a price target of $94. UBS issued its recommendations for the stock as it resumed the price target for the stock in the range of between $97 and $113.
Over the week, OTIS’s stock price is moving 1.93% up while it is 0.44% when we observe its performance for the past one month. Year-to-date it is 0.67% up and over the past year, the stock is showing an upside performance of 5.30%.
Currently, Otis Worldwide Corp’s total number of outstanding shares is 395.50M. Company’s return on investment (ROI) stands at 72.61%. It has a price to earnings ratio (P/E ratio) of 25.58 while having a 21.70 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to sale or P/S ratio amounts to 2.72. Its return on asset (ROA) is 14.64% on average.
