Otis Worldwide (Germany) Today

4PG Stock  EUR 94.14  0.38  0.41%   

Performance

13 of 100

 
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Odds Of Distress

Less than 9

 
High
 
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Low
Otis Worldwide is trading at 94.14 as of the 22nd of November 2024. This is a 0.41% increase since the beginning of the trading day. The stock's lowest day price was 94.02. Otis Worldwide has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Otis Worldwide Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company was founded in 1853 and is headquartered in Farmington, Connecticut. OTIS WORLDWID operates under Specialty Industrial Machinery classification in Germany and is traded on Frankfurt Stock Exchange. The company has 414.87 M outstanding shares. More on Otis Worldwide Corp

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Follow Valuation Odds of Bankruptcy
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Otis Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Otis Worldwide's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Otis Worldwide or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationSpecialty Industrial Machinery, Industrials (View all Sectors)
Otis Worldwide Corp (4PG) is traded on Frankfurt Exchange in Germany and employs 69,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 33.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Otis Worldwide's market, we take the total number of its shares issued and multiply it by Otis Worldwide's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Otis Worldwide Corp classifies itself under Industrials sector and is part of Specialty Industrial Machinery industry. The entity has 414.87 M outstanding shares. Otis Worldwide Corp has accumulated about 1.22 B in cash with 1.56 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.9.
Check Otis Worldwide Probability Of Bankruptcy
Ownership Allocation
Otis Worldwide owns a total of 414.87 Million outstanding shares. The majority of Otis Worldwide Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Otis Worldwide Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Otis Worldwide. Please pay attention to any change in the institutional holdings of Otis Worldwide Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Otis Ownership Details

Otis Worldwide Corp Risk Profiles

Although Otis Worldwide's alpha and beta are two of the key measurements used to evaluate Otis Worldwide's performance over the market, the standard measures of volatility play an important role as well.

Otis Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Otis Worldwide without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Otis Worldwide Corporate Management

Elected by the shareholders, the Otis Worldwide's board of directors comprises two types of representatives: Otis Worldwide inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Otis. The board's role is to monitor Otis Worldwide's management team and ensure that shareholders' interests are well served. Otis Worldwide's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Otis Worldwide's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Information and Resources on Investing in Otis Stock

When determining whether Otis Worldwide Corp is a strong investment it is important to analyze Otis Worldwide's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Otis Worldwide's future performance. For an informed investment choice regarding Otis Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Otis Worldwide Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Please note, there is a significant difference between Otis Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Otis Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Otis Worldwide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.