Company Overview
Otis Worldwide Corporation manufactures, installs, and services 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. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
Company Information
- CEO
- Judith F. Marks
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Employees
- 72000
Contact Information
- Website
- https://www.otis.com
- Address
- One Carrier Place
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Industrials leader with 34.77B market capitalization
- Trading Volume: 4.92M shares traded today
- Price Range: 52-week range of $84.25 - $106.83
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Otis Worldwide Corporation
Otis Worldwide Corporation (OTIS) operates in the Industrial - Machinery industry within the Industrials sector. With a current market capitalization of 34.77B, the company represents a significant player in its market. The stock is currently trading at $88.58 with a positivedaily change of 1.15%.
The company's 72000 employee base and presence on the New York Stock Exchangeexchange position it as a Industrials sector leader. Investors should consider the stock's P/E ratio of 23.43, beta of 0.94, and 52-week price range from $84.25 to $106.83when evaluating investment opportunities.
Why Invest in Otis Worldwide Corporation?
Strengths
- • Established market presence in Industrials
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Judith F. Marks
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Industrials Sector
The Industrials sector includes companies that manufacture machinery, provide transportation services, and offer industrial products and services.