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Otis Worldwide (OTIS) Competitors

Otis Worldwide logo
$99.89 +0.20 (+0.20%)
(As of 10:25 AM ET)

OTIS vs. ABBNY, GEV, RRX, CAE, NOVT, BE, FLNC, ATKR, NPWR, and ENR

Should you be buying Otis Worldwide stock or one of its competitors? The main competitors of Otis Worldwide include ABB (ABBNY), GE Vernova (GEV), Regal Rexnord (RRX), CAE (CAE), Novanta (NOVT), Bloom Energy (BE), Fluence Energy (FLNC), Atkore (ATKR), NET Power (NPWR), and Energizer (ENR). These companies are all part of the "electrical equipment" industry.

Otis Worldwide vs.

Otis Worldwide (NYSE:OTIS) and ABB (NYSE:ABBNY) are both large-cap construction companies, but which is the better business? We will compare the two companies based on the strength of their profitability, risk, community ranking, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.

In the previous week, Otis Worldwide had 13 more articles in the media than ABB. MarketBeat recorded 14 mentions for Otis Worldwide and 1 mentions for ABB. Otis Worldwide's average media sentiment score of 1.29 beat ABB's score of 0.55 indicating that Otis Worldwide is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Otis Worldwide
13 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ABB
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Otis Worldwide pays an annual dividend of $1.56 per share and has a dividend yield of 1.6%. ABB pays an annual dividend of $0.58 per share and has a dividend yield of 1.0%. Otis Worldwide pays out 38.9% of its earnings in the form of a dividend. ABB pays out 27.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

ABB received 674 more outperform votes than Otis Worldwide when rated by MarketBeat users. Likewise, 62.66% of users gave ABB an outperform vote while only 21.11% of users gave Otis Worldwide an outperform vote.

CompanyUnderperformOutperform
Otis WorldwideOutperform Votes
19
21.11%
Underperform Votes
71
78.89%
ABBOutperform Votes
693
62.66%
Underperform Votes
413
37.34%

Otis Worldwide has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500. Comparatively, ABB has a beta of 1.16, indicating that its stock price is 16% more volatile than the S&P 500.

ABB has higher revenue and earnings than Otis Worldwide. Otis Worldwide is trading at a lower price-to-earnings ratio than ABB, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Otis Worldwide$14.21B2.80$1.41B$4.0124.86
ABB$32.24B3.21$3.75B$2.0926.57

Otis Worldwide currently has a consensus target price of $104.57, suggesting a potential upside of 4.92%. Given Otis Worldwide's stronger consensus rating and higher probable upside, analysts plainly believe Otis Worldwide is more favorable than ABB.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Otis Worldwide
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.20
ABB
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

ABB has a net margin of 11.90% compared to Otis Worldwide's net margin of 11.48%. ABB's return on equity of 27.58% beat Otis Worldwide's return on equity.

Company Net Margins Return on Equity Return on Assets
Otis Worldwide11.48% -31.28% 15.29%
ABB 11.90%27.58%9.56%

88.0% of Otis Worldwide shares are held by institutional investors. Comparatively, 1.1% of ABB shares are held by institutional investors. 0.2% of Otis Worldwide shares are held by insiders. Comparatively, 4.9% of ABB shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

ABB beats Otis Worldwide on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OTIS vs. The Competition

MetricOtis WorldwideElectronic, electrical equipment & components, except computer equipment IndustryConstruction SectorNYSE Exchange
Market Cap$40.06B$91.97B$9.78B$19.84B
Dividend Yield1.56%1.45%1.82%3.50%
P/E Ratio24.8616.9227.6437.73
Price / Sales2.802.433.3818.01
Price / Cash24.4619.8817.9317.90
Price / Book-8.243.325.074.86
Net Income$1.41B$2.70B$519.29M$985.93M
7 Day Performance-0.05%-0.01%0.23%0.45%
1 Month Performance-5.54%-7.23%0.89%1.05%
1 Year Performance17.40%3.94%35.94%24.67%

Otis Worldwide Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTIS
Otis Worldwide
4.7594 of 5 stars
$99.89
+0.2%
$104.57
+4.7%
+17.5%$39.90B$14.21B24.9171,000Positive News
ABBNY
ABB
N/A$55.71
+0.3%
N/A+45.9%$103.65B$32.24B26.6050,300Positive News
GEV
GE Vernova
3.1611 of 5 stars
$355.26
+3.6%
$270.02
-24.0%
N/A$97.93B$33.24B0.0080,000Analyst Forecast
Analyst Revision
Gap Up
RRX
Regal Rexnord
4.7094 of 5 stars
$172.77
+0.9%
$193.00
+11.7%
+47.5%$11.44B$6.25B53.9932,100
CAE
CAE
2.0874 of 5 stars
$22.96
+1.2%
$25.00
+8.9%
+7.9%$7.31B$3.17B0.0013,000Analyst Revision
NOVT
Novanta
2.0533 of 5 stars
$165.90
+0.6%
$169.00
+1.9%
+15.4%$5.96B$881.66M98.772,900Positive News
BE
Bloom Energy
3.2652 of 5 stars
$24.72
-0.3%
$17.55
-29.0%
+92.7%$5.65B$1.33B-44.272,377Analyst Forecast
FLNC
Fluence Energy
3.6599 of 5 stars
$21.97
+0.3%
$26.63
+21.2%
+13.7%$3.97B$2.22B0.001,112Upcoming Earnings
Positive News
ATKR
Atkore
3.0222 of 5 stars
$82.50
-2.0%
$131.60
+59.5%
-35.4%$2.96B$3.52B5.905,600Dividend Announcement
News Coverage
Gap Down
NPWR
NET Power
0.8279 of 5 stars
$13.03
+3.7%
$9.50
-27.1%
+20.8%$2.81B$170,000.000.0024
ENR
Energizer
3.8179 of 5 stars
$37.65
0.0%
$37.63
-0.1%
+19.7%$2.70B$2.89B72.445,080Analyst Forecast
News Coverage

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This page (NYSE:OTIS) was last updated on 11/21/2024 by MarketBeat.com Staff
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