Free Trial

Otis Worldwide (OTIS) Competitors

Otis Worldwide logo
$93.56 +0.69 (+0.74%)
(As of 12/20/2024 05:31 PM ET)

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

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), Energizer (ENR), and QuantumScape (QS). 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 community ranking, valuation, media sentiment, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.

Otis Worldwide presently has a consensus price target of $104.50, suggesting a potential upside of 11.69%. Given Otis Worldwide's higher probable upside, analysts clearly believe Otis Worldwide is more favorable than ABB.

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

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$14.21B2.63$1.41B$4.0123.33
ABB$32.24B3.16$3.75B$2.0926.17

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, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, ABB had 1 more articles in the media than Otis Worldwide. MarketBeat recorded 3 mentions for ABB and 2 mentions for Otis Worldwide. Otis Worldwide's average media sentiment score of 0.89 beat ABB's score of 0.56 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
1 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 20.65% of users gave Otis Worldwide an outperform vote.

CompanyUnderperformOutperform
Otis WorldwideOutperform Votes
19
20.65%
Underperform Votes
73
79.35%
ABBOutperform Votes
693
62.66%
Underperform Votes
413
37.34%

Otis Worldwide has a beta of 1.04, meaning that its share price is 4% more volatile than the S&P 500. Comparatively, ABB has a beta of 1.15, meaning that its share price is 15% more volatile than the S&P 500.

Otis Worldwide pays an annual dividend of $1.56 per share and has a dividend yield of 1.7%. ABB pays an annual dividend of $0.58 per share and has a dividend yield of 1.1%. 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.

Summary

ABB beats Otis Worldwide on 12 of the 19 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.
Skip Chart

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.
Skip Chart

OTIS vs. The Competition

MetricOtis WorldwideElectronic, electrical equipment & components, except computer equipment IndustryConstruction SectorNYSE Exchange
Market Cap$37.10B$71.39B$8.78B$19.18B
Dividend Yield1.66%1.46%1.89%3.61%
P/E Ratio23.3321.4927.8341.30
Price / Sales2.632.192.2917.58
Price / Cash23.8619.6722.2121.28
Price / Book-7.823.836.185.32
Net Income$1.41B$2.70B$516.58M$989.88M
7 Day Performance-4.33%-2.31%-4.53%-3.54%
1 Month Performance-6.58%-4.50%-5.00%-3.68%
1 Year Performance5.84%-5.59%36.42%12.14%

Otis Worldwide Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTIS
Otis Worldwide
4.5799 of 5 stars
$93.56
+0.7%
$104.50
+11.7%
+6.0%$37.10B$14.21B23.3371,000High Trading Volume
ABBNY
ABB
N/A$58.11
+0.8%
N/A+27.2%$108.12B$32.24B27.5750,300News Coverage
GEV
GE Vernova
2.5654 of 5 stars
$339.52
+2.3%
$314.35
-7.4%
N/A$93.59B$34.42B0.0080,000Buyback Announcement
RRX
Regal Rexnord
4.9786 of 5 stars
$166.25
-1.6%
$205.13
+23.4%
+7.8%$11.01B$6.25B53.2732,100Positive News
CAE
CAE
1.4224 of 5 stars
$23.50
+0.9%
$25.00
+6.4%
+13.5%$7.49B$4.43B-30.2313,000News Coverage
NOVT
Novanta
3.292 of 5 stars
$171.93
+3.4%
$169.00
-1.7%
-6.6%$6.18B$881.66M102.642,900Positive News
BE
Bloom Energy
3.2026 of 5 stars
$26.51
+3.6%
$22.45
-15.3%
+74.2%$6.06B$1.26B-45.202,377Positive News
FLNC
Fluence Energy
4.2677 of 5 stars
$16.97
-1.2%
$26.85
+58.2%
-33.9%$3.07B$2.70B132.081,595Analyst Downgrade
ATKR
Atkore
4.6701 of 5 stars
$84.80
0.0%
$118.80
+40.1%
-47.1%$2.96B$3.20B6.695,600Analyst Forecast
Analyst Revision
Positive News
ENR
Energizer
3.5528 of 5 stars
$36.73
-0.1%
$37.63
+2.4%
+12.1%$2.64B$2.89B70.875,600Analyst Downgrade
Positive News
QS
QuantumScape
1.0726 of 5 stars
$4.98
+1.8%
$6.26
+25.7%
-28.7%$2.55BN/A-5.15850Options Volume

Related Companies and Tools


This page (NYSE:OTIS) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners