OTIS vs. ABBNY, GEV, RRX, CAE, BE, NOVT, 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), Bloom Energy (BE), Novanta (NOVT), Fluence Energy (FLNC), Atkore (ATKR), Energizer (ENR), and QuantumScape (QS). These companies are all part of the "electrical equipment" industry.
Otis Worldwide vs.
ABB (NYSE:ABBNY) and Otis Worldwide (NYSE:OTIS) are both large-cap industrial products companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, community ranking, earnings, dividends, media sentiment, risk, valuation, institutional ownership and analyst recommendations.
Otis Worldwide has a consensus target price of $104.57, indicating a potential upside of 3.95%. Given Otis Worldwide's stronger consensus rating and higher probable upside, analysts plainly believe Otis Worldwide is more favorable than ABB.
In the previous week, Otis Worldwide had 18 more articles in the media than ABB. MarketBeat recorded 18 mentions for Otis Worldwide and 0 mentions for ABB. Otis Worldwide's average media sentiment score of 0.85 beat ABB's score of 0.00 indicating that Otis Worldwide is being referred to more favorably in the news media.
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 20.88% of users gave Otis Worldwide an outperform vote.
1.1% of ABB shares are held by institutional investors. Comparatively, 88.0% of Otis Worldwide shares are held by institutional investors. 4.9% of ABB shares are held by company insiders. Comparatively, 0.2% of Otis Worldwide shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
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.
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.
ABB pays an annual dividend of $0.58 per share and has a dividend yield of 1.0%. Otis Worldwide pays an annual dividend of $1.56 per share and has a dividend yield of 1.6%. ABB pays out 27.8% of its earnings in the form of a dividend. Otis Worldwide pays out 38.9% 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 has a beta of 1.15, indicating that its stock price is 15% more volatile than the S&P 500. Comparatively, Otis Worldwide has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500.
Summary
ABB beats Otis Worldwide on 11 of the 20 factors compared between the two stocks.
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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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This page (NYSE:OTIS) was last updated on 12/10/2024 by MarketBeat.com Staff