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Otis Worldwide (OTIS) Competitors

Otis Worldwide logo
$100.06 -0.81 (-0.80%)
(As of 04:30 PM ET)

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ABB
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Otis Worldwide
1 Sell rating(s)
7 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.10

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.

Company Overall Sentiment
ABB Neutral
Otis Worldwide 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 20.88% of users gave Otis Worldwide an outperform vote.

CompanyUnderperformOutperform
ABBOutperform Votes
693
62.66%
Underperform Votes
413
37.34%
Otis WorldwideOutperform Votes
19
20.88%
Underperform Votes
72
79.12%

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.

Company Net Margins Return on Equity Return on Assets
ABB11.90% 27.58% 9.56%
Otis Worldwide 11.48%-31.28%15.29%

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
ABB$32.24B3.35$3.75B$2.0927.75
Otis Worldwide$14.21B2.83$1.41B$4.0125.09

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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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$40.19B$92.17B$9.68B$20.18B
Dividend Yield1.57%1.42%1.83%3.47%
P/E Ratio25.0922.5630.2143.34
Price / Sales2.832.713.6018.20
Price / Cash24.3519.9623.0818.56
Price / Book-8.403.916.575.68
Net Income$1.41B$2.70B$513.23M$985.83M
7 Day Performance-0.47%-1.54%-1.72%-0.74%
1 Month Performance0.57%-7.18%-0.71%1.18%
1 Year Performance14.97%2.26%51.38%23.65%

Otis Worldwide Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTIS
Otis Worldwide
4.3288 of 5 stars
$100.06
-0.8%
$104.57
+4.5%
+15.3%$39.97B$14.21B24.9571,000
ABBNY
ABB
N/A$58.89
-0.3%
N/A+43.8%$109.56B$32.24B28.2950,300
GEV
GE Vernova
3.0985 of 5 stars
$333.03
-3.9%
$294.19
-11.7%
N/A$91.80B$33.24B0.0080,000Analyst Forecast
Positive News
RRX
Regal Rexnord
4.597 of 5 stars
$170.67
+0.1%
$194.88
+14.2%
+37.7%$11.30B$6.25B53.7732,100Positive News
CAE
CAE
1.302 of 5 stars
$23.48
-0.1%
$25.00
+6.5%
+13.0%$7.48B$3.17B0.0013,000
BE
Bloom Energy
3.2937 of 5 stars
$26.83
-0.9%
$20.81
-22.5%
+91.1%$6.13B$1.26B-49.862,377Analyst Forecast
Positive News
Gap Down
NOVT
Novanta
1.9901 of 5 stars
$166.62
+0.5%
$169.00
+1.4%
+7.9%$5.98B$881.66M99.232,900Positive News
FLNC
Fluence Energy
4.3752 of 5 stars
$18.86
+11.5%
$26.85
+42.4%
-15.5%$3.42B$2.70B141.691,595Analyst Revision
Gap Down
ATKR
Atkore
4.3303 of 5 stars
$91.30
+2.6%
$118.80
+30.1%
-32.9%$3.19B$3.20B7.055,600Positive News
ENR
Energizer
4.1452 of 5 stars
$38.18
+0.8%
$37.63
-1.5%
+23.1%$2.75B$2.89B72.855,600
QS
QuantumScape
0.8596 of 5 stars
$5.19
+3.8%
$6.26
+20.6%
-24.8%$2.66BN/A-5.75850Insider Trade
High Trading Volume

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This page (NYSE:OTIS) was last updated on 12/10/2024 by MarketBeat.com Staff
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