Elevators
Search documents
Otis Worldwide Corporation (OTIS) Stock Analysis
Financial Modeling Prep· 2026-01-31 02:16
Core Viewpoint - Otis Worldwide Corporation is a leading manufacturer and service provider in the elevator and escalator industry, facing challenges but maintaining a positive outlook for future performance [1][2][3]. Financial Performance - On January 30, 2026, New Street set a price target of $98 for NYSE:OTIS, indicating a potential increase of approximately 15.87% from the stock's price of $84.58 at that time [2][5]. - The fourth-quarter 2025 earnings met the Zacks Consensus Estimate, but net sales fell short, indicating areas for improvement [2][5]. Segment Performance - Otis's Service segment demonstrated strong performance, driven by maintenance and modernization activities, which is crucial given the weaker demand for new equipment, particularly in China and the Americas [3][5]. Stock Performance - Currently, NYSE:OTIS trades at $85.42, a decrease of approximately 2% from the previous day, with a trading volume of 5,526,716 shares [4]. - Over the past year, OTIS has experienced a high of $106.83 and a low of $84.00, reflecting some volatility in its stock price [4].
Otis Worldwide Q4 Earnings Call Highlights
Yahoo Finance· 2026-01-28 17:57
Otis also highlighted record quarterly adjusted free cash flow of $817 million, which Marks said reflected an ongoing focus on collections and working capital efficiency. For the full year, Otis reported approximately $1.6 billion of adjusted free cash flow and said it returned about $1.5 billion to shareholders through dividends and repurchases, while investing roughly $100 million in bolt-on acquisitions aimed at strengthening its service portfolio and expanding in key markets.Adjusted operating profit ma ...
CEO hot takes: Elevator manufacturer on robots, AI data centers, and an economic boom
Yahoo Finance· 2026-01-28 14:39
You really shouldn't be surprised by the market takes of a leading elevator maker, from the AI capex boom to the health of the US economy. At this intersection is where we find elevator giant Otis Worldwide (OTIS), founded in 1853. The company reported on Wednesday that fourth quarter sales and earnings per share rose 3% and 11% year over year, respectively. Earnings per share came in line with analyst forecasts. Consistent to recent quarters, Otis' business was powered by its higher margin services s ...
Savaria to Host Investor Day
Globenewswire· 2026-01-14 14:00
Core Insights - Savaria Corporation, a global leader in the accessibility industry, is hosting an Investor Day on April 14, 2026, in the Greater Toronto Area, featuring management presentations and a tour of its manufacturing facility in Brampton [1] Company Overview - Savaria Corporation specializes in providing accessibility solutions for the physically challenged, enhancing comfort, mobility, and independence [3] - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, medical beds, and pressure management products [3] - Savaria operates a global sales network with approximately 2,500 employees and manufacturing plants in Canada, the United States, Mexico, Europe, and China [3]
Otis New Equipment Project Wins Industry Award
Prnewswire· 2025-12-05 12:00
Core Insights - Otis Worldwide Corporation's project at Incheon International Airport has been awarded the Project of the Year by Elevator World magazine, highlighting its expertise in serving major infrastructure projects [1] - The Incheon project was recognized in the Moving Walks category, contributing to the airport's capacity to handle 106 million passengers annually [1] Company Achievements - Otis installed a total of 172 elevators, escalators, and moving walks in the newly extended Terminal 2 of Incheon International Airport, including 20 elevators, 80 escalators, and 72 moving walks [1] - The project features Asia's longest continuous moving walks, with lengths of 125 meters and 136 meters, showcasing Otis's innovative dual-motor solution [1] Project Management - The successful installation required meticulous planning and effective communication with various stakeholders to meet complex construction schedules [1] - Otis conducted six rounds of quality testing after the installation to ensure safety and performance standards were met [1] Historical Context - Since the airport's opening in 2001, Otis has installed a total of 650 elevators, escalators, and moving walks, enhancing accessibility for millions of visitors [1]
Are Wall Street Analysts Predicting Otis Worldwide Stock Will Climb or Sink?
Yahoo Finance· 2025-11-12 18:15
Core Viewpoint - Otis Worldwide Corporation is a leading player in the elevator and escalator industry, with a market capitalization of $35.2 billion, and is focusing on innovation and digitalization to maintain its market leadership [1]. Financial Performance - In Q3, Otis reported net sales of $3.7 billion, a 4% year-over-year increase, exceeding consensus estimates by 1.1% [4]. - The adjusted EPS for the quarter grew 9.4% year-over-year to $1.05, surpassing analyst expectations by 5% [4]. - For the current fiscal year, analysts project a 5.5% year-over-year growth in EPS to $4.04 [5]. Stock Performance - Over the past 52 weeks, Otis shares have declined by 8%, underperforming the S&P 500 Index, which increased by 14.1% [2]. - Year-to-date, the stock is down slightly, while the S&P 500 has returned 16.4% [2]. - Compared to the Industrial Select Sector SPDR Fund, which rose by 9.3% over the past 52 weeks and 17.7% year-to-date, Otis has also lagged [3]. Analyst Ratings - The consensus rating among 13 analysts covering Otis is a "Moderate Buy," with ratings including four "Strong Buy," one "Moderate Buy," seven "Hold," and one "Strong Sell" [5]. - A recent analysis from Wells Fargo maintained a "Hold" rating with a price target of $95, indicating a potential upside of 3.7% from current levels [6].
Jim Cramer on Otis Worldwide: “It’s Less Hostage to the Broader Global Economy Than You’d Expect”
Yahoo Finance· 2025-10-31 13:41
Group 1 - Otis Worldwide Corporation is a leading player in the elevator industry, recently discussed by Jim Cramer, who noted a significant improvement in the company's latest earnings report compared to the previous one [1] - The latest earnings report showed a slight revenue beat and a solid earnings beat of 5 cents per share on a dollar basis, indicating a positive trend for the company [1] - In July, the company experienced a 12% decline in stock price following mixed earnings results, but the recent report suggests a recovery [1] Group 2 - Otis Worldwide Corporation specializes in designing, manufacturing, installing, and servicing elevators, escalators, and moving walkways for various projects, including residential, commercial, and infrastructure [2]
Savaria Announces Date for Third Quarter 2025 Financial Results
Globenewswire· 2025-10-27 13:16
Core Insights - Savaria Corporation, a global leader in the accessibility industry, will release its financial results for Q3 2025 on November 5, 2025, after market close [1] - An investor conference call and webcast is scheduled for November 6, 2025, at 8:30 a.m. ET, where investors and media can participate on a listen-only basis [1] Company Overview - Savaria Corporation specializes in providing accessibility solutions for the physically challenged, enhancing comfort, mobility, and independence [2] - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, pressure management products, medical beds, and equipment for safe patient handling [2] - Savaria operates a global sales network with approximately 2,500 employees and manufacturing plants in Canada, the United States, Mexico, Europe, and China [2]
Otis Worldwide's Q3 2025 Earnings: What to Expect
Yahoo Finance· 2025-10-09 12:43
Core Insights - Otis Worldwide Corporation, based in Farmington, Connecticut, specializes in vertical transportation systems, including elevators, escalators, and moving walkways, with a market capitalization of $35.8 billion [1] Financial Performance - Analysts anticipate Otis to report a fiscal Q3 profit of $1 per share, reflecting a 4.2% increase from $0.96 per share in the same quarter last year [2] - For the current fiscal year ending in December, the expected profit is $4.03 per share, a 5.2% rise from $3.83 per share in fiscal 2024, with further growth projected to $4.32 per share in fiscal 2026, representing a 7.2% year-over-year increase [3] Stock Performance - Over the past 52 weeks, Otis shares have decreased by 9.8%, underperforming the S&P 500 Index, which rose by 17.4%, and the Industrial Select Sector SPDR Fund, which increased by 14.8% [4] - Following the mixed Q2 results, Otis shares fell by 12.4%, with overall revenue declining slightly year-over-year to $3.6 billion, which was 2.2% below analyst expectations [5] Analyst Ratings - The overall consensus among Wall Street analysts is a "Hold" rating for Otis, with four recommending "Strong Buy," one suggesting "Moderate Buy," six advising "Hold," and two indicating "Strong Sell" [6] - The mean price target for Otis is $99.91, suggesting a potential upside of 9.5% from current levels [6]
Savaria Increases Dividend By 3.7%
Globenewswire· 2025-09-15 13:00
Core Points - Savaria Corporation has announced an increase in its monthly dividend to 4.67 cents per common share, representing an annual increase of 3.7% to 56 cents per share [1] - The dividend increase reflects the company's confidence in future profitability and its ability to maintain balance sheet flexibility for debt repayment and growth investments [2] Company Overview - Savaria Corporation is a global leader in the accessibility industry, providing solutions for the physically challenged to enhance comfort, mobility, and independence [3] - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, pressure management products, medical beds, and equipment for safe patient handling [3] - Savaria operates a worldwide sales network and employs approximately 2,500 people, with manufacturing plants located in Canada, the United States, Mexico, Europe, and China [3]