Otis Worldwide (OTIS) Competitors

$94.52
+0.64 (+0.68%)
(As of 05/8/2024 ET)

OTIS vs. MLM, PWR, VMC, HWM, LEN, URI, DHI, PHM, NVR, and ROL

Should you be buying Otis Worldwide stock or one of its competitors? The main competitors of Otis Worldwide include Martin Marietta Materials (MLM), Quanta Services (PWR), Vulcan Materials (VMC), Howmet Aerospace (HWM), Lennar (LEN), United Rentals (URI), D.R. Horton (DHI), PulteGroup (PHM), NVR (NVR), and Rollins (ROL). These companies are all part of the "construction" sector.

Otis Worldwide vs.

Otis Worldwide (NYSE:OTIS) and Martin Marietta Materials (NYSE:MLM) are both large-cap construction companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, profitability, risk, institutional ownership, community ranking, media sentiment, analyst recommendations and dividends.

In the previous week, Otis Worldwide had 4 more articles in the media than Martin Marietta Materials. MarketBeat recorded 13 mentions for Otis Worldwide and 9 mentions for Martin Marietta Materials. Martin Marietta Materials' average media sentiment score of 0.71 beat Otis Worldwide's score of 0.70 indicating that Martin Marietta Materials is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Otis Worldwide
7 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Martin Marietta Materials
6 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Martin Marietta Materials received 466 more outperform votes than Otis Worldwide when rated by MarketBeat users. Likewise, 63.89% of users gave Martin Marietta Materials an outperform vote while only 21.52% of users gave Otis Worldwide an outperform vote.

CompanyUnderperformOutperform
Otis WorldwideOutperform Votes
17
21.52%
Underperform Votes
62
78.48%
Martin Marietta MaterialsOutperform Votes
483
63.89%
Underperform Votes
273
36.11%

Otis Worldwide pays an annual dividend of $1.36 per share and has a dividend yield of 1.4%. Martin Marietta Materials pays an annual dividend of $2.96 per share and has a dividend yield of 0.5%. Otis Worldwide pays out 39.3% of its earnings in the form of a dividend. Martin Marietta Materials pays out 8.8% 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Otis Worldwide$14.21B2.69$1.41B$3.4627.32
Martin Marietta Materials$6.78B5.43$1.17B$33.7517.68

Otis Worldwide currently has a consensus target price of $96.86, suggesting a potential upside of 2.47%. Martin Marietta Materials has a consensus target price of $598.17, suggesting a potential upside of 0.26%. Given Otis Worldwide's higher possible upside, analysts plainly believe Otis Worldwide is more favorable than Martin Marietta Materials.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Otis Worldwide
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Martin Marietta Materials
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.77

88.0% of Otis Worldwide shares are held by institutional investors. Comparatively, 95.0% of Martin Marietta Materials shares are held by institutional investors. 0.2% of Otis Worldwide shares are held by company insiders. Comparatively, 0.7% of Martin Marietta Materials shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Otis Worldwide has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500. Comparatively, Martin Marietta Materials has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500.

Martin Marietta Materials has a net margin of 31.35% compared to Otis Worldwide's net margin of 9.99%. Martin Marietta Materials' return on equity of 14.74% beat Otis Worldwide's return on equity.

Company Net Margins Return on Equity Return on Assets
Otis Worldwide9.99% -31.02% 14.79%
Martin Marietta Materials 31.35%14.74%7.70%

Summary

Martin Marietta Materials beats Otis Worldwide on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OTIS 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$38.22B$70.28B$8.65B$17.72B
Dividend Yield1.48%1.52%1.99%3.52%
P/E Ratio27.3220.8925.0124.80
Price / Sales2.692.304.0710.75
Price / Cash22.4719.6415.3615.59
Price / Book-7.903.555.275.10
Net Income$1.41B$3.93B$499.38M$967.52M
7 Day Performance3.00%1.99%1.96%1.66%
1 Month Performance-4.64%0.54%-0.19%-1.43%
1 Year Performance10.62%3.80%32.18%108.46%

Otis Worldwide Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MLM
Martin Marietta Materials
4.0917 of 5 stars
$598.81
-0.2%
$598.17
-0.1%
+50.5%$36.91B$6.78B17.749,400Analyst Downgrade
PWR
Quanta Services
3.7448 of 5 stars
$266.86
-1.0%
$256.15
-4.0%
+56.8%$39.07B$20.88B51.7252,500Analyst Forecast
Analyst Revision
VMC
Vulcan Materials
3.9585 of 5 stars
$268.44
+0.7%
$277.08
+3.2%
+38.9%$35.50B$7.78B39.1910,382Earnings Report
HWM
Howmet Aerospace
3.7317 of 5 stars
$79.83
-0.4%
$73.67
-7.7%
+85.8%$32.59B$6.64B38.5723,200Earnings Report
Analyst Forecast
LEN
Lennar
4.51 of 5 stars
$161.10
+0.0%
$163.88
+1.7%
+38.2%$44.84B$34.23B11.2912,284
URI
United Rentals
4.2914 of 5 stars
$674.88
-1.2%
$600.79
-11.0%
+98.8%$44.94B$14.33B18.2826,300Analyst Revision
Positive News
DHI
D.R. Horton
4.745 of 5 stars
$151.42
+0.1%
$158.06
+4.4%
+36.2%$49.81B$37.06B10.3113,450Analyst Forecast
Insider Selling
PHM
PulteGroup
4.536 of 5 stars
$116.95
-0.6%
$111.73
-4.5%
+70.9%$24.60B$16.06B9.366,382Dividend Announcement
Positive News
NVR
NVR
2.7794 of 5 stars
$7,754.42
+1.7%
$7,225.00
-6.8%
+29.2%$24.58B$9.31B16.166,300
ROL
Rollins
3.2934 of 5 stars
$47.18
+0.2%
$47.00
-0.4%
+11.9%$22.85B$3.07B53.0119,031

Related Companies and Tools

This page (NYSE:OTIS) was last updated on 5/9/2024 by MarketBeat.com Staff

From Our Partners