Otis Worldwide Enjoys A Flywheel Business Model, Strong Recurring Revenue Base, And High Barriers To Entry [Seeking Alpha]
Otis Worldwide Corporation (OTIS)
Company Research
Source: Seeking Alpha
SummaryOtis Worldwide, spun off from from the new Raytheon Technologies, began trading as a standalone company on April 3rd and is a rare pure play on the vertical transportation market.Otis has an attractive flywheel business model in which its complementary business segments drive sales for each other.Otis operates in a business with increasing regulatory requirements along with a limited amount of available skilled labor, creating high barriers to entry for new competitors.Large service base of over 2 million units give Otis a large, recurring base of revenue that also insulates it from headwinds to global construction.High level of geographic diversification gives Otis strong leverage to global urbanization.With all of the chaos and volatility in
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OTIS
News
- Otis Worldwide (NYSE:OTIS) Expands Kaohsiung MRT Reach With 65 New Elevators And Escalators [Yahoo! Finance]Yahoo! Finance
- Otis Selected As Elevator and Escalator Supplier for Kaohsiung MRT Red Line ExtensionPR Newswire
- Otis Worldwide Co. (NYSE: OTIS) had its price target raised by analysts at Barclays PLC from $91.00 to $92.00. They now have an "underweight" rating on the stock.MarketBeat
- 3 Reasons to Avoid OTIS and 1 Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Otis Worldwide Insiders Sell US$6.2m Of Stock, Possibly Signalling Caution [Yahoo! Finance]Yahoo! Finance
OTIS
Earnings
- 1/29/25 - Miss
OTIS
Sec Filings
- 4/4/25 - Form ARS
- 4/4/25 - Form DEF
- 4/4/25 - Form DEFA14A
- OTIS's page on the SEC website