Otis Worldwide Corp vs Target Corporation — how do they compare? Otis Worldwide Corp trades at $70.61 (market cap $27.61B), while Target Corporation trades at $138.1 (market cap $63.40B). The key difference: Target Corporation is far larger — about 2.3× Otis Worldwide Corp's market cap, and Target Corporation pays the higher dividend (3.32%). Which is the better fit depends on your goals.
| OTIS | TGT | |
|---|---|---|
Market Cap | $27.61B | $63.40B |
Sector | Industrials | Consumer Cyclical |
52-Week High | $100.99 | $141.19 |
52-Week Low | $69.34 | $83.68 |
Enterprise Value | $34.99B | $78.70B |
Dividend Yield | 2.36% | 3.32% |
Trailing returns across standard periods
Latest headlines on both assets
Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.
Read more on OTIS →With 1,926 stores (as of the end of fiscal 2021), Target is a leading American general merchandise retailer, offering a variety of products across several categories, including beauty and household essentials (26% of fiscal 2021 sales), food and beverage (19%), home furnishings and décor (19%), hardlines (18%), and apparel and accessories (17%). Most of Target's stores are large, averaging more than 125,000 square feet. The company has a significant e-commerce presence, deriving around 19% of sales from the channel (up from about 9% in fiscal 2019, before the pandemic). In addition to its namesake stores, Target owns Shipt, an online same-day delivery platform. After it exited Canada in 2015, virtually all of Target's revenue is generated from the United States.
Read more on TGT →