About Echo Global Logistics
Echo Global Logistics, Inc. is a provider of technology-enabled transportation and supply chain management solutions. The Company utilizes a technology platform to compile and analyze data from its multi-modal network of transportation providers to facilitate its transportation and logistics services. The Company focuses primarily on arranging transportation by truckload (TL) and less than truckload (LTL) carriers. It also offers intermodal (which involves moving a shipment by rail and truck), small parcel, domestic air, expedited and international transportation services. The Company's core logistics services include rate negotiation, shipment execution and tracking, carrier management, routing compliance and performance management reporting. It procures transportation and provides logistics services for clients across industries, such as manufacturing, construction, consumer products and retail. Its clients fall into two categories: Managed Transportation and Transactional.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Trucking
- Sub-Industry: Air Freight & Logistics
- Exchange: NASDAQ
- Symbol: ECHO
- CUSIP: 27875T10
- Previous Close: $22.80
- 50 Day Moving Average: $24.17
- 200 Day Moving Average: $24.45
- 52-Week Range: $20.25 - $28.90
- Trailing P/E Ratio: 455.00
- Foreward P/E Ratio: 16.98
- P/E Growth: 0.89
- Market Cap: $674.70M
- Outstanding Shares: 29,657,000
- Beta: 1.37
- Net Margins: 0.09%
- Return on Equity: 4.32%
- Return on Assets: 2.09%
Companies Related to Echo Global Logistics:
- Debt-to-Equity Ratio: 0.57%
- Current Ratio: 1.60%
- Quick Ratio: 1.61%
What is Echo Global Logistics' stock symbol?
Echo Global Logistics trades on the NASDAQ under the ticker symbol "ECHO."
Where is Echo Global Logistics' stock going? Where will Echo Global Logistics' stock price be in 2017?
5 analysts have issued 12 month price targets for Echo Global Logistics' shares. Their predictions range from $27.00 to $32.00. On average, they anticipate Echo Global Logistics' stock price to reach $29.60 in the next twelve months.
When will Echo Global Logistics announce their earnings?
Echo Global Logistics is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about Echo Global Logistics stock?
Here are some recent quotes from research analysts about Echo Global Logistics stock:
According to Zacks Investment Research, "Echo Global Logistics is a leading provider of technology enabled transportation and supply chain management services, delivered on a proprietary technology platform, serving the transportation and logistics needs of its clients. The company's web-based technology platform compiles and analyzes data from its network of over 22,000 transportation providers to serve its clients' shipping and freight management needs. Echo procures transportation and provides logistics services for more than 11,600 clients across a wide range of industries, such as manufacturing, construction, consumer products and retail. Echo Global Logistics, Inc. is headquartered in Chicago, Illinois. " (2/16/2017)
J P Morgan Chase & Co analysts commented, "We are maintaining our Overweight rating on ECHO and $31 Dec 2017 price target. Our thesis on the stock remains unchanged since our July 11 initiation; Echo has multiple offsets to manage through cyclical margin pressure in truckload brokerage. Synergies from the 2015 Command acquisition began to emerge ahead of the integrated truckload technology platform launch as the new salesforce has already generated contributions utilizing legacy Echo’s LTL and managed transportation products. In addition to revenue and newly disclosed operating synergies, we believe Echo’s relative high LTL leverage and low TL contract put the company in a favorable position versus peers. Moreover, ECHO remains a gross revenue growth story at its current stage unlike peers whose outlook is tied to net revenue growth and margins; in a rising fuel environment the company benefits more from higher gross revenues." (7/29/2016)
Who owns Echo Global Logistics stock?
Echo Global Logistics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.50%), Janus Capital Management LLC (3.20%), State Street Corp (2.46%), Russell Investments Group Ltd. (1.87%), Luminus Management LLC (1.75%) and Loomis Sayles & Co. L P (1.73%). Company insiders that own Echo Global Logistics stock include Bradley A Keywell, David B Menzel, Douglas R Waggoner and Kyle Sauers.
Who sold Echo Global Logistics stock? Who is selling Echo Global Logistics stock?
Echo Global Logistics' stock was sold by a variety of institutional investors in the last quarter, including Metropolitan Life Insurance Co. NY, Frontier Capital Management Co. LLC, Employees Retirement System of Texas and Pitcairn Co.. Company insiders that have sold Echo Global Logistics stock in the last year include David B Menzel, Douglas R Waggoner and Kyle Sauers.
Who bought Echo Global Logistics stock? Who is buying Echo Global Logistics stock?
Echo Global Logistics' stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Luminus Management LLC, Loomis Sayles & Co. L P, Janus Capital Management LLC, Franklin Resources Inc., Dimensional Fund Advisors LP, State Street Corp and Elkfork Partners LLC.
How do I buy Echo Global Logistics stock?
Shares of Echo Global Logistics can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Echo Global Logistics stock cost?
One share of Echo Global Logistics stock can currently be purchased for approximately $22.75.