NASDAQ:ECHO Echo Global Logistics Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Echo Global Logistics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $25.92 +0.04 (+0.15 %) (As of 09/25/2020 03:59 PM ET) Add Compare Share Today's Range$25.47Now: $25.92▼$26.1450-Day Range$25.52MA: $26.84▼$27.9852-Week Range$14.17Now: $25.92▼$28.08Volume4,867 shsAverage Volume226,889 shsMarket Capitalization$689.73 millionP/E Ratio162.00Dividend YieldN/ABeta1.31 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. It utilizes a proprietary technology platform to compile and analyze data from its multi-modal network of transportation providers for the transportation and logistics needs. The company offers services in various transportation modes, such as truckload, less-than truckload, small parcel, domestic air, and expedited and international. Its transportation management and logistics services include rate negotiation; procurement of transportation; shipment execution and tracking; carrier management, selection, reporting, and compliance; executive dashboard presentations and detailed shipment reports; freight bill payment and audit; claims processing and service refund management; design and management of inbound client freight programs; individually configured Web portals and self-service data warehouses; enterprise resource planning integration with transactional shipment data; and integration of shipping applications into client e-commerce sites, as well as back-end reports customized to the internal reporting needs of the business. The company serves clients operating in various industries, such as manufacturing, construction, food and beverage, consumer products, and retail. Echo Global Logistics, Inc. was founded in 2005 and is headquartered in Chicago, Illinois.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingEcho Global Logistics has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.09, Echo Global Logistics has a forecasted downside of 3.2% from its current price of $25.92.Amount of Analyst CoverageEcho Global Logistics has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesEcho Global Logistics has received 400 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEcho Global Logistics has received 387 “underperform” votes. (Add your “underperform” vote.)Community SentimentEcho Global Logistics has received 50.83% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Echo Global Logistics and other stocks. Vote “Outperform” if you believe ECHO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ECHO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldEcho Global Logistics does not currently pay a dividend.Dividend GrowthEcho Global Logistics does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Echo Global Logistics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $230,400.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Echo Global Logistics is held by insiders.Percentage Held by Institutions97.16% of the stock of Echo Global Logistics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Echo Global Logistics are expected to grow by 98.25% in the coming year, from $0.57 to $1.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Echo Global Logistics is 162.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Echo Global Logistics is 162.00, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 18.74.Price to Earnings Growth RatioEcho Global Logistics has a PEG Ratio of 2.69. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEcho Global Logistics has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.54 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Freight transportation arrangement Sub-IndustryAir Freight & Logistics SectorTransportation Current SymbolNASDAQ:ECHO Previous Symbol CUSIP27875T10 CIK1426945 Webwww.echo.com Phone800-354-7993Debt Debt-to-Equity Ratio0.38 Current Ratio1.39 Quick Ratio1.39Price-To-Earnings Trailing P/E Ratio162.00 Forward P/E Ratio45.47 P/E Growth2.69 Sales & Book Value Annual Sales$2.18 billion Price / Sales0.32 Cash Flow$2.47 per share Price / Cash Flow10.48 Book Value$14.04 per share Price / Book1.85Profitability EPS (Most Recent Fiscal Year)$1.15 Net Income$14.85 million Net Margins0.20% Return on Equity5.11% Return on Assets2.30%Miscellaneous Employees2,539 Outstanding Shares26,610,000Market Cap$689.73 million Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $25.92 +0.04 (+0.15 %) (As of 09/25/2020 03:59 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ECHO News and Ratings via Email Sign-up to receive the latest news and ratings for ECHO and its competitors with MarketBeat's FREE daily newsletter. Echo Global Logistics (NASDAQ:ECHO) Frequently Asked Questions How has Echo Global Logistics' stock been impacted by COVID-19? Echo Global Logistics' stock was trading at $15.52 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ECHO shares have increased by 67.0% and is now trading at $25.92. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Echo Global Logistics? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Echo Global Logistics in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Echo Global Logistics. When is Echo Global Logistics' next earnings date? Echo Global Logistics is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020. View our earnings forecast for Echo Global Logistics. How were Echo Global Logistics' earnings last quarter? Echo Global Logistics, Inc. (NASDAQ:ECHO) released its quarterly earnings data on Wednesday, July, 22nd. The transportation company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.16. The transportation company earned $514.72 million during the quarter, compared to analyst estimates of $466.76 million. Echo Global Logistics had a net margin of 0.20% and a return on equity of 5.11%. View Echo Global Logistics' earnings history. What guidance has Echo Global Logistics issued on next quarter's earnings? Echo Global Logistics issued an update on its third quarter 2020 After-Hours earnings guidance on Wednesday, July, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $565-615 million, compared to the consensus revenue estimate of $517.93 million. What price target have analysts set for ECHO? 11 brokers have issued 1 year price targets for Echo Global Logistics' shares. Their forecasts range from $19.00 to $30.00. On average, they anticipate Echo Global Logistics' stock price to reach $25.09 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View analysts' price targets for Echo Global Logistics. Who are some of Echo Global Logistics' key competitors? Some companies that are related to Echo Global Logistics include United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Hub Group (HUBG), Atlas Air Worldwide (AAWW), Forward Air (FWRD), Air Transport Services Group (ATSG) and Park-Ohio (PKOH). View all competitors. What other stocks do shareholders of Echo Global Logistics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Echo Global Logistics investors own include Energy Transfer LP Unit (ET), AT&T (T), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Cypress Semiconductor (CY), Electronic Arts (EA) and Activision Blizzard (ATVI). Who are Echo Global Logistics' key executives? Echo Global Logistics' management team includes the following people: Mr. Douglas R. Waggoner, Chairman & CEO (Age 60)Mr. David B. Menzel, Pres & COO (Age 57)Mr. Kyle L. Sauers, CFO & Sec. (Age 47)Mr. Miles English, Chief Information OfficerMr. Christopher N. Clemmensen, Sr. VP of Marketing What is Echo Global Logistics' stock symbol? Echo Global Logistics trades on the NASDAQ under the ticker symbol "ECHO." Who are Echo Global Logistics' major shareholders? Echo Global Logistics' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.41%), ArrowMark Colorado Holdings LLC (5.49%), Goldman Sachs Group Inc. (2.70%), Emerald Advisers LLC (2.42%), RK Capital Management LLC (2.25%) and Emerald Mutual Fund Advisers Trust (2.21%). Company insiders that own Echo Global Logistics stock include David B Menzel, Kyle Sauers and Peter Rogers. View institutional ownership trends for Echo Global Logistics. Which major investors are selling Echo Global Logistics stock? ECHO stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Bank of New York Mellon Corp, FMR LLC, FMR LLC, Bank of America Corp DE, North Star Asset Management Inc., Goldman Sachs Group Inc., and PDT Partners LLC. Company insiders that have sold Echo Global Logistics company stock in the last year include David B Menzel, and Kyle Sauers. View insider buying and selling activity for Echo Global Logistics. Which major investors are buying Echo Global Logistics stock? ECHO stock was bought by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Summit Creek Advisors LLC, Silvercrest Asset Management Group LLC, RK Capital Management LLC, Stephens Investment Management Group LLC, Bank of Montreal Can, and ArrowMark Colorado Holdings LLC. View insider buying and selling activity for Echo Global Logistics. How do I buy shares of Echo Global Logistics? Shares of ECHO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Echo Global Logistics' stock price today? One share of ECHO stock can currently be purchased for approximately $25.92. How big of a company is Echo Global Logistics? Echo Global Logistics has a market capitalization of $689.73 million and generates $2.18 billion in revenue each year. The transportation company earns $14.85 million in net income (profit) each year or $1.15 on an earnings per share basis. Echo Global Logistics employs 2,539 workers across the globe. What is Echo Global Logistics' official website? The official website for Echo Global Logistics is www.echo.com. How can I contact Echo Global Logistics? Echo Global Logistics' mailing address is 600 WEST CHICAGO AVENUE SUITE 725, CHICAGO IL, 60654. The transportation company can be reached via phone at 800-354-7993 or via email at [email protected] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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