NASDAQ:ECHO - Echo Global Logistics Stock Price, News & Analysis

$19.74
+0.49 (+2.55 %)
(As of 08/18/2019 08:59 AM ET)
Today's Range
$19.37
Now: $19.74
$19.95
50-Day Range
$19.00
MA: $20.08
$21.43
52-Week Range
$18.00
Now: $19.74
$36.75
Volume186,500 shs
Average Volume258,577 shs
Market Capitalization$538.51 million
P/E Ratio12.58
Dividend YieldN/A
Beta2
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. Read More…

Industry, Sector and Symbol

Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:ECHO
CUSIP27875T10
Phone800-354-7993

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.44 billion
Cash Flow$2.9375 per share
Book Value$13.77 per share

Profitability

Net Income$28.72 million

Miscellaneous

Employees2,595
Market Cap$538.51 million
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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Echo Global Logistics (NASDAQ:ECHO) Frequently Asked Questions

What is Echo Global Logistics' stock symbol?

Echo Global Logistics trades on the NASDAQ under the ticker symbol "ECHO."

How were Echo Global Logistics' earnings last quarter?

Echo Global Logistics, Inc. (NASDAQ:ECHO) released its earnings results on Wednesday, July, 24th. The transportation company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.03. The transportation company had revenue of $553.78 million for the quarter, compared to the consensus estimate of $572.60 million. Echo Global Logistics had a return on equity of 11.03% and a net margin of 1.07%. The firm's revenue for the quarter was down 12.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 earnings per share. View Echo Global Logistics' Earnings History.

When is Echo Global Logistics' next earnings date?

Echo Global Logistics is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Echo Global Logistics.

What guidance has Echo Global Logistics issued on next quarter's earnings?

Echo Global Logistics updated its FY 2019 earnings guidance on Wednesday, July, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.1-2.25 billion, compared to the consensus revenue estimate of $2.32 billion.

What price target have analysts set for ECHO?

9 brokerages have issued 1-year price objectives for Echo Global Logistics' shares. Their predictions range from $22.00 to $30.00. On average, they anticipate Echo Global Logistics' share price to reach $25.1250 in the next year. This suggests a possible upside of 27.3% from the stock's current price. View Analyst Price Targets for Echo Global Logistics.

What is the consensus analysts' recommendation for Echo Global Logistics?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Echo Global Logistics in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Echo Global Logistics.

Has Echo Global Logistics been receiving favorable news coverage?

Media coverage about ECHO stock has trended negative on Sunday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Echo Global Logistics earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave news headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Echo Global Logistics.

Are investors shorting Echo Global Logistics?

Echo Global Logistics saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 1,644,600 shares, a drop of 9.1% from the June 30th total of 1,809,500 shares. Based on an average daily volume of 254,900 shares, the days-to-cover ratio is presently 6.5 days. Approximately 6.1% of the shares of the stock are short sold. View Echo Global Logistics' Current Options Chain.

Who are some of Echo Global Logistics' key 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), NVIDIA (NVDA), Advanced Micro Devices (AMD), Cypress Semiconductor (CY), Micron Technology (MU), Electronic Arts (EA), Intel (INTC), Alibaba Group (BABA), Chemours (CC) and Ciena (CIEN).

Who are Echo Global Logistics' key executives?

Echo Global Logistics' management team includes the folowing 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 Officer
  • Mr. Christopher N. Clemmensen, Sr. VP of Marketing

Who are Echo Global Logistics' major shareholders?

Echo Global Logistics' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.88%), Vanguard Group Inc. (8.01%), Rice Hall James & Associates LLC (3.91%), Northern Trust Corp (2.30%), Charles Schwab Investment Management Inc. (1.73%) and Stephens Investment Management Group LLC (1.73%). Company insiders that own Echo Global Logistics stock include David B Menzel, Douglas R Waggoner, Kyle Sauers, Matthew Wagner Ferguson, Peter Rogers and Samuel K Skinner. View Institutional Ownership Trends for Echo Global Logistics.

Which institutional investors are selling Echo Global Logistics stock?

ECHO stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Isthmus Partners LLC, Chicago Equity Partners LLC, Dana Investment Advisors Inc., Susquehanna International Group LLP, Renaissance Technologies LLC, Parametric Portfolio Associates LLC and Marshall Wace LLP. Company insiders that have sold Echo Global Logistics company stock in the last year include Douglas R Waggoner and Peter Rogers. View Insider Buying and Selling for Echo Global Logistics.

Which institutional investors are buying Echo Global Logistics stock?

ECHO stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, D. E. Shaw & Co. Inc., AMI Asset Management Corp, Invesco Ltd., Charles Schwab Investment Management Inc., Acadian Asset Management LLC, BlackRock Inc. and A.R.T. Advisors LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Echo Global Logistics' stock price today?

One share of ECHO stock can currently be purchased for approximately $19.74.

How big of a company is Echo Global Logistics?

Echo Global Logistics has a market capitalization of $538.51 million and generates $2.44 billion in revenue each year. The transportation company earns $28.72 million in net income (profit) each year or $1.62 on an earnings per share basis. Echo Global Logistics employs 2,595 workers across the globe.View Additional Information About Echo Global Logistics.

What is Echo Global Logistics' official website?

The official website for Echo Global Logistics is http://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]


MarketBeat Community Rating for Echo Global Logistics (NASDAQ ECHO)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  651
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.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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