Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. It uses 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, inter-modal, domestic air, and expedited and international. Its principal 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
SymbolNASDAQ:ECHO
CUSIP27875T10
Phone800-354-7993
Debt
Debt-to-Equity Ratio0.58
Current Ratio1.48
Quick Ratio1.48
Price-To-Earnings
Trailing P/E Ratio47.65
Forward P/E Ratio25.78
P/E Growth1.38
Sales & Book Value
Annual Sales$1.94 billion
Price / Sales0.46
Cash Flow$1.9656 per share
Price / Cash16.00
Book Value$12.86 per share
Price / Book2.45
Profitability
EPS (Most Recent Fiscal Year)$0.66
Net Income$12.62 million
Net Margins0.96%
Return on Equity7.50%
Return on Assets3.16%
Miscellaneous
Employees2,453
Outstanding Shares28,370,000
Market Cap$832.68
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 will Echo Global Logistics' stock buyback program work?
Echo Global Logistics announced that its board has authorized a share buyback plan on Sunday, June 4th 2017, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.
How were Echo Global Logistics' earnings last quarter?
Echo Global Logistics, Inc. (NASDAQ:ECHO) announced its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.10. The transportation company earned $577.10 million during the quarter, compared to analyst estimates of $538.90 million. Echo Global Logistics had a net margin of 0.96% and a return on equity of 7.50%. The company's revenue was up 38.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.09 EPS. View Echo Global Logistics' Earnings History.
When is Echo Global Logistics' next earnings date?
What price target have analysts set for ECHO?
10 analysts have issued 12 month target prices for Echo Global Logistics' shares. Their forecasts range from $21.00 to $40.00. On average, they anticipate Echo Global Logistics' stock price to reach $33.75 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Ratings for Echo Global Logistics.
What is the consensus analysts' recommendation for Echo Global Logistics?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Echo Global Logistics in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about Echo Global Logistics stock?
Here are some recent quotes from research analysts about Echo Global Logistics stock:
- 1. 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. " (4/30/2018)
- 2. Barrington Research analysts commented, "We are increasing our 2018 gross revenue estimate to $2.348 billion (from $2.199 billion) and raising our 2019 estimate to $2.53 billion (from $2.407 billion). Our 2018 adjusted EPS is now $1.40, up from $1.16 previously, while our 2019 estimate increases to $1.51 from $1.31. Our 2019 forecast assumes that top-line growth approximates increases in volume and does not factor in a meaningful benefit or headwind from rates." (4/26/2018)
- 3. UBS Group AG analysts commented, "Better execution in the market appears necessary but it is unclear whether the catalyst is people, new technology or perhaps entering a period of less intense competition," Wadewitz added.Finally, Echo's stock is trading at a P/E multiple of around 33x on the analyst's one year forward EPS estimate. And multiple may be unjustified amid a "more muted revenue growth outlook" and only expectations for a "modest" (7/28/2017)
Who are some of Echo Global Logistics' key competitors?
Who are Echo Global Logistics' key executives?
Echo Global Logistics' management team includes the folowing people:
- Mr. Douglas R. Waggoner, Chairman & Chief Exec. Officer (Age 59)
- Mr. David B. Menzel, Pres & COO (Age 56)
- Mr. Kyle L. Sauers, CFO & Sec. (Age 46)
- Mr. Timothy D. Kutz, Chief Information Officer
- Mr. Christopher N. Clemmensen, Sr. VP of Marketing
Has Echo Global Logistics been receiving favorable news coverage?
News stories about ECHO stock have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Echo Global Logistics earned a media sentiment score of 0.15 on Accern's scale. They also gave headlines about the transportation company an impact score of 46.04 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Echo Global Logistics' major shareholders?
Echo Global Logistics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Summit Creek Advisors LLC (1.02%), Bank of Montreal Can (0.16%), Cornerstone Wealth Management LLC (0.05%), Campbell & CO Investment Adviser LLC (0.04%) and Municipal Employees Retirement System of Michigan (0.03%). 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 Campbell & CO Investment Adviser LLC, Bank of Montreal Can and Municipal Employees Retirement System of Michigan. Company insiders that have sold Echo Global Logistics company stock in the last year include David B Menzel, Douglas R Waggoner, Kyle Sauers, Matthew Wagner Ferguson, Peter Rogers and Samuel K Skinner. View Insider Buying and Selling for Echo Global Logistics.
Which institutional investors are buying Echo Global Logistics stock?
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 $31.45.
How big of a company is Echo Global Logistics?
Echo Global Logistics has a market capitalization of $832.68 million and generates $1.94 billion in revenue each year. The transportation company earns $12.62 million in net income (profit) each year or $0.66 on an earnings per share basis. Echo Global Logistics employs 2,453 workers across the globe.
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)
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.
