NASDAQ:ECHOEcho Global Logistics Stock Price, Forecast & 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 $19.92 +0.69 (+3.59 %) (As of 05/26/2020 12:08 PM ET) Add Compare Share Today's Range$19.82Now: $19.92▼$20.1250-Day Range$14.95MA: $17.14▼$19.2352-Week Range$14.17Now: $19.92▼$24.50Volume4,603 shsAverage Volume243,774 shsMarket Capitalization$530.07 millionP/E Ratio64.26Dividend YieldN/ABeta1.33 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.70, Echo Global Logistics has a potential upside of 8.9% from its current price of $19.92.Amount of Analyst CoverageEcho Global Logistics has been the subject of 8 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 390 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEcho Global Logistics has received 376 “underperform” votes. (Add your “underperform” vote.)Community SentimentEcho Global Logistics has received 50.91% “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 not sold or bought any company stock.Percentage Held by InsidersOnly 2.60% of the stock of Echo Global Logistics is held by insiders.Percentage Held by Institutions97.97% 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 113.95% in the coming year, from $0.43 to $0.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Echo Global Logistics is 64.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Echo Global Logistics is 64.26, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 13.24.Price to Earnings Growth RatioEcho Global Logistics has a PEG Ratio of 2.53. 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 1.42. 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 Ratio0.53 Current Ratio1.42 Quick Ratio1.42Price-To-Earnings Trailing P/E Ratio64.26 Forward P/E Ratio46.33 P/E Growth2.53 Sales & Book Value Annual Sales$2.18 billion Price / Sales0.24 Cash Flow$2.63 per share Price / Cash Flow7.57 Book Value$14.04 per share Price / Book1.42Profitability EPS (Most Recent Fiscal Year)$1.15 Net Income$14.85 million Net Margins0.38% Return on Equity6.57% Return on Assets2.93%Miscellaneous Employees2,539 Outstanding Shares26,610,000Market Cap$530.07 million Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:ECHO Rates by TradingView 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 (Coronavirus)? Echo Global Logistics' stock was trading at $15.52 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ECHO shares have increased by 28.4% and is now trading at $19.92. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 4 hold ratings and 6 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, July 22nd 2020. View our earnings forecast for Echo Global Logistics. How were Echo Global Logistics' earnings last quarter? Echo Global Logistics, Inc. (NASDAQ:ECHO) issued its quarterly earnings results on Wednesday, April, 22nd. The transportation company reported $0.19 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.19. The transportation company had revenue of $551 million for the quarter, compared to analyst estimates of $550.89 million. Echo Global Logistics had a return on equity of 6.57% and a net margin of 0.38%. Echo Global Logistics's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 EPS. 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 second quarter 2020 After-Hours earnings guidance on Wednesday, April, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $450-500 million, compared to the consensus revenue estimate of $519.81 million. What price target have analysts set for ECHO? 10 brokerages have issued 12-month target prices for Echo Global Logistics' stock. Their forecasts range from $16.00 to $29.00. On average, they expect Echo Global Logistics' stock price to reach $21.70 in the next year. This suggests a possible upside of 8.9% from the stock's current price. View analysts' price targets for Echo Global Logistics. Has Echo Global Logistics been receiving favorable news coverage? News headlines about ECHO stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Echo Global Logistics earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave 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 immediate future. View the latest news aboutEcho Global Logistics. Are investors shorting Echo Global Logistics? Echo Global Logistics saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 1,610,000 shares, a drop of 9.0% from the March 31st total of 1,770,000 shares. Based on an average daily trading volume, of 265,400 shares, the days-to-cover ratio is presently 6.1 days. Approximately 6.2% of the company's shares are short sold. View Echo Global Logistics' Current Options Chain. 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), Forward Air (FWRD), Air Transport Services Group (ATSG), Atlas Air Worldwide (AAWW) 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), Advanced Micro Devices (AMD), Cypress Semiconductor (CY), Electronic Arts (EA), AT&T (T), Ford Motor (F), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA) and Oasis Petroleum (OAS). 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 shareholders include BlackRock Inc. (15.81%), ArrowMark Colorado Holdings LLC (5.37%), State Street Corp (3.54%), JPMorgan Chase & Co. (3.34%), Rice Hall James & Associates LLC (3.27%) and Scopus Asset Management L.P. (2.05%). Company insiders that own Echo Global Logistics stock include David B Menzel, Douglas R Waggoner, Kyle Sauers and Peter Rogers. 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 BlackRock Inc., JPMorgan Chase & Co., Rice Hall James & Associates LLC, North Star Asset Management Inc., Summit Creek Advisors LLC, Two Sigma Advisers LP, AQR Capital Management LLC, and Pacer Advisors Inc.. View insider buying and selling activity 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 Scopus Asset Management L.P., RK Capital Management LLC, ArrowMark Colorado Holdings LLC, State Street Corp, Nuveen Asset Management LLC, Alliancebernstein L.P., Geode Capital Management LLC, and Taylor Frigon Capital Management 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 $19.92. How big of a company is Echo Global Logistics? Echo Global Logistics has a market capitalization of $530.07 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 5/26/2020 by MarketBeat.com Staff
