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

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$21.03 -0.51 (-2.37 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$21.03
Today's Range$20.61 - $21.56
52-Week Range$20.61 - $36.75
Volume460,414 shs
Average Volume272,790 shs
Market Capitalization$614.91 million
P/E Ratio31.86
Dividend YieldN/A
Beta1.8
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:ECHO
Previous Symbol
CUSIP27875T10
Phone800-354-7993

Debt

Debt-to-Equity Ratio0.55
Current Ratio1.51
Quick Ratio1.51

Price-To-Earnings

Trailing P/E Ratio31.86
Forward P/E Ratio13.48
P/E Growth0.79

Sales & Book Value

Annual Sales$1.94 billion
Price / Sales0.31
Cash Flow$1.7913 per share
Price / Cash Flow11.74
Book Value$12.86 per share
Price / Book1.64

Profitability

EPS (Most Recent Fiscal Year)$0.66
Net Income$12.62 million
Net Margins1.46%
Return on Equity11.25%
Return on Assets4.66%

Miscellaneous

Employees2,453
Outstanding Shares28,550,000
Market Cap$614.91 million
OptionableOptionable

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 declared that its board has initiated a share repurchase program 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 shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

How were Echo Global Logistics' earnings last quarter?

Echo Global Logistics, Inc. (NASDAQ:ECHO) posted its earnings results on Wednesday, October, 24th. The transportation company reported $0.55 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.46 by $0.09. The transportation company earned $644.82 million during the quarter, compared to analyst estimates of $632.54 million. Echo Global Logistics had a net margin of 1.46% and a return on equity of 11.25%. 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, February 6th 2019. View Earnings Estimates for Echo Global Logistics.

What price target have analysts set for ECHO?

10 Wall Street analysts have issued 1-year target prices for Echo Global Logistics' stock. Their forecasts range from $22.00 to $40.00. On average, they anticipate Echo Global Logistics' share price to reach $33.00 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price. View Analyst Price Targets 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, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Echo Global Logistics.

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. " (11/1/2018)
  • 2. Barrington Research analysts commented, "We forecast gross revenue of $630.5 million (+23.7% YOY). Guidance is $610-650 million (up 20-28% FactSet consensus is $634.8 million. We believe that Q3/18 growth continued to benefit from relatively favorable market conditions, including solid freight demand and constrained trucking capacity (supported by ongoing driver shortages in a tight labor market). Gross revenue growth in Q3/18 likely continued to benefit from higher truckload rates resulting from these market conditions. The average of weekly van rates published by DAT Trendlines in Q3/18 increased 20% versus last year’s third quarter average. However, the magnitude of year-over-year increases moderated throughout the quarter as year-over-year comparisons became more difficult and as rates came down from record highs reached in July." (10/24/2018)

Has Echo Global Logistics been receiving favorable news coverage?

Media coverage about ECHO stock has trended very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Echo Global Logistics earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

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 & CEO (Age 59)
  • Mr. David B. Menzel, Pres & COO (Age 56)
  • Mr. Kyle L. Sauers, CFO & Sec. (Age 46)
  • Mr. Christopher N. Clemmensen, Sr. VP of Marketing
  • Mr. Sean Burke, Chief Commercial Officer

Who are Echo Global Logistics' major shareholders?

Echo Global Logistics' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.97%), Dimensional Fund Advisors LP (8.30%), Vanguard Group Inc. (7.14%), Vanguard Group Inc (7.14%), Standard Life Aberdeen plc (4.86%) and Standard Life Aberdeen plc (4.86%). 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 Hsbc Holdings PLC, TIAA CREF Investment Management LLC, United Services Automobile Association, AMI Asset Management Corp, Renaissance Technologies LLC, Rice Hall James & Associates LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Taylor Frigon Capital Management LLC. 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 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 Standard Life Aberdeen plc, Standard Life Aberdeen plc, Federated Investors Inc. PA, Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., Robeco Institutional Asset Management B.V. and Chicago Equity Partners 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 $21.03.

How big of a company is Echo Global Logistics?

Echo Global Logistics has a market capitalization of $614.91 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.

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:  289 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  570
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 12/15/2018 by MarketBeat.com Staff

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