Echo Global Logistics Company Profile (NASDAQ:ECHO)

About Echo Global Logistics (NASDAQ:ECHO)

Echo Global Logistics logoEcho Global Logistics, Inc. is a provider of technology-enabled transportation and supply chain management solutions. The Company utilizes a technology platform to compile and analyze data from its multi-modal network of transportation providers to facilitate its transportation and logistics services. The Company focuses primarily on arranging transportation by truckload (TL) and less than truckload (LTL) carriers. It also offers intermodal (which involves moving a shipment by rail and truck), small parcel, domestic air, expedited and international transportation services. The Company's core logistics services include rate negotiation, shipment execution and tracking, carrier selection and management, routing compliance freight bill payment and audit, payment and performance management and reporting functions.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Integrated Logistics Operators
  • Sub-Industry: Air Freight & Logistics
  • Symbol: NASDAQ:ECHO
  • CUSIP: 27875T10
  • Web:
  • Market Cap: $552.13 million
  • Outstanding Shares: 28,534,000
Average Prices:
  • 50 Day Moving Avg: $17.96
  • 200 Day Moving Avg: $18.05
  • 52 Week Range: $13.00 - $28.90
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 21.26
  • P/E Growth: 2.21
Sales & Book Value:
  • Annual Revenue: $1.75 billion
  • Price / Sales: 0.32
  • Book Value: $12.53 per share
  • Price / Book: 1.54
  • EBITDA: $31.7 million
  • Net Margins: -0.21%
  • Return on Equity: 3.22%
  • Return on Assets: 1.47%
  • Debt-to-Equity Ratio: 0.60%
  • Current Ratio: 1.48%
  • Quick Ratio: 1.48%
  • Average Volume: 486,342 shs.
  • Beta: 1.44
  • Short Ratio: 7.38

Frequently Asked Questions for Echo Global Logistics (NASDAQ:ECHO)

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 of Directors has approved a share repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.2% of its stock through open market purchases. Stock buyback programs are typically an indication 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 results on Thursday, July, 27th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.02. The firm had revenue of $470.10 million for the quarter, compared to the consensus estimate of $470.25 million. Echo Global Logistics had a positive return on equity of 3.22% and a negative net margin of 0.21%. The company's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 EPS. View Echo Global Logistics' Earnings History.

When will Echo Global Logistics make its next earnings announcement?

Echo Global Logistics is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Echo Global Logistics.

Where is Echo Global Logistics' stock going? Where will Echo Global Logistics' stock price be in 2017?

9 brokerages have issued 1 year price targets for Echo Global Logistics' stock. Their predictions range from $14.00 to $30.00. On average, they expect Echo Global Logistics' stock price to reach $20.88 in the next twelve months. View Analyst Ratings for Echo Global Logistics.

What are 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. " (10/10/2017)
  • 2. UBS 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:

  • Douglas R. Waggoner, Chairman of the Board, Chief Executive Officer
  • David B. Menzel, President, Chief Operating Officer
  • Bradley A. Keywell, Co-Founder
  • Kyle L. Sauers, Chief Financial Officer
  • Nelda J. Connors, Independent Director
  • William M. Farrow III, Independent Director
  • Matthew Wagner Ferguson, Independent Director
  • David C. Habiger, Independent Director
  • Samuel K. Skinner, Independent Director

Who owns Echo Global Logistics stock?

Echo Global Logistics' stock is owned by many different of institutional and retail investors. Top institutional investors include SCOPUS ASSET MANAGEMENT, L.P. (5.60%), Summit Creek Advisors LLC (1.30%) and Mutual of America Capital Management LLC (0.35%). Company insiders that own Echo Global Logistics stock include David B Menzel, Douglas R Waggoner and Kyle Sauers. View Institutional Ownership Trends for Echo Global Logistics.

Who sold Echo Global Logistics stock? Who is selling Echo Global Logistics stock?

Echo Global Logistics' stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC. View Insider Buying and Selling for Echo Global Logistics.

Who bought Echo Global Logistics stock? Who is buying Echo Global Logistics stock?

Echo Global Logistics' stock was bought by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. View Insider Buying and Selling for Echo Global Logistics.

How do I buy Echo Global Logistics stock?

Shares of Echo Global Logistics can be purchased through any online brokerage account. Popular online brokerages 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 Global Logistics stock can currently be purchased for approximately $19.35.

MarketBeat Community Rating for Echo Global Logistics (NASDAQ ECHO)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  357
MarketBeat's community ratings are surveys of what our community members think about Echo Global Logistics and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Echo Global Logistics (NASDAQ:ECHO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $20.88 (7.88% upside)
Consensus Price Target History for Echo Global Logistics (NASDAQ:ECHO)
Price Target History for Echo Global Logistics (NASDAQ:ECHO)
Analysts' Ratings History for Echo Global Logistics (NASDAQ:ECHO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017J P Morgan Chase & CoBoost Price TargetOverweight$19.00 -> $25.00N/AView Rating Details
10/4/2017Cowen and CompanyReiterated RatingBuy$19.00MediumView Rating Details
9/12/2017Stifel NicolausReiterated RatingBuy$18.00LowView Rating Details
8/7/2017Morgan StanleyDowngradeOverweight -> Equal Weight$26.00 -> $14.00LowView Rating Details
7/28/2017William BlairReiterated RatingMarket PerformLowView Rating Details
7/31/2017Barrington ResearchLower Price TargetOutperform$28.00 -> $18.00HighView Rating Details
7/31/2017Credit Suisse GroupDowngradeOutperform -> Neutral$23.00 -> $14.00MediumView Rating Details
7/10/2017MacquarieReiterated RatingOutperform$29.00LowView Rating Details
4/13/2017Susquehanna Bancshares IncUpgradeNeutral -> PositiveMediumView Rating Details
1/12/2016FBR & CoReiterated RatingOutperform$43.00N/AView Rating Details
1/8/2016Avondale PartnersUpgradeMarket Perform -> OutperformN/AView Rating Details
10/29/2015StephensLower Price Target$40.00 -> $29.00N/AView Rating Details
10/29/2015BB&T CorporationUpgradeHold -> Buy$34.14 -> $26.00N/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for Echo Global Logistics (NASDAQ:ECHO)
Earnings by Quarter for Echo Global Logistics (NASDAQ:ECHO)
Earnings History by Quarter for Echo Global Logistics (NASDAQ ECHO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.31N/AView Earnings Details
7/27/2017Q2 2017$0.20$0.18$470.25 million$470.10 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.04$0.03$417.30 million$415.80 millionViewN/AView Earnings Details
2/8/2017Q416$0.09$0.07$416.94 million$406.90 millionViewListenView Earnings Details
10/26/2016Q316$0.27$0.25$80.04 million$460.20 millionViewListenView Earnings Details
7/27/2016Q216$0.31$0.27$439.56 million$443.80 millionViewListenView Earnings Details
4/27/2016Q116$0.24$0.24$409.89 million$405.00 millionViewListenView Earnings Details
2/4/2016Q4$0.25$0.28$424.88 million$407.20 millionViewN/AView Earnings Details
10/28/2015Q315$0.27$0.34$457.86 million$450.00 millionViewListenView Earnings Details
8/5/2015Q215$0.24$0.30$383.25 million$372.00 millionViewN/AView Earnings Details
4/21/2015Q115$0.15$0.15$295.70 million$283.00 millionViewN/AView Earnings Details
2/5/2015Q414$0.18$0.20$304.52 million$300.00 millionViewN/AView Earnings Details
10/23/2014Q314$0.22$0.25$312.50 million$320.60 millionViewListenView Earnings Details
7/24/2014Q214$0.18$0.22$276.73 million$305.10 millionViewN/AView Earnings Details
4/24/2014Q114$0.11$0.14$229.69 million$247.70 millionViewN/AView Earnings Details
2/6/2014Q413$0.18$0.11$238.09 million$221.30 millionViewN/AView Earnings Details
10/24/2013Q313$0.21$0.18$238.97 million$234.80 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.17$0.17$218.20 million$224.10 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.16$0.15$213.10 million$204.00 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.17$0.15$207.02 million$211.20 millionViewN/AView Earnings Details
10/25/2012$0.19$0.17ViewN/AView Earnings Details
7/26/2012$0.17$0.17ViewN/AView Earnings Details
4/26/2012$0.14$0.14ViewN/AView Earnings Details
2/14/2012$0.15$0.16ViewN/AView Earnings Details
10/27/2011$0.15$0.15ViewN/AView Earnings Details
7/28/2011$0.13$0.13ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Echo Global Logistics (NASDAQ:ECHO)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.13$0.13$0.13
Q4 20171$0.05$0.05$0.05
(Data provided by Zacks Investment Research)


Dividend History for Echo Global Logistics (NASDAQ:ECHO)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Echo Global Logistics (NASDAQ:ECHO)
Insider Ownership Percentage: 8.10%
Institutional Ownership Percentage: 87.56%
Insider Trades by Quarter for Echo Global Logistics (NASDAQ:ECHO)
Institutional Ownership by Quarter for Echo Global Logistics (NASDAQ:ECHO)
Insider Trades by Quarter for Echo Global Logistics (NASDAQ:ECHO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/5/2017David B MenzelCOOSell10,000$19.48$194,800.00View SEC Filing  
10/19/2016Douglas R WaggonerCEOSell34,822$22.23$774,093.06View SEC Filing  
9/1/2016Douglas R WaggonerCEOSell34,723$26.01$903,145.23View SEC Filing  
8/24/2016Douglas R WaggonerCEOSell100$26.00$2,600.00View SEC Filing  
8/22/2016Douglas R WaggonerCEOSell23,528$25.56$601,375.68View SEC Filing  
8/17/2016Douglas R WaggonerCEOSell46,117$25.74$1,187,051.58View SEC Filing  
8/15/2016David B MenzelCOOSell15,000$25.89$388,350.00View SEC Filing  
3/10/2016Kyle SauersCFOSell16,765$25.53$428,010.45View SEC Filing  
3/1/2016David B MenzelCOOSell32,534$25.68$835,473.12View SEC Filing  
8/17/2015Douglas R WaggonerCEOSell8,000$24.99$199,920.00View SEC Filing  
6/15/2015Douglas R WaggonerCEOSell8,000$32.00$256,000.00View SEC Filing  
4/23/2015Douglas R WaggonerCEOSell8,000$33.60$268,800.00View SEC Filing  
3/19/2015Bradley A KeywellDirectorSell35,000$27.17$950,950.00View SEC Filing  
3/16/2015Douglas R WaggonerCEOSell8,000$28.19$225,520.00View SEC Filing  
2/19/2015Bradley A KeywellDirectorSell35,000$26.87$940,450.00View SEC Filing  
2/17/2015Douglas R WaggonerCEOSell8,000$26.50$212,000.00View SEC Filing  
2/10/2015Douglas R WaggonerCEOSell8,000$25.03$200,240.00View SEC Filing  
1/22/2015Bradley A KeywellDirectorSell35,000$26.97$943,950.00View SEC Filing  
12/22/2014Douglas R WaggonerCEOSell16,670$29.09$484,930.30View SEC Filing  
12/15/2014Douglas R WaggonerCEOSell8,000$27.70$221,600.00View SEC Filing  
12/10/2014Bradley A KeywellDirectorSell35,000$27.30$955,500.00View SEC Filing  
12/5/2014Douglas R WaggonerCEOSell5,518$29.02$160,132.36View SEC Filing  
11/17/2014Douglas R WaggonerCEOSell8,000$27.35$218,800.00View SEC Filing  
11/12/2014Bradley A KeywellDirectorSell35,000$28.09$983,150.00View SEC Filing  
11/11/2014Bradley A KeywellDirectorSell17,500$28.06$491,050.00View SEC Filing  
11/6/2014Douglas R WaggonerCEOSell41,141$23.54$968,459.14View SEC Filing  
9/19/2014Douglas R WaggonerCEOSell14,200$24.88$353,296.00View SEC Filing  
9/18/2014Bradley A KeywellDirectorSell35,000$25.80$903,000.00View SEC Filing  
9/17/2014Bradley A KeywellDirectorSell17,500$26.00$455,000.00View SEC Filing  
9/11/2014Samuel K SkinnerDirectorSell10,000$26.54$265,400.00View SEC Filing  
8/21/2014Bradley A KeywellDirectorSell35,000$24.90$871,500.00View SEC Filing  
8/20/2014Bradley A KeywellDirectorSell17,500$24.83$434,525.00View SEC Filing  
7/30/2014David B MenzelCOOSell20,000$21.73$434,600.00View SEC Filing  
7/17/2014Bradley A KeywellDirectorSell35,000$19.90$696,500.00View SEC Filing  
7/16/2014Bradley A KeywellDirectorSell17,500$19.95$349,125.00View SEC Filing  
6/19/2014Bradley A KeywellDirectorSell35,000$18.08$632,800.00View SEC Filing  
5/22/2014Bradley KeywellDirectorSell35,000$18.26$639,100.00View SEC Filing  
4/17/2014Bradley KeywellDirectorSell35,000$16.88$590,800.00View SEC Filing  
3/4/2014Bradley KeywellDirectorSell25,000$16.15$403,750.00View SEC Filing  
2/4/2014Bradley KeywellDirectorSell25,000$19.30$482,500.00View SEC Filing  
1/7/2014Bradley KeywellDirectorSell25,000$20.68$517,000.00View SEC Filing  
1/3/2014Eric Lefkofskymajor shareholderSell50,000$20.62$1,031,000.00View SEC Filing  
12/5/2013Bradley KeywellDirectorSell25,000$19.95$498,750.00View SEC Filing  
12/3/2013Eric Lefkofskymajor shareholderSell112,500$20.03$2,253,375.00View SEC Filing  
11/6/2013Bradley KeywellDirectorSell25,000$19.23$480,750.00View SEC Filing  
11/4/2013Eric P LefkofskyMajor ShareholderSell112,500$18.59$2,091,375.00View SEC Filing  
10/4/2013Bradley KeywellDirectorSell25,000$20.25$506,250.00View SEC Filing  
9/4/2013Bradley A KeywellDirectorSell25,000$21.50$537,500.00View SEC Filing  
9/4/2013Eric P LefkofskyMajor ShareholderSell112,500$21.50$2,418,750.00View SEC Filing  
8/2/2013Bradley A KeywellDirectorSell25,000$22.28$557,000.00View SEC Filing  
8/2/2013Eric P LefkofskyMajor ShareholderSell112,500$22.28$2,506,500.00View SEC Filing  
7/2/2013Bradley A KeywellDirectorSell25,000$18.83$470,750.00View SEC Filing  
7/2/2013Eric P LefkofskyMajor ShareholderSell112,500$18.83$2,118,375.00View SEC Filing  
6/4/2013Bradley A KeywellDirectorSell25,000$17.42$435,500.00View SEC Filing  
6/4/2013Eric P LefkofskyMajor ShareholderSell112,500$17.42$1,959,750.00View SEC Filing  
5/28/2013David B MenzelCFOSell37,500$18.21$682,875.00View SEC Filing  
3/22/2013John R WalterDirectorBuy33,321$20.86$695,076.06View SEC Filing  
2/20/2013John R WalterDirectorBuy30,000$19.95$598,500.00View SEC Filing  
2/19/2013John R WalterDirectorBuy50,639$18.60$941,885.40View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Echo Global Logistics (NASDAQ:ECHO)
Latest Headlines for Echo Global Logistics (NASDAQ:ECHO)
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Echo Global Logistics (ECHO) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by Staff

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