Echo Global Logistics Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Echo Global Logistics in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Echo Global Logistics stock.
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Echo Global Logistics is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Echo Global Logistics.

Echo Global Logistics, Inc. (NASDAQ:ECHO) issued its quarterly earnings data on Wednesday, April, 28th. The transportation company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.28. The transportation company earned $800.80 million during the quarter, compared to analyst estimates of $722.47 million. Echo Global Logistics had a trailing twelve-month return on equity of 9.55% and a net margin of 1.05%. Echo Global Logistics's quarterly revenue was up 45.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.19 EPS.
View Echo Global Logistics' earnings history.

Echo Global Logistics' stock was trading at $15.52 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ECHO shares have increased by 112.2% and is now trading at $32.94.
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Echo Global Logistics updated its FY 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $3.15 billion-$3.35 billion, compared to the consensus revenue estimate of $2.88 billion.

8 brokers have issued twelve-month target prices for Echo Global Logistics' stock. Their forecasts range from $19.00 to $40.00. On average, they anticipate Echo Global Logistics' share price to reach $30.38 in the next year. This suggests that the stock has a possible downside of 7.8%.
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448 employees have rated Echo Global Logistics CEO Doug Waggoner on Glassdoor.com. Doug Waggoner has an approval rating of 91% among Echo Global Logistics' employees. This puts Doug Waggoner in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Echo Global Logistics include United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), XPO Logistics (XPO), C.H. Robinson Worldwide (CHRW), Forward Air (FWRD), Hub Group (HUBG), Atlas Air Worldwide (AAWW), Air Transport Services Group (ATSG) and Park-Ohio (PKOH).
View all of ECHO's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Echo Global Logistics investors own include Energy Transfer (ET), AT&T (T), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Cypress Semiconductor (CY), Electronic Arts (EA) and Activision Blizzard (ATVI).

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

Echo Global Logistics' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (19.68%), Dimensional Fund Advisors LP (7.44%), JPMorgan Chase & Co. (2.85%), Emerald Mutual Fund Advisers Trust (2.29%), Emerald Advisers LLC (2.23%) and Stephens Investment Management Group LLC (2.16%). 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.

ECHO stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Bank of Montreal Can, Goldman Sachs Group Inc., Northern Trust Corp, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Ameriprise Financial Inc., and Arrowstreet Capital Limited Partnership. 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 activity for Echo Global Logistics or view top insider-selling stocks.

ECHO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Assenagon Asset Management S.A., JPMorgan Chase & Co., Summit Creek Advisors LLC, Millennium Management LLC, Victory Capital Management Inc., Russell Investments Group Ltd., and Geode Capital Management LLC.
View insider buying and selling activity for Echo Global Logistics or or view top insider-buying stocks.

Shares of ECHO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ECHO stock can currently be purchased for approximately $32.94.

Echo Global Logistics has a market capitalization of $877.39 million and generates $2.51 billion in revenue each year. The transportation company earns $15.83 million in net income (profit) each year or $0.99 on an earnings per share basis.

Echo Global Logistics employs 2,593 workers across the globe.

The official website for Echo Global Logistics is www.echo.com.

Echo Global Logistics is headquartered at 600 WEST CHICAGO AVENUE SUITE 725, CHICAGO IL, 60654.

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]