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

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$23.15 -0.72 (-3.02 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$23.15
Today's Range$23.15 - $23.8350
52-Week Range$18.83 - $36.75
Volume164,291 shs
Average Volume171,628 shs
Market Capitalization$644.03 million
P/E Ratio14.29
Dividend YieldN/A
Beta2.05
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.

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Industry, Sector and Symbol

Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:ECHO
CUSIP27875T10
Phone800-354-7993

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.44 billion
Cash Flow$2.8651 per share
Book Value$13.66 per share

Profitability

Net Income$28.72 million

Miscellaneous

Employees2,595
Market Cap$644.03 million
Next Earnings Date4/24/2019 (Estimated)
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 approved a share repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 9.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is undervalued.

How were Echo Global Logistics' earnings last quarter?

Echo Global Logistics, Inc. (NASDAQ:ECHO) issued its quarterly earnings results on Wednesday, February, 6th. The transportation company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.09. The transportation company earned $583 million during the quarter, compared to analysts' expectations of $587.32 million. Echo Global Logistics had a return on equity of 12.01% and a net margin of 1.18%. The company's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $0.33 EPS. 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, April 24th 2019. View Earnings Estimates for Echo Global Logistics.

What guidance has Echo Global Logistics issued on next quarter's earnings?

Echo Global Logistics updated its first quarter 2019 earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $530-570 million, compared to the consensus revenue estimate of $598.3 million.Echo Global Logistics also updated its FY 2019 guidance to EPS.

What price target have analysts set for ECHO?

9 brokers have issued 1-year price targets for Echo Global Logistics' stock. Their predictions range from $23.40 to $40.00. On average, they expect Echo Global Logistics' share price to reach $31.4889 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for Echo Global Logistics.

What is the consensus analysts' recommendation for Echo Global Logistics?

9 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Echo Global Logistics.

Has Echo Global Logistics been receiving favorable news coverage?

Headlines about ECHO stock have trended neutral this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Echo Global Logistics earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines about the transportation company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the company's share price in the near future.

Who are some of Echo Global Logistics' key 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 Micron Technology (MU), Energy Transfer LP Unit (ET), NVIDIA (NVDA), Advanced Micro Devices (AMD), Cypress Semiconductor (CY), Cornerstone Total Return Fund (CRF), Ctrip.Com International (CTRP), Intel (INTC), Ciena (CIEN) and Alibaba Group (BABA).

Who are Echo Global Logistics' key executives?

Echo Global Logistics' management team includes the folowing 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. Christopher N. Clemmensen, Sr. VP of Marketing
  • Ms. Paula Frey, Chief HR Officer

Who are Echo Global Logistics' major shareholders?

Echo Global Logistics' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.65%), Dimensional Fund Advisors LP (8.33%), Standard Life Aberdeen plc (6.52%), Northern Trust Corp (2.17%), North Star Asset Management Inc. (1.58%) and AMI Asset Management Corp (1.30%). 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 major investors are selling Echo Global Logistics stock?

ECHO stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Two Sigma Investments LP, Kornitzer Capital Management Inc. KS, Two Sigma Advisers LP, New York State Common Retirement Fund, Millennium Management LLC, Elk Creek Partners LLC and SG Americas Securities LLC. Company insiders that have sold Echo Global Logistics company stock in the last year include David B Menzel, Douglas R Waggoner, Kyle Sauers and Peter Rogers. View Insider Buying and Selling for Echo Global Logistics.

Which major investors are buying Echo Global Logistics stock?

ECHO stock was bought by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, BlackRock Inc., Gotham Asset Management LLC, Geode Capital Management LLC, Geode Capital Management LLC, Barclays PLC, Assenagon Asset Management S.A. and BBT Capital Management 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 $23.15.

How big of a company is Echo Global Logistics?

Echo Global Logistics has a market capitalization of $644.03 million and generates $2.44 billion in revenue each year. The transportation company earns $28.72 million in net income (profit) each year or $1.62 on an earnings per share basis. Echo Global Logistics employs 2,595 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:  308 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  609
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 3/24/2019 by MarketBeat.com Staff

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