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

$15.66
-1.94 (-11.02 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$15.48
Now: $15.66
$17.21
50-Day Range
$14.79
MA: $18.72
$21.80
52-Week Range
$14.17
Now: $15.66
$25.95
Volume255,340 shs
Average Volume295,628 shs
Market Capitalization$419.84 million
P/E Ratio28.47
Dividend YieldN/A
Beta1.73
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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Echo Global Logistics logo

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$2.18 billion
Cash Flow$2.26 per share
Book Value$14.04 per share

Profitability

Net Income$14.85 million

Miscellaneous

Employees2,539
Market Cap$419.84 million
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

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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 (COVID-19) reached pandemic status according to the World Health Organization. Since then, ECHO shares have increased by 0.9% and is now trading at $15.66. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Echo Global Logistics?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Echo Global Logistics in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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, April 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 data on Wednesday, February, 5th. The transportation company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The transportation company earned $531.70 million during the quarter, compared to analyst estimates of $520.39 million. Echo Global Logistics had a return on equity of 8.06% and a net margin of 0.68%. The business's revenue for the quarter was down 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.47 earnings per share. View Echo Global Logistics' earnings history.

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

Echo Global Logistics updated its FY 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.25-2.45 billion, compared to the consensus revenue estimate of $2.24 billion.

What price target have analysts set for ECHO?

8 equities research analysts have issued twelve-month target prices for Echo Global Logistics' stock. Their forecasts range from $21.00 to $29.00. On average, they anticipate Echo Global Logistics' stock price to reach $25.38 in the next year. This suggests a possible upside of 62.0% from the stock's current price. View analysts' price targets for Echo Global Logistics.

Has Echo Global Logistics been receiving favorable news coverage?

Media headlines about ECHO stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Echo Global Logistics earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave media stories about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutEcho Global Logistics.

Are investors shorting Echo Global Logistics?

Echo Global Logistics saw a drop in short interest in March. As of March 13th, there was short interest totaling 1,717,600 shares, a drop of 6.7% from the February 27th total of 1,840,000 shares. Based on an average daily volume of 238,300 shares, the days-to-cover ratio is presently 7.2 days. Currently, 6.6% of the shares of the company are short sold. View Echo Global Logistics' Current Options Chain.

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 Energy Transfer LP Unit (ET), Advanced Micro Devices (AMD), Cypress Semiconductor (CY), Electronic Arts (EA), AT&T (T), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Ford Motor (F) 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 Officer
  • Mr. 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 investors include Standard Life Aberdeen plc (5.74%), ArrowMark Colorado Holdings LLC (4.80%), Rice Hall James & Associates LLC (3.65%), State Street Corp (3.21%), Goldman Sachs Group Inc. (2.65%) and North Star Asset Management Inc. (1.63%). 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 Standard Life Aberdeen plc, Stifel Financial Corp, Acadian Asset Management LLC, Rice Hall James & Associates LLC, North Star Asset Management Inc., Isthmus Partners LLC, Pinebridge Investments L.P., and Alliancebernstein L.P.. View insider buying and selling activity for Echo Global Logistics.

Which institutional investors are buying Echo Global Logistics stock?

ECHO stock was acquired by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Bank of Montreal Can, Renaissance Technologies LLC, Goldman Sachs Group Inc., State Street Corp, Jacobs Levy Equity Management Inc., Barrow Hanley Mewhinney & Strauss LLC, and Oxford Asset Management LLP. 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 $15.66.

How big of a company is Echo Global Logistics?

Echo Global Logistics has a market capitalization of $419.84 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. View additional information about Echo Global Logistics.

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:  2.6 out of 5 (star star)
Outperform Votes:  384 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  752
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 3/29/2020 by MarketBeat.com Staff

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