|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's Range||22.46 - 23.00|
|52 Week Range||22.10 - 36.75|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||18.14|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.10|
Last Thursday equities analysts from investment bank Cowen Inc. (Nasdaq: COWN) issued a trucking industry update following visits to Echo Global Logistics, Inc. (Nasdaq: ECHO), HUB Group Inc (Nasdaq: HUBG), and Redwood Logistics in Chicago. Cautious guidance from Echo's senior management on truckload rates in 2019 contributed to Cowen's somewhat bearish forecast, which falls in line with Morgan Stanley's recent projections. Cowen thinks—and we agree—that 3PLs and brokerages are generally in a safer position in a softening market than asset-based carriers.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Doug Waggoner has been the CEO of Echo Global Logistics Inc (NASDAQ:ECHO) since 2006. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies Read More...
NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Echo Global Logistics, Inc. (ECHO), a leading provider of technology-enabled transportation management services (“Echo” or “the Company”), today announced that its Board of Directors (the “Board”) amended its ongoing repurchase program, which provides for the repurchase of the Company’s outstanding common stock and 2.50% convertible senior notes due 2020, to add an additional $50 million of capacity and extend the expiration date of the program from April 30, 2019 to October 31, 2020. As of November 1, 2018, and inclusive of this $50 million increase, the Company has approximately $70 million of repurchase availability under its repurchase program. Under the program, purchases may be made from time to time in the open market or through privately negotiated transactions, block transactions, or other techniques, as determined by the Company’s management and in accordance with prevailing market conditions and the requirements of the Securities and Exchange Commission (SEC).
Transactional revenue was up 27.2 percent and Managed Transportation was up 24.1 percent. Net revenue was up 28.3 percent. --Earnings per share of $1.63 beat consensus by 3 cts, according to SeekingAlpha.
Echo Global Logistics (ECHO) delivered earnings and revenue surprises of 22.22% and 1.94%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Chicago-based company said it had profit of 33 cents per share. Earnings, adjusted for one-time gains and costs, came to 55 cents per share. The results beat Wall Street expectations. The average estimate ...
CHICAGO, Oct. 24, 2018 -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, today reported financial.
NEW YORK, Oct. 15, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
CHICAGO, Oct. 08, 2018 -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced.
While small-cap stocks, such as Echo Global Logistics Inc (NASDAQ:ECHO) with its market cap of US$848m, are popular for their explosive growth, investors should also be aware of their balance Read More...
This analysis is intended to introduce important early concepts to people who are starting to invest and want to learn about the link between company’s fundamentals and stock market performance.Read More...
Companies offering equipment financing and leasing, logistics and supply chain management services to transporters have rebounded in 2018.
Zacks.com highlights: Dean Foods, Archer Daniels Midland, Hub Group, Arrow Electronics and Echo Global Logistics