#echo global logistics

[roadneighbors-blog]

Echo Global Logistics Posts Record Revenue, Higher Profits in 4Q

Echo Global Logistics Posts Record Revenue, Higher Profits in 4Q

Imported from ttnews.com

BusinessFebruary 6, 2019 6:00 PM, EST Echo Global Logistics Posts Record Revenue, Higher Profits in 4Q

Echo Global Logistics posted record revenue and higher profits in the fourth quarter of 2018 as strong freight demand boosted demand for freight brokerage services and more shippers outsourced…

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[ustribunenews-blog]

Hitting 52 Week High, Echo Global Logistics, Inc. (Nasdaq:ECHO) Settle At $36.65

Hitting 52 Week High, Echo Global Logistics, Inc. (Nasdaq:ECHO) Settle At $36.65

Echo Global Logistics, Inc. (Nasdaq:ECHO)

September 10th, 2018

Echo Global Logistics, Inc. rose $2.45 Tuesday, up 7.16%, closing at $36.65. Furthermore it hit a new 52 week high of $36.75. The stock continues to trade well at 142% of its 52 week low of $15.13. In addition to finishing higher, trading volumes were solid at 223% of normal which can indicate investors see opportunities. (more…)

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[ustribunenews-blog]

Hitting 52 Week High, Echo Global Logistics, Inc. (Nasdaq:ECHO) Ends The Day At $34.45

Hitting 52 Week High, Echo Global Logistics, Inc. (Nasdaq:ECHO) Ends The Day At $34.45

Echo Global Logistics, Inc. (Nasdaq:ECHO)

July 31st, 2018

Echo Global Logistics, Inc. closed Tuesday up 6.49%, a $2.10 increase to close on $34.45. Furthermore it hit a new 52 week high of $34.65. The stock continues to trade well at 165% of its 52 week low of $13.00. In addition to finishing higher, trading volumes were solid at 247% of normal which can indicate investors see opportunities. (…

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[stockmarketsdaily]

New Post has been published on Stock Markets Daily

New Post has been published on http://www.stockmarketsdaily.com/downgrade-warranted-echo-global-logistics-nasdaqecho/12547/

Downgrade Warranted: Echo Global Logistics (NASDAQ:ECHO)

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Echo Global Logistics, Inc. (NASDAQ:ECHO) [Trend Analysis] was dowgraded yesterday by analysts at BB&T Capital Markets from buy to hold. As our analysis below shows, from a growth perspective, this move seems warranted.

Echo Global Logistics, Inc. (NASDAQ:ECHO) last traded at $27.26 after moving down -6.00% for the trading day.

ECHO is trading with a trailing 12 month P/E multiple of 38.39 and an estimated forward P/E multiple of 22.62. The stock has an estimated 5 year annual growth of 24.93% and a PEG multiple of 1.54.

From a value investor perspective, as mentioned Echo Global Logistics, Inc. trades on an estimated forward P/E multiple of 22.62. The current estimated forward P/E ratio for the market as a whole is approximately 19.00. Therefore, for value investors ECHO appears to be overpriced.

For growth investors, who are more interested in growth into the longer term for the stock, we look at the PEG multiple (P/E to growth) of Echo Global Logistics, Inc. (NASDAQ:ECHO). This PEG multiple takes into account the expected long term growth in earnings of Echo Global Logistics, Inc. rather than merely the growth for one full earnings period ahead.

As a rule of thumb, growth investors often believe a stock with a PEG of between 0 and 1 is considered to be underpriced, between 1 and 2 to be at fair value and over 2 to be overpriced. Based on the PEG ratio of ECHO being 1.54, we consider Echo Global Logistics, Inc. to likely be priced at fair value.

The mean analyst 12 month target price for Echo Global Logistics, Inc. (NASDAQ:ECHO) is currently $28.79 or 5.61% above the current price. Additionally, the stock has been as high as $30.18 and as low as $16.34 in the last 52 weeks. Analysts are estimating that ECHO will report earnings per share of $0.27 next quarter.