Echo Global Logistics, Inc. (ECHO) EPS Estimated At $0.36

Echo Global Logistics, Inc. (NASDAQ:ECHO) Logo
Investors sentiment is 0.95 in Q1 2019. Its the same as in 2018Q4. It is flat, as 17 investors sold Echo Global Logistics, Inc. shares while 60 reduced holdings. only 23 funds opened positions while 50 raised stakes. 45.55 million shares or 79.59% more from 25.36 million shares in 2018Q4 were reported.
Pitcairn Comm owns 10,781 shares. Comerica Retail Bank owns 27,648 shares or 0.01% of their US portfolio. Los Angeles Mgmt & Equity Research Inc invested in 24,235 shares or 0% of the stock. Morgan Stanley owns 89,952 shares or 0% of their US portfolio. Farmers Merchants Investments Incorporated reported 0% stake. Citigroup reported 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO). 10,325 are owned by Teachers Retirement Systems Of The State Of Kentucky. Public Employees Retirement Association Of Colorado, a Colorado-based fund reported 583,952 shares. The California-based Parallax Volatility Advisers Limited Partnership has invested 0% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Gotham Asset Mngmt Llc invested in 0.04% or 113,639 shares. 457,031 were reported by Stephens Investment Mgmt Group Limited Liability Company. The Wisconsin-based North Star Asset Incorporated has invested 0.92% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Mutual Of America Capital Management Ltd Liability Com owns 0.07% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 196,663 shares. Swiss Fincl Bank holds 0% or 49,500 shares in its portfolio. Huntington Bancorp holds 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 658 shares.

Analysts expect Echo Global Logistics, Inc. (NASDAQ:ECHO) to report $0.36 EPS on July, 24.They anticipate $0.05 EPS change or 12.20 % from last quarter’s $0.41 EPS. ECHO’s profit would be $10.04M giving it 13.56 P/E if the $0.36 EPS is correct. After having $0.30 EPS previously, Echo Global Logistics, Inc.’s analysts see 20.00 % EPS growth. The stock increased 2.15% or $0.41 during the last trading session, reaching $19.52. About 180,601 shares traded. Echo Global Logistics, Inc. (NASDAQ:ECHO) has declined 21.62% since July 14, 2018 and is downtrending. It has underperformed by 26.05% the S&P500.

Echo Global Logistics, Inc. (NASDAQ:ECHO) Ratings Coverage

Among 2 analysts covering Echo Global Logistics (NASDAQ:ECHO), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Echo Global Logistics had 5 analyst reports since March 6, 2019 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, April 10 by UBS. The rating was upgraded by Morgan Stanley on Wednesday, March 6 to “Equal-Weight”.

Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. The company has market cap of $544.55 million. It uses a proprietary technology platform to compile and analyze data from its multi-modal network of transportation providers for the transportation and logistics needs. It has a 19.7 P/E ratio. The firm offers services in various transportation modes, such as truckload, less-than truckload, small parcel, inter-modal, domestic air, and expedited and international.

More notable recent Echo Global Logistics, Inc. (NASDAQ:ECHO) news were published by: Nasdaq.com which released: “Which Motley Fool Service Is Right for My Investing Needs? – Nasdaq” on July 05, 2019, also Nasdaq.com with their article: “European stocks tread water, all eyes on Fed – Nasdaq” published on June 19, 2019, Nasdaq.com published: “Amazon’s Celebrity Collaborations to Boost Prime Day Sales – Nasdaq” on July 02, 2019. More interesting news about Echo Global Logistics, Inc. (NASDAQ:ECHO) were released by: Bloomberg.com and their article: “Alexa, I’m Having a Heart Attack – Bloomberg” published on June 19, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Think About Echo Global Logistics, Inc. (ECHO) – Yahoo Finance” with publication date: June 25, 2019.

Echo Global Logistics, Inc. (NASDAQ:ECHO) Institutional Positions Chart

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