EPS for Echo Global Logistics, Inc. (ECHO) Expected At $0.31 as of July, 26

June 26, 2018 - By Lena Young

Echo Global Logistics, Inc. (NASDAQ:ECHO) Corporate Logo
During 2018 Q1 the big money sentiment increased to 1.29. That’s change of 0.03, from 2017Q4’s 1.26. 14 investors sold all, 51 reduced holdings as Echo Global Logistics, Inc. ratio is positive. 44 rose stakes while 40 funds amassed stakes. Funds hold 26.25 million shares thus 0.02% more from 2017Q4’s 26.25 million shares.
Hanseatic Service stated it has 0% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Metropolitan Life Communications New York has 0% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 9,127 shs. Blackrock holds 0% of its capital in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 3.58M shs. Tiaa Cref Investment Ltd has invested 0% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Northern Trust Corporation owns 591,186 shs. Jacobs Levy Equity Mgmt holds 168,945 shs. Scopus Asset Mngmt Ltd Partnership has invested 0.16% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Laurion Capital Lp reported 12,616 shs or 0% of all its holdings. Panagora Asset Mgmt Inc holds 19,773 shs. Swiss State Bank has 0% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 43,600 shs. Walleye Trading Limited Liability Company holds 7,096 shs. 270,265 are held by Kennedy Mgmt Incorporated. Moreover, Management Of Virginia Ltd Liability has 0.45% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO). Parametric Port Associate Limited Co has 79,840 shs. The California-based Rice Hall James Associates Limited Liability Corp has invested 0.75% in Echo Global Logistics, Inc. (NASDAQ:ECHO).

On July, 26. Investors expect Echo Global Logistics, Inc. (NASDAQ:ECHO) to announce its quarterly earnings, according to Faxor. EPS of $0.31 is 158.33 % up from 2017’s $0.12 EPS. ECHO’s profit could be $8.79M with 23.87 P/E in case $0.31 EPS is revealed. After $0.33 EPS report last quarter, Wall Street now sees -6.06 % negative EPS growth of Echo Global Logistics, Inc.. ECHO hit $29.6 during the last trading session after $0.55 change.Currently Echo Global Logistics, Inc. is uptrending after 48.00% change in last June 26, 2017. ECHO has also 249,946 shares volume. ECHO outperformed the S&P 500 by 35.43%.

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

In total 8 analysts cover Echo Global Logistics (NASDAQ:ECHO). “Buy” rating has 5, “Sell” are 1, while 2 are “Hold”. (NASDAQ:ECHO) has 63% bullish analysts. 14 are the (NASDAQ:ECHO)’s ratings reports on Jun 26, 2018 according to StockzIntelligence Inc. The company rating was upgraded by UBS on Monday, January 29. On Friday, February 23 the rating was downgraded by Morgan Stanley to “Underweight”. On Monday, January 8 the firm has “Buy” rating given by Susquehanna. On Tuesday, June 19 the firm has “Buy” rating given by Stifel Nicolaus. On Wednesday, February 7 Susquehanna maintained the shares of ECHO in report with “Buy” rating. On Monday, January 8 the firm earned “Buy” rating by Stephens. The stock rating was maintained by Credit Suisse with “Neutral” on Thursday, February 8. In Thursday, April 26 report UBS maintained it with “Neutral” rating and $31 target. On Monday, April 16 the stock has “Buy” rating by Susquehanna. On Thursday, April 26 the stock of Echo Global Logistics, Inc. (NASDAQ:ECHO) has “Overweight” rating given by JP Morgan.

Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States.The firm is worth $839.77 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.The P/E ratio is 41.05. 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 recent Echo Global Logistics, Inc. (NASDAQ:ECHO) news were released by Nasdaq.com, Nasdaq.com and Globenewswire.com. The first one has “Chicago-Based 3PL, Echo Global Logistics, Is Bringing 70 New Tech Jobs to Its Headquarters This Year” as a title and was released on June 19, 2018. The next is “5 Top-Ranked Small Caps to Buy as Trade Tensions Escalate” on June 11, 2018. And last was released on June 07, 2018, called “Echo Global Logistics Ranks #969 in Fortune 1000”.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.