Last $27.69 USD
Change Today +0.08 / 0.29%
Volume 79.1K
ECHO On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

echo global logistics inc (ECHO) Snapshot

Open
$27.71
Previous Close
$27.61
Day High
$28.09
Day Low
$27.55
52 Week High
11/13/14 - $28.35
52 Week Low
03/3/14 - $15.54
Market Cap
657.6M
Average Volume 10 Days
141.8K
EPS TTM
$0.72
Shares Outstanding
23.7M
EX-Date
--
P/E TM
38.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for ECHO GLOBAL LOGISTICS INC (ECHO)

echo global logistics inc (ECHO) Related Bloomberg News

View More Bloomberg News

echo global logistics inc (ECHO) Related Businessweek News

No Related Businessweek News Found

echo global logistics inc (ECHO) Details

Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. It uses a proprietary technology platform to compile and analyze data from its multi-modal network of motor, rail, and air freight transportation providers for the transportation and logistics needs. The company offers services in various transportation modes, such as truckload, less-than truck-load, small parcel, inter-modal, domestic air, and expedited and international transportation services. Its principal logistics services include rate negotiation; procurement of transportation; shipment execution and tracking; carrier management, reporting, and compliance; executive dashboard presentations and detailed shipment reports; freight bill audit and payment; 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. The company serves clients operating in various industries, such as manufacturing, construction, consumer products, and retail. Echo Global Logistics, Inc. was founded in 2005 and is headquartered in Chicago, Illinois.

1,297 Employees
Last Reported Date: 02/28/14
Founded in 2005

echo global logistics inc (ECHO) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $725.0K
President and Chief Operating Officer
Total Annual Compensation: $531.1K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $315.3K
Chief Commercial Officer
Total Annual Compensation: $347.8K
Compensation as of Fiscal Year 2013.

echo global logistics inc (ECHO) Key Developments

Echo Global Logistics Seeks Acquisitions

Echo Global Logistics, Inc. (NasdaqGS:ECHO) is seeking acquisitions. Doug Waggoner, Chief Executive Officer of Echo Global Logistics, said, “We are very acquisitive. We have done 18 acquisitions since about 2007. Our acquisition strategy is to buy small brokers, tuck-in acquisitions, where it is fairly easy to put them on our technology. It is fairly easy to convert them into our culture. And we look for owners that want to be part of Echo and grow their branch location as part of Ago.”

Echo Global Logistics, Inc. Announces Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Year of 2014; Provides Tax Rate Guidance for the Fourth Quarter of 2014

Echo Global Logistics, Inc. announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income of $5.5 million or $0.23 per share, compared with the prior-year period's $4.4 million or $0.19 per share. Non-GAAP net income was $6 million or $0.25 per share, versus $4.4 million or $0.19 per share in the same quarter the previous year. Revenue was $320.6 million, up 37% from $234.8 million in the same quarter last year. Non-GAAP EBITDA was $13.5 million against $9.8 million a year ago. Non-GAAP Operating income was $9.8 million against $7.1 million a year ago. Non-GAAP Income before taxes was $9.7 million against $7.1 million a year ago. Non-GAAP net income was $6.0 million against $4.4 million a year ago. Non-GAAP fully diluted EPS was $0.25 against $0.19 a year ago. Fully Diluted EPS was $0.23 against $0.19 a year ago. Income from operations was $8,974,630 against $7,112,382 a year ago. Income before provision for income tax was $8,859,657 against $7,037,054 a year ago. In the third quarter of 2014, it generated $8.7 million in positive operating cash flow. This was a decrease of 20% from the third quarter of 2013 as operating earnings were offset by working capital required due to higher organic growth rates. Capital expenditures totaled $4.0 million in the quarter, an increase of 51% from the third quarter of 2013. For the nine months, the company reported revenue of $873,355,913 against $662,870,833 a year ago. Income from operations was $19,883,926 against $18,728,136 a year ago. Income from operations was $8,974,630 against $7,112,382 a year ago. Income before provision for income tax was $19,651,628 against $18,451,862 a year ago. Net income was $12,131,780 or $0.51 per diluted share against $11,461,574 or $0.49 per diluted share a year ago. Net cash provided by operating activities was $27,049,208 against $21,742,005 a year ago. The company now expects fiscal 2014 revenue of $1.16 billion - $1.18 billion. For the fourth quarter, the company expects effective tax rate to be near 41.0%.

Echo Global Logistics, Inc. Presents at Stephens Inc. Fall Investment Conference 2014, Nov-12-2014 01:00 PM

Echo Global Logistics, Inc. Presents at Stephens Inc. Fall Investment Conference 2014, Nov-12-2014 01:00 PM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ECHO:US $27.69 USD +0.08

ECHO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
JB Hunt Transport Services Inc $81.82 USD +0.36
United Parcel Service Inc $106.98 USD -0.14
YRC Worldwide Inc $23.06 USD -0.84
View Industry Companies
 

Industry Analysis

ECHO

Industry Average

Valuation ECHO Industry Range
Price/Earnings 43.7x
Price/Sales 0.6x
Price/Book 3.6x
Price/Cash Flow 23.7x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ECHO GLOBAL LOGISTICS INC, please visit www.echo.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.