Following Douglas Waggoner’s last ECHO Sell transaction on November 08, 2017, the stock climbed by 8.9%.
Based on Echo Global Logistics’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $801 million and quarterly net profit of $10.2 million. In comparison, last year the company earned revenue of $551 million and had a GAAP net loss of $2.93 million. The company has a one-year high of $37.65 and a one-year low of $19.69. Currently, Echo Global Logistics has an average volume of 95.27K.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $38.00, reflecting a -13.4% downside.
The insider sentiment on Echo Global Logistics has been negative according to 19 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Echo Global Logistics, Inc. engages in the provision of technology enabled transportation and supply chain management services, delivered on a proprietary technology platform serving the transportation and logistics needs of its clients. It also focuses on transportation with arrangements truckload and less than truck load carriers, and also offers small parcel, inter-modal, domestic air, expedited and international transportation services. The company was founded by Bradley A. Keywell and Eric P. Lefkofsky in January 2005 and is headquartered in Chicago, IL.