Echo Global Logistics Inc (ECHO) Stock Forecast & Predictions

Echo Global Logistics Inc ECHO: $48.24

600 W Chicago Ave Ste 725, Chicago, Illinois, United States. | Sector: Transportation and Warehousing | Exchange: NASDAQ | Web: www.echo.com

  • Market Cap$0.00B
  • Change (52 Weeks)0.00%
  • Low (52 Weeks)$0
  • Echo Global Logistics Inc (ECHO) Stock Price Prediction By Analysts


    HighLowAverage
    $50.66$45.45$48.11
    $48.110.27% Downside
    Updated: 2021-11-25 00:00:00

    The Average Price target for ECHO set by the institutional analysts is $48.11 where High Estimate is $50.66, Median $49.215 and Low $45.45.

    The average price target for ECHO by Institutional Analysts is $48.11, which is 0.27% Downside from the current price. So according to the Institutional Analysts, ECHO Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Echo Global Logistics Inc (ECHO) Stock Forecast Based on Investor Sentiment


    Neutral
    Based on 547,172 investor portfolio.

    Our algorithm has analysed 547,172 investor portfolio with ECHO stock holdings and found that 0.00% of them are bullish. Which means the Investor Sentiment is mostly Neutral.

    This shows most investors at this stage are confused about ECHO stock price, whille half of them are optimistic that the price can rise further, half of them think the stock is overvalued and the price can fall anytime.

    Echo Global Logistics Inc (ECHO) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Barrington ResearchMarket PerformDowngraded
    Truist SecuritiesHoldDowngraded
    StifelHoldDowngraded
    Morgan StanleyEqual-WeightMaintained
    Stephens & Co.OverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    SusquehannaNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    StifelBuyMaintained
    Credit SuisseNeutralMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    StifelBuyMaintained
    UBSNeutralMaintained
    Stephens & Co.OverweightUpgraded
    Loop CapitalBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    JP MorganNeutralMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    SusquehannaPositiveUpgraded
    Credit SuisseNeutralMaintained
    JP MorganNeutralDowngraded
    Loop CapitalHoldDowngraded
    UBSNeutralMaintained
    Morgan StanleyEqual-WeightUpgraded
    SunTrust Robinson HumphreyBuyInitiated
    Loop CapitalBuyUpgraded
    UBSNeutralMaintained
    Loop CapitalHoldInitiated
    Morgan StanleyUnderweightMaintained
    Stifel NicolausBuyMaintained
    Credit SuisseNeutralMaintained
    Cowen & Co.OutperformMaintained
    Morgan StanleyUnderweightMaintained
    UBSNeutralMaintained
    JP MorganOverweightMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyUnderweightDowngraded
    Credit SuisseNeutralMaintained
    UBSNeutralUpgraded
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    Cowen & Co.OutperformMaintained
    JP MorganOverweightMaintained
    Morgan StanleyEqual-WeightDowngraded
    UBSSellDowngraded
    Morgan StanleyOverweightMaintained
    UBSNeutralDowngraded
    JP MorganOverweightInitiated
    Avondale PartnersMarket OutperformUpgraded
    BB&T CapitalBuyUpgraded
    Stifel NicolausBuyUpgraded
    MacquarieOutperformUpgraded
    Credit SuisseOutperformUpgraded
    Stephens & Co.OverweightMaintained
    Cowen & Co.OutperformMaintained
    Stifel NicolausHoldUpgraded
    BB&T CapitalHoldDowngraded
    UBSBuyInitiated
    EVA DimensionsOverweightUpgraded
    Credit SuisseNeutralMaintained
    Stifel NicolausSellDowngraded
    Credit SuisseNeutralMaintained
    FBR CapitalOutperformMaintained
    Craig-HallumBuyUpgraded
    BB&T CapitalBuyUpgraded
    FBR CapitalOutperformUpgraded
    Credit SuisseNeutralDowngraded
    BB&T CapitalHoldInitiated
    Cowen & Co.OutperformInitiated
    FBR CapitalMarket PerformDowngraded
    Stifel NicolausHoldDowngraded
    StifelHoldDowngraded
    Craig-HallumHoldDowngraded
    Morgan StanleyOverweightUpgraded
    Stifel NicolausBuyMaintained
    Stifel NicolausBuyUpgraded

    Echo Global Logistics Inc (ECHO) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.520
    The average consensus EPS for ECHO is $0.520 with a high estimate of $0.599 and Low of $0.451 for the period 2022-03-31 and based on 6 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.93$0.74912021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.60862021-12-31
    $0.93$0.74912021-09-30
    $0.84$0.60512021-06-30
    $0.61$0.48042021-03-31
    $0.56$0.44382020-12-31
    $0.4$0.29532020-09-30
    $0.19$0.11062020-06-30
    $0.19$0.20132020-03-31
    $0.26$0.24882019-12-31
    $0.39$0.37932019-09-30
    $0.42$0.42512019-06-30
    $0.38$0.37042019-03-31
    $0.47$0.38322018-12-31
    $0.55$0.47132018-09-30
    $0.46$0.39692018-06-30
    $0.4$0.3082018-03-31
    $0.33$0.19642017-12-31
    $0.27$0.18782017-09-30
    $0.18$0.20352017-06-30
    $0.09$0.10422017-03-31
    $0.16$0.17542016-12-31
    $0.33$0.33072016-09-30
    $0.33$0.31342016-06-30
    $0.27$0.24032016-03-31
    $0.28$0.24972015-12-31
    $0.34$0.31812015-09-30
    $0.3$0.2472015-06-30
    $0.15$0.15372015-03-31
    $0.2$0.18442014-12-31
    $0.25$0.22422014-09-30
    $0.22$0.18392014-06-30
    $0.14$0.11822014-03-31
    $0.11$0.17912013-12-31
    $0.19$0.21452013-09-30
    $0.17$0.17252013-06-30
    $0.15$0.15812013-03-31
    $0.15$0.17542012-12-31
    $0.17$0.19012012-09-30
    $0.17$0.17242012-06-30
    $0.14$0.14512012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).