Echo Global Logistics, Inc. (ECHO) Reaches $19.70 After 9.00% Up Move; HUGO BOSS AG SPON ADR EA REPR 1 5 ORD (BOSSY) Had 0 Analysts Last Week

October 12, 2017 - By Kurt Siggers

The stock of Echo Global Logistics, Inc. (NASDAQ:ECHO) is a huge mover today! About 100,224 shares traded. Echo Global Logistics, Inc. (NASDAQ:ECHO) has declined 17.14% since October 12, 2016 and is downtrending. It has underperformed by 33.84% the S&P500.The move comes after 6 months positive chart setup for the $562.13 million company. It was reported on Oct, 12 by Barchart.com. We have $21.47 PT which if reached, will make NASDAQ:ECHO worth $50.59 million more.

Among 3 analysts covering Hugo Boss AG (OTCMKTS:BOSSY), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Hugo Boss AG had 4 analyst reports since October 20, 2016 according to SRatingsIntel. As per Friday, January 13, the company rating was downgraded by Citigroup. The firm has “Neutral” rating given on Thursday, February 9 by BNP Paribas. The firm earned “Sector Perform” rating on Tuesday, February 21 by RBC Capital Markets. On Thursday, October 20 the stock rating was upgraded by BNP Paribas to “Outperform”. See HUGO BOSS AG SPON ADR EA REPR 1 5 ORD (OTCMKTS:BOSSY) latest ratings:

Among 12 analysts covering Echo Global Logistics (NASDAQ:ECHO), 6 have Buy rating, 2 Sell and 4 Hold. Therefore 50% are positive. Echo Global Logistics has $31 highest and $14 lowest target. $24.11’s average target is 22.39% above currents $19.7 stock price. Echo Global Logistics had 26 analyst reports since August 11, 2015 according to SRatingsIntel. Barrington Research maintained it with “Outperform” rating and $28 target in Monday, October 31 report. The rating was downgraded by UBS on Friday, July 28 to “Sell”. The stock has “Market Outperform” rating by Avondale on Friday, January 8. The firm has “Buy” rating given on Tuesday, August 18 by Stifel Nicolaus. The stock of Echo Global Logistics, Inc. (NASDAQ:ECHO) earned “Buy” rating by Stifel Nicolaus on Monday, September 11. The stock has “Buy” rating by Zacks on Friday, August 21. The stock has “Neutral” rating by Macquarie Research on Tuesday, August 11. The stock of Echo Global Logistics, Inc. (NASDAQ:ECHO) has “Neutral” rating given on Tuesday, December 20 by Susquehanna. The stock has “Buy” rating by Stifel Nicolaus on Thursday, September 28. The rating was maintained by Barrington Research with “Outperform” on Friday, August 28.

Investors sentiment increased to 1.09 in Q2 2017. Its up 0.23, from 0.86 in 2017Q1. It improved, as 13 investors sold Echo Global Logistics, Inc. shares while 40 reduced holdings. 10 funds opened positions while 48 raised stakes. 24.27 million shares or 3.85% less from 25.24 million shares in 2017Q1 were reported. Schwab Charles Inv accumulated 217,813 shares. 203,801 were accumulated by Tiverton Asset Llc. Moreover, Blackrock has 0% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 3.42M shares. 25,766 are owned by State Board Of Administration Of Florida Retirement Systems. The Pennsylvania-based Pitcairn has invested 0.03% in Echo Global Logistics, Inc. (NASDAQ:ECHO). State Teachers Retirement System holds 0% in Echo Global Logistics, Inc. (NASDAQ:ECHO) or 10,423 shares. Vanguard Group reported 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO). Teachers Retirement Sys Of The State Of Kentucky holds 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 11,200 shares. The New York-based Etrade Mngmt Limited Com has invested 0.03% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Alliancebernstein Limited Partnership, New York-based fund reported 36,320 shares. Moreover, Legal & General Gp Public Limited Com has 0% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 50,459 shares. California State Teachers Retirement Sys has invested 0% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Moreover, Hutchin Hill L P has 0.03% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO). Swiss Financial Bank reported 0% stake. State Of Alaska Department Of Revenue holds 0.01% in Echo Global Logistics, Inc. (NASDAQ:ECHO) or 5,371 shares.

Analysts await Echo Global Logistics, Inc. (NASDAQ:ECHO) to report earnings on October, 25. They expect $0.15 earnings per share, down 25.00% or $0.05 from last year’s $0.2 per share. ECHO’s profit will be $4.28M for 32.83 P/E if the $0.15 EPS becomes a reality. After $0.12 actual earnings per share reported by Echo Global Logistics, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Echo Global Logistics, Inc. is a provider of technology-enabled transportation and supply chain management solutions. The company has market cap of $562.13 million. The Firm utilizes a technology platform to compile and analyze data from its multi-modal network of transportation providers to facilitate its transportation and logistics services. It currently has negative earnings. The Firm focuses primarily on arranging transportation by truckload and less than truckload (LTL) carriers.

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