Echo Global Logistics Stock Fundamentals
Echo Global Logistics fundamentals help investors to digest information that contributes to Echo Global's financial success or failures. It also enables traders to predict the movement of Echo Stock. The fundamental analysis module provides a way to measure Echo Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Echo Global stock.
Echo |
Echo Global Logistics Company Operating Margin Analysis
Echo Global's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Echo Global Operating Margin | 2.06 % |
Most of Echo Global's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Echo Global Logistics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Echo Global Logistics has an Operating Margin of 2.06%. This is 61.78% lower than that of the Industrials sector and significantly higher than that of the Integrated Freight & Logistics industry. The operating margin for all United States stocks is 137.39% lower than that of the firm.
Echo Global Logistics Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Echo Global's current stock value. Our valuation model uses many indicators to compare Echo Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Echo Global competition to find correlations between indicators driving Echo Global's intrinsic value. More Info.Echo Global Logistics is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Echo Global Logistics is roughly 2.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Echo Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Echo Global's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Echo Global's earnings, one of the primary drivers of an investment's value.Echo Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Echo Global's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Echo Global could also be used in its relative valuation, which is a method of valuing Echo Global by comparing valuation metrics of similar companies.Echo Global is currently under evaluation in operating margin category among related companies.
Echo Fundamentals
| Return On Equity | 11.46 | |||
| Return On Asset | 4.27 | |||
| Profit Margin | 1.46 % | |||
| Operating Margin | 2.06 % | |||
| Current Valuation | 943.28 M | |||
| Shares Outstanding | 26.64 M | |||
| Shares Owned By Insiders | 2.28 % | |||
| Shares Owned By Institutions | 94.26 % | |||
| Number Of Shares Shorted | 817 K | |||
| Price To Earning | 44.40 X | |||
| Price To Book | 3.07 X | |||
| Price To Sales | 0.40 X | |||
| Revenue | 3.18 B | |||
| Gross Profit | 393.2 M | |||
| EBITDA | 82.8 M | |||
| Net Income | 46.38 M | |||
| Cash And Equivalents | 63.93 M | |||
| Cash Per Share | 2.40 X | |||
| Total Debt | 150.01 M | |||
| Debt To Equity | 0.35 % | |||
| Current Ratio | 1.28 X | |||
| Book Value Per Share | 15.73 X | |||
| Cash Flow From Operations | 82.35 M | |||
| Short Ratio | 4.29 X | |||
| Earnings Per Share | 1.09 X | |||
| Price To Earnings To Growth | 0.55 X | |||
| Number Of Employees | 2.74 K | |||
| Beta | 1.14 | |||
| Market Capitalization | 1.28 B | |||
| Total Asset | 746.51 M | |||
| Retained Earnings | 108.86 M | |||
| Working Capital | 123.43 M | |||
| Current Asset | 260.82 M | |||
| Current Liabilities | 137.39 M | |||
| Z Score | 8.8 |
Pair Trading with Echo Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Echo Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Echo Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Illinois Tool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Illinois Tool when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Illinois Tool - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Illinois Tool Works to buy it.
The correlation of Illinois Tool is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Illinois Tool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Illinois Tool Works moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Illinois Tool can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Echo Global Logistics information on this page should be used as a complementary analysis to other Echo Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Echo Stock
If you are still planning to invest in Echo Global Logistics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Echo Global's history and understand the potential risks before investing.
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