Echo Global Logistics Stock

Echo Global Logistics Market capitalization 2024

Echo Global Logistics Market capitalization

1.27 B USD

Ticker

ECHO

ISIN

US27875T1016

WKN

A0QZZH

In 2024, Echo Global Logistics's market cap stood at 1.27 B USD, a 64.36% increase from the 774.84 M USD market cap in the previous year.

The Echo Global Logistics Market capitalization history

YEARMarket Capitalization (undefined USD)
2020609.05
2019584.4
2018796.34
2017579.44
2016705.23
2015747.15
2014512.16
2013464.3
2012402.04
2011320.31
2010278.28
2009197.95
2008-
2007-
2006-

Echo Global Logistics Aktienanalyse

What does Echo Global Logistics do?

Echo Global Logistics Inc is a company that specializes in providing transportation and logistics solutions for businesses. The company was founded in 2005 and is headquartered in Chicago, Illinois. Echo Global Logistics is a technology company that offers a cloud-based platform for collaborating with transportation partners and managing supply chains. The company uses automation and artificial intelligence to match freight requests with truck capacity and ensure an efficient supply chain. Echo Global Logistics offers a wide range of logistics services, such as full truckload, less-than-truckload, air, and sea freight. The company also provides solutions for multimodal and intermodal transportation. In addition, Echo Global Logistics offers warehousing, inventory management, and fulfillment services. Echo Global Logistics operates in various industries, such as food and beverage, retail, automotive, healthcare, and technology. This diversification allows the company to provide a wide range of solutions to its customers and reduce potential risks. One of Echo Global Logistics' strengths is its ability to develop customized logistics solutions tailored to the specific needs of individual customers. The company has an experienced team of logistics experts who work closely with customers to find the best transportation solution. Echo Global Logistics has also established partnerships with various transportation companies to ensure reliable capacity supply. The company continuously invests in its technology platform to ensure seamless collaboration between customers and transport partners. Overall, Echo Global Logistics has experienced impressive growth over the years. The company has expanded its operations to other regions such as Europe and Asia and has also made various acquisitions to expand its business. In summary, Echo Global Logistics is a leading provider of transportation and logistics services that offers a wide range of solutions to its customers. The company has an experienced team of logistics experts and uses technology to ensure efficient collaboration between customers and transport partners. With its diversification and ability to offer customized solutions, Echo Global Logistics has experienced impressive growth over time and is expected to continue to play a significant role in the transport and logistics industry. Echo Global Logistics ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Echo Global Logistics's Market Capitalization

Echo Global Logistics's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Echo Global Logistics's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Echo Global Logistics's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Echo Global Logistics’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Echo Global Logistics stock

What is the current Echo Global Logistics market capitalization?

The current market capitalization of Echo Global Logistics is 1.27 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Echo Global Logistics.

How has the market capitalization of Echo Global Logistics developed in recent years?

The market capitalization of Echo Global Logistics has increased/decreased by 64.36% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Echo Global Logistics?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Echo Global Logistics?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Echo Global Logistics have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Echo Global Logistics pay?

Over the past 12 months, Echo Global Logistics paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Echo Global Logistics is expected to pay a dividend of 0 USD.

What is the dividend yield of Echo Global Logistics?

The current dividend yield of Echo Global Logistics is .

When does Echo Global Logistics pay dividends?

Echo Global Logistics pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Echo Global Logistics?

Echo Global Logistics paid dividends every year for the past 0 years.

What is the dividend of Echo Global Logistics?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Echo Global Logistics located?

Echo Global Logistics is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Echo Global Logistics kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Echo Global Logistics from 11/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/10/2024.

When did Echo Global Logistics pay the last dividend?

The last dividend was paid out on 11/10/2024.

What was the dividend of Echo Global Logistics in the year 2023?

In the year 2023, Echo Global Logistics distributed 0 USD as dividends.

In which currency does Echo Global Logistics pay out the dividend?

The dividends of Echo Global Logistics are distributed in USD.

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Andere Kennzahlen von Echo Global Logistics

Our stock analysis for Echo Global Logistics Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Echo Global Logistics Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.