Echo Global Logistics, Inc. (NASDAQ:ECHO) has produced strong growth, but its future growth is expected to slow despite an expected recovery in transport demand. The stock is quite expensive and with the lowered growth expectations for the company, I’ll stay on the sidelines.
Financials
Echo Global has produced strong growth with its revenue increasing 28% per year over the last decade. The company operates profitably, but with low margins. Echo Global’s profit margin has ranged from 1% to 2% and the company’s return on equity ranged from 1% to 9%.
Echo Global’s operates