Litchfield Hills Research Weighs in on ECD Automotive Design, Inc.’s FY2024 Earnings (NASDAQ:ECDA)

ECD Automotive Design, Inc. (NASDAQ:ECDA) – Equities researchers at Litchfield Hills Research raised their FY2024 EPS estimates for ECD Automotive Design in a report released on Tuesday, June 18th. Litchfield Hills Research analyst T. O’neill now anticipates that the company will post earnings of $0.05 per share for the year, up from their prior estimate of $0.02. The consensus estimate for ECD Automotive Design’s current full-year earnings is $0.02 per share.

ECD Automotive Design Stock Performance

NASDAQ ECDA opened at $0.98 on Friday. The stock’s 50 day simple moving average is $1.12. ECD Automotive Design has a one year low of $0.77 and a one year high of $17.00.

Hedge Funds Weigh In On ECD Automotive Design

Institutional investors and hedge funds have recently bought and sold shares of the business. Levin Capital Strategies L.P. acquired a new stake in shares of ECD Automotive Design in the fourth quarter valued at $26,000. Context Capital Management LLC bought a new stake in ECD Automotive Design during the 4th quarter worth about $52,000. Finally, ATW Spac Management LLC acquired a new stake in ECD Automotive Design in the 4th quarter valued at about $191,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

ECD Automotive Design Company Profile

ECD Automotive Design, Inc engages in the production and sale of customized Land Rover vehicles in the United States. The company also provides repair or upgrade services and extended warranties to customers. It restores various vehicles, including Land Rovers Defenders, Land Rover Series IIA and III, the Range Rover Classic, and Jaguar E-Type.