FY2024 EPS Estimates for ECD Automotive Design, Inc. Lifted by Litchfield Hills Research (NASDAQ:ECDA)

ECD Automotive Design, Inc. (NASDAQ:ECDA) – Equities research analysts at Litchfield Hills Research upped their FY2024 EPS estimates for shares of ECD Automotive Design in a research report issued 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 Price Performance

ECDA stock opened at $1.05 on Friday. ECD Automotive Design has a 12 month low of $0.77 and a 12 month high of $17.00. The business’s 50-day moving average price is $1.14.

Hedge Funds Weigh In On ECD Automotive Design

Large investors have recently made changes to their positions in the company. ATW Spac Management LLC purchased a new stake in ECD Automotive Design in the 4th quarter valued at about $191,000. Context Capital Management LLC bought a new stake in shares of ECD Automotive Design in the 4th quarter valued at about $52,000. Finally, Levin Capital Strategies L.P. bought a new position in shares of ECD Automotive Design during the fourth quarter valued at approximately $26,000. 94.81% of the stock is owned by hedge funds and other institutional investors.

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.