Streetbeat News

ECDA

ECD Automotive Design, Inc.

https://ecdautodesign.com

Industry

Auto - Manufacturers

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. The company was founded in 2013 and is based in Kissimmee, Florida.

Open

0.96

Mkt cap

31M

Volume

37K

High

1.01

P/E Ratio

-10.07

52-wk high

17.00

Low

0.91

Div yield

N/A

52-wk low

0.75

Shares of auto-related companies are trading lower due to overall market weakness and concerns about a US economic slowdown, which could impact demand.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:06 pm

Shares of companies within the broader consumer discretionary sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:28 pm

ECD Auto Design has unveiled a custom one-of-one Defender in collaboration with Turtleback Trailer. This unique vehicle showcases the company's bespoke design capabilities.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:54 pm

ECD Automotive Design shares are trading higher after the company reported Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:36 pm

ECD Automotive Design reaffirms its FY24 revenue guidance of $33 million, representing a 108% increase compared to $15.1 million in 2023.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:21 pm

ECD Automotive Design (NASDAQ:ECDA) reported a Q1 EPS of $(0.05), unchanged from last year, with sales increasing by 206.87% to $8.31 million from $2.71 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:20 pm

ECD Auto Design, known for customizing vehicles, has announced its venture into electric vehicle (EV) territory by integrating EV powertrains into classic Mustang Fastback and Convertible models. This move signifies the company's entry into the growing EV market, focusing on combining classic car aesthetics with modern, sustainable technology.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:55 pm

ECD Auto Design, now trading on Nasdaq, reported a FY23 EPS of $(0.09), down from $(0.06) YoY, with revenue rising to $15.12M from $12.34M. The company saw a gross profit increase of 150% to $4.2M and an adjusted EBITDA of $1.1M, turning around from a $(1.3)M loss in 2022. Despite a net loss of $(1.6)M, up from $(1.4)M, ECD is optimistic, citing its acquisition of Brand New Muscle Car assets and a revenue guidance of $33M for 2024. The company emphasizes its growth strategies in the luxury classic car market and plans to expand its product line to include classic Ford Mustangs.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 12:33 pm

Shares of companies in the consumer discretionary sector, including ABNB, ARHS, BIRD, DASH, DFH, DUOL, ECDA, EZGO, F, JL, JWEL, KXIN, LOBO, LOT, MSC, RGS, SG, SOND, TBLT, VFS, ZCMD, are trading lower due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:50 pm

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