Ecovyst (NYSE:ECVT) Posts Earnings Results, Beats Expectations By $0.02 EPS

Ecovyst (NYSE:ECVT) announced its quarterly earnings data on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02, Zacks reports. Ecovyst had a net margin of 7.74% and a return on equity of 7.07%. Ecovyst updated its FY 2025 guidance to 0.500-0.700 EPS.

Ecovyst Stock Down 16.7 %

NYSE:ECVT traded down $1.35 during mid-day trading on Thursday, hitting $6.75. 1,577,065 shares of the company’s stock were exchanged, compared to its average volume of 642,993. Ecovyst has a one year low of $6.02 and a one year high of $11.35. The business has a fifty day moving average price of $7.82 and a 200 day moving average price of $7.37. The company has a market cap of $786.21 million, a PE ratio of 14.66, a P/E/G ratio of 1.04 and a beta of 1.05. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.54 and a quick ratio of 2.06.

Analysts Set New Price Targets

ECVT has been the topic of a number of recent research reports. Citigroup raised their price objective on Ecovyst from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. BWS Financial restated a “buy” rating and set a $12.00 price target on shares of Ecovyst in a research report on Wednesday, December 4th. Finally, BMO Capital Markets boosted their price objective on shares of Ecovyst from $9.00 to $10.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd.

About Ecovyst

Ecovyst Inc offers specialty catalysts and services in the United States and internationally. The company operates in two segments, Ecoservices and Advanced Materials & Catalysts. The Ecoservices segment provides sulfuric acid recycling services and end-to-end logistics for production of alkylate for refineries; and virgin sulfuric acid for mining, water treatment, and industrial applications.