Ecovyst (NYSE:ECVT – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.580-0.720 for the period, compared to the consensus EPS estimate of 0.640. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $968.7 million.
Ecovyst Stock Down 3.5%
ECVT stock traded down $0.43 during trading on Wednesday, reaching $11.68. The stock had a trading volume of 992,821 shares, compared to its average volume of 1,804,837. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of -21.26, a P/E/G ratio of 0.56 and a beta of 1.10. The company has a quick ratio of 2.13, a current ratio of 2.38 and a debt-to-equity ratio of 0.68. The company’s 50 day moving average is $12.54 and its two-hundred day moving average is $12.50. Ecovyst has a one year low of $7.41 and a one year high of $15.09.
Ecovyst (NYSE:ECVT – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. The business had revenue of $214.95 million for the quarter, compared to analysts’ expectations of $191.07 million. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.The business’s revenue was up 50.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.01 earnings per share. Equities research analysts forecast that Ecovyst will post 0.56 EPS for the current year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on Ecovyst
Hedge Funds Weigh In On Ecovyst
A number of institutional investors and hedge funds have recently modified their holdings of the company. Squarepoint Ops LLC purchased a new position in Ecovyst in the second quarter worth about $1,239,000. Murchinson Ltd. purchased a new position in shares of Ecovyst in the second quarter worth approximately $1,220,000. First Trust Advisors LP bought a new stake in Ecovyst during the fourth quarter valued at approximately $633,000. Verition Fund Management LLC grew its position in Ecovyst by 21.0% during the fourth quarter. Verition Fund Management LLC now owns 60,003 shares of the company’s stock valued at $584,000 after buying an additional 10,422 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Ecovyst by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock worth $428,000 after acquiring an additional 2,874 shares during the period. 86.69% of the stock is currently owned by hedge funds and other institutional investors.
Ecovyst Company Profile
Ecovyst Inc is a global specialty chemicals company that develops, manufactures and markets performance-enhancing products for industrial applications. The company’s core offerings include catalysts, phosphorus-based additives and barium carbonate materials, all designed to improve process efficiency, product quality and environmental performance. Ecovyst serves a diverse customer base in the energy, refining, chemical, polymer, food and consumer goods industries.
The company’s Catalysts segment supplies fluid catalytic cracking (FCC) and hydroprocessing catalysts that help petroleum refiners maximize fuel yield, reduce sulfur emissions and meet increasingly stringent environmental standards.
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