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

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

Ecovyst Price Performance

NYSE ECVT traded down $1.16 during midday trading on Thursday, hitting $6.95. The company had a trading volume of 3,587,533 shares, compared to its average volume of 698,264. Ecovyst has a twelve month low of $6.02 and a twelve month high of $11.35. The firm has a 50-day moving average price of $7.82 and a 200-day moving average price of $7.37. The company has a current ratio of 2.54, a quick ratio of 2.06 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $809.16 million, a PE ratio of 15.10, a P/E/G ratio of 1.04 and a beta of 1.05.

Wall Street Analysts Forecast Growth

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

Ecovyst Company Profile

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.