Ecovyst (NYSE:ECVT) Issues FY 2025 Earnings Guidance

Key Points

• Ecovyst has updated its FY 2025 earnings guidance, projecting earnings per share between 0.520 and 0.680, compared to the consensus estimate of 0.629.
• The company also issued revenue guidance of $795.0 million to $835.0 million, slightly lower than the consensus estimate of $797.9 million.
• Ecovyst's stock is currently trading down by 1.5%, with a recent trading price of $8.35 and a market capitalization of approximately $979.70 million.

Ecovyst (NYSE:ECVT - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.520-0.680 for the period, compared to the consensus earnings per share estimate of 0.629. The company issued revenue guidance of $795.0 million-$835.0 million, compared to the consensus revenue estimate of $797.9 million.

Wall Street Analyst Weigh In

Separately, BWS Financial reissued a "buy" rating and issued a $12.00 price target on shares of Ecovyst in a report on Monday.

Ecovyst Trading Up 3.5%

Shares of ECVT traded up $0.30 during trading hours on Monday, hitting $8.76. The stock had a trading volume of 1,229,293 shares, compared to its average volume of 1,217,565. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.24 and a current ratio of 2.81. The firm has a market cap of $1.03 billion, a P/E ratio of -72.92, a P/E/G ratio of 0.72 and a beta of 1.18. The company's fifty day simple moving average is $8.36 and its 200 day simple moving average is $7.43. Ecovyst has a 12-month low of $5.24 and a 12-month high of $9.07.

Ecovyst (NYSE:ECVT - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.12 earnings per share for the quarter, hitting the consensus estimate of $0.12. Ecovyst had a negative net margin of 1.91% and a positive return on equity of 7.64%. The firm had revenue of $200.10 million for the quarter, compared to analysts' expectations of $204.27 million. During the same period in the previous year, the company posted $0.12 EPS. The company's quarterly revenue was up 9.5% compared to the same quarter last year. Equities research analysts forecast that Ecovyst will post 0.44 EPS for the current fiscal year.

Hedge Funds Weigh In On Ecovyst

A number of large investors have recently modified their holdings of the business. Empowered Funds LLC boosted its position in shares of Ecovyst by 7.5% during the 1st quarter. Empowered Funds LLC now owns 344,030 shares of the company's stock worth $2,133,000 after purchasing an additional 23,951 shares in the last quarter. Jane Street Group LLC raised its holdings in Ecovyst by 954.1% in the 1st quarter. Jane Street Group LLC now owns 141,532 shares of the company's stock worth $877,000 after purchasing an additional 128,105 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Ecovyst by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company's stock valued at $428,000 after purchasing an additional 2,874 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in Ecovyst by 8.6% during the first quarter. Royal Bank of Canada now owns 45,069 shares of the company's stock valued at $279,000 after buying an additional 3,571 shares during the period. 86.69% of the stock is currently owned by institutional investors and hedge funds.

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.