Ecovyst (NYSE:ECVT) Releases 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.

Analysts Set New Price Targets

Separately, BWS Financial reiterated a "buy" rating and issued a $12.00 target price on shares of Ecovyst in a research report on Monday, May 5th.

Ecovyst Trading Down 1.5%

Shares of Ecovyst stock opened at $8.35 on Thursday. Ecovyst has a 12-month low of $5.24 and a 12-month high of $9.07. The stock has a market cap of $979.70 million, a price-to-earnings ratio of -84.14, a PEG ratio of 0.72 and a beta of 1.18. The company has a current ratio of 2.81, a quick ratio of 2.24 and a debt-to-equity ratio of 1.22. The company has a fifty day simple moving average of $8.33 and a 200-day simple moving average of $7.43.

Institutional Trading of Ecovyst

Several hedge funds have recently modified their holdings of the business. Royal Bank of Canada increased its stake in shares of Ecovyst by 8.6% during the 1st quarter. Royal Bank of Canada now owns 45,069 shares of the company's stock valued at $279,000 after acquiring an additional 3,571 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Ecovyst by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company's stock valued at $428,000 after buying an additional 2,874 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 acquiring an additional 128,105 shares during the period. Finally, Empowered Funds LLC grew its position in Ecovyst by 7.5% in 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 during the last quarter. 86.69% of the stock is 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.