Ecovyst (NYSE:ECVT) Announces Earnings Results

Ecovyst (NYSE:ECVT) posted its quarterly earnings data on Wednesday. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.02, Briefing.com reports. The firm had revenue of $249.95 million during the quarter, compared to analyst estimates of $237.54 million. Ecovyst had a positive return on equity of 13.78% and a negative net margin of 7.05%.The business’s quarterly revenue was up 24.9% on a year-over-year basis. During the same period last year, the company posted $0.12 EPS. Ecovyst updated its FY 2026 guidance to 0.580-0.720 EPS.

Here are the key takeaways from Ecovyst’s conference call:

• Second-quarter performance exceeded expectations, with Adjusted EBITDA of $53 million, up 27% year over year, driven by strong regenerated and virgin sulfuric acid volumes, favorable pricing, and high refinery utilization.
• Ecovyst completed its acquisition of Calabrian, which management expects to contribute $10 million-$12 million of Adjusted EBITDA in the second half, remain cash-flow positive, and generate approximately $3 million-$4 million in cost and revenue synergies.
• Full-year 2026 guidance was raised to $195 million-$207 million of Adjusted EBITDA and $45 million-$55 million of Adjusted Free Cash Flow; sales guidance increased to $1.02 billion-$1.06 billion, including Calabrian.
• Calabrian’s acquisition debt lifted net leverage to 2.0x from 1.2x, while planned Gulf Coast expansion and the acquisition increased 2026 capital-expenditure guidance to $85 million-$95 million.
• Management expects potential pressure from elevated sulfur prices, including temporary customer destocking if prices begin to decline, while second-half virgin acid volumes are expected to trail 2025 and turnaround costs will remain elevated.

Ecovyst Stock Down 4.2%

Shares of Ecovyst stock traded down $0.48 during trading hours on Thursday, reaching $10.97. The company’s stock had a trading volume of 1,717,901 shares, compared to its average volume of 1,305,576. Ecovyst has a one year low of $7.41 and a one year high of $15.09. The company has a market capitalization of $1.20 billion, a P/E ratio of -20.69, a P/E/G ratio of 0.53 and a beta of 1.10. The stock’s fifty day simple moving average is $12.44 and its two-hundred day simple moving average is $12.51. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.13 and a current ratio of 2.38.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ECVT. Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Wall Street Zen raised shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. BWS Financial reiterated a “buy” rating and issued a $16.00 price objective on shares of Ecovyst in a research note on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st. Finally, Citigroup assumed coverage on shares of Ecovyst in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ecovyst currently has an average rating of “Moderate Buy” and an average price target of $13.90.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. bought a new position in Ecovyst during the 3rd quarter valued at $87,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Ecovyst in the third quarter valued at about $89,000. PharVision Advisers LLC purchased a new stake in shares of Ecovyst in the third quarter valued at about $101,000. CIBC Bancorp USA Inc. bought a new position in shares of Ecovyst during the third quarter valued at about $109,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Ecovyst during the second quarter worth about $129,000. Hedge funds and other institutional investors own 86.69% of the company’s stock.

About Ecovyst

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.