Ecovyst (NYSE:ECVT) Announces Earnings Results

Ecovyst (NYSE:ECVT) released its quarterly earnings data on Wednesday. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.02, Briefing.com reports. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.78%. The company had revenue of $249.95 million during the quarter, compared to the consensus estimate of $237.54 million. During the same period in the previous year, the firm earned $0.12 earnings per share. Ecovyst’s revenue for the quarter was up 24.9% on a year-over-year basis. 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 3.3%

Shares of Ecovyst stock traded down $0.36 during trading hours on Friday, hitting $10.63. 451,804 shares of the company’s stock traded hands, compared to its average volume of 1,802,040. Ecovyst has a twelve month low of $7.41 and a twelve month high of $15.09. The company has a market cap of $1.16 billion, a PE ratio of -20.07, a PEG ratio of 0.53 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 stock has a 50 day simple moving average of $12.44 and a 200-day simple moving average of $12.51.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ECVT. Royal Bank of Canada increased its holdings in Ecovyst by 8.6% during the 1st quarter. Royal Bank of Canada now owns 45,069 shares of the company’s stock worth $279,000 after purchasing an additional 3,571 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 buying an additional 2,874 shares during the last quarter. Empowered Funds LLC grew its position in shares of Ecovyst by 7.5% during the first quarter. Empowered Funds LLC now owns 344,030 shares of the company’s stock worth $2,133,000 after buying an additional 23,951 shares in the last quarter. Jane Street Group LLC grew its position in shares of Ecovyst by 954.1% during the first quarter. Jane Street Group LLC now owns 141,532 shares of the company’s stock worth $877,000 after buying an additional 128,105 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Ecovyst in the second quarter worth $129,000. Hedge funds and other institutional investors own 86.69% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Freedom Capital upgraded shares of Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Citigroup started coverage on Ecovyst in a research note on Wednesday, June 24th. They set an “overweight” rating on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st. BWS Financial reiterated a “buy” rating and issued a $16.00 target price on shares of Ecovyst in a research note on Thursday. Finally, Wall Street Zen upgraded Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Ecovyst presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.90.

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.