Ecovyst (NYSE:ECVT - Get Free Report) issued its earnings results on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.02, Zacks reports. The company had revenue of $182.00 million during the quarter, compared to analyst estimates of $192.05 million. Ecovyst had a net margin of 7.74% and a return on equity of 7.07%. Ecovyst updated its FY 2025 guidance to 0.500-0.700 EPS.
Ecovyst Stock Down 4.6 %
Shares of Ecovyst stock traded down $0.31 during midday trading on Monday, reaching $6.48. 2,389,750 shares of the company's stock traded hands, compared to its average volume of 769,201. The company has a market cap of $754.98 million, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 1.04 and a beta of 1.05. The company's 50 day simple moving average is $7.80 and its 200 day simple moving average is $7.38. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.06 and a current ratio of 2.54. Ecovyst has a 52 week low of $6.02 and a 52 week high of $11.35.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on ECVT. BWS Financial reissued a "buy" rating and set a $12.00 target price on shares of Ecovyst in a research note on Friday. Citigroup lifted their target price on shares of Ecovyst from $8.00 to $9.00 and gave the company a "buy" rating in a research note on Wednesday, December 18th. Finally, BMO Capital Markets decreased their target price on shares of Ecovyst from $11.00 to $9.00 and set an "outperform" rating for the company in a research note on Monday.
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Ecovyst Company Profile
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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.
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