Ecovyst (NYSE:ECVT) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Ecovyst (NYSE:ECVT) posted its earnings results on Tuesday. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04, FiscalAI reports. The business had revenue of $215.00 million during the quarter, compared to the consensus estimate of $191.07 million. Ecovyst had a positive return on equity of 9.39% and a negative net margin of 9.27%.Ecovyst’s revenue was up 50.2% on a year-over-year basis. During the same quarter last year, the company earned $0.01 EPS. Ecovyst updated its FY 2026 guidance to 0.500-0.650 EPS.

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

• Strong Q1 performance: Sales were $215 million (up ~50% YoY) and adjusted EBITDA was $40 million (up 87% YoY), driven by double-digit growth in regeneration services and higher virgin sulfuric acid volumes including the Waggaman contribution.
• Calabrian acquisition announced: Agreed to buy Calabrian’s sulfur dioxide and derivatives business for ~$190 million (~8x trailing?12?month adj. EBITDA of ~$24M), expected to close by end of Q2 and expand Ecovyst into SO2, sodium bisulfite/thiosulfate/metabisulfite markets with cost and revenue synergies planned.
• 2026 outlook updated: Full?year sales range was raised to $890–970M (driven by ~ $30M of higher sulfur pass?through) while adjusted EBITDA guidance was tightened to $180–195M and adjusted free cash flow to $40–55M; guidance excludes Calabrian.
• Capital allocation and balance sheet: Returned $36M via share repurchases in Q1 (about $11/share) with $146M remaining authority, ended the quarter with $237M liquidity and net debt leverage of 1.2x, and plan to fund Calabrian with cash plus debt (pro forma leverage ~2x).
• Sulfur price volatility: Historic?high sulfur costs (partly due to the Iran conflict) are increasing reported sales through pass?through (~$33M in Q1 and ~$30M expected for 2026) and add volatility and downward pressure to reported margin percentages even though the pass?through is largely neutral to EBITDA.

Ecovyst Price Performance

ECVT traded up $0.38 during trading on Tuesday, hitting $14.50. The company’s stock had a trading volume of 614,229 shares, compared to its average volume of 1,836,750. The firm’s 50 day moving average price is $12.63 and its two-hundred day moving average price is $10.68. The company has a quick ratio of 2.42, a current ratio of 2.64 and a debt-to-equity ratio of 0.65. Ecovyst has a 12 month low of $6.54 and a 12 month high of $14.88. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of -23.39, a price-to-earnings-growth ratio of 2.02 and a beta of 1.12.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ECVT shares. Weiss Ratings restated a “sell (d)” rating on shares of Ecovyst in a research report on Wednesday, January 21st. BWS Financial raised their target price on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Wall Street Zen upgraded Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Citigroup lifted their price objective on Ecovyst from $13.00 to $15.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Finally, KeyCorp lifted their price objective on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.

Hedge Funds Weigh In On Ecovyst

Institutional investors have recently bought and sold shares of the business. Rubric Capital Management LP increased its stake in shares of Ecovyst by 1.0% in the 4th quarter. Rubric Capital Management LP now owns 10,500,000 shares of the company’s stock valued at $102,165,000 after buying an additional 100,000 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Ecovyst by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,387,278 shares of the company’s stock valued at $62,149,000 after buying an additional 130,206 shares during the period. Oaktree Capital Management LP increased its stake in shares of Ecovyst by 48.8% in the 4th quarter. Oaktree Capital Management LP now owns 4,254,503 shares of the company’s stock valued at $41,396,000 after buying an additional 1,395,481 shares during the period. State Street Corp increased its stake in shares of Ecovyst by 0.7% in the 4th quarter. State Street Corp now owns 2,543,242 shares of the company’s stock valued at $24,746,000 after buying an additional 17,702 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Ecovyst by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,271,907 shares of the company’s stock valued at $22,106,000 after buying an additional 28,528 shares during the period. Institutional investors own 86.69% of the company’s stock.

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.