Ecovyst (ECVT) Set to Announce Quarterly Earnings on Thursday

Ecovyst (NYSE:ECVT) is scheduled to announce its earnings results before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Ecovyst (NYSE:ECVT) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.03). Ecovyst had a net margin of 10.70% and a return on equity of 10.83%. The company had revenue of $160.50 million during the quarter, compared to analyst estimates of $171.56 million. On average, analysts expect Ecovyst to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ecovyst Stock Performance

NYSE ECVT opened at $9.40 on Wednesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.50 and a quick ratio of 2.01. Ecovyst has a 1 year low of $8.26 and a 1 year high of $12.34. The company has a market capitalization of $1.10 billion, a PE ratio of 14.91, a P/E/G ratio of 0.56 and a beta of 1.05. The company has a fifty day moving average of $9.20 and a two-hundred day moving average of $9.55.

Analyst Ratings Changes

Several research firms have issued reports on ECVT. BWS Financial restated a “buy” rating and issued a $18.00 price objective on shares of Ecovyst in a research note on Friday, May 3rd. Citigroup decreased their price objective on shares of Ecovyst from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Friday, July 12th.

Ecovyst Company Profile

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.