Latest news with #Ecovyst
Yahoo
28-07-2025
- Business
- Yahoo
Ecovyst Inc. (ECVT) Progresses Well in 2025 With Strategic and Sustainable Growth
Ecovyst Inc. (NYSE:ECVT) is included in our list of the . An industrial processing facility, its chimneys and machines producing specialty chemicals. Ecovyst Inc. (NYSE:ECVT) is progressing well in 2025 with its strategic and sustainable growth. In May 2025, the company finalized its acquisition of Cornerstone Chemical's sulfuric acid production assets in Waggaman, Louisiana. This acquisition is expected to enhance supply reliability and network flexibility. With demand growth anticipated for virgin sulfuric acid and sulfuric acid regeneration services, this acquisition boosts the company's capacity to serve that demand. Meanwhile, the company reported stronger-than-expected adjusted EBITDA of $180.5 million for Q2 2025. Despite sales missing forecasts due to Ecoservices headwinds, the company's contract renewals and improved pricing improved the earnings. Meanwhile, the advanced materials segment showed recovery. Following the earnings release, BWS Financial maintained its 'Buy' rating on the stock with a $12 price target, believing that Ecovyst Inc. (NYSE:ECVT) will recover its earlier losses. Furthermore, Ecovyst Inc. (NYSE:ECVT) released its 2024 Sustainability Report in June. With the release, ECVT highlighted its continued efforts toward environmental goals, including reductions in emissions, energy use, and waste. Looking ahead, with an increase in its full-year sales forecast by $30 million, Ecovyst Inc. (NYSE:ECVT) signals confidence in its operational strength and strategic positioning. With Ecoservices and Advanced Materials & Catalysts, Ecovyst Inc. (NYSE:ECVT) delivers specialty chemicals and advanced materials in the U.S. and internationally. It is included in our list of cheap lithium stocks. While we acknowledge the potential of ECVT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Most Undervalued Cloud Stocks Under $10 According to Hedge Funds and 11 Best Mineral Stocks to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
15-07-2025
- Business
- Globe and Mail
Analysts Conflicted on These Materials Names: Royal Gold (RGLD) and Ecovyst (ECVT)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Royal Gold (RGLD – Research Report) and Ecovyst (ECVT – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Royal Gold (RGLD) In a report released yesterday, Lawson Winder from Bank of America Securities maintained a Sell rating on Royal Gold, with a price target of $185.00. The company's shares closed last Friday at $159.96, close to its 52-week high of $164.18. According to Winder is a 5-star analyst with an average return of 10.9% and a 57.4% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Freeport-McMoRan. ;'> Royal Gold has an analyst consensus of Moderate Buy, with a price target consensus of $198.33. Ecovyst (ECVT) Citi analyst Patrick Cunningham reiterated a Buy rating on Ecovyst on July 11 and set a price target of $10.00. The company's shares closed last Friday at $8.68. According to Cunningham is a 1-star analyst with an average return of -0.5% and a 47.8% success rate. Cunningham covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'> The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ecovyst with a $10.33 average price target.
Yahoo
02-07-2025
- Business
- Yahoo
Ecovyst (ECVT) Traded Lower in Q1. Here's Why
Hotchkis & Wiley, an investment management company, released its 'Hotchkis & Wiley Value Opportunities Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, the Russell 3000 Index declined -4.7%, driven by the mega-cap growth stocks. The Magnificent Seven represented over 28% of the Russell 3000 Index in the quarter, collectively experiencing a decline of 14%. The value outperformed its growth counterpart in the first quarter. The fund returned 2.27% in the quarter, exceeding the Russell 3000 Value Index's 1.64% return. For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Hotchkis & Wiley Value Opportunities Fund highlighted stocks such as Ecovyst Inc. (NYSE:ECVT). Ecovyst Inc. (NYSE:ECVT) provides specialty catalysts and services. The one-month return of Ecovyst Inc. (NYSE:ECVT) was -4.04%, and its shares lost 15.56% of their value over the last 52 weeks. On July 1, 2025, Ecovyst Inc. (NYSE:ECVT) stock closed at $7.60 per share, with a market capitalization of $892.248 million. Hotchkis & Wiley Value Opportunities Fund stated the following regarding Ecovyst Inc. (NYSE:ECVT) in its Q1 2025 investor letter: "Ecovyst Inc. (NYSE:ECVT) is a U.S. based catalyst producer that generates two thirds of sales from the ecoservices segment while one third of sales comes from catalyst technologies. Ecovyst reported an OK quarter, with strength in regeneration services offsetting timing related weakness in hydrocracking catalysts. FY 2025 EBITDA (Earnings Before Interest and Taxation, Depreciation and Amortization) is expected to be ~$248m at the midpoint (4% growth year over-year), below 2025 consensus estimates of $260m and our estimate of normal earnings. ECVT has pruned its once sprawling portfolio and has used proceeds to pay down debt and issue special dividends. ECVT's two remaining businesses, catalysts and ecoservices, grow organically ~MSD (mid-single digit) and earn sustainable, mid-30s EBITDA margins." A view of a large petro-chemical plant and its complex equipment. Ecovyst Inc. (NYSE:ECVT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 23 hedge fund portfolios held Ecovyst Inc. (NYSE:ECVT) at the end of the first quarter, which was 24 in the previous quarter. While we acknowledge the potential of Ecovyst Inc. (NYSE:ECVT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of ECVT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
30-06-2025
- Business
- Malaysian Reserve
Ecovyst Issues 2024 Sustainability Report
WAYNE, Pa., June 30, 2025 /PRNewswire/ — Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services ('Ecovyst'), today announced the release of its 2024 Sustainability Report, 'Building Momentum Towards a More Sustainable Future.' This report features 2024 data, including HSES, greenhouse gas emissions, energy, water, and waste results. It also highlights the incremental progress the company has made toward achieving its sustainability goals. 'In 2024 we continued to advance our sustainability programs and objectives, gaining momentum through our ongoing commitment to continuous improvement. At Ecovyst, we help our customers develop cleaner, more sustainable technologies, and we aim to support industries that advance society in a positive manner. Our products and services, such as sulfuric acid and sulfuric acid regeneration, are vital in the production of basic materials and cleaner-burning fuels that are essential for a sustainable global economy. In addition, we have continued to expand our portfolio of catalyst technologies with advanced silicas for biocatalysis and carbon capture processes, and zeolite catalysts that play a key role in the production of sustainable fuels and in advanced recycling processes,' said Kurt J. Bitting, Ecovyst's Chief Executive Officer. 'The sustainability goals we have set for 2025 and 2030 and our reported progress towards the achievement of our goals, including our industry-leading zero OSHA recordables injury rate in 2024, are outlined in the 2024 Sustainability Report. These goals will continue to guide our actions and our focus over the next several years. We are excited about the future and Ecovyst's key role in making the future more sustainable.' To read the full 2024 Ecovyst Sustainability Report, please go to: About Ecovyst Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services. We support customers globally through our strategically located network of manufacturing facilities. We believe that our products and services contribute to improving the sustainability of the environment. We have two uniquely positioned specialty businesses: Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides high quality and high strength virgin sulfuric acid for industrial and mining applications. Ecoservices also provides chemical waste handling and treatment services, as well as ex-situ catalyst activation services for the refining and petrochemical industry. Advanced Materials & Catalysts, through its Advanced Silicas business, provides finished silica catalysts, catalyst supports and functionalized silicas necessary to produce high performing plastics and to enable sustainable chemistry, and through its Zeolyst Joint Venture, innovates and supplies specialty zeolites used in catalysts that support the production of sustainable fuels, remove nitrogen oxides from diesel engine emissions and that are broadly applied in refining and petrochemical process. For more information, see our website at For more information:Gene Shiels – Director of Investor Relations(484) 617
Malaysian Reserve
06-05-2025
- Business
- Malaysian Reserve
Ecovyst Completes Acquisition of Waggaman, Louisiana, Sulfuric Acid Assets from Cornerstone Chemical
WAYNE, Pa., May 6, 2025 /PRNewswire/ — Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services ('Ecovyst'), announced today that Eco Services Operations Corp., a wholly-owned subsidiary of Ecovyst, has completed its acquisition of the Waggaman, Louisiana sulfuric acid production assets of Cornerstone Chemical Company. 'We are excited to welcome the Waggaman team to Ecovyst and we look forward to working with our new colleagues as we integrate the Cornerstone assets into our existing network,' said Kurt J. Bitting, Ecovyst's Chief Executive Officer. 'We expect the addition of the Cornerstone assets to translate into increased network flexibility and greater supply reliability for the benefit of our customers, while providing a significant increase in our capacity to serve the future growth in demand we anticipate for virgin sulfuric acid and for sulfuric acid regeneration services.' About Ecovyst Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services. We support customers globally through our strategically located network of manufacturing facilities. We believe that our products and services contribute to improving the sustainability of the environment. We have two uniquely positioned specialty businesses: Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides high quality and high strength virgin sulfuric acid for industrial and mining applications. Ecoservices also provides chemical waste handling and treatment services, as well as ex-situ catalyst activation services for the refining and petrochemical industry. Advanced Materials & Catalysts, through its Advanced Silicas business, provides finished silica catalysts, catalyst supports and functionalized silicas necessary to produce high performing plastics and to enable sustainable chemistry, and through its Zeolyst Joint Venture, innovates and supplies specialty zeolites used in catalysts that support the production of sustainable fuels, remove nitrogen oxides from diesel engine emissions and that are broadly applied in refining and petrochemical process. For more information, see our website at . Note on Forward-Looking Statements Some of the information contained in this press release constitutes 'forward-looking statements.' Forward-looking statements can be identified by words such as 'anticipates,' 'intends,' 'plans,' 'seeks,' 'believes,' 'estimates,' 'expects,' 'projects,' 'aims' and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. These forward-looking statements speak only as of the date of this release. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law. For more information: Gene Shiels – Director of Investor Relations (484) 617 1225 View original content to download multimedia: SOURCE Ecovyst Inc.
