Overview
Sulfuric acid provider's Q4 sales rose 33.9% yr/yr, beating analyst expectations
Adjusted net income for Q4 beat analyst expectations
Company completed sale of Advanced Materials & Catalysts segment for $556 mln
Outlook
Ecovyst expects 2026 sales between $860 mln and $940 mln
Company anticipates 2026 adjusted EBITDA of $175 mln to $195 mln
Ecovyst projects 2026 adjusted net income of $55 mln to $75 mln
Result Drivers
VIRGIN SULFURIC ACID - Higher sales volume, including contribution from Waggaman acquisition, drove sales increase
REGENERATED SULFURIC ACID - Favorable pricing offset by lower sales volume due to customer downtime
SULFUR COSTS - Pass-through effect of higher sulfur costs added $28 million to sales
Company press release: ID:nPn46RSCga
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Beat | $199.40 mln | $184.90 mln (5 Analysts) |
Q4 Adjusted Net Income | Beat | $32.40 mln | $17.51 mln (5 Analysts) |
Q4 Net Income | $5.80 mln | ||
Q4 Adjusted EBITDA | Beat | $51.30 mln | $48.62 mln (6 Analysts) |
Q4 Gross Profit | $46.80 mln | ||
Q4 Operating Income | $21.80 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the diversified chemicals peer group is "buy"
Wall Street's median 12-month price target for Ecovyst Inc is $12.00, about 6% above its February 25 closing price of $11.32
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 13 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)