Ecovyst Inc. (NYSE:ECVT) Receives $13.90 Consensus Price Target from Analysts

Ecovyst Inc. (NYSE:ECVT) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $13.90.

Several analysts have recently weighed in on ECVT shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ecovyst in a research note on Monday, June 1st. Citigroup began coverage on Ecovyst in a research note on Wednesday, June 24th. They issued an “overweight” rating on the stock. Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Finally, Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th.

Ecovyst Stock Down 3.2%

Shares of NYSE:ECVT opened at $12.48 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.38 and a quick ratio of 2.13. The business has a 50 day simple moving average of $12.78 and a two-hundred day simple moving average of $12.40. Ecovyst has a 1 year low of $7.41 and a 1 year high of $15.09. The firm has a market capitalization of $1.37 billion, a PE ratio of -22.69, a price-to-earnings-growth ratio of 0.60 and a beta of 1.10.

Ecovyst (NYSE:ECVT) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04. The company had revenue of $214.95 million for the quarter, compared to the consensus estimate of $191.07 million. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The firm’s revenue was up 50.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.01 EPS. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. On average, equities analysts predict that Ecovyst will post 0.56 EPS for the current year.

Institutional Trading of Ecovyst

Hedge funds have recently added to or reduced their stakes in the business. Kestrel Investment Management Corp purchased a new stake in shares of Ecovyst in the 4th quarter worth approximately $3,965,000. Vanguard Group Inc. boosted its stake in shares of Ecovyst by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock valued at $108,126,000 after purchasing an additional 191,394 shares in the last quarter. SG Americas Securities LLC increased its holdings in Ecovyst by 938.0% during the fourth quarter. SG Americas Securities LLC now owns 331,184 shares of the company’s stock valued at $3,222,000 after buying an additional 299,278 shares during the period. Harbor Capital Advisors Inc. increased its holdings in Ecovyst by 22.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 584,647 shares of the company’s stock valued at $5,689,000 after buying an additional 105,696 shares during the period. Finally, Owls Nest Partners IA LLC increased its holdings in Ecovyst by 10.6% during the fourth quarter. Owls Nest Partners IA LLC now owns 1,826,120 shares of the company’s stock valued at $17,768,000 after buying an additional 175,060 shares during the period. 86.69% of the stock is owned by hedge funds and other institutional investors.

About Ecovyst

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.