Ecovyst Inc. (NYSE:ECVT) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Ecovyst Inc. (NYSE:ECVT) have been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $13.90.

ECVT has been the topic of several research reports. Citigroup initiated coverage on Ecovyst in a research report on Wednesday, June 24th. They issued an “overweight” rating on the stock. Freedom Capital raised shares of Ecovyst to a “strong-buy” rating in a research report on Monday, June 29th. BWS Financial reiterated a “buy” rating and issued a $16.00 price objective on shares of Ecovyst in a research note on Thursday, August 6th. Wall Street Zen raised shares of Ecovyst from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st.

Institutional Investors Weigh In On Ecovyst

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Ecovyst by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock worth $108,126,000 after purchasing an additional 191,394 shares during the period. BlackRock Inc. bought a new stake in Ecovyst during the second quarter valued at about $132,792,000. Rubric Capital Management LP increased its position in Ecovyst by 1.0% in the fourth quarter. Rubric Capital Management LP now owns 10,500,000 shares of the company’s stock worth $102,165,000 after buying an additional 100,000 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Ecovyst by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 6,498,654 shares of the company’s stock worth $83,573,000 after buying an additional 111,376 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Ecovyst by 246.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company’s stock worth $62,101,000 after buying an additional 3,435,942 shares during the period. Institutional investors own 86.69% of the company’s stock.

Ecovyst Price Performance

NYSE ECVT opened at $10.31 on Wednesday. The business’s fifty day moving average price is $11.99 and its 200-day moving average price is $12.46. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of -19.45, a PEG ratio of 0.45 and a beta of 1.10. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.70 and a quick ratio of 1.44. Ecovyst has a 1-year low of $7.41 and a 1-year high of $15.09.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. The company had revenue of $249.95 million during the quarter, compared to analyst estimates of $237.54 million. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.Ecovyst’s revenue was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. On average, equities analysts predict that Ecovyst will post 0.6 earnings per share for the current year.

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.