Ecovyst (NYSE:ECVT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Ecovyst (NYSE:ECVT) from a buy rating to a strong-buy rating in a research report report published on Saturday morning.

Several other equities research analysts also recently issued reports on the company. Citigroup increased their target price on Ecovyst from $13.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. KeyCorp lifted their price target on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Weiss Ratings reiterated a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. Finally, BWS Financial increased their price objective on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Ecovyst has an average rating of “Moderate Buy” and a consensus target price of $14.00.

Ecovyst Price Performance

ECVT opened at $13.62 on Friday. The firm has a 50-day moving average price of $12.25 and a 200-day moving average price of $10.36. Ecovyst has a twelve month low of $5.68 and a twelve month high of $14.43. The company has a quick ratio of 2.42, a current ratio of 2.64 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of -21.97, a PEG ratio of 1.94 and a beta of 1.04.

Ecovyst (NYSE:ECVT) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. The company had revenue of $199.43 million for the quarter, compared to analysts’ expectations of $184.85 million. Ecovyst had a negative net margin of 9.27% and a positive return on equity of 9.39%. Ecovyst’s revenue was up 33.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.28 EPS. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Equities analysts expect that Ecovyst will post 0.49 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. OP Asset Management Ltd bought a new position in shares of Ecovyst in the first quarter worth $77,000. SG Americas Securities LLC boosted its stake in Ecovyst by 56.0% during the first quarter. SG Americas Securities LLC now owns 516,569 shares of the company’s stock valued at $6,643,000 after buying an additional 185,385 shares during the period. EP Wealth Advisors LLC bought a new stake in Ecovyst during the fourth quarter valued at $398,000. NewEdge Advisors LLC purchased a new position in Ecovyst during the fourth quarter worth about $8,712,000. Finally, Empowered Funds LLC grew its position in Ecovyst by 23.3% during the fourth quarter. Empowered Funds LLC now owns 521,672 shares of the company’s stock worth $5,076,000 after buying an additional 98,448 shares in the last quarter. 86.69% of the stock is owned by 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.