Ecovyst Inc. (NYSE:ECVT) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Ecovyst Inc. (NYSE:ECVTGet Free Report) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $13.90.

ECVT has been the subject of several analyst reports. BWS Financial boosted their price objective on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ecovyst in a report on Monday, June 1st. Citigroup started coverage on shares of Ecovyst in a research note on Wednesday. They set an “overweight” rating on the stock. Finally, Wall Street Zen raised shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th.

Check Out Our Latest Report on ECVT

Ecovyst Stock Down 0.1%

Shares of NYSE ECVT opened at $12.11 on Tuesday. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of -22.01, a PEG ratio of 0.57 and a beta of 1.08. Ecovyst has a 1 year low of $7.39 and a 1 year high of $15.09. The stock’s 50-day simple moving average is $13.56 and its 200-day simple moving average is $12.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.13 and a current ratio of 2.38.

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

Hedge Funds Weigh In On Ecovyst

Several institutional investors and hedge funds have recently modified their holdings of ECVT. Royal Bank of Canada grew its holdings in shares of Ecovyst by 8.6% during the 1st quarter. Royal Bank of Canada now owns 45,069 shares of the company’s stock valued at $279,000 after acquiring an additional 3,571 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Ecovyst by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock valued at $428,000 after acquiring an additional 2,874 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Ecovyst by 7.5% during the 1st quarter. Empowered Funds LLC now owns 344,030 shares of the company’s stock valued at $2,133,000 after acquiring an additional 23,951 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Ecovyst by 954.1% during the 1st quarter. Jane Street Group LLC now owns 141,532 shares of the company’s stock valued at $877,000 after acquiring an additional 128,105 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Ecovyst during the 2nd quarter valued at $129,000. 86.69% of the stock is currently owned by hedge funds and other institutional investors.

About Ecovyst

(Get Free Report)

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.

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Analyst Recommendations for Ecovyst (NYSE:ECVT)

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