Ecovyst (NYSE:ECVT) Earns “Buy” Rating from BWS Financial

Ecovyst (NYSE:ECVT)‘s stock had its “buy” rating reiterated by equities researchers at BWS Financial in a report issued on Thursday,Benzinga reports. They presently have a $16.00 target price on the stock. BWS Financial’s price target would indicate a potential upside of 54.81% from the stock’s current price.

Several other equities analysts have also weighed in on ECVT. Wall Street Zen upgraded shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Freedom Capital raised shares of Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st. Finally, Citigroup initiated coverage on shares of Ecovyst in a research report on Wednesday, June 24th. They set an “overweight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ecovyst presently has an average rating of “Moderate Buy” and an average price target of $13.90.

Ecovyst Stock Down 6.0%

Ecovyst stock opened at $10.34 on Thursday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.38 and a quick ratio of 2.13. Ecovyst has a 1-year low of $7.41 and a 1-year high of $15.09. The company has a market cap of $1.13 billion, a PE ratio of -19.50, a price-to-earnings-growth ratio of 0.51 and a beta of 1.10. The stock’s 50 day moving average price is $12.38 and its 200 day moving average price is $12.49.

Ecovyst (NYSE:ECVT) last released 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 business had revenue of $249.95 million for the quarter, compared to analyst estimates of $237.54 million. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.78%. The business’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.12 EPS. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. On average, sell-side analysts predict that Ecovyst will post 0.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ECVT. BlackRock Inc. bought a new stake in shares of Ecovyst in the 2nd quarter valued at about $132,792,000. Rubric Capital Management LP lifted its position in Ecovyst by 120.9% during the third quarter. Rubric Capital Management LP now owns 10,400,000 shares of the company’s stock worth $91,104,000 after acquiring an additional 5,692,653 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position 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 valued at $62,101,000 after purchasing an additional 3,435,942 shares during the last quarter. Brightline Capital Management LLC acquired a new stake in shares of Ecovyst during the fourth quarter worth $19,946,000. Finally, Oaktree Capital Management LP boosted its holdings in Ecovyst by 48.8% in the 4th quarter. Oaktree Capital Management LP now owns 4,254,503 shares of the company’s stock valued at $41,396,000 after purchasing an additional 1,395,481 shares during the period. Institutional investors and hedge funds own 86.69% of the company’s stock.

Ecovyst Company Profile

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.