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

Shares of Ecovyst Inc. (NYSE:ECVT) have been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $14.50.

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $14.00 price objective on shares of Ecovyst in a research report on Tuesday. Citigroup assumed coverage on Ecovyst in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. BWS Financial reaffirmed a “buy” rating and issued a $16.00 target price on shares of Ecovyst in a research note on Thursday, August 6th. Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ecovyst in a research report on Thursday, August 27th.

Ecovyst Price Performance

ECVT stock opened at $10.21 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. The firm has a 50-day moving average of $11.34 and a two-hundred day moving average of $12.38. Ecovyst has a 12 month low of $7.41 and a 12 month high of $15.09. The company has a market cap of $1.12 billion, a price-to-earnings ratio of -19.26, a PEG ratio of 0.45 and a beta of 1.07.

Ecovyst (NYSE:ECVT) last issued its earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.02. The business had revenue of $249.96 million for the quarter, compared to analysts’ expectations of $237.54 million. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.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 posted $0.12 EPS. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, analysts forecast that Ecovyst will post 0.6 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ecovyst

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted 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 valued at $108,126,000 after purchasing an additional 191,394 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Ecovyst during the 2nd quarter worth approximately $132,792,000. Rubric Capital Management LP increased its holdings in shares of Ecovyst by 1.0% during the 4th 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 during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Ecovyst by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,498,654 shares of the company’s stock valued at $83,573,000 after buying an additional 111,376 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in 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 acquiring an additional 3,435,942 shares during the last quarter. 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.