Ecovyst (NYSE:ECVT) Price Target Raised to $16.00

Ecovyst (NYSE:ECVT) had its target price upped by BWS Financial from $12.00 to $16.00 in a report released on Monday,Benzinga reports. The firm currently has a buy rating on the stock.

ECVT has been the topic of several other research reports. Citigroup lifted their price target on shares of Ecovyst from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Monday. KeyCorp raised their price objective on shares of Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Wall Street Zen raised shares of Ecovyst from a “hold” rating to a “buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft cut their price target on Ecovyst from $14.00 to $11.00 and set a “buy” rating for the company in a research note on Friday, November 28th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Ecovyst in a research report on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $13.60.

Ecovyst Stock Performance

NYSE:ECVT opened at $11.50 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.07 and a current ratio of 2.64. The stock has a 50-day simple moving average of $10.87 and a two-hundred day simple moving average of $9.51. The firm has a market capitalization of $1.27 billion, a PE ratio of -18.55, a P/E/G ratio of 1.48 and a beta of 1.17. Ecovyst has a 52-week low of $5.24 and a 52-week high of $12.33.

Ecovyst (NYSE:ECVT) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.21 by $0.07. The firm had revenue of $199.43 million for the quarter, compared to the consensus estimate of $184.85 million. Ecovyst had a positive return on equity of 9.39% and a negative net margin of 9.27%.The business’s revenue for the quarter was up 33.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.28 earnings per share. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Analysts forecast that Ecovyst will post 0.44 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new stake in shares of Ecovyst in the third quarter worth about $48,000. CWM LLC increased its stake in Ecovyst by 63.0% in the 2nd quarter. CWM LLC now owns 5,946 shares of the company’s stock worth $49,000 after acquiring an additional 2,298 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in Ecovyst by 1,769.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 6,152 shares of the company’s stock worth $51,000 after acquiring an additional 5,823 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Ecovyst during the 3rd quarter worth approximately $87,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Ecovyst during the 3rd quarter valued at approximately $89,000. Hedge funds and other institutional investors own 86.69% of the company’s stock.

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.