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 note issued to investors on Tuesday.

A number of other research analysts have also recently issued reports on the stock. BWS Financial lifted their price target on shares of Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Ecovyst from $14.00 to $11.00 and set a “buy” rating for the company in a research note on Friday, November 28th. Weiss Ratings reiterated a “sell (d)” rating on shares of Ecovyst in a report on Wednesday, January 21st. Citigroup upped their price target on Ecovyst from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Finally, KeyCorp raised their price objective on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $13.60.

Ecovyst Price Performance

Shares of ECVT stock opened at $11.41 on Tuesday. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of -18.41, a PEG ratio of 1.56 and a beta of 1.17. The business’s fifty day moving average is $11.03 and its 200 day moving average is $9.60. Ecovyst has a twelve month low of $5.24 and a twelve month high of $12.33. The company has a quick ratio of 2.42, a current ratio of 2.64 and a debt-to-equity ratio of 0.65.

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

Institutional Investors Weigh In On Ecovyst

Institutional investors and hedge funds have recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new position in Ecovyst in the 3rd quarter worth approximately $48,000. Parkside Financial Bank & Trust increased its holdings in shares of 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 purchasing an additional 5,823 shares in the last quarter. CWM LLC increased its holdings in shares of Ecovyst by 45.9% in the 3rd quarter. CWM LLC now owns 8,678 shares of the company’s stock worth $76,000 after purchasing an additional 2,732 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Ecovyst in the third quarter worth $87,000. Finally, Landscape Capital Management L.L.C. purchased a new position in shares of Ecovyst in the third quarter worth $89,000. Institutional investors 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.