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

Ecovyst Inc. (NYSE:ECVT) has been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $13.90.

A number of analysts have recently issued reports on the stock. Freedom Capital upgraded shares of Ecovyst to a “strong-buy” rating in a research note on Monday, June 29th. Citigroup assumed coverage on shares of Ecovyst in a research note on Wednesday, June 24th. They issued an “overweight” rating for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ecovyst in a report on Monday, June 1st. 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.

Institutional Trading of Ecovyst

A number of hedge funds and other institutional investors have recently modified their holdings of the business. OP Asset Management Ltd acquired a new position in shares of Ecovyst in the first quarter worth about $77,000. State of Wyoming acquired a new stake in Ecovyst during the 1st quarter valued at approximately $80,000. Russell Investments Group Ltd. acquired a new stake in Ecovyst during the 3rd quarter valued at approximately $87,000. Landscape Capital Management L.L.C. purchased a new stake in Ecovyst during the 3rd quarter worth approximately $89,000. Finally, PharVision Advisers LLC purchased a new stake in Ecovyst during the 3rd quarter worth approximately $101,000. 86.69% of the stock is owned by hedge funds and other institutional investors.

Ecovyst Trading Up 0.0%

Shares of ECVT opened at $12.88 on Friday. The stock’s 50-day moving average is $12.98 and its two-hundred day moving average is $12.30. The stock has a market cap of $1.41 billion, a PE ratio of -23.43, a P/E/G ratio of 0.60 and a beta of 1.10. Ecovyst has a 12 month low of $7.41 and a 12 month high of $15.09. 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 (NYSE:ECVT) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. The business had revenue of $214.95 million during the quarter, compared to analyst estimates of $191.07 million. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.The company’s revenue for the quarter was up 50.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. Equities analysts forecast that Ecovyst will post 0.56 earnings per share for the current fiscal year.

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.