Ecovyst (NYSE:ECVT) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Ecovyst (NYSE:ECVT) from a hold rating to a buy rating in a research report report published on Sunday morning.

ECVT has been the subject of a number of other reports. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a report on Monday, June 1st. BWS Financial reaffirmed a “buy” rating and set a $16.00 target price on shares of Ecovyst in a report on Thursday, August 6th. Citigroup began coverage on Ecovyst in a report on Wednesday, June 24th. They set an “overweight” rating on the stock. Finally, Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $13.90.

Ecovyst Stock Up 0.1%

Shares of NYSE ECVT opened at $10.40 on Friday. The company has a 50 day simple moving average of $12.09 and a 200 day simple moving average of $12.47. The firm has a market cap of $1.14 billion, a PE ratio of -19.63, a price-to-earnings-growth ratio of 0.45 and a beta of 1.10. Ecovyst has a 1 year low of $7.41 and a 1 year high of $15.09. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.70 and a quick ratio of 1.44.

Ecovyst (NYSE:ECVT) last posted its earnings results on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.83%. The business had revenue of $249.95 million for the quarter, compared to the consensus estimate of $237.54 million. During the same period last year, the company earned $0.12 EPS. The firm’s revenue was up 24.9% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. On average, research analysts forecast that Ecovyst will post 0.6 EPS for the current year.

Institutional Inflows and Outflows

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

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.