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

Ecovyst Inc. (NYSE:ECVT) has been given a consensus rating of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $14.6250.

A number of research firms have issued reports on ECVT. Citigroup initiated coverage on shares of Ecovyst in a research report on Wednesday, June 24th. They set an “overweight” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Ecovyst in a report on Tuesday, September 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Ecovyst in a report on Thursday, August 27th. BWS Financial reissued a “buy” rating and set a $16.00 target price on shares of Ecovyst in a report on Thursday, August 6th. Finally, Freedom Capital upgraded shares of Ecovyst to a “strong-buy” rating in a research report on Monday, June 29th.

Ecovyst Stock Down 1.7%

Shares of ECVT stock opened at $9.90 on Friday. The stock’s 50-day simple moving average is $11.15 and its 200-day simple moving average is $12.32. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.44 and a current ratio of 1.70. The firm has a market capitalization of $1.08 billion, a PE ratio of -18.68, a P/E/G ratio of 0.44 and a beta of 1.07. Ecovyst has a fifty-two week low of $7.41 and a fifty-two week high of $15.09.

Ecovyst (NYSE:ECVT) last released its earnings results on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. The firm had revenue of $249.96 million during the quarter, compared to the consensus estimate of $237.54 million. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.The company’s revenue was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. Equities analysts expect that Ecovyst will post 0.6 earnings per share for the current year.

Institutional Trading of Ecovyst

Several institutional investors have recently bought and sold shares of the business. WINTON GROUP Ltd lifted its stake in Ecovyst by 29.3% in the 2nd quarter. WINTON GROUP Ltd now owns 102,300 shares of the company’s stock valued at $1,274,000 after buying an additional 23,200 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in Ecovyst during the 2nd quarter worth approximately $547,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Ecovyst during the 2nd quarter worth approximately $2,794,000. California State Teachers Retirement System raised its holdings in shares of Ecovyst by 1,325.6% during the second quarter. California State Teachers Retirement System now owns 1,524,415 shares of the company’s stock valued at $18,979,000 after acquiring an additional 1,417,482 shares during the last quarter. Finally, Compass Financial Management LLC acquired a new position in shares of Ecovyst during the second quarter valued at approximately $305,000. 86.69% of the stock is owned by institutional investors and hedge funds.

About Ecovyst

Ecovyst Inc (NYSE: ECVT) is a global provider of specialty catalysts and related services used in refining, petrochemical, chemical, renewable-fuels and industrial applications. The company develops and manufactures zeolite-based catalysts, molecular sieves and other advanced materials that help customers improve chemical processes, product performance and emissions control.

Ecovyst also operates a specialty services business that provides sulfuric acid regeneration, spent-acid management, catalyst recovery and related environmental services.