Ecovyst Inc. (NYSE:ECVT) Stock Has Consensus Target Price of $14.62

Shares of Ecovyst Inc. (NYSE:ECVT) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $14.62.

ECVT has been the topic of a number of analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research note on Thursday, August 27th. Wall Street Zen upgraded Ecovyst from a “hold” rating to a “buy” rating in a research note on Sunday, September 13th. BWS Financial reissued a “buy” rating and set a $16.00 price target on shares of Ecovyst in a report on Thursday, August 6th. Citigroup began coverage on Ecovyst in a research note on Wednesday, June 24th. They set an “overweight” rating on the stock. Finally, Freedom Capital raised Ecovyst to a “strong-buy” rating in a report on Monday, June 29th.

Insider Activity

In related news, Director Patti Humble bought 24,875 shares of the stock in a transaction dated Thursday, September 10th. The shares were purchased at an average price of $10.05 per share, with a total value of $249,993.75. Following the completion of the acquisition, the director owned 33,974 shares of the company’s stock, valued at $341,438.70. This represents a 273.38% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.84% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ecovyst

Institutional investors have recently bought and sold shares of the stock. WINTON GROUP Ltd increased its holdings 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 acquiring an additional 23,200 shares during the last quarter. Engineers Gate Manager LP bought a new position in shares of Ecovyst during the 2nd quarter valued at about $547,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Ecovyst during the 2nd quarter valued at about $2,794,000. Compass Financial Management LLC purchased a new position in shares of Ecovyst during the second quarter valued at about $305,000. Finally, BTG Pactual Asset Management US LLC purchased a new position in shares of Ecovyst during the second quarter valued at about $394,000. 86.69% of the stock is owned by hedge funds and other institutional investors.

Ecovyst Stock Up 1.7%

ECVT opened at $10.13 on Thursday. The firm’s 50 day simple moving average is $10.52 and its two-hundred day simple moving average is $12.21. The company has a market capitalization of $1.11 billion, a PE ratio of -19.11, a PEG ratio of 0.45 and a beta of 1.05. Ecovyst has a 1-year low of $7.41 and a 1-year high of $15.09. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating 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 negative net margin of 7.05% and a positive return on equity of 13.83%. The company’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.12 EPS. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, equities analysts forecast that Ecovyst will post 0.6 EPS for the current year.

Ecovyst Company Profile

Ecovyst Inc (NYSE: ECVT) is a global specialty catalysts and services company serving the chemical, refining, pharmaceutical and industrial markets. Its products and services are designed to support chemical processing, resource recovery and the production of fuels and other materials.

The company operates through two primary business areas. Its Ecoservices business provides sulfuric acid recycling and regeneration, virgin sulfuric acid, and related chemical services used by refineries and industrial customers.