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

Ecovyst Inc. (NYSE:ECVT) has received an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $13.90.

Several analysts recently commented on ECVT shares. BWS Financial restated a “buy” rating and issued a $16.00 target price on shares of Ecovyst in a research report on Thursday, August 6th. Citigroup initiated coverage on Ecovyst in a research report on Wednesday, June 24th. They set an “overweight” rating for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Ecovyst in a research note on Monday, June 1st. Freedom Capital raised Ecovyst to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Wall Street Zen lowered Ecovyst from a “strong-buy” rating to a “hold” rating in a report on Saturday.

Ecovyst Price Performance

Shares of NYSE:ECVT opened at $10.05 on Wednesday. The firm’s 50 day moving average is $12.26 and its two-hundred day moving average is $12.49. Ecovyst has a 52 week low of $7.41 and a 52 week high of $15.09. The firm has a market capitalization of $1.10 billion, a P/E ratio of -18.96, a PEG ratio of 0.47 and a beta of 1.10. 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 released its quarterly earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. The company had revenue of $249.95 million for the quarter, compared to analysts’ expectations of $237.54 million. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.The business’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 company posted $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. Analysts anticipate that Ecovyst will post 0.56 earnings per share for the current year.

Hedge Funds Weigh In On Ecovyst

Institutional investors and hedge funds have recently bought and sold shares of the stock. Kestrel Investment Management Corp bought a new position in Ecovyst during the 4th quarter valued at $3,965,000. Vanguard Group Inc. raised its stake in shares of Ecovyst by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock worth $108,126,000 after buying an additional 191,394 shares in the last quarter. Hsbc Holdings PLC bought a new stake in shares of Ecovyst in the 1st quarter worth $4,024,000. Owls Nest Partners IA LLC lifted its holdings in shares of Ecovyst by 10.6% in the fourth quarter. Owls Nest Partners IA LLC now owns 1,826,120 shares of the company’s stock valued at $17,768,000 after buying an additional 175,060 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Ecovyst by 246.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company’s stock valued at $62,101,000 after buying an additional 3,435,942 shares during the period. 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.