Ecovyst (NYSE:ECVT) Hits New 52-Week High – What’s Next?

Ecovyst Inc. (NYSE:ECVT)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $13.31 and last traded at $13.2320, with a volume of 375130 shares. The stock had previously closed at $13.12.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ECVT. Citigroup raised their price objective on Ecovyst from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Ecovyst in a research report on Wednesday, January 21st. KeyCorp lifted their price target on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. BWS Financial boosted their price target on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Wall Street Zen downgraded Ecovyst from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $13.60.

Ecovyst Trading Up 0.4%

The company has a debt-to-equity ratio of 0.65, a current ratio of 2.64 and a quick ratio of 2.42. The company has a market cap of $1.46 billion, a price-to-earnings ratio of -21.27, a price-to-earnings-growth ratio of 1.81 and a beta of 1.04. The business’s fifty day moving average price is $11.55 and its 200 day moving average price is $9.93.

Ecovyst (NYSE:ECVT) last announced its earnings results on Thursday, February 26th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.07. The business had revenue of $199.43 million during the quarter, compared to analyst estimates of $184.85 million. Ecovyst had a positive return on equity of 9.39% and a negative net margin of 9.27%.Ecovyst’s revenue for the quarter was up 33.9% compared to the same quarter last year. During the same period last year, the company earned $0.28 EPS. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Research analysts anticipate that Ecovyst Inc. will post 0.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ecovyst

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue bought a new position in Ecovyst during the 3rd quarter worth approximately $48,000. CWM LLC boosted its stake in shares of Ecovyst by 45.9% in the 3rd quarter. CWM LLC now owns 8,678 shares of the company’s stock valued at $76,000 after purchasing an additional 2,732 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Ecovyst in the 3rd quarter valued at $87,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Ecovyst during the third quarter worth $89,000. Finally, PharVision Advisers LLC bought a new stake in shares of Ecovyst during the 3rd quarter valued at about $101,000. 86.69% of the stock is owned by institutional investors and hedge funds.

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.