Ecovyst (NYSE:ECVT) Reaches New 52-Week High – Should You Buy?

Ecovyst Inc. (NYSE:ECVT)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $14.47 and last traded at $14.50, with a volume of 370630 shares traded. The stock had previously closed at $14.18.

Wall Street Analysts Forecast Growth

ECVT has been the subject of several research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. KeyCorp lifted their price target on Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. BWS Financial lifted their price target on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, Citigroup lifted their price target on Ecovyst from $13.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ecovyst presently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Ecovyst Stock Up 1.3%

The firm’s 50 day moving average is $12.63 and its two-hundred day moving average is $10.66. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of -23.17, a P/E/G ratio of 2.02 and a beta of 1.12. The company has a current ratio of 2.64, a quick ratio of 2.42 and a debt-to-equity ratio of 0.65.

Ecovyst (NYSE:ECVT) last announced its earnings results on Thursday, February 26th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.07. Ecovyst had a negative net margin of 9.27% and a positive return on equity of 9.39%. The firm had revenue of $199.43 million during the quarter, compared to the consensus estimate of $184.85 million. During the same quarter in the previous year, the company posted $0.28 EPS. The firm’s revenue for the quarter was up 33.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. On average, sell-side analysts predict that Ecovyst Inc. will post 0.49 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ECVT. State of Alaska Department of Revenue acquired a new position in Ecovyst in the 3rd quarter valued at about $48,000. CWM LLC raised its stake in 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. OP Asset Management Ltd acquired a new position in Ecovyst in the 1st quarter valued at about $77,000. Russell Investments Group Ltd. acquired a new position in Ecovyst in the 3rd quarter valued at about $87,000. Finally, Landscape Capital Management L.L.C. acquired a new position in Ecovyst in the 3rd quarter valued at about $89,000. Institutional investors and hedge funds own 86.69% of the company’s stock.

About Ecovyst

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.