BWS Financial Reaffirms “Buy” Rating for Ecovyst (NYSE:ECVT)

Ecovyst (NYSE:ECVT)‘s stock had its “buy” rating restated by equities research analysts at BWS Financial in a research report issued on Thursday,Benzinga reports. They presently have a $16.00 price objective on the stock. BWS Financial’s target price suggests a potential upside of 43.76% from the company’s previous close.

ECVT has been the topic of a number of other reports. Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a research note on Monday, June 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st. Finally, Citigroup initiated coverage on Ecovyst in a report on Wednesday, June 24th. They issued an “overweight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Ecovyst currently has a consensus rating of “Moderate Buy” and an average target price of $13.90.

Ecovyst Price Performance

Shares of NYSE:ECVT traded down $0.32 during trading on Thursday, hitting $11.13. 368,595 shares of the company were exchanged, compared to its average volume of 1,801,783. The company has a quick ratio of 2.13, a current ratio of 2.38 and a debt-to-equity ratio of 0.68. Ecovyst has a 1-year low of $7.41 and a 1-year high of $15.09. The company has a market capitalization of $1.22 billion, a P/E ratio of -20.24, a price-to-earnings-growth ratio of 0.56 and a beta of 1.10. The business’s 50 day moving average is $12.49 and its 200-day moving average is $12.50.

Ecovyst (NYSE:ECVT) last posted its earnings results on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.19 by $0.02. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.The firm had revenue of $250.00 million during the quarter, compared to the consensus estimate of $237.54 million. During the same period last year, the company earned $0.12 earnings per share. The business’s quarterly revenue was up 24.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. Equities analysts forecast that Ecovyst will post 0.56 earnings per share for the current year.

Institutional Investors Weigh In On Ecovyst

Several institutional investors have recently made changes to their positions in ECVT. Vanguard Group Inc. grew its stake in 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. Rubric Capital Management LP boosted its position in Ecovyst by 1.0% during the fourth quarter. Rubric Capital Management LP now owns 10,500,000 shares of the company’s stock valued at $102,165,000 after buying an additional 100,000 shares during the period. Dimensional Fund Advisors LP lifted its position in Ecovyst by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 6,498,654 shares of the company’s stock valued at $83,573,000 after purchasing an additional 111,376 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Ecovyst by 246.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company’s stock worth $62,101,000 after buying an additional 3,435,942 shares during the last quarter. Finally, Oaktree Capital Management LP lifted its stake in shares of Ecovyst by 48.8% in the 4th quarter. Oaktree Capital Management LP now owns 4,254,503 shares of the company’s stock valued at $41,396,000 after purchasing an additional 1,395,481 shares during the period. Hedge funds and other institutional investors 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.