Ecovyst Inc. (NYSE:ECVT) Receives $13.60 Average Target Price from Analysts

Ecovyst Inc. (NYSE:ECVT) has received an average rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $13.60.

ECVT has been the subject of several recent research reports. KeyCorp increased their target price on shares of Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Wall Street Zen downgraded shares of Ecovyst from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 21st. Weiss Ratings restated a “sell (d)” rating on shares of Ecovyst in a research report on Wednesday, January 21st. BWS Financial upped their price target on shares of Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Finally, Citigroup upped their price target on shares of Ecovyst from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd.

Ecovyst Stock Up 3.6%

ECVT stock opened at $13.92 on Thursday. Ecovyst has a 12 month low of $5.62 and a 12 month high of $14.03. The firm has a market cap of $1.54 billion, a PE ratio of -22.44, a P/E/G ratio of 1.96 and a beta of 1.04. The firm has a 50 day simple moving average of $11.88 and a 200 day simple moving average of $10.13. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.64 and a quick ratio of 2.42.

Ecovyst (NYSE:ECVT) last released its earnings results on Thursday, February 26th. The company reported $0.28 EPS 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 business had revenue of $199.43 million during the quarter, compared to analyst estimates of $184.85 million. During the same period in the prior year, the business earned $0.28 earnings per share. The business’s quarterly revenue was up 33.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Equities research analysts forecast that Ecovyst will post 0.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ecovyst

Hedge funds have recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new stake in shares of Ecovyst in the 3rd quarter valued at approximately $48,000. CWM LLC lifted its position 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 acquiring an additional 2,732 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Ecovyst in the 3rd quarter valued at approximately $87,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Ecovyst in the 3rd quarter valued at approximately $89,000. Finally, PharVision Advisers LLC purchased a new stake in shares of Ecovyst in the 3rd quarter valued at approximately $101,000. 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.