BWS Financial Forecasts Strong Price Appreciation for Ecovyst (NYSE:ECVT) Stock

Ecovyst (NYSE:ECVT) had its price target increased by equities research analysts at BWS Financial from $12.00 to $16.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. BWS Financial’s price target would suggest a potential upside of 39.62% from the company’s previous close.

ECVT has been the topic of a number of other research reports. Citigroup boosted their target price on shares of Ecovyst from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Monday. Weiss Ratings reissued a “sell (d)” rating on shares of Ecovyst in a research report on Wednesday, January 21st. Wall Street Zen upgraded shares of Ecovyst from a “hold” rating to a “buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Ecovyst from $14.00 to $11.00 and set a “buy” rating for the company in a research note on Friday, November 28th. Finally, KeyCorp boosted their price target on Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $13.60.

Ecovyst Stock Up 1.2%

Shares of NYSE:ECVT opened at $11.46 on Monday. The firm has a market capitalization of $1.27 billion, a P/E ratio of -18.48, a P/E/G ratio of 1.46 and a beta of 1.17. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.07 and a current ratio of 2.25. The stock has a 50 day moving average price of $10.84 and a 200-day moving average price of $9.50. Ecovyst has a 52-week low of $5.24 and a 52-week high of $12.33.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.07. The company had revenue of $199.43 million for the quarter, compared to analysts’ expectations of $184.85 million. Ecovyst had a positive return on equity of 9.17% and a negative net margin of 9.27%.The firm’s revenue for the quarter was up 33.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 earnings per share. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. As a group, equities research analysts anticipate that Ecovyst will post 0.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Ecovyst

Several institutional investors and hedge funds have recently made changes to their positions in ECVT. State of Alaska Department of Revenue purchased a new position in Ecovyst in the 3rd quarter worth approximately $48,000. CWM LLC increased its holdings in shares of Ecovyst by 63.0% in the 2nd quarter. CWM LLC now owns 5,946 shares of the company’s stock worth $49,000 after purchasing an additional 2,298 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Ecovyst by 1,769.9% in the second quarter. Parkside Financial Bank & Trust now owns 6,152 shares of the company’s stock worth $51,000 after purchasing an additional 5,823 shares during the last quarter. Russell Investments Group Ltd. bought a new position in shares of Ecovyst during the third quarter valued at $87,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in shares of Ecovyst during the third quarter valued at $89,000. 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.