Ecovyst (NYSE:ECVT) Stock Price Expected to Rise, Citigroup Analyst Says

Ecovyst (NYSE:ECVT) had its price objective boosted by analysts at Citigroup from $12.00 to $13.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s price target would indicate a potential upside of 13.44% from the company’s current price.

A number of other brokerages also recently weighed in on ECVT. Wall Street Zen upgraded Ecovyst from a “hold” rating to a “buy” rating in a research note on Monday. BWS Financial reiterated a “buy” rating and set a $12.00 price target on shares of Ecovyst in a report on Friday, January 2nd. KeyCorp upped their price objective on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft decreased their target price on Ecovyst from $14.00 to $11.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $13.60.

Ecovyst Stock Performance

NYSE ECVT opened at $11.46 on Monday. Ecovyst has a 1 year low of $5.24 and a 1 year high of $12.33. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.25 and a quick ratio of 2.07. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of -18.48, a PEG ratio of 1.46 and a beta of 1.17. The company has a fifty day moving average price of $10.84 and a 200-day moving average price of $9.50.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Creative Planning increased its holdings in Ecovyst by 4.8% in the 3rd quarter. Creative Planning now owns 28,622 shares of the company’s stock worth $251,000 after acquiring an additional 1,311 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Ecovyst by 4.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,292 shares of the company’s stock worth $449,000 after purchasing an additional 2,124 shares during the period. Arizona State Retirement System increased its stake in shares of Ecovyst by 6.7% in the third quarter. Arizona State Retirement System now owns 34,740 shares of the company’s stock worth $304,000 after purchasing an additional 2,195 shares in the last quarter. CWM LLC raised its position in shares of Ecovyst by 63.0% in the second quarter. CWM LLC now owns 5,946 shares of the company’s stock valued at $49,000 after purchasing an additional 2,298 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Ecovyst by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock valued at $428,000 after buying an additional 2,874 shares in the last quarter. 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.