Analysts Set Ecovyst Inc. (NYSE:ECVT) Price Target at $13.60

Ecovyst Inc. (NYSE:ECVT) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $13.60.

A number of research analysts have weighed in on ECVT shares. Citigroup increased their target price on Ecovyst from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. 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. Weiss Ratings reiterated a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ecovyst from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Finally, KeyCorp upped their target price on shares of Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a report on Friday, February 27th.

Institutional Investors Weigh In On Ecovyst

A number of hedge funds have recently modified their holdings of the business. State of Alaska Department of Revenue bought a new position in Ecovyst in the 3rd quarter worth $48,000. CWM LLC grew its holdings in Ecovyst by 45.9% during the third 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 period. Russell Investments Group Ltd. bought a new stake in Ecovyst during the third quarter valued at about $87,000. Landscape Capital Management L.L.C. purchased a new stake in Ecovyst in the third quarter worth about $89,000. Finally, PharVision Advisers LLC purchased a new stake in Ecovyst in the third quarter worth about $101,000. Institutional investors own 86.69% of the company’s stock.

Ecovyst Stock Performance

ECVT stock opened at $12.16 on Friday. The stock’s 50 day simple moving average is $11.14 and its 200 day simple moving average is $9.67. 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 has a 12-month low of $5.24 and a 12-month high of $12.38. The stock has a market capitalization of $1.34 billion, a PE ratio of -19.60, a price-to-earnings-growth ratio of 1.67 and a beta of 1.17.

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

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.