Ecovyst Inc. (NYSE:ECVT) Receives Average Recommendation of “Moderate Buy” from Analysts

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

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

Ecovyst Trading Up 1.0%

ECVT opened at $13.14 on Thursday. Ecovyst has a fifty-two week low of $5.24 and a fifty-two week high of $13.35. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.64 and a quick ratio of 2.42. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of -21.19, a PEG ratio of 1.83 and a beta of 1.04. The company’s 50 day moving average price is $11.76 and its two-hundred day moving average price is $10.06.

Ecovyst (NYSE:ECVT) last announced its quarterly 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 firm had revenue of $199.43 million during the quarter, compared to analysts’ expectations of $184.85 million. During the same period in the prior year, the company posted $0.28 EPS. The company’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, research analysts predict that Ecovyst will post 0.44 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Allianz Asset Management GmbH raised its holdings in Ecovyst by 242.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 319,726 shares of the company’s stock worth $2,801,000 after purchasing an additional 226,386 shares during the last quarter. Clearline Capital LP bought a new position in Ecovyst during the 3rd quarter worth approximately $1,473,000. Simcoe Capital Management LLC bought a new position in Ecovyst during the 3rd quarter worth approximately $6,725,000. Squarepoint Ops LLC bought a new position in Ecovyst during the 2nd quarter worth approximately $1,239,000. Finally, Mangrove Partners IM LLC raised its holdings in Ecovyst by 20.6% during the 3rd quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock worth $47,953,000 after purchasing an additional 935,647 shares during 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.