Ecovyst (NYSE:ECVT) Reaches New 12-Month High – Still a Buy?

Ecovyst Inc. (NYSE:ECVT) shares hit a new 52-week high on Wednesday . The company traded as high as $13.35 and last traded at $12.8130, with a volume of 367011 shares trading hands. The stock had previously closed at $13.01.

Analyst Ratings Changes

ECVT has been the subject of a number of research reports. KeyCorp boosted 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. Weiss Ratings reissued a “sell (d)” rating on shares of Ecovyst in a research report on Wednesday, January 21st. Citigroup boosted 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. BWS Financial boosted 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, Wall Street Zen lowered shares of Ecovyst from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.60.

Ecovyst Trading Up 2.0%

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 business’s 50 day moving average price is $11.81 and its 200-day moving average price is $10.08. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -21.62, a price-to-earnings-growth ratio of 1.85 and a beta of 1.04.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.28 earnings per share (EPS) for the quarter, topping 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 9.39%. The business had revenue of $199.43 million for the quarter, compared to analyst estimates of $184.85 million. During the same period in the previous year, the business posted $0.28 earnings per share. The business’s revenue was up 33.9% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Equities analysts forecast that Ecovyst Inc. will post 0.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ECVT. State of Alaska Department of Revenue acquired a new position in shares of Ecovyst during the third quarter worth about $48,000. CWM LLC increased its stake in shares of Ecovyst by 45.9% during the third quarter. CWM LLC now owns 8,678 shares of the company’s stock worth $76,000 after acquiring an additional 2,732 shares during the period. Russell Investments Group Ltd. acquired a new position in shares of Ecovyst during the third quarter worth about $87,000. Landscape Capital Management L.L.C. acquired a new position in shares of Ecovyst during the third quarter worth about $89,000. Finally, PharVision Advisers LLC acquired a new position in shares of Ecovyst during the third quarter worth about $101,000. 86.69% of the stock is currently owned by institutional investors and hedge funds.

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.