Analysts Set Ecovyst Inc. (NYSE:ECVT) Price Target at $14.20

Ecovyst Inc. (NYSE:ECVT) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $14.20.

Several brokerages have issued reports on ECVT. BWS Financial upped their target price on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. KeyCorp upped their target price on Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Citigroup upped their target price on Ecovyst from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th.

Ecovyst Stock Up 1.9%

Shares of NYSE ECVT opened at $13.28 on Friday. Ecovyst has a 12 month low of $7.35 and a 12 month high of $15.09. The company has a current ratio of 2.38, a quick ratio of 2.13 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of -24.14, a PEG ratio of 1.72 and a beta of 1.08. The business has a 50-day moving average of $13.68 and a 200-day moving average of $11.49.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.The company had revenue of $214.95 million during the quarter, compared to analyst estimates of $191.07 million. During the same quarter in the previous year, the firm earned $0.01 earnings per share. Ecovyst’s revenue was up 50.2% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. Sell-side analysts expect that Ecovyst will post 0.51 earnings per share for the current fiscal year.

Institutional Trading of Ecovyst

Hedge funds and other institutional investors have recently bought and sold shares of the company. OP Asset Management Ltd purchased a new stake in Ecovyst in the first quarter worth approximately $77,000. State of Wyoming purchased a new stake in Ecovyst in the first quarter worth approximately $80,000. Russell Investments Group Ltd. purchased a new stake in Ecovyst in the third quarter worth approximately $87,000. Landscape Capital Management L.L.C. purchased a new stake in Ecovyst in the third quarter worth approximately $89,000. Finally, PharVision Advisers LLC purchased a new stake in Ecovyst in the third quarter worth approximately $101,000. Hedge funds and other 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.