Ecovyst (NYSE:ECVT) Cut to Hold at Wall Street Zen

Key Points

• Wall Street Zen downgraded Ecovyst from “Buy” to “Hold,” although the broader analyst consensus remains “Moderate Buy” with an average price target of $14.50.
• Ecovyst reported quarterly EPS of $0.21, exceeding estimates of $0.19, while revenue reached $249.96 million and rose 24.9% year over year.
• The stock opened at $10.21, below its 50-day and 200-day moving averages; institutional investors own approximately 86.69% of the company.

Ecovyst (NYSE:ECVT - Get Free Report) was downgraded by Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday, Wall Street Zen reports.

A number of other research firms have also recently commented on ECVT. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $14.00 price objective on shares of Ecovyst in a research report on Tuesday. BWS Financial reiterated a "buy" rating and issued a $16.00 price target on shares of Ecovyst in a research report on Thursday, August 6th. Citigroup started coverage on Ecovyst in a research note on Wednesday, June 24th. They issued an "overweight" rating for the company. Freedom Capital raised Ecovyst to a "strong-buy" rating in a research report on Monday, June 29th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Ecovyst in a research note on Thursday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Ecovyst currently has an average rating of "Moderate Buy" and an average price target of $14.50.

Ecovyst Stock Performance

Shares of NYSE:ECVT opened at $10.21 on Friday. Ecovyst has a 52-week low of $7.41 and a 52-week high of $15.09. The company has a market capitalization of $1.12 billion, a P/E ratio of -19.26, a price-to-earnings-growth ratio of 0.45 and a beta of 1.07. The company has a 50-day simple moving average of $11.34 and a 200 day simple moving average of $12.38. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.44 and a current ratio of 1.70.

Ecovyst (NYSE:ECVT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.02. The business had revenue of $249.96 million during the quarter, compared to analysts' expectations of $237.54 million. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.Ecovyst's quarterly revenue was up 24.9% on a year-over-year basis. During the same quarter last year, the company posted $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. Sell-side analysts forecast that Ecovyst will post 0.6 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Creative Planning lifted its stake in Ecovyst by 4.8% during the third quarter. Creative Planning now owns 28,622 shares of the company's stock worth $251,000 after purchasing an additional 1,311 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Ecovyst by 4.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,292 shares of the company's stock valued at $449,000 after purchasing an additional 2,124 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 worth $428,000 after buying an additional 2,874 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Ecovyst by 8.6% during the 1st quarter. Royal Bank of Canada now owns 45,069 shares of the company's stock worth $279,000 after buying an additional 3,571 shares in the last quarter. Finally, Deutsche Bank AG lifted its position in shares of Ecovyst by 4.6% during the 4th quarter. Deutsche Bank AG now owns 84,462 shares of the company's stock worth $822,000 after buying an additional 3,729 shares during the last quarter. 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.

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