Ecovyst Inc. (NYSE:ECVT) Stock Has Average Price Target of $14.62

Key Points

• Ecovyst has a “Moderate Buy” consensus from six analysts, with three buys, one strong buy, one hold and one sell. The average 12-month price target is $14.62 versus a recent share price of $9.80.
• The company exceeded quarterly expectations, reporting $0.21 in earnings per share and $249.96 million in revenue, while revenue increased 24.9% year over year. Analysts expect approximately $0.60 in full-year EPS, within Ecovyst’s guidance of $0.58–$0.72.
• Institutional investors own 86.69% of the stock, with BlackRock initiating a stake worth about $132.8 million and Arrowstreet increasing its position by 246.6%. A company director also purchased nearly $250,000 of shares.

Ecovyst Inc. (NYSE:ECVT - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $14.62.

A number of equities research analysts have recently issued reports on ECVT shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $14.00 target price on shares of Ecovyst in a research report on Tuesday, September 1st. Wall Street Zen upgraded Ecovyst from a "hold" rating to a "buy" rating in a research report on Saturday. Weiss Ratings reiterated a "sell (d-)" rating on shares of Ecovyst in a research report on Thursday, August 27th. BWS Financial reissued a "buy" rating and issued a $16.00 price target on shares of Ecovyst in a research note on Thursday, August 6th. Finally, Freedom Capital upgraded shares of Ecovyst to a "strong-buy" rating in a report on Monday, June 29th.

Insider Activity

In other news, Director Patti Humble purchased 24,875 shares of the business's stock in a transaction dated Thursday, September 10th. The shares were acquired at an average price of $10.05 per share, for a total transaction of $249,993.75. Following the completion of the acquisition, the director directly owned 33,974 shares of the company's stock, valued at $341,438.70. The trade was a 273.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.84% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ecovyst

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ECVT. BlackRock Inc. purchased a new stake in shares of Ecovyst during the second quarter worth $132,792,000. Arrowstreet Capital Limited Partnership boosted its position in Ecovyst by 246.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company's stock valued at $62,101,000 after purchasing an additional 3,435,942 shares during the last quarter. William Blair Investment Management LLC purchased a new position in Ecovyst in the second quarter valued at about $10,712,000. Bank of America Corp DE purchased a new position in Ecovyst in the second quarter valued at about $7,274,000. Finally, Empowered Funds LLC acquired a new position in Ecovyst in the 2nd quarter worth about $7,163,000. Institutional investors and hedge funds own 86.69% of the company's stock.

Ecovyst Price Performance

Shares of Ecovyst stock opened at $9.80 on Monday. Ecovyst has a 52 week low of $7.41 and a 52 week high of $15.09. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. The stock has a market cap of $1.07 billion, a PE ratio of -18.50, a price-to-earnings-growth ratio of 0.43 and a beta of 1.05. The company's 50-day moving average price is $10.19 and its two-hundred day moving average price is $11.95.

Ecovyst (NYSE:ECVT - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.02. The firm had revenue of $249.96 million during the quarter, compared to analysts' expectations of $237.54 million. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.83%. The firm's revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period last year, the firm posted $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, sell-side analysts anticipate that Ecovyst will post 0.60 EPS for the current fiscal year.

About Ecovyst

Ecovyst Inc NYSE: ECVT is a global provider of specialty catalysts and advanced materials used in industrial and environmental applications. The company develops, manufactures and supplies products that help customers improve process efficiency, increase yields and meet emissions and sustainability requirements.

Through its Catalysts Technologies business, Ecovyst provides catalysts and related services for petroleum refining, renewable fuels, petrochemicals and other chemical processes.

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