Ecovyst Inc. (NYSE:ECVT) Stock Now Rated "Moderate Buy" by Sell-Side Analysts

Key Points

• Analysts rate Ecovyst “Moderate Buy.” Six analysts assign one sell, one hold, three buy and one strong-buy rating, with an average 12-month price target of $14.62 versus the stock’s $9.82 opening price.
• Recent business results exceeded expectations. Ecovyst reported quarterly EPS of $0.21 versus the $0.19 consensus and revenue of $249.96 million, up 24.9% year over year and above estimates.
• Institutional ownership remains high at 86.69%. BlackRock established a position worth about $132.8 million, while Arrowstreet Capital increased its holdings by 246.6%; a director also purchased nearly $250,000 of shares.

Shares of Ecovyst Inc. (NYSE:ECVT - Get Free Report) have been given an average recommendation of "Moderate Buy" by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $14.62.

Several equities research analysts have recently commented on the company. Weiss Ratings restated a "sell (d-)" rating on shares of Ecovyst in a research note on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $14.00 price objective on shares of Ecovyst in a research note on Tuesday, September 1st. Wall Street Zen upgraded shares of Ecovyst from a "hold" rating to a "buy" rating in a research report on Sunday, September 13th. BWS Financial restated a "buy" rating and issued a $16.00 target price 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 research note on Monday, June 29th.

Insider Buying and Selling at Ecovyst

In other Ecovyst news, Director Patti Humble acquired 24,875 shares of the company's stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of $10.05 per share, with a total value of $249,993.75. Following the purchase, the director directly owned 33,974 shares in the company, valued at approximately $341,438.70. This trade represents a 273.38% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 1.84% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Ecovyst in the 2nd quarter valued at about $132,792,000. Dimensional Fund Advisors LP raised its holdings in Ecovyst by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 6,498,654 shares of the company's stock valued at $83,573,000 after buying an additional 111,376 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Ecovyst by 246.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company's stock valued at $62,101,000 after buying an additional 3,435,942 shares during the period. First Wilshire Securities Management Inc. lifted its position in Ecovyst by 1.0% during the first quarter. First Wilshire Securities Management Inc. now owns 2,196,784 shares of the company's stock valued at $28,251,000 after buying an additional 21,850 shares in the last quarter. Finally, Medina Value Partners LLC lifted its position in Ecovyst by 1.5% during the fourth quarter. Medina Value Partners LLC now owns 2,192,017 shares of the company's stock valued at $21,328,000 after buying an additional 31,877 shares in the last quarter. Hedge funds and other institutional investors own 86.69% of the company's stock.

Ecovyst Price Performance

Shares of NYSE:ECVT opened at $9.82 on Thursday. Ecovyst has a one year low of $7.41 and a one year high of $15.09. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of -18.53, a PEG ratio of 0.43 and a beta of 1.07. The company has a 50-day simple moving average of $10.63 and a 200-day simple moving average of $12.24. 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 data 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. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.The company had revenue of $249.96 million during the quarter, compared to analysts' expectations of $237.54 million. During the same period last year, the firm earned $0.12 EPS. The firm's revenue for the quarter was up 24.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. On average, analysts predict that Ecovyst will post 0.6 EPS for the current year.

About Ecovyst

Ecovyst Inc NYSE: ECVT is a global provider of specialty catalysts and related services used in refining, petrochemical, chemical, renewable-fuels and industrial applications. The company develops and manufactures zeolite-based catalysts, molecular sieves and other advanced materials that help customers improve chemical processes, product performance and emissions control.

Ecovyst also operates a specialty services business that provides sulfuric acid regeneration, spent-acid management, catalyst recovery and related environmental services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.