Ecovyst Inc. (NYSE:ECVT) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts assign Ecovyst a “Moderate Buy” consensus rating: Four analysts rate it a buy, one a strong buy, one a hold and one a sell. The average 12-month price target is $13.90.
• Ecovyst exceeded quarterly expectations, reporting $0.21 in EPS versus the $0.19 consensus and $249.95 million in revenue, up 24.9% year over year.
• The stock opened at $10.05, below its 50-day and 200-day moving averages, while institutional investors own approximately 86.69% of outstanding shares.

Shares of Ecovyst Inc. (NYSE:ECVT - Get Free Report) have been given an average rating of "Moderate Buy" by the seven analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $13.90.

A number of research analysts have recently issued reports on the stock. Citigroup assumed coverage on shares of Ecovyst in a research report on Wednesday, June 24th. They issued an "overweight" rating on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Ecovyst in a research note on Monday, June 1st. Wall Street Zen cut shares of Ecovyst from a "strong-buy" rating to a "hold" rating in a report on Saturday. 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 Ecovyst to a "strong-buy" rating in a research note on Monday, June 29th.

Ecovyst Stock Performance

ECVT stock opened at $10.05 on Wednesday. The stock's 50 day simple moving average is $12.26 and its 200 day simple moving average is $12.49. Ecovyst has a 12-month low of $7.41 and a 12-month high of $15.09. The firm has a market cap of $1.10 billion, a P/E ratio of -18.96, a P/E/G ratio of 0.47 and a beta of 1.10. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84.

Ecovyst (NYSE:ECVT - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.02. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.83%. The firm had revenue of $249.95 million during the quarter, compared to the consensus estimate of $237.54 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. The firm's revenue was up 24.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, equities research analysts predict that Ecovyst will post 0.56 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ECVT. OP Asset Management Ltd bought a new position in Ecovyst during the 1st quarter worth $77,000. State of Wyoming bought a new stake in Ecovyst in the first quarter valued at $80,000. Russell Investments Group Ltd. bought a new stake in Ecovyst in the third quarter valued at $87,000. Landscape Capital Management L.L.C. acquired a new position in shares of Ecovyst during the third quarter valued at $89,000. Finally, PharVision Advisers LLC acquired a new position in shares of Ecovyst during the third quarter valued at $101,000. Institutional investors and hedge funds 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.

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