Ecovyst Inc. (NYSE:ECVT) Sees Significant Decrease in Short Interest

Key Points

• Short interest fell 28.4% in April to 3,284,178 shares (about 3.0% of shares sold short), leaving a short-interest ratio of roughly 1.2 days based on average daily volume.
• Analysts have mostly raised targets and ratings (four Buys, one Hold, one Sell), producing a consensus “Moderate Buy” and an average price target of $14.00; shares trade near $14.37 after a quarter that beat EPS and revenue and FY2026 guidance of $0.45–$0.65.

Ecovyst Inc. (NYSE:ECVT - Get Free Report) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 3,284,178 shares, a decrease of 28.4% from the March 31st total of 4,584,879 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily volume of 2,646,993 shares, the short-interest ratio is presently 1.2 days.

Analysts Set New Price Targets

Several analysts have weighed in on ECVT shares. BWS Financial upped their target price on Ecovyst from $12.00 to $16.00 and gave the company a "buy" rating in a report on Monday, March 2nd. KeyCorp upped their target price on Ecovyst from $11.00 to $14.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Weiss Ratings reissued a "sell (d)" rating on shares of Ecovyst in a report on Wednesday, January 21st. Wall Street Zen raised Ecovyst from a "buy" rating to a "strong-buy" rating in a report on Saturday, April 18th. Finally, Citigroup boosted their price target on Ecovyst from $13.00 to $15.00 and gave the stock a "neutral" rating in a report on Monday, April 13th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $14.00.

Ecovyst Price Performance

Shares of NYSE ECVT traded up $0.19 during trading on Friday, reaching $14.37. The company had a trading volume of 1,508,421 shares, compared to its average volume of 1,890,714. Ecovyst has a twelve month low of $6.30 and a twelve month high of $14.61. The stock has a market capitalization of $1.57 billion, a PE ratio of -23.17, a price-to-earnings-growth ratio of 1.99 and a beta of 1.12. The stock has a 50-day moving average price of $12.63 and a two-hundred day moving average price of $10.64. The company has a current ratio of 2.64, a quick ratio of 2.42 and a debt-to-equity ratio of 0.65.

Ecovyst (NYSE:ECVT - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.07. The company had revenue of $199.43 million during the quarter, compared to analysts' expectations of $184.85 million. Ecovyst had a positive return on equity of 9.39% and a negative net margin of 9.27%.The business's revenue for the quarter was up 33.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.28 earnings per share. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. As a group, sell-side analysts predict that Ecovyst will post 0.49 earnings per share for the current year.

Institutional Investors Weigh In On Ecovyst

Hedge funds and other institutional investors have recently made changes to their positions in the business. State of Alaska Department of Revenue purchased a new stake in shares of Ecovyst in the third quarter valued at $48,000. OP Asset Management Ltd purchased a new stake in shares of Ecovyst in the first quarter valued at $77,000. CWM LLC grew its position in shares of Ecovyst by 45.9% in the third quarter. CWM LLC now owns 8,678 shares of the company's stock valued at $76,000 after purchasing an additional 2,732 shares during the period. Russell Investments Group Ltd. purchased a new stake in Ecovyst during the third quarter valued at about $87,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in Ecovyst during the third quarter valued at about $89,000. 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.

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