Ecovyst Inc. (NYSE:ECVT - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday after Citigroup raised their price target on the stock from $13.00 to $15.00. Citigroup currently has a neutral rating on the stock. Ecovyst traded as high as $14.42 and last traded at $14.3940, with a volume of 3713078 shares trading hands. The stock had previously closed at $13.93.
Other research analysts have also issued reports about the company. Wall Street Zen lowered Ecovyst from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 21st. Weiss Ratings reiterated a "sell (d)" rating on shares of Ecovyst in a report on Wednesday, January 21st. KeyCorp lifted 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. Finally, BWS Financial lifted 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. Four 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. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $14.00.
Read Our Latest Stock Report on Ecovyst
Institutional Trading of Ecovyst
A number of institutional investors have recently bought and sold shares of ECVT. Rubric Capital Management LP lifted its holdings in Ecovyst by 120.9% during the 3rd quarter. Rubric Capital Management LP now owns 10,400,000 shares of the company's stock worth $91,104,000 after buying an additional 5,692,653 shares during the last quarter. Oaktree Capital Management LP purchased a new stake in Ecovyst during the 3rd quarter worth about $25,045,000. Brightline Capital Management LLC purchased a new stake in Ecovyst during the 4th quarter worth about $19,946,000. Invenomic Capital Management LP purchased a new stake in Ecovyst during the 3rd quarter worth about $16,729,000. Finally, Ameriprise Financial Inc. lifted its holdings in Ecovyst by 221.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,590,044 shares of the company's stock worth $13,086,000 after buying an additional 1,095,228 shares during the last quarter. 86.69% of the stock is owned by hedge funds and other institutional investors.
Ecovyst Price Performance
The company has a market capitalization of $1.59 billion, a PE ratio of -23.22, a P/E/G ratio of 1.96 and a beta of 1.04. The company has a current ratio of 2.64, a quick ratio of 2.42 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $11.95 and a 200-day simple moving average of $10.18.
Ecovyst (NYSE:ECVT - Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.07. Ecovyst had a positive return on equity of 9.39% and a negative net margin of 9.27%.The business had revenue of $199.43 million for the quarter, compared to analysts' expectations of $184.85 million. During the same quarter in the previous year, the firm earned $0.28 earnings per share. The business's revenue was up 33.9% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Equities analysts anticipate that Ecovyst Inc. will post 0.44 earnings per share for the current year.
Ecovyst Company Profile
(
Get Free Report)
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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