Ecovyst's (ECVT) Buy Rating Reiterated at BWS Financial

Key Points

• BWS Financial reiterated its “buy” rating on Ecovyst and maintained a $16 price target, implying approximately 43.8% upside from the prior close.
• Ecovyst reported quarterly EPS of $0.21, exceeding the $0.19 consensus estimate, while revenue rose 24.9% year over year to $250 million and surpassed expectations.
• The stock fell 2.8% to $11.13 in Thursday trading. Analysts collectively rate Ecovyst “Moderate Buy,” with an average price target of $13.90, while institutional investors own 86.69% of shares.

Ecovyst (NYSE:ECVT - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at BWS Financial in a research note issued to investors on Thursday,Benzinga reports. They currently have a $16.00 target price on the stock. BWS Financial's price target would indicate a potential upside of 43.76% from the company's previous close.

A number of other analysts have also issued reports on the stock. Wall Street Zen raised shares of Ecovyst from a "buy" rating to a "strong-buy" rating in a research report on Saturday, April 18th. Weiss Ratings restated a "sell (d-)" rating on shares of Ecovyst in a report on Monday, June 1st. Citigroup initiated coverage on Ecovyst in a research note on Wednesday, June 24th. They issued an "overweight" rating on the stock. Finally, Freedom Capital raised Ecovyst to a "strong-buy" rating in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $13.90.

Ecovyst Trading Down 2.8%

ECVT stock traded down $0.32 during mid-day trading on Thursday, reaching $11.13. 368,595 shares of the stock traded hands, compared to its average volume of 1,801,783. Ecovyst has a 52-week low of $7.41 and a 52-week high of $15.09. The stock's fifty day moving average is $12.49 and its 200-day moving average is $12.50. The company has a market cap of $1.22 billion, a P/E ratio of -20.24, a P/E/G ratio of 0.56 and a beta of 1.10. The company has a current ratio of 2.38, a quick ratio of 2.13 and a debt-to-equity ratio of 0.68.

Ecovyst (NYSE:ECVT - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The business had revenue of $250.00 million for the quarter, compared to analyst estimates of $237.54 million. During the same quarter in the previous year, the business earned $0.12 earnings per share. The firm's revenue was up 24.9% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, sell-side analysts expect that Ecovyst will post 0.56 earnings per share for the current year.

Institutional Trading of Ecovyst

Institutional investors and hedge funds have recently made changes to their positions in the stock. Creative Planning increased its position in shares of Ecovyst by 4.8% during the 3rd quarter. Creative Planning now owns 28,622 shares of the company's stock worth $251,000 after purchasing an additional 1,311 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Ecovyst by 4.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,292 shares of the company's stock worth $449,000 after buying an additional 2,124 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Ecovyst by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company's stock worth $428,000 after acquiring an additional 2,874 shares during the last quarter. Royal Bank of Canada boosted its holdings in Ecovyst by 8.6% in the first quarter. Royal Bank of Canada now owns 45,069 shares of the company's stock valued at $279,000 after acquiring an additional 3,571 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Ecovyst by 4.6% in the 4th quarter. Deutsche Bank AG now owns 84,462 shares of the company's stock valued at $822,000 after buying an additional 3,729 shares during the period. 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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