Ecovyst (ECVT) Stock Price, News & Analysis

Company Overview

Ecovyst Inc. offers specialty catalysts and services in the United States and internationally. The company operates in two segments, Ecoservices and Advanced Materials & Catalysts. The Ecoservices segment provides sulfuric acid recycling services and end-to-end logistics for production of alkylate for refineries; and virgin sulfuric acid for mining, water treatment, and industrial applications. The Advanced Materials & Catalysts segment offers advanced materials and specialty catalyst products and process solutions to producers and licensors of polyethylene and advanced silicas. This segment also supplies specialty zeolites and zeolite-based catalysts to customers for refining of oil primarily hydrocracking catalyst and dewaxing, sustainable fuels, and emission control systems for both on-road and non-road diesel engines. The company was formerly known as PQ Group Holdings Inc. and changed its name to Ecovyst Inc. in August 2021. Ecovyst Inc. was founded in 1831 and is headquartered in Malvern, Pennsylvania.

Key Stats

• Today's Range: $6.47 to $6.56
• 50-Day Range: $6.21 to $9.76
• 52-Week Range: $6.02 to $11.35
• Volume: 2.19 million shs
• Average Volume: 860,371 shs
• Market Capitalization: $757.06 million
• P/E Ratio: 10.32
• Dividend Yield: N/A
• Price Target: $11.00
• Consensus Rating: Buy

Ecovyst Stock Analysis - MarketRank™

Ecovyst scored higher than 88% of companies evaluated by MarketBeat, and ranked 46th out of 343 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Ecovyst has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ecovyst has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 86.96%

Earnings Growth

Earnings for Ecovyst are expected to grow by 86.96% in the coming year, from $0.46 to $0.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ecovyst is 10.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ecovyst is 10.32, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 25.87.

Price to Earnings Growth Ratio

Ecovyst has a PEG Ratio of 1.17. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Ecovyst has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.26% of the float of Ecovyst has been sold short.

Short Interest Ratio / Days to Cover

Ecovyst has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ecovyst has recently increased by 9.17%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ecovyst does not currently pay a dividend.

Dividend Growth

Ecovyst does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.26% of the float of Ecovyst has been sold short.

Short Interest Ratio / Days to Cover

Ecovyst has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ecovyst has recently increased by 9.17%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.14

News Sentiment

Ecovyst has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Ecovyst this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 3 people have added Ecovyst to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Ecovyst insiders have bought more of their company's stock than they have sold. Specifically, they have bought $80,792.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.59% of the stock of Ecovyst is held by insiders.

Percentage Held by Institutions

86.69% of the stock of Ecovyst is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ECVT Stock Analysis - Frequently Asked Questions

How have ECVT shares performed this year?

Ecovyst's stock was trading at $9.77 at the beginning of the year. Since then, ECVT shares have decreased by 33.5% and is now trading at $6.50.
View the best growth stocks for 2024 here.

How were Ecovyst's earnings last quarter?

Ecovyst Inc. (NYSE:ECVT) released its earnings results on Thursday, August, 1st. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.01. The firm's revenue was down .7% on a year-over-year basis.

Who are Ecovyst's major shareholders?

Ecovyst's top institutional investors include Dimensional Fund Advisors LP (5.31%), Shapiro Capital Management LLC (4.38%), Allspring Global Investments Holdings LLC (4.36%) and Westwood Holdings Group Inc. (4.28%). Insiders that own company stock include Ltd Ineos, Joseph S Koscinski, Kurt Bitting, Michael Feehan, Robert Coxon, Susan F Ward, Paul Whittleston, Ccmp Capital, Lp and Jonny Ginns.
View institutional ownership trends.

How do I buy shares of Ecovyst?

Shares of ECVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/01/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Chemicals & allied products
• Sub-Industry: Chemicals
• Current Symbol: NYSE:ECVT
• CUSIP: N/A
• CIK: 1708035
• Web: www.pqcorp.com
• Phone: (610) 651-4400
• Fax: N/A
• Employees: 880
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.00
• High Stock Price Target: $12.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +69.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.63
• Trailing P/E Ratio: 10.32
• Forward P/E Ratio: 14.13
• P/E Growth: 1.17
• Net Income: $71.15 million
• Net Margins: 8.14%
• Pretax Margin: 8.90%
• Return on Equity: 7.88%
• Return on Assets: 3.04%

Debt

• Debt-to-Equity Ratio: 1.19
• Current Ratio: 2.72
• Quick Ratio: 2.18

Sales & Book Value

• Annual Sales: $691.10 million
• Price / Sales: 1.10
• Cash Flow: $1.38 per share
• Price / Cash Flow: 4.70
• Book Value: $6.08 per share
• Price / Book: 1.07

Miscellaneous

• Outstanding Shares: 116,470,000
• Free Float: 115,145,000
• Market Cap: $757.06 million
• Optionable: Optionable
• Beta: 1.02