Ecovyst (ECVT) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ecovyst in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ECVT shares.
View ECVT analyst ratings or view top-rated stocks.

2 analysts have issued twelve-month target prices for Ecovyst's stock. Their ECVT share price forecasts range from $12.00 to $15.50. On average, they expect the company's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 37.9% from the stock's current price.
View analysts price targets for ECVT or view top-rated stocks among Wall Street analysts.

Ecovyst's stock was trading at $8.86 at the beginning of 2023. Since then, ECVT stock has increased by 10.5% and is now trading at $9.79.
View the best growth stocks for 2023 here.

Ecovyst saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,090,000 shares, a decline of 10.7% from the August 15th total of 2,340,000 shares. Based on an average daily volume of 805,700 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.0% of the shares of the stock are sold short.
View Ecovyst's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our ECVT earnings forecast.

Ecovyst Inc. (NYSE:ECVT) announced its earnings results on Thursday, August, 3rd. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.02. The company had revenue of $184.10 million for the quarter, compared to analyst estimates of $197.52 million. Ecovyst had a trailing twelve-month return on equity of 12.67% and a net margin of 9.38%.

Ballast Small/Mid Cap ETF holds 108,900 shares of ECVT stock, representing 1.47% of its portfolio.

Ecovyst issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $685.00 million-$715.00 million, compared to the consensus revenue estimate of $762.19 million.

Ecovyst trades on the New York Stock Exchange (NYSE) under the ticker symbol "ECVT."

Ecovyst's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.20%), Shapiro Capital Management LLC (4.68%), Westwood Holdings Group Inc. (4.52%), Dimensional Fund Advisors LP (4.24%), Hotchkis & Wiley Capital Management LLC (4.25%) and Boston Partners (3.47%). Insiders that own company stock include Ccmp Capital, Lp, Jonny Ginns, Joseph S Koscinski, Kevin Michael Fogarty, Kurt Bitting, Kyle D Vann, Ltd Ineos, Michael Feehan and Robert Coxon.
View institutional ownership trends.

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

One share of ECVT stock can currently be purchased for approximately $9.79.

Ecovyst (NYSE:ECVT) has a market capitalization of $1.14 billion and generates $820.20 million in revenue each year. The company earns $73.70 million in net income (profit) each year or $0.57 on an earnings per share basis.

The company employs 890 workers across the globe.

Ecovyst's mailing address is 300 LINDENWOOD DRIVE, MALVERN PA, 19355. The official website for the company is www.pqcorp.com. The company can be reached via phone at (610) 651-4400 or via email at investorrelations@ecovyst.com.