Ecovyst Inc. (NYSE:ECVT) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Ecovyst Inc. (NYSE:ECVT) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $14.20.

Several equities analysts have recently commented on ECVT shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. BWS Financial upped their price target on Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. KeyCorp upped their price target on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Finally, Citigroup upped their price target on Ecovyst from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday.

Ecovyst Trading Up 0.0%

Shares of ECVT stock opened at $14.15 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.38 and a quick ratio of 2.13. Ecovyst has a 1-year low of $7.03 and a 1-year high of $14.94. The company has a market cap of $1.55 billion, a price-to-earnings ratio of -25.72, a PEG ratio of 1.99 and a beta of 1.12. The stock has a 50 day simple moving average of $12.81 and a 200-day simple moving average of $10.81.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04. The firm had revenue of $214.95 million during the quarter, compared to analysts’ expectations of $191.07 million. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.The firm’s revenue for the quarter was up 50.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. On average, equities research analysts expect that Ecovyst will post 0.49 EPS for the current fiscal year.

Institutional Investors Weigh In On Ecovyst

Institutional investors and hedge funds have recently modified their holdings of the company. Allianz Asset Management GmbH raised its holdings in shares of Ecovyst by 242.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 319,726 shares of the company’s stock valued at $2,801,000 after buying an additional 226,386 shares during the period. Clearline Capital LP purchased a new stake in shares of Ecovyst in the 3rd quarter valued at $1,473,000. Mangrove Partners IM LLC raised its holdings in shares of Ecovyst by 20.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock valued at $47,953,000 after buying an additional 935,647 shares during the period. Simcoe Capital Management LLC purchased a new stake in shares of Ecovyst in the 3rd quarter valued at $6,725,000. Finally, Invenomic Capital Management LP purchased a new stake in shares of Ecovyst in the 3rd quarter valued at $16,729,000. 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.