Ecovyst (NYSE:ECVT) Reaches New 1-Year High – Should You Buy?

Shares of Ecovyst Inc. (NYSE:ECVTGet Free Report) hit a new 52-week high on Thursday . The company traded as high as $13.31 and last traded at $13.2320, with a volume of 375130 shares. The stock had previously closed at $13.12.

Analysts Set New Price Targets

ECVT has been the topic of a number of research analyst reports. Citigroup increased their price target on Ecovyst from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. BWS Financial boosted their target price on shares of Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. KeyCorp increased their target price on shares of Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. Finally, Wall Street Zen lowered shares of Ecovyst from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 21st. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $13.60.

Get Our Latest Report on Ecovyst

Ecovyst Trading Up 0.4%

The company has a debt-to-equity ratio of 0.65, a current ratio of 2.64 and a quick ratio of 2.42. The firm has a fifty day simple moving average of $11.55 and a 200-day simple moving average of $9.93. The firm has a market cap of $1.46 billion, a P/E ratio of -21.27, a price-to-earnings-growth ratio of 1.81 and a beta of 1.04.

Ecovyst (NYSE:ECVTGet Free Report) last issued its earnings results on Thursday, February 26th. The company reported $0.28 earnings per share 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 company had revenue of $199.43 million for the quarter, compared to analyst estimates of $184.85 million. During the same period in the prior year, the firm earned $0.28 earnings per share. Ecovyst’s revenue for the quarter was up 33.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. On average, equities research analysts expect that Ecovyst Inc. will post 0.44 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ECVT. Creative Planning grew its stake in shares of Ecovyst by 4.8% in the 3rd quarter. Creative Planning now owns 28,622 shares of the company’s stock worth $251,000 after acquiring an additional 1,311 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Ecovyst by 4.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,292 shares of the company’s stock valued at $449,000 after purchasing an additional 2,124 shares in the last quarter. Arizona State Retirement System boosted its holdings in Ecovyst by 6.7% during the third quarter. Arizona State Retirement System now owns 34,740 shares of the company’s stock worth $304,000 after purchasing an additional 2,195 shares during the last quarter. CWM LLC grew its position in Ecovyst by 45.9% in the 3rd quarter. CWM LLC now owns 8,678 shares of the company’s stock worth $76,000 after purchasing an additional 2,732 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Ecovyst by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock worth $428,000 after purchasing an additional 2,874 shares in the last quarter. 86.69% of the stock is owned by institutional investors.

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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