Brokerages Set Ecovyst Inc. (NYSE:ECVT) Price Target at $13.60

Ecovyst Inc. (NYSE:ECVT) has been assigned an average rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $13.60.

A number of research analysts have commented on the company. Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft lowered their price target on Ecovyst from $14.00 to $11.00 and set a “buy” rating for the company in a report on Friday, November 28th. Weiss Ratings restated a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. BWS Financial lifted their price objective on shares of Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Citigroup boosted their target price on shares of Ecovyst from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd.

Institutional Investors Weigh In On Ecovyst

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Ecovyst by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock worth $108,126,000 after acquiring an additional 191,394 shares during the last quarter. Rubric Capital Management LP grew its holdings in shares of Ecovyst by 1.0% during the fourth quarter. Rubric Capital Management LP now owns 10,500,000 shares of the company’s stock valued at $102,165,000 after purchasing an additional 100,000 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Ecovyst by 2.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,387,278 shares of the company’s stock valued at $62,149,000 after purchasing an additional 130,206 shares during the last quarter. Mangrove Partners IM LLC raised its position in shares of Ecovyst by 20.6% during the 3rd quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock worth $47,953,000 after purchasing an additional 935,647 shares during the period. Finally, Oaktree Capital Management LP raised its position in shares of Ecovyst by 48.8% during the 4th quarter. Oaktree Capital Management LP now owns 4,254,503 shares of the company’s stock worth $41,396,000 after purchasing an additional 1,395,481 shares during the period. Institutional investors own 86.69% of the company’s stock.

Ecovyst Price Performance

Shares of ECVT stock opened at $11.76 on Friday. The firm has a market cap of $1.30 billion, a P/E ratio of -18.97, a P/E/G ratio of 1.67 and a beta of 1.17. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.64 and a quick ratio of 2.42. Ecovyst has a 1-year low of $5.24 and a 1-year high of $12.38. The firm has a fifty day moving average of $11.20 and a two-hundred day moving average of $9.70.

Ecovyst (NYSE:ECVT) last issued its earnings results on Thursday, February 26th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. Ecovyst had a negative net margin of 9.27% and a positive return on equity of 9.39%. The business had revenue of $199.43 million for the quarter, compared to analyst estimates of $184.85 million. During the same quarter in the prior year, the business posted $0.28 EPS. The company’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. As a group, research analysts anticipate that Ecovyst will post 0.44 earnings per share for the current fiscal year.

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.