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

Ecovyst Inc. (NYSE:ECVT) has earned an average rating of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $14.20.

ECVT has been the subject of several research analyst reports. Citigroup upped their price objective on shares of Ecovyst from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. BWS Financial boosted their price target on shares of Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. KeyCorp boosted their price target on shares of Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Finally, Wall Street Zen upgraded shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th.

Ecovyst Stock Performance

Shares of ECVT opened at $13.35 on Friday. Ecovyst has a 1 year low of $7.35 and a 1 year high of $15.09. The company has a market cap of $1.46 billion, a price-to-earnings ratio of -24.28, a price-to-earnings-growth ratio of 1.85 and a beta of 1.12. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.13 and a current ratio of 2.38. The firm has a fifty day moving average of $13.63 and a 200-day moving average of $11.43.

Ecovyst (NYSE:ECVT) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. The company had revenue of $214.95 million during the quarter, compared to the consensus estimate of $191.07 million. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The company’s revenue for the quarter was up 50.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. As a group, equities analysts anticipate that Ecovyst will post 0.51 earnings per share for the current year.

Institutional Investors Weigh In On Ecovyst

Several hedge funds and other institutional investors have recently bought and sold shares of ECVT. Royal Bank of Canada raised its position in Ecovyst by 8.6% in the first quarter. Royal Bank of Canada now owns 45,069 shares of the company’s stock worth $279,000 after acquiring an additional 3,571 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Ecovyst by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock worth $428,000 after acquiring an additional 2,874 shares in the last quarter. Empowered Funds LLC raised its position in Ecovyst by 7.5% in the first quarter. Empowered Funds LLC now owns 344,030 shares of the company’s stock worth $2,133,000 after acquiring an additional 23,951 shares in the last quarter. Jane Street Group LLC raised its position in Ecovyst by 954.1% in the first quarter. Jane Street Group LLC now owns 141,532 shares of the company’s stock worth $877,000 after acquiring an additional 128,105 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Ecovyst in the second quarter worth about $129,000. 86.69% of the stock is currently owned by institutional investors.

About Ecovyst

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.