Ecovyst (NYSE:ECVT) Sets New 12-Month High – Here’s What Happened

Ecovyst Inc. (NYSE:ECVT)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $12.38 and last traded at $12.2850, with a volume of 1325558 shares changing hands. The stock had previously closed at $11.98.

Analyst Upgrades and Downgrades

Several analysts have commented on ECVT shares. 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. KeyCorp raised their target price 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. Wall Street Zen downgraded shares of Ecovyst from a “strong-buy” rating to a “buy” rating in a report on Saturday. Citigroup upped their price target on shares of Ecovyst from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Ecovyst presently has an average rating of “Moderate Buy” and a consensus target price of $13.60.

Ecovyst Price Performance

The company has a 50 day simple moving average of $11.25 and a 200 day simple moving average of $9.75. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of -20.13, a price-to-earnings-growth ratio of 1.64 and a beta of 1.17. The company has a quick ratio of 2.42, a current ratio of 2.64 and a debt-to-equity ratio of 0.65.

Ecovyst (NYSE:ECVT) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.07. The business had revenue of $199.43 million for the quarter, compared to analyst estimates of $184.85 million. Ecovyst had a positive return on equity of 9.39% and a negative net margin of 9.27%.The company’s revenue was up 33.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.28 EPS. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. As a group, research analysts predict that Ecovyst Inc. will post 0.44 EPS for the current year.

Institutional Trading of Ecovyst

Institutional investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue purchased a new position in Ecovyst in the third quarter valued at about $48,000. CWM LLC boosted its position in shares of Ecovyst by 45.9% in the third quarter. CWM LLC now owns 8,678 shares of the company’s stock worth $76,000 after buying an additional 2,732 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of Ecovyst in the third quarter valued at about $87,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Ecovyst during the 3rd quarter valued at about $89,000. Finally, Jefferies Financial Group Inc. acquired a new position in Ecovyst during the 2nd quarter worth approximately $101,000. 86.69% of the stock is owned by hedge funds and other 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.