Ecovyst Inc. (NYSE:ECVT) Receives Average Rating of “Moderate Buy” from Analysts

Ecovyst Inc. (NYSE:ECVT) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $14.62.

A number of research firms recently issued reports on ECVT. Freedom Capital raised Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Wall Street Zen raised shares of Ecovyst from a “hold” rating to a “buy” rating in a report on Sunday, September 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $14.00 target price on shares of Ecovyst in a research report on Tuesday, September 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ecovyst in a research report on Thursday, August 27th. Finally, BWS Financial reissued a “buy” rating and set a $16.00 price target on shares of Ecovyst in a research note on Thursday, August 6th.

Ecovyst Stock Down 0.6%

Ecovyst stock opened at $10.31 on Thursday. The firm has a market capitalization of $1.13 billion, a P/E ratio of -19.45, a P/E/G ratio of 0.46 and a beta of 1.05. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. Ecovyst has a twelve month low of $7.41 and a twelve month high of $15.09. The stock’s fifty day simple moving average is $10.41 and its 200-day simple moving average is $12.18.

Ecovyst (NYSE:ECVT) last posted its earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.The business had revenue of $249.96 million during the quarter, compared to the consensus estimate of $237.54 million. During the same period in the previous year, the business earned $0.12 EPS. The business’s quarterly revenue was up 24.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, equities analysts expect that Ecovyst will post 0.6 earnings per share for the current fiscal year.

Insider Activity at Ecovyst

In other news, Director Patti Humble purchased 24,875 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were bought at an average cost of $10.05 per share, with a total value of $249,993.75. Following the purchase, the director directly owned 33,974 shares of the company’s stock, valued at approximately $341,438.70. This trade represents a 273.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.84% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ecovyst

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio acquired a new position in shares of Ecovyst in the 2nd quarter valued at about $65,000. OP Asset Management Ltd purchased a new position in Ecovyst in the 1st quarter worth approximately $77,000. State of Wyoming purchased a new position in shares of Ecovyst in the first quarter valued at $80,000. Summit Securities Group LLC purchased a new stake in Ecovyst during the 1st quarter worth $154,000. Finally, Inceptionr LLC purchased a new position in Ecovyst in the 1st quarter valued at about $231,000. Institutional investors and hedge funds own 86.69% of the company’s stock.

About Ecovyst

Ecovyst Inc (NYSE: ECVT) is a global specialty catalysts and services company serving the chemical, refining, pharmaceutical and industrial markets. Its products and services are designed to support chemical processing, resource recovery and the production of fuels and other materials.

The company operates through two primary business areas. Its Ecoservices business provides sulfuric acid recycling and regeneration, virgin sulfuric acid, and related chemical services used by refineries and industrial customers.