BWS Financial Forecasts Strong Price Appreciation for Ecovyst (NYSE:ECVT) Stock

Ecovyst (NYSE:ECVTGet Free Report) had its price target boosted by equities researchers at BWS Financial from $12.00 to $16.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. BWS Financial’s price target points to a potential upside of 41.16% from the company’s current price.

Several other equities research analysts also recently weighed in on the company. KeyCorp raised their price target on Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a report on Friday. Wall Street Zen upgraded shares of Ecovyst from a “hold” rating to a “buy” rating in a research report on Monday. Weiss Ratings reissued a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. Citigroup boosted 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. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Ecovyst from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.60.

Check Out Our Latest Report on Ecovyst

Ecovyst Price Performance

Shares of NYSE ECVT traded up $0.07 during trading hours on Monday, reaching $11.34. 1,023,957 shares of the stock traded hands, compared to its average volume of 1,323,829. The company has a market capitalization of $1.29 billion, a P/E ratio of -18.33, a price-to-earnings-growth ratio of 1.45 and a beta of 1.17. The company has a quick ratio of 2.07, a current ratio of 2.25 and a debt-to-equity ratio of 1.39. Ecovyst has a 52-week low of $5.24 and a 52-week high of $12.33. The company’s 50-day simple moving average is $10.77 and its two-hundred day simple moving average is $9.46.

Ecovyst (NYSE:ECVTGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.07. The business had revenue of $199.43 million during the quarter, compared to analysts’ expectations of $184.85 million. Ecovyst had a positive return on equity of 9.17% and a negative net margin of 9.27%.The business’s revenue was up 33.9% on a year-over-year basis. During the same quarter last year, the business posted $0.28 EPS. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Equities research analysts forecast that Ecovyst will post 0.44 EPS for the current year.

Hedge Funds Weigh In On Ecovyst

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Ecovyst by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock worth $108,126,000 after buying an additional 191,394 shares in the last quarter. Rubric Capital Management LP lifted its stake in shares of Ecovyst by 1.0% in the 4th 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 in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Ecovyst by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,387,278 shares of the company’s stock worth $62,149,000 after acquiring an additional 130,206 shares in the last quarter. Mangrove Partners IM LLC lifted its stake in shares of Ecovyst by 20.6% during the third 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 in the last quarter. Finally, Oaktree Capital Management LP grew its position in Ecovyst by 48.8% in the fourth quarter. Oaktree Capital Management LP now owns 4,254,503 shares of the company’s stock valued at $41,396,000 after acquiring an additional 1,395,481 shares in the last quarter. Hedge funds and other institutional investors own 86.69% of the company’s stock.

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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Analyst Recommendations for Ecovyst (NYSE:ECVT)

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