Ecovyst (NYSE:ECVT) Price Target Raised to $13.00

Ecovyst (NYSE:ECVT) had its price objective boosted by Citigroup from $12.00 to $13.00 in a report issued on Monday,Benzinga reports. Citigroup currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the stock. KeyCorp upped their target price on shares of Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Wall Street Zen upgraded shares of Ecovyst from a “hold” rating to a “buy” rating in a research report on Monday. Weiss Ratings reiterated a “sell (d)” rating on shares of Ecovyst in a report on Wednesday, January 21st. BWS Financial restated a “buy” rating and issued a $12.00 price target on shares of Ecovyst in a report on Friday, January 2nd. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Ecovyst from $14.00 to $11.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ecovyst has a consensus rating of “Moderate Buy” and an average target price of $13.60.

Ecovyst Trading Up 0.3%

NYSE ECVT opened at $11.50 on Monday. Ecovyst has a 12 month low of $5.24 and a 12 month high of $12.33. The stock has a 50-day simple moving average of $10.87 and a 200 day simple moving average of $9.51. The company has a current ratio of 2.64, a quick ratio of 2.07 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $1.27 billion, a PE ratio of -18.55, a P/E/G ratio of 1.48 and a beta of 1.17.

Ecovyst (NYSE:ECVT) last issued its earnings results on Thursday, February 26th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.07. The firm had revenue of $199.43 million for the quarter, compared to analysts’ expectations 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 quarter last year, the business earned $0.28 earnings per share. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Research analysts forecast that Ecovyst will post 0.44 EPS for the current year.

Institutional Trading of Ecovyst

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Rubric Capital Management LP boosted its holdings in Ecovyst by 120.9% during the third quarter. Rubric Capital Management LP now owns 10,400,000 shares of the company’s stock worth $91,104,000 after purchasing an additional 5,692,653 shares during the last quarter. Oaktree Capital Management LP bought a new stake in Ecovyst during the 3rd quarter worth about $25,045,000. Boston Partners boosted its stake in shares of Ecovyst by 321.1% during the 2nd quarter. Boston Partners now owns 3,242,285 shares of the company’s stock worth $26,785,000 after buying an additional 2,472,377 shares during the last quarter. Brightline Capital Management LLC acquired a new position in shares of Ecovyst during the 4th quarter worth about $19,946,000. Finally, Invenomic Capital Management LP bought a new position in shares of Ecovyst in the 3rd quarter valued at about $16,729,000. 86.69% of the stock is currently owned by institutional investors and hedge funds.

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.