Shares of Ecovyst Inc. (NYSE:ECVT – Get Free Report) passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $10.15 and traded as high as $11.07. Ecovyst shares last traded at $10.2320, with a volume of 4,458,291 shares trading hands.
More Ecovyst News
Here are the key news stories impacting Ecovyst this week:
- Positive Sentiment: Q3 adjusted EPS was $0.23, beating the $0.21 analyst consensus and rising from $0.19 a year earlier. Revenue of $308.6 million also topped estimates of $287.5 million. Ecovyst Inc. Tops Q3 EPS by 2c
- Positive Sentiment: Ecovyst raised its 2026 outlook, signaling increased confidence in its expected performance. Adjusted net income also grew robustly, according to the coverage. Ecovyst Q3 Adjusted Earnings, Revenue Rise; Raises 2026 Guidance
- Neutral Sentiment: Revenue climbed about 51% year over year, but coverage noted that an acquisition contributed to the increase, so the headline growth may not fully reflect underlying organic growth. Why Ecovyst Stock Topped the Market Today
- Negative Sentiment: The company’s reported net margin was negative 7.05%, a profitability concern despite the stronger adjusted earnings and sales. Ecovyst quarterly earnings report
Analysts Set New Price Targets
Several research analysts have issued reports on ECVT shares. BMO Capital Markets reiterated an “outperform” rating on shares of Ecovyst in a report on Friday. Wall Street Zen lowered shares of Ecovyst from a “buy” rating to a “hold” rating in a report on Sunday, November 1st. BWS Financial restated a “buy” rating and issued a $16.00 price target on shares of Ecovyst in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $14.00 price target on shares of Ecovyst in a research report on Tuesday, September 1st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Ecovyst in a research note on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Ecovyst has a consensus rating of “Moderate Buy” and an average target price of $14.62.
Ecovyst Trading Up 2.8%
The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $1.15 billion, a P/E ratio of 13.62, a price-to-earnings-growth ratio of 0.47 and a beta of 1.08. The company has a 50-day moving average price of $10.16 and a 200 day moving average price of $11.76.
Ecovyst (NYSE:ECVT – Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.02. The company had revenue of $308.64 million for the quarter, compared to analyst estimates of $287.45 million. Ecovyst had a return on equity of 14.49% and a net margin of 3.72%. The firm’s quarterly revenue was up 50.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.19 earnings per share. On average, research analysts forecast that Ecovyst Inc. will post 0.60 earnings per share for the current fiscal year.
Insider Activity
In other news, Director Patti Humble acquired 24,875 shares of Ecovyst stock in a transaction that occurred on Thursday, September 10th. The stock was purchased at an average price of $10.05 per share, for a total transaction of $249,993.75. Following the purchase, the director directly owned 33,974 shares in the company, valued at $341,438.70. The trade was a 273.38% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 1.84% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Ecovyst
Several institutional investors have recently bought and sold shares of ECVT. BlackRock Inc. acquired a new position in shares of Ecovyst during the second quarter worth $132,792,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Ecovyst by 246.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company’s stock worth $62,101,000 after purchasing an additional 3,435,942 shares in the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Ecovyst in the 2nd quarter worth $10,712,000. Bank of America Corp DE purchased a new position in Ecovyst during the 2nd quarter worth $7,274,000. Finally, Empowered Funds LLC purchased a new position in Ecovyst during the 2nd quarter worth $7,163,000. 86.69% of the stock is currently owned by institutional investors and hedge funds.
Ecovyst Company Profile
Ecovyst Inc (NYSE: ECVT) is a global provider of specialty catalysts and advanced materials used in industrial and environmental applications. The company develops, manufactures and supplies products that help customers improve process efficiency, increase yields and meet emissions and sustainability requirements.
Through its Catalysts Technologies business, Ecovyst provides catalysts and related services for petroleum refining, renewable fuels, petrochemicals and other chemical processes.
Further Reading
- Five stocks we like better than Ecovyst
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for Ecovyst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecovyst and related companies with MarketBeat.com's FREE daily email newsletter.
