Ecovyst (NYSE:ECVT) Stock Rating Upgraded by Wall Street Zen

Ecovyst (NYSE:ECVT) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Tuesday.

Several other brokerages also recently issued reports on ECVT. BWS Financial raised their price objective on shares of Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. KeyCorp upped their target price on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Deutsche Bank Aktiengesellschaft lowered their target price on Ecovyst from $14.00 to $11.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Citigroup lifted their price target on Ecovyst from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ecovyst in a report on Wednesday, January 21st. Four investment 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’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.60.

Ecovyst Price Performance

NYSE:ECVT opened at $11.08 on Tuesday. Ecovyst has a one year low of $5.24 and a one year high of $12.33. The company has a market cap of $1.22 billion, a P/E ratio of -17.86, a P/E/G ratio of 1.55 and a beta of 1.17. The firm’s fifty day moving average price is $11.00 and its two-hundred day moving average price is $9.59. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.64 and a quick ratio of 2.42.

Ecovyst (NYSE:ECVT) last posted 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 company had revenue of $199.43 million during the quarter, compared to analysts’ expectations of $184.85 million. Ecovyst had a negative net margin of 9.27% and a positive return on equity of 9.39%. Ecovyst’s quarterly revenue was up 33.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.28 EPS. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Equities analysts expect that Ecovyst will post 0.44 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. EP Wealth Advisors LLC acquired a new stake in shares of Ecovyst in the fourth quarter valued at approximately $398,000. NewEdge Advisors LLC acquired a new stake in Ecovyst during the fourth quarter worth approximately $8,712,000. Empowered Funds LLC grew its position in Ecovyst by 23.3% during the fourth quarter. Empowered Funds LLC now owns 521,672 shares of the company’s stock worth $5,076,000 after buying an additional 98,448 shares in the last quarter. XTX Topco Ltd bought a new position in Ecovyst during the 4th quarter worth $176,000. Finally, VARCOV Co. bought a new position in Ecovyst during the 4th quarter worth $314,000. Institutional investors and hedge funds own 86.69% of the company’s stock.

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.