Ecovyst (NYSE:ECVT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Ecovyst (NYSE:ECVT) from a hold rating to a buy rating in a research note released on Sunday morning,Wall Street Zen reports.

A number of other equities research analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $14.00 target price on shares of Ecovyst in a research note on Tuesday, September 1st. BWS Financial reissued a “buy” rating and issued a $16.00 price target on shares of Ecovyst in a report on Thursday, August 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research report on Thursday, August 27th. Freedom Capital raised shares of Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Finally, Citigroup began coverage on shares of Ecovyst in a research report on Wednesday, June 24th. They issued an “overweight” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.62.

Ecovyst Trading Up 5.8%

Shares of ECVT stock opened at $10.55 on Friday. The company has a market capitalization of $1.15 billion, a PE ratio of -19.90, a price-to-earnings-growth ratio of 0.44 and a beta of 1.07. Ecovyst has a 52-week low of $7.41 and a 52-week high of $15.09. The business’s fifty day moving average is $11.09 and its 200 day moving average is $12.31. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.44 and a current ratio of 1.70.

Ecovyst (NYSE:ECVT) last announced its earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $237.54 million. During the same period in the prior year, the company earned $0.12 EPS. The company’s quarterly revenue was up 24.9% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. On average, equities research analysts anticipate that Ecovyst will post 0.6 EPS for the current fiscal year.

Insider Buying and Selling

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

Institutional Investors Weigh In On Ecovyst

A number of institutional investors have recently made changes to their positions in ECVT. Public Employees Retirement System of Ohio bought a new position in Ecovyst during the 2nd quarter worth approximately $65,000. OP Asset Management Ltd purchased a new position in Ecovyst in the 1st quarter worth approximately $77,000. State of Wyoming bought a new stake in Ecovyst in the first quarter valued at approximately $80,000. Summit Securities Group LLC bought a new stake in Ecovyst in the first quarter valued at approximately $154,000. Finally, Inceptionr LLC bought a new stake in Ecovyst in the first quarter valued at approximately $231,000. Hedge funds and other institutional investors own 86.69% of the company’s stock.

Ecovyst Company Profile

Ecovyst Inc (NYSE: ECVT) is a global provider of specialty catalysts and related services used in refining, petrochemical, chemical, renewable-fuels and industrial applications. The company develops and manufactures zeolite-based catalysts, molecular sieves and other advanced materials that help customers improve chemical processes, product performance and emissions control.

Ecovyst also operates a specialty services business that provides sulfuric acid regeneration, spent-acid management, catalyst recovery and related environmental services.