Ecovyst (NYSE:ECVT – Free Report) had its price objective increased by Citigroup from $13.00 to $15.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts have also commented on the company. Wall Street Zen lowered Ecovyst from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Weiss Ratings reissued a “sell (d)” rating on shares of Ecovyst in a report on Wednesday, January 21st. KeyCorp raised their price target on shares of Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, BWS Financial raised their price target on Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.
View Our Latest Report on Ecovyst
Ecovyst Stock Performance
Ecovyst (NYSE:ECVT – Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. Ecovyst had a positive return on equity of 9.39% and a negative net margin of 9.27%.The business had revenue of $199.43 million during the quarter, compared to analyst estimates of $184.85 million. During the same period in the prior year, the company posted $0.28 earnings per share. Ecovyst’s revenue was up 33.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Sell-side analysts expect that Ecovyst will post 0.44 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Planning grew its stake in Ecovyst by 4.8% in the third quarter. Creative Planning now owns 28,622 shares of the company’s stock valued at $251,000 after acquiring an additional 1,311 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Ecovyst by 4.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,292 shares of the company’s stock valued at $449,000 after purchasing an additional 2,124 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Ecovyst by 6.7% in the third quarter. Arizona State Retirement System now owns 34,740 shares of the company’s stock valued at $304,000 after purchasing an additional 2,195 shares in the last quarter. CWM LLC lifted its holdings in shares of Ecovyst by 45.9% in the third quarter. CWM LLC now owns 8,678 shares of the company’s stock valued at $76,000 after purchasing an additional 2,732 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Ecovyst by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock valued at $428,000 after purchasing an additional 2,874 shares in the last quarter. 86.69% of the stock is owned by institutional investors and hedge funds.
About Ecovyst
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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