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

Ecovyst (NYSE:ECVTGet Free Report) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday, Wall Street Zen reports.

Other analysts have also recently issued research reports about the company. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a report on Thursday, August 27th. Freedom Capital upgraded shares of Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. BWS Financial reissued a “buy” rating and issued a $16.00 target price on shares of Ecovyst in a research report on Thursday, August 6th. Citigroup assumed coverage on shares of Ecovyst in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $14.00 price target on shares of Ecovyst in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $14.50.

Check Out Our Latest Research Report on ECVT

Ecovyst Price Performance

ECVT stock opened at $10.21 on Friday. Ecovyst has a 52-week low of $7.41 and a 52-week high of $15.09. The stock’s fifty day simple moving average is $11.34 and its 200-day simple moving average is $12.38. The company has a quick ratio of 1.44, a current ratio of 1.70 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of -19.26, a price-to-earnings-growth ratio of 0.45 and a beta of 1.07.

Ecovyst (NYSE:ECVTGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. The business had revenue of $249.96 million during the quarter, compared to the consensus estimate of $237.54 million. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.The business’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. Equities research analysts expect that Ecovyst will post 0.6 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Ecovyst in the 2nd quarter valued at about $2,794,000. California State Teachers Retirement System grew its stake in shares of Ecovyst by 1,325.6% during the second quarter. California State Teachers Retirement System now owns 1,524,415 shares of the company’s stock valued at $18,979,000 after acquiring an additional 1,417,482 shares in the last quarter. Compass Financial Management LLC acquired a new stake in shares of Ecovyst during the second quarter valued at about $305,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of Ecovyst during the second quarter worth about $394,000. Finally, Cookson Peirce & Co. Inc. purchased a new stake in shares of Ecovyst during the second quarter worth about $1,227,000. Institutional investors and hedge funds own 86.69% of the company’s stock.

Ecovyst Company Profile

(Get Free Report)

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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Analyst Recommendations for Ecovyst (NYSE:ECVT)

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