Ecovyst Inc. (NYSE:ECVT) Stock Has Consensus Target Price of $14.62 According to Brokerages

Shares of Ecovyst Inc. (NYSE:ECVT – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $14.62.

A number of research firms have issued reports on ECVT. Wall Street Zen lowered shares of Ecovyst from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research note on Thursday, August 27th. BWS Financial reaffirmed a “buy” rating and set a $16.00 price objective on shares of Ecovyst in a research report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $14.00 price objective on shares of Ecovyst in a research note on Tuesday, September 1st.

Get Our Latest Report on Ecovyst

Ecovyst Stock Performance

Shares of Ecovyst stock opened at $10.10 on Monday. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of -19.06, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.70 and a quick ratio of 1.44. The business has a 50-day moving average of $10.16 and a 200 day moving average of $11.78. Ecovyst has a 12 month low of $7.41 and a 12 month high of $15.09.

Ecovyst (NYSE:ECVT – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. The company had revenue of $249.96 million for the quarter, compared to analyst estimates of $237.54 million. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.83%. The business’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, sell-side analysts forecast that Ecovyst will post 0.60 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Patti Humble purchased 24,875 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were bought at an average price of $10.05 per share, for a total transaction of $249,993.75. Following the acquisition, the director directly owned 33,974 shares in the company, valued at $341,438.70. This trade represents a 273.38% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.84% of the stock is currently owned by company insiders.

Institutional Trading of Ecovyst

Large investors have recently made changes to their positions in the company. Brooklands Fund Management Ltd acquired a new stake in Ecovyst in the third quarter valued at approximately $246,000. Sterling Capital Management LLC lifted its stake in Ecovyst by 7.8% in the third quarter. Sterling Capital Management LLC now owns 34,591 shares of the company’s stock worth $340,000 after acquiring an additional 2,507 shares during the last quarter. Inspire Investing LLC lifted its stake in Ecovyst by 18.1% in the third quarter. Inspire Investing LLC now owns 64,768 shares of the company’s stock worth $637,000 after acquiring an additional 9,931 shares during the last quarter. Seven Mile Advisory acquired a new position in Ecovyst during the 3rd quarter worth approximately $211,000. Finally, Nisa Investment Advisors LLC grew its holdings in Ecovyst by 75.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 18,659 shares of the company’s stock worth $183,000 after acquiring an additional 8,053 shares in the last quarter. 86.69% of the stock is currently owned by hedge funds and other institutional investors.

Ecovyst Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Ecovyst (NYSE:ECVT)

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.