Ecovyst (NYSE:ECVT) Shares Gap Down – Time to Sell?

Ecovyst Inc. (NYSE:ECVT)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $10.44, but opened at $9.99. Ecovyst shares last traded at $10.1430, with a volume of 196,942 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. BWS Financial restated a “buy” rating and set a $16.00 price objective on shares of Ecovyst in a research note on Thursday, August 6th. Freedom Capital raised shares of Ecovyst to a “strong-buy” rating in a research note on Monday, June 29th. Wall Street Zen upgraded shares of Ecovyst from a “hold” rating to a “buy” rating in a research report on Sunday, August 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ecovyst in a research note on Monday, June 1st. Finally, Citigroup assumed coverage on shares of Ecovyst in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Ecovyst has an average rating of “Moderate Buy” and an average price target of $13.90.

Ecovyst Stock Performance

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 firm has a market cap of $1.10 billion, a price-to-earnings ratio of -18.92, a price-to-earnings-growth ratio of 0.45 and a beta of 1.10. The company has a fifty day moving average price of $11.84 and a two-hundred day moving average price of $12.46.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. The firm had revenue of $249.96 million for the quarter, compared to analysts’ expectations of $237.54 million. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.83%. Ecovyst’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period 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. As a group, equities research analysts expect that Ecovyst Inc. will post 0.6 EPS for the current year.

Hedge Funds Weigh In On Ecovyst

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Ecovyst by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock valued at $108,126,000 after purchasing an additional 191,394 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Ecovyst in the 2nd quarter valued at $132,792,000. Rubric Capital Management LP increased its stake in Ecovyst by 1.0% in the 4th quarter. Rubric Capital Management LP now owns 10,500,000 shares of the company’s stock worth $102,165,000 after purchasing an additional 100,000 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Ecovyst by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,498,654 shares of the company’s stock worth $83,573,000 after buying an additional 111,376 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Ecovyst by 246.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company’s stock worth $62,101,000 after buying an additional 3,435,942 shares during the period. 86.69% of the stock is currently 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.