Long-Time Horizon Analysis of Ecovyst Inc. (ECVT) Stock

Ecovyst Inc. [ECVT] stock is trading at $10.52, up 0.48%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ECVT shares have gain 7.35% over the last week, with a monthly amount glided 4.78%, and seem to be holding up well over a long-time horizon.

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Sponsored

On 13, September 2023, Ecovyst Announces Planned Expansion of Kansas City, KS Silica Catalyst Production Capability. In a post published today on Yahoo Finance, Ecovyst Inc. (NYSE: ECVT) (“Ecovyst” or the “Company”), a leading integrated and innovative provider of specialty catalysts and services, today announced plans to expand silica catalyst production capability at its manufacturing facility in Kansas City, KS.

From an analyst’s perspective:

Ecovyst Inc. [NYSE: ECVT] stock has seen the most recent analyst activity on September 11, 2023, when Citigroup initiated its Buy rating and assigned the stock a price target of $12.

Ecovyst Inc. [ECVT] stock has fluctuated between $8.20 and $12.35 over the past year. Currently, Wall Street analysts expect the stock to reach $13.93 within the next 12 months. Ecovyst Inc. [NYSE: ECVT] shares were valued at $10.52 at the most recent close of the market. An investor can expect a potential return of 32.41% based on the average ECVT price forecast.

Analyzing the ECVT fundamentals

Ecovyst Inc. [NYSE:ECVT] reported sales of 184.11 billion for the most recent quarter, which represents a drop of -18.30%. A company’s income per employee is $78,421 while it generates $921,527 in revenue per employee. Gross Margin for this corporation currently stands at +26.10% with Operating Margin at +15.43%, Pretax Margin comes in at +11.55%, and Net Margin reading is +8.51%. To continue investigating profitability, this company’s Return on Assets is posted at 3.66, Equity is 9.64, Total Capital is 7.70, and Invested Capital is 4.30. An extended look at the Principal structure reveals enduring liabilities to the total capital of 56.36 and enduring liabilities to assets of 48.47.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.40 points at the first support level, and at 10.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.63, and for the 2nd resistance point, it is at 10.73.

Ecovyst Inc. [ECVT] reported earnings per share of $0.29 for its fiscal quarter that ended on 6/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.27/share, meaning a difference of $0.02 and a surprise factor of 7.40%. By comparison, the stated earnings for the previous quarter ended on 3/30/2023 were $0.06 per share as compared to estimates of $0.05 per share, a difference of $0.01 representing a surprise of 20.00%.

Ratios To Look Out For

For context, Ecovyst Inc.’s Current Ratio is 1.90. As well, the Quick Ratio is 1.73, while the Cash Ratio is 0.86. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 1.53 and the P/E (TTM) ratio is 19.77.

Transactions by insiders

Insider trading has also been a hot topic recently, with 2 insiders purchasing 8,100 shares and 4 selling 194,511 shares in the past 3 months. Recent insider trading involved Feehan Michael, , that happened on Aug 23 when 5000.0 shares were purchased. , Bitting Kurt completed a deal on Aug 23 to buy 3100.0 shares. Meanwhile, Former 10% Owner INEOS Ltd sold 14.0 million shares on May 26.