EcovystECVT
Market Cap: $771M
About: Ecovyst Inc is a integrated and global provider of materials, specialty catalysts and services. Its products contribute to lower emissions and cleaner air, higher fuel efficiency and cleaner fuels, and key enablers to advance transition to clean energy. The company has two reporting segments: (1) Ecoservices and (2) Advanced Materials & Catalysts. Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides on-purpose virgin sulfuric acid for water treatment, mining, and industrial applications. Maximum revenue is generated from Ecoservices segment.
Employees: 911
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
64% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 39
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
3% more funds holding
Funds holding: 148 [Q1] → 152 (+4) [Q2]
1.89% more ownership
Funds ownership: 88.96% [Q1] → 90.85% (+1.89%) [Q2]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]
18% less capital invested
Capital invested by funds: $1.16B [Q1] → $953M (-$206M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Keybanc Aleksey Yefremov 31% 1-year accuracy 15 / 49 met price target | 51%upside $10 | Overweight Maintained | 5 Aug 2024 |
BWS Financial Hamed Khorsand 57% 1-year accuracy 39 / 68 met price target | 81%upside $12 | Buy Maintained | 5 Aug 2024 |
Citigroup Patrick Cunningham 60% 1-year accuracy 21 / 35 met price target | 66%upside $11 | Buy Maintained | 12 Jul 2024 |