Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Ecovyst Inc (NYSE: ECVT) closed at $8.2 down -2.26% from its previous closing price of $8.39. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 3.24 million shares were traded. ECVT stock price reached its highest trading level at $8.625 during the session, while it also had its lowest trading level at $8.05.
Ratios:
For a deeper understanding of Ecovyst Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.14. For the most recent quarter (mrq), Quick Ratio is recorded 2.24 and its Current Ratio is at 2.81. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.27.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on September 11, 2023, initiated with a Buy rating and assigned the stock a target price of $12.
On March 23, 2022, BWS Financial started tracking the stock assigning a Buy rating and target price of $18. On November 29, 2021, Citigroup started tracking the stock assigning a Neutral rating and target price of $10.80.Citigroup initiated its Neutral rating on November 29, 2021, with a $10.80 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ECVT now has a Market Capitalization of 984992192 and an Enterprise Value of 1740896256. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 2.465 whereas that against EBITDA is 9.643.
Stock Price History:
The Beta on a monthly basis for ECVT is 1.25, which has changed by 0.25 over the last 52 weeks, in comparison to a change of 0.18634176 over the same period for the S&P500. Over the past 52 weeks, ECVT has reached a high of $9.07, while it has fallen to a 52-week low of $5.24. The 50-Day Moving Average of the stock is -1.43%, while the 200-Day Moving Average is calculated to be 9.44%.
Shares Statistics:
For the past three months, ECVT has traded an average of 1.49M shares per day and 1845510 over the past ten days. A total of 117.40M shares are outstanding, with a floating share count of 114.65M. Insiders hold about 2.35% of the company’s shares, while institutions hold 90.65% stake in the company. Shares short for ECVT as of 1752537600 were 4953645 with a Short Ratio of 3.32, compared to 1749772800 on 6281945. Therefore, it implies a Short% of Shares Outstanding of 4953645 and a Short% of Float of 4.81.
Earnings Estimates
The current assessment of Ecovyst Inc (ECVT) involves the perspectives of 5.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.25, with high estimates of $0.32 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.7 and $0.55 for the fiscal current year, implying an average EPS of $0.63. EPS for the following year is $0.89, with 5.0 analysts recommending between $1.14 and $0.76.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $218.86M this quarter.It ranges from a high estimate of $225.9M to a low estimate of $211M. As of the current estimate, Ecovyst Inc’s year-ago sales were $179.2MFor the next quarter, 4 analysts are estimating revenue of $217.34M. There is a high estimate of $224M for the next quarter, whereas the lowest estimate is $211M.
A total of 5 analysts have provided revenue estimates for ECVT’s current fiscal year. The highest revenue estimate was $815M, while the lowest revenue estimate was $792M, resulting in an average revenue estimate of $805.73M. In the same quarter a year ago, actual revenue was $704.5MBased on 5 analysts’ estimates, the company’s revenue will be $840.2M in the next fiscal year. The high estimate is $878M and the low estimate is $811.46M.
