After finishing at $11.04 in the prior trading day, Ecovyst Inc (NYSE: ECVT) closed at $10.74, down -2.72%. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 574613 shares were traded. ECVT stock price reached its highest trading level at $11.20 during the session, while it also had its lowest trading level at $10.72.
Ratios:
Our goal is to gain a better understanding of ECVT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.25.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 22 ’24 when Ward Susan F sold 24,436 shares for $10.28 per share. The transaction valued at 251,307 led to the insider holds 67,587 shares of the business.
Feehan Michael bought 5,000 shares of ECVT for $48,350 on Aug 23 ’23. The insider now owns 340,940 shares after completing the transaction at $9.67 per share. On Aug 23 ’23, another insider, Bitting Kurt, who serves as the insider of the company, bought 3,100 shares for $9.64 each. As a result, the insider paid 29,891 and bolstered with 415,718 shares of the company.
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 1.26B and an Enterprise Value of 2.07B. As of this moment, Ecovyst’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.81, and their Forward P/E ratio for the next fiscal year is 9.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 2.99 whereas that against EBITDA is 9.79.
Stock Price History:
Over the past 52 weeks, ECVT has reached a high of $12.35, while it has fallen to a 52-week low of $8.26. The 50-Day Moving Average of the stock is 9.64, while the 200-Day Moving Average is calculated to be 9.95.
Shares Statistics:
The stock has traded on average 805.62K shares per day over the past 3-months and 1.52M shares per day over the last 10 days, according to various share statistics. A total of 116.12M shares are outstanding, with a floating share count of 104.37M. Insiders hold about 10.78% of the company’s shares, while institutions hold 87.55% stake in the company. Shares short for ECVT as of Mar 15, 2024 were 1.79M with a Short Ratio of 2.22, compared to 1.76M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.53% and a Short% of Float of 1.96%.
Earnings Estimates
Its stock is currently analyzed by 7 different market analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.01, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.22, with high estimates of $0.3 and low estimates of $0.17.
Analysts are recommending an EPS of between $1.05 and $0.67 for the fiscal current year, implying an average EPS of $0.86. EPS for the following year is $1.13, with 6 analysts recommending between $1.31 and $0.95.
Revenue Estimates
6 analysts predict $169.1M in revenue for the current quarter. It ranges from a high estimate of $195M to a low estimate of $159M. As of the current estimate, Ecovyst Inc’s year-ago sales were $160.9M, an estimated increase of 5.10% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $194.39M, a decrease of -1.30% less than the figure of $5.10% in the same quarter last year. There is a high estimate of $218M for the next quarter, whereas the lowest estimate is $180.03M.
A total of 7 analysts have provided revenue estimates for ECVT’s current fiscal year. The highest revenue estimate was $877M, while the lowest revenue estimate was $732M, resulting in an average revenue estimate of $758.38M. In the same quarter a year ago, actual revenue was $691.1M, up 9.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $806.66M in the next fiscal year. The high estimate is $950M and the low estimate is $769M. The average revenue growth estimate for next year is up 6.40% from the average revenue estimate for this year.
