
Ecovyst (ECVT) Stock Forecast & Price Target
Ecovyst (ECVT) Analyst Ratings
Bulls say
Ecovyst Inc. demonstrates a positive outlook due to an anticipated recovery in its Advanced Materials & Catalysts (AM&C) segment, with management expecting performance to improve in the second half of the year, contributing approximately 70% of AM&C earnings during that period. The company’s Ecoservices segment continues to be a reliable revenue generator, with EBITDA growth of 11% to $54 million attributed to pricing strategies and improved volumes, while sales projections indicate a potential annual growth of 7-15%. Furthermore, the rising cash balance of approximately $22.5 million and the strong performance of the core business highlight Ecovyst’s ability to generate free cash flow, reinforcing investor confidence in its financial stability and growth prospects.
Bears say
Ecovyst Inc. is facing significant challenges, particularly within its Advanced Materials & Catalysts (AM&C) business and the Ecoservices platform, due to persistent weakness in the biofuels markets and emission catalysts, contributing to a bleak 2023/24 outlook. The first-quarter EBITDA guidance indicates a projected decline of approximately 36% year-over-year, raising concerns about the company's ability to recover and prompting a negative sentiment around the stock's performance. Additionally, while free cash flow is expected to improve in the coming years, the substantial drop in Q1 guidance has created uncertainty regarding earnings stability and future multiple expansion, adversely affecting investor confidence.
This aggregate rating is based on analysts' research of Ecovyst and is not a guaranteed prediction by Public.com or investment advice.
Ecovyst (ECVT) Analyst Forecast & Price Prediction
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