$-0.04 EPS Expected for Layne Christensen Company (LAYN)

December 8, 2017 - By Nellie Frank

 $ 0.04 EPS Expected for Layne Christensen Company (LAYN)
Investors sentiment increased to 1.03 in 2017 Q2. Its up 0.17, from 0.86 in 2017Q1. It is positive, as 10 investors sold Layne Christensen Company shares while 24 reduced holdings. 15 funds opened positions while 20 raised stakes. 17.48 million shares or 2.94% less from 18.01 million shares in 2017Q1 were reported.
Van Eck has invested 0% in Layne Christensen Company (NASDAQ:LAYN). Moreover, Goldman Sachs Grp has 0% invested in Layne Christensen Company (NASDAQ:LAYN). Oppenheimer Com has 47,300 shares. California State Teachers Retirement holds 31,968 shares. Condor Cap Management has invested 0.04% in Layne Christensen Company (NASDAQ:LAYN). Parametric Port Associate Lc owns 48,496 shares. Deutsche Financial Bank Ag has 0% invested in Layne Christensen Company (NASDAQ:LAYN). Ancora Advsr Ltd Limited Liability Company owns 0.08% invested in Layne Christensen Company (NASDAQ:LAYN) for 134,380 shares. Legal General Grp Pcl holds 2,801 shares. Renaissance Tech Ltd Liability Corporation stated it has 778,886 shares or 0.01% of all its holdings. Rutabaga Capital Limited Liability Co Ma owns 1.25 million shares or 2.06% of their US portfolio. The Illinois-based Guggenheim Ltd has invested 0% in Layne Christensen Company (NASDAQ:LAYN). National Bank & Trust Of America Corporation De reported 6,063 shares stake. Rock Point Advisors Lc has 0.21% invested in Layne Christensen Company (NASDAQ:LAYN). Vanguard Grp has invested 0% in Layne Christensen Company (NASDAQ:LAYN).

Analysts expect Layne Christensen Company (NASDAQ:LAYN) to report $-0.04 EPS on December, 14.They anticipate $0.13 EPS change or 76.47 % from last quarter’s $-0.17 EPS. After having $-0.11 EPS previously, Layne Christensen Company’s analysts see -63.64 % EPS growth. The stock decreased 2.08% or $0.24 during the last trading session, reaching $11.3. About 304,441 shares traded or 98.65% up from the average. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since December 8, 2016 and is downtrending. It has underperformed by 28.17% the S&P500.

Layne Christensen Company (NASDAQ:LAYN) Ratings Coverage

Among 3 analysts covering Layne Christensen (NASDAQ:LAYN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Layne Christensen had 7 analyst reports since August 18, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $900 target in Friday, June 9 report. As per Friday, August 4, the company rating was maintained by Jefferies. On Tuesday, September 12 the stock rating was maintained by Jefferies with “Hold”. As per Monday, March 7, the company rating was maintained by DA Davidson. The firm has “Buy” rating given on Tuesday, August 18 by Zacks. Maxim Group initiated it with “Buy” rating and $8 target in Friday, February 19 report.

Layne Christensen Company operates as a water management, construction, and drilling firm that provides solutions for the water, mineral, and energy markets in the United States and internationally. The company has market cap of $224.67 million. The companyÂ’s Water Resources segment offers water-related services and products, including hydrologic design and construction; source of supply exploration; well and intake construction; and well and pump rehabilitation services. It currently has negative earnings. This segment also provides water treatment equipment engineering services and systems for the treatment of regulated and nuisance contaminants.

More notable recent Layne Christensen Company (NASDAQ:LAYN) news were published by: Seekingalpha.com which released: “Sizing Up Layne Christensen’s Turnaround” on April 26, 2016, also Prnewswire.com with their article: “Layne Christensen Announces Completion Of High-Capacity Water Pipeline In The …” published on July 28, 2017, Prnewswire.com published: “Layne Christensen Announces Fiscal 2018 Third Quarter Earnings Release And …” on November 21, 2017. More interesting news about Layne Christensen Company (NASDAQ:LAYN) were released by: Seekingalpha.com and their article: “Layne Christensen Still Has More Upside” published on July 14, 2017 as well as Prnewswire.com‘s news article titled: “Layne Christensen Reports Fiscal 2018 First Quarter Results” with publication date: June 08, 2017.

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