EPS for Layne Christensen Company (LAYN) Expected At $-0.14

March 14, 2018 - By Adrian Mccoy

 EPS for Layne Christensen Company (LAYN) Expected At $ 0.14
Investors sentiment increased to 1.45 in 2017 Q3. Its up 0.42, from 1.03 in 2017Q2. It is positive, as 7 investors sold Layne Christensen Company shares while 22 reduced holdings. 20 funds opened positions while 22 raised stakes. 18.10 million shares or 3.49% more from 17.48 million shares in 2017Q2 were reported.
Ancora Lc reported 134,980 shares. Geode Limited Liability Corporation reported 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). First Eagle Ltd holds 0% in Layne Christensen Company (NASDAQ:LAYN) or 65,200 shares. The New York-based Morgan Stanley has invested 0% in Layne Christensen Company (NASDAQ:LAYN). The Switzerland-based Credit Suisse Ag has invested 0.01% in Layne Christensen Company (NASDAQ:LAYN). Van Eck Associate holds 0% or 27,350 shares. Ameritas Inc stated it has 0% in Layne Christensen Company (NASDAQ:LAYN). 4,800 are held by Highlander Ltd Com. Oppenheimer & reported 0.04% in Layne Christensen Company (NASDAQ:LAYN). State Street has 0% invested in Layne Christensen Company (NASDAQ:LAYN) for 278,804 shares. Blackrock Inc stated it has 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Renaissance Tech Lc holds 941,054 shares. Gamco Et Al holds 0.09% of its portfolio in Layne Christensen Company (NASDAQ:LAYN) for 1.19 million shares. Dimensional Fund Advsrs Limited Partnership owns 974,967 shares for 0.01% of their portfolio. Manufacturers Life Insur The stated it has 16,763 shares or 0% of all its holdings.

Analysts expect Layne Christensen Company (NASDAQ:LAYN) to report $-0.14 EPS on April, 9.They anticipate $0.81 EPS change or 85.26 % from last quarter’s $-0.95 EPS. After having $-0.05 EPS previously, Layne Christensen Company’s analysts see 180.00 % EPS growth. The stock increased 0.18% or $0.03 during the last trading session, reaching $16.54. About 289,429 shares traded or 0.87% up from the average. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since March 14, 2017 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. The stock of Layne Christensen Company (NASDAQ:LAYN) earned “Hold” rating by Jefferies on Tuesday, September 12. The rating was maintained by DA Davidson on Monday, March 7 with “Neutral”. Zacks downgraded Layne Christensen Company (NASDAQ:LAYN) on Tuesday, August 18 to “Buy” rating. Jefferies maintained it with “Hold” rating and $900 target in Friday, June 9 report. Jefferies maintained it with “Hold” rating and $900 target in Friday, August 4 report. The firm earned “Buy” rating on Friday, February 19 by Maxim Group.

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 $329.43 million. The company'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: Prnewswire.com which released: “SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of …” on February 16, 2018, also Businesswire.com with their article: “LAYNE CHRISTENSEN COMPANY SHAREHOLDER ALERT: Rigrodsky & Long, PA Announces …” published on February 14, 2018, Prnewswire.com published: “RM LAW Announces Investigation of Layne Christensen Company” on February 16, 2018. More interesting news about Layne Christensen Company (NASDAQ:LAYN) were released by: Businesswire.com and their article: “The Law Offices of Vincent Wong Reminds Investors of an Investigation of Layne …” published on February 28, 2018 as well as Prnewswire.com‘s news article titled: “Lifshitz & Miller LLP Announces Investigation of A. Schulman, Inc., CSRA Inc …” with publication date: March 13, 2018.

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