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

March 14, 2018 - By Stephen Andrade

 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 increased, 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.
Northern Corporation reported 214,277 shares. State Street has 278,804 shares for 0% of their portfolio. Ameritas Invest Prtn holds 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN) for 1,411 shares. Ancora Advisors Lc, Us-based fund reported 134,980 shares. Renaissance Technology Lc stated it has 941,054 shares or 0.01% of all its holdings. Teton Advisors stated it has 225,000 shares. Guggenheim Capital Ltd Liability Com stated it has 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Pnc Services Group Inc has invested 0% in Layne Christensen Company (NASDAQ:LAYN). First Eagle Mgmt Ltd Liability Corporation reported 65,200 shares. Credit Suisse Ag holds 0.01% or 660,719 shares. Putnam Lc holds 140,619 shares. Goldman Sachs Group Incorporated has 14,949 shares. Oppenheimer Inc has 0.04% invested in Layne Christensen Company (NASDAQ:LAYN) for 132,300 shares. Federated Investors Pa stated it has 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Alliancebernstein Lp holds 0% in Layne Christensen Company (NASDAQ:LAYN) or 13,500 shares.

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 rating was downgraded by Zacks on Tuesday, August 18 to “Buy”. As per Tuesday, September 12, the company rating was maintained by Jefferies. Jefferies maintained the stock with “Hold” rating in Friday, August 4 report. The stock has “Buy” rating by Maxim Group on Friday, February 19. DA Davidson maintained it with “Neutral” rating and $8 target in Monday, March 7 report. Jefferies maintained Layne Christensen Company (NASDAQ:LAYN) on Friday, June 9 with “Hold” rating.

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

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