Analysts See $-0.14 EPS for Layne Christensen Company (LAYN)

March 15, 2018 - By Adrian Erickson

 Analysts See $ 0.14 EPS for Layne Christensen Company (LAYN)
Investors sentiment increased to 1.45 in Q3 2017. 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.
Manufacturers Life Insur The holds 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN) for 16,763 shares. Bnp Paribas Arbitrage owns 1,691 shares or 0% of their US portfolio. Geode Cap Limited Liability Com invested in 157,356 shares or 0% of the stock. Gabelli Funds Lc invested 0.04% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). State Street Corp holds 278,804 shares. Royal Financial Bank Of Canada reported 4,103 shares or 0% of all its holdings. Renaissance Tech Ltd Llc holds 0.01% in Layne Christensen Company (NASDAQ:LAYN) or 941,054 shares. California State Teachers Retirement Sys holds 0% or 28,450 shares in its portfolio. Invesco Ltd holds 0% or 269,219 shares in its portfolio. Rhumbline Advisers reported 21,669 shares. Goldman Sachs Group Inc reported 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Blackrock accumulated 1.19 million shares. Guggenheim Limited Liability Corp holds 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN) for 13,750 shares. Federated Investors Pa reported 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Gsa Prtn Ltd Liability Partnership owns 30,588 shares or 0.03% of their US portfolio.

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 decreased 0.60% or $0.1 during the last trading session, reaching $16.44. About 258,870 shares traded. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since March 15, 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. Jefferies maintained the shares of LAYN in report on Friday, June 9 with “Hold” rating. The company was downgraded on Tuesday, August 18 by Zacks. DA Davidson maintained Layne Christensen Company (NASDAQ:LAYN) rating on Monday, March 7. DA Davidson has “Neutral” rating and $8 target. The rating was maintained by Jefferies on Friday, August 4 with “Hold”. The stock of Layne Christensen Company (NASDAQ:LAYN) has “Hold” rating given on Tuesday, September 12 by Jefferies. 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 $327.44 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: which released: “SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of …” on February 16, 2018, also with their article: “RM LAW Announces Investigation of Layne Christensen Company” published on February 16, 2018, 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: and their article: “LAYNE CHRISTENSEN INVESTOR ALERT by the Former Attorney General of Louisiana …” published on February 16, 2018 as well as‘s news article titled: “SHAREHOLDER ALERT: Rigrodsky & Long, PA Announces Investigation of Layne …” with publication date: February 14, 2018.

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