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

March 19, 2018 - By wolcottdaily

 Analysts See $ 0.14 EPS for Layne Christensen Company (LAYN)
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.
Northern Tru stated it has 214,277 shares. Nationwide Fund Advsr holds 0% or 36,511 shares in its portfolio. Manufacturers Life Insur Company The reported 16,763 shares stake. Macquarie Grp accumulated 3,420 shares or 0% of the stock. Renaissance Technology Ltd holds 0.01% or 941,054 shares. Guggenheim Ltd Com reported 13,750 shares or 0% of all its holdings. 13,172 are owned by Zacks Mgmt. Invesco Limited owns 269,219 shares for 0% of their portfolio. 195,130 are owned by Kbc Group Inc Nv. Art Advisors reported 0.01% in Layne Christensen Company (NASDAQ:LAYN). Vanguard Group Inc Inc reported 795,415 shares stake. Prelude Cap Mgmt Llc stated it has 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Bnp Paribas Arbitrage invested in 1,691 shares. First Eagle Investment Mgmt Limited Co stated it has 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Manatuck Hill Limited Liability Co accumulated 300,000 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 decreased 2.16% or $0.35 during the last trading session, reaching $15.83. About 54,766 shares traded. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since March 19, 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. Zacks downgraded the shares of LAYN in report on Tuesday, August 18 to “Buy” rating. Jefferies maintained the stock with “Hold” rating in Friday, June 9 report. The firm has “Neutral” rating by DA Davidson given on Monday, March 7. Maxim Group initiated the stock with “Buy” rating in Friday, February 19 report. The rating was maintained by Jefferies on Friday, August 4 with “Hold”. As per Tuesday, September 12, the company rating was maintained by Jefferies.

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 $315.29 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.

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