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

December 8, 2017 - By Migdalia James

 EPS for Layne Christensen Company (LAYN) Expected At $ 0.04
Investors sentiment increased to 1.03 in Q2 2017. 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.
Prelude Capital Management Lc invested in 0% or 1,000 shares. Wells Fargo And Mn reported 0% stake. Northern invested in 218,316 shares. Credit Suisse Ag stated it has 691,999 shares or 0.01% of all its holdings. Geode Capital Limited Liability Corp accumulated 141,837 shares. Dimensional Fund Ltd Partnership reported 1.14 million shares stake. Condor Capital Management invested in 20,605 shares. Millennium Management Ltd Liability Com owns 29,209 shares or 0% of their US portfolio. Citigroup reported 120 shares. Nationwide Fund Advsr reported 0% stake. Alliancebernstein L P reported 13,500 shares. D E Shaw & Comm invested 0% in Layne Christensen Company (NASDAQ:LAYN). Wynnefield has invested 5.58% in Layne Christensen Company (NASDAQ:LAYN). Renaissance Techs Ltd has invested 0.01% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Blackrock Incorporated 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. The stock of Layne Christensen Company (NASDAQ:LAYN) earned “Hold” rating by Jefferies on Friday, June 9. Jefferies maintained Layne Christensen Company (NASDAQ:LAYN) rating on Friday, August 4. Jefferies has “Hold” rating and $900 target. The stock has “Neutral” rating by DA Davidson on Monday, March 7. On Tuesday, August 18 the stock rating was downgraded by Zacks to “Buy”. The company was maintained on Tuesday, September 12 by Jefferies. The stock of Layne Christensen Company (NASDAQ:LAYN) earned “Buy” rating by Maxim Group on Friday, February 19.

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: “Layne Christensen Still Has More Upside” on July 14, 2017, also Prnewswire.com with their article: “Layne Christensen Reports Fiscal 2018 First Quarter Results” published on June 08, 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: “Sticking With Layne Christensen After A Big Run” published on October 17, 2017 as well as Investorplace.com‘s news article titled: “3 Stocks to Watch on Tuesday: Kroger Co (KR), Layne Christensen Company (LAYN …” with publication date: September 12, 2017.

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