$-0.18 EPS Expected for Layne Christensen Company (LAYN)

September 4, 2017 – By test

Investors sentiment increased to 1.13 in 2016 Q4. Its up 0.10, from 1.03 in 2016Q3. It increased, as 4 investors sold Layne Christensen Company shares while 28 reduced holdings. 16 funds opened positions while 20 raised stakes. 18.07 million shares or 2.42% less from 18.52 million shares in 2016Q3 were reported.
Bancshares Of America De holds 0% or 10,793 shares in its portfolio. Van Den Berg I, a Texas-based fund reported 2.29M shares. Blackrock stated it has 0% in Layne Christensen Company (NASDAQ:LAYN). Highlander Capital Management Limited Liability owns 2,000 shares. Susquehanna Intl Grp Llp holds 10,641 shares or 0% of its portfolio. Crystal Rock Cap Mgmt has invested 0.59% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). 209,958 were reported by Northern Trust. Legal And General Grp Public Ltd Liability Company holds 2,987 shares or 0% of its portfolio. Brandywine Glob Investment Management Lc has 0% invested in Layne Christensen Company (NASDAQ:LAYN) for 15,000 shares. Allianz Asset Mgmt Ag reported 0% stake. Green Square Cap Limited Liability Com has invested 0.84% in Layne Christensen Company (NASDAQ:LAYN). Van Eck Associates Corp reported 34,496 shares stake. Cove Street Cap Ltd Liability holds 100,000 shares or 0.11% of its portfolio. Credit Suisse Ag invested in 0.01% or 705,354 shares. Rhumbline Advisers has 0% invested in Layne Christensen Company (NASDAQ:LAYN) for 19,021 shares.

Analysts await Layne Christensen Company (NASDAQ:LAYN) to report earnings on September, 5. They expect $-0.18 earnings per share, up 14.29 % or $0.03 from last year’s $-0.21 per share. After $-0.17 actual earnings per share reported by Layne Christensen Company for the previous quarter, Wall Street now forecasts 5.88 % negative EPS growth. The stock increased 0.09% or $0.01 on September 1, reaching $10.75. About 114,903 shares traded or 7.14% up from the average. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since September 4, 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 has $9 highest and $8 lowest target. $8.33’s average target is -22.51% below currents $10.75 stock price. Layne Christensen had 6 analyst reports since August 18, 2015 according to SRatingsIntel. The company was maintained on Monday, March 7 by DA Davidson. The firm earned “Hold” rating on Friday, June 9 by Jefferies. The stock of Layne Christensen Company (NASDAQ:LAYN) has “Buy” rating given on Friday, February 19 by Maxim Group. Zacks downgraded Layne Christensen Company (NASDAQ:LAYN) on Tuesday, August 18 to “Buy” rating. The rating was maintained by Jefferies with “Hold” on Friday, August 4.

Layne Christensen Company is a water management, construction and drilling company. The company has market cap of $212.90 million. The Firm provides drilling solutions for water management, mineral services and specialty drilling needs. It currently has negative earnings. The Firm operates through three divisions: Water Resources, Inliner and Mineral Services.

More notable recent Layne Christensen Company (NASDAQ:LAYN) news were published by: Prnewswire.com which released: “Layne Christensen Announces Completion Of High-Capacity Water Pipeline In The …” on July 28, 2017, also Reuters.com with their article: “BRIEF-Layne Christensen announces new energy infrastructure business ​” published on June 07, 2017, Seekingalpha.com published: “Layne Christensen Still Has More Upside” on July 14, 2017. More interesting news about Layne Christensen Company (NASDAQ:LAYN) were released by: Prnewswire.com and their article: “Layne Christensen Provides Preliminary Fiscal 2017 Fourth Quarter Results” published on March 20, 2017 as well as Prnewswire.com‘s news article titled: “Layne Christensen Announces Definitive Agreement To Sell Its Heavy Civil Business” with publication date: February 09, 2017.