About Layne Christensen (NASDAQ:LAYN)
Layne Christensen Company operates as a water management, construction, and drilling company that provides solutions for the water, mineral, and energy markets in the United States and internationally. The company's Water Resources segment offers water-related products and services, including hydrologic design and construction; source of supply exploration; well and intake construction; and well and pump rehabilitation services. This segment also provides water treatment equipment engineering services and systems for the treatment of regulated and nuisance contaminants. Its Inliner segment provides process, sanitary, and storm water rehabilitation solutions to municipalities and industrial customers dealing with aging infrastructure needs, as well as other rehabilitative methods, such as Janssen structural renewal for service lateral connections and mainlines, slip lining, traditional excavation and replacement, and manhole renewal with cementitious and epoxy products. The company's Heavy Civil segment offers water and wastewater treatment plants design and construction, and pipeline installation services; provides surface water intakes, pumping stations, and hard rock tunnels; offers marine construction services; and designs and constructs biogas facilities. Its Mineral Services segment conducts above ground drilling activities comprising core drilling, reverse circulation, dual tube, hammer, and rotary air-blast methods; and provides exploratory and definition drilling services. The company serves government agencies, investor-owned utilities, industrial companies, global mining companies, consulting engineering firms, heavy civil construction contractors, oil and gas companies, power companies, and agribusinesses. The company was formerly known as Layne Inc. and changed its name to Layne Christensen Company in June 1996. Layne Christensen Company was founded in 1882 and is headquartered in The Woodlands, Texas.
Industry, Sector and Symbol
Industry CONSTRUCT/BLDG SERV
Sub-IndustryConstruction & Engineering
Trailing P/E Ratio-4.57232704402516
Forward P/E Ratio-28.51
Sales & Book Value
Annual Sales$601.97 million
Price / Sales0.48
Price / CashN/A
Book Value$4.15 per share
Price / Book3.50
Return on Equity-40.46%
Return on Assets-6.33%
Layne Christensen (NASDAQ:LAYN) Frequently Asked Questions
What is Layne Christensen's stock symbol?
Layne Christensen trades on the NASDAQ under the ticker symbol "LAYN."
How were Layne Christensen's earnings last quarter?
Layne Christensen (NASDAQ:LAYN) released its quarterly earnings results on Tuesday, December, 5th. The construction company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by $0.07. The construction company had revenue of $127.43 million for the quarter, compared to the consensus estimate of $131.12 million. Layne Christensen had a negative net margin of 12.73% and a negative return on equity of 40.46%. The company's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.26) EPS. View Layne Christensen's Earnings History.
When will Layne Christensen make its next earnings announcement?
Where is Layne Christensen's stock going? Where will Layne Christensen's stock price be in 2018?
1 equities research analysts have issued 12-month price targets for Layne Christensen's stock. Their predictions range from $11.00 to $11.00. On average, they expect Layne Christensen's share price to reach $11.00 in the next twelve months. View Analyst Ratings for Layne Christensen.
Who are some of Layne Christensen's key competitors?
Who are Layne Christensen's key executives?
Layne Christensen's management team includes the folowing people:
- Mr. Michael J. Caliel, Pres, CEO & Director (Age 59)
- Mr. J. Michael Anderson, Sr. VP & CFO (Age 56)
- Mr. Steven F. Crooke, Sr. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 61)
- Mr. Kevin P. Maher, Sr. VP of Water Resources & Mineral Services (Age 58)
- Mr. Larry D. Purlee, Pres of Inliner Division (Age 70)
Has Layne Christensen been receiving favorable news coverage?
News headlines about LAYN stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Layne Christensen earned a coverage optimism score of 0.16 on Accern's scale. They also gave media stories about the construction company an impact score of 45.95 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Layne Christensen's major shareholders?
Layne Christensen's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Van Den Berg Management I Inc. (11.21%), Royce & Associates LP (10.00%),
LINDEN CAPITAL L.P.
(9.20%), Rutabaga Capital Management LLC MA (6.42%), BlackRock Inc. (6.05%) and
STEELHEAD PARTNERS LLC
(5.30%). Company insiders that own Layne Christensen stock include J Michael Anderson and Michael J Caliel. View Institutional Ownership Trends for Layne Christensen.
Which institutional investors are selling Layne Christensen stock?
LAYN stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Gamco Investors INC. ET AL, Fuller & Thaler Asset Management Inc., Deutsche Bank AG, Renaissance Technologies LLC, PEAK6 Investments L.P., Gabelli Funds LLC and Rutabaga Capital Management LLC MA. View Insider Buying and Selling for Layne Christensen.
Which institutional investors are buying Layne Christensen stock?
LAYN stock was purchased by a variety of institutional investors in the last quarter, including Nokomis Capital L.L.C., Van Den Berg Management I Inc., Moors & Cabot Inc., Corsair Capital Management L.P., Royce & Associates LP, Investors Research Corp, Millennium Management LLC and Geode Capital Management LLC. Company insiders that have bought Layne Christensen stock in the last two years include J Michael Anderson and Michael J Caliel. View Insider Buying and Selling for Layne Christensen.
How do I buy shares of Layne Christensen?
Shares of LAYN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Layne Christensen's stock price today?
One share of LAYN stock can currently be purchased for approximately $14.54.
How big of a company is Layne Christensen?
Layne Christensen has a market capitalization of $306.92 million and generates $601.97 million in revenue each year. The construction company earns $-52,230,000.00 in net income (profit) each year or ($3.18) on an earnings per share basis. Layne Christensen employs 2,491 workers across the globe.
How can I contact Layne Christensen?
Layne Christensen's mailing address is 1800 HUGHES LANDING BOULEVARD SUITE 800, THE WOODLANDS TX, 77380. The construction company can be reached via phone at 281-475-2600 or via email at [email protected]
MarketBeat Community Rating for Layne Christensen (LAYN)MarketBeat's community ratings are surveys of what our community members think about Layne Christensen and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Layne Christensen (NASDAQ:LAYN) Earnings History and Estimates Chart
Layne Christensen (NASDAQ LAYN) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|12/5/2017||Q3 2018||($0.04)||($0.11)||$131.12 million||$127.43 million||View||Listen|
|9/11/2017||Q2 2018||($0.18)||($0.11)||$122.99 million||$126.20 million||View||N/A|
|6/8/2017||Q1 18||($0.31)||($0.17)||$111.25 million||$111.51 million||View||Listen|
|4/10/2017||Q4 2017||($0.13)||($0.95)||$154.50 million||$129.60 million||View||N/A|
|12/8/2016||Q317||($0.17)||($0.26)||$166.93 million||$153.60 million||View||N/A|
|9/6/2016||Q217||($0.20)||($0.26)||$164.19 million||$159.05 million||View||N/A|
|6/6/2016||Q117||($0.31)||($0.45)||$160.24 million||$159.70 million||View||N/A|
|4/12/2016||Q4 2016||($0.33)||($0.54)||$163.00 million||$159.24 million||View||N/A|
|12/9/2015||Q316||($0.10)||($0.17)||$198.11 million||$173.20 million||View||Listen|
|9/8/2015||Q216||($0.21)||($0.35)||$210.20 million||$176.30 million||View||Listen|
|6/8/2015||Q116||($0.57)||($0.55)||$191.50 million||$194.36 million||View||Listen|
|4/13/2015||Q415||($1.18)||($1.17)||$190.93 million||$193.90 million||View||N/A|
|12/10/2014||Q315||($0.50)||($0.19)||$211.80 million||$222.90 million||View||N/A|
|9/9/2014||Q215||($0.49)||($0.59)||$217.17 million||$210.40 million||View||N/A|
|6/16/2014||Q115||($0.35)||($1.41)||$206.58 million||$191.20 million||View||N/A|
|5/1/2014||Q414||($0.28)||($0.59)||$210.58 million||$184.40 million||View||N/A|
|12/5/2013||Q3||($0.36)||($0.80)||$244.68 million||$216.50 million||View||Listen|
|9/6/2013||Q2 2014||($0.39)||($1.17)||$260.61 million||$232.00 million||View||N/A|
|6/5/2013||Q1 2014||($0.10)||($1.22)||$251.80 million||$226.40 million||View||N/A|
|4/15/2013||Q4 2013||($0.29)||($0.91)||$254.69 million||$229.74 million||View||N/A|
|9/6/2012||Q213||$0.43||$0.25||$291.97 million||$289.60 million||View||N/A|
Layne Christensen (NASDAQ:LAYN) Earnings Estimates
2018 EPS Consensus Estimate: ($0.66)
2019 EPS Consensus Estimate: $0.36
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Layne Christensen (NASDAQ:LAYN)
No dividend announcements for this company have been tracked by MarketBeat.com
Layne Christensen (NASDAQ LAYN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 12.00%
Institutional Ownership Percentage: 94.37%
Layne Christensen (NASDAQ LAYN) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|7/17/2017||Michael J Caliel||Insider||Buy||2,500||$9.57||$23,925.00||15,000|| |
|4/13/2017||J Michael Anderson||CFO||Buy||2,000||$7.93||$15,860.00||8,000|| |
|1/15/2016||J Michael Anderson||CFO||Buy||2,000||$5.13||$10,260.00||6,000|| |
|1/5/2016||Nelson Obus||Director||Buy||289,191||$5.25||$1,518,252.75||912,744|| |
|1/4/2016||Nelson Obus||Director||Buy||274,367||$5.25||$1,440,426.75||912,744|| |
|12/31/2015||Nelson Obus||Director||Buy||96,748||$5.21||$504,057.08||623,553|| |
|12/29/2015||Nelson Obus||Director||Buy||39,261||$5.11||$200,623.71||526,805|| |
|12/28/2015||Nelson Obus||Director||Buy||94,886||$4.95||$469,685.70||526,805|| |
|12/24/2015||Nelson Obus||Director||Buy||57,320||$4.72||$270,550.40||392,658|| |
|12/23/2015||David A. B. Brown||CEO||Buy||15,000||$4.79||$71,850.00||50,213|| |
|10/16/2015||J Michael Anderson||CFO||Buy||4,000||$7.10||$28,400.00||4,000|| |
|10/14/2015||David A B Brown||Chairman||Buy||10,000||$6.77||$67,700.00||35,213|| |
|9/28/2015||Nelson Obus||Director||Buy||5,200||$5.89||$30,628.00||335,338|| |
|9/25/2015||Nelson Obus||Director||Buy||15,500||$5.76||$89,280.00||330,138|| |
|9/22/2015||Nelson Obus||Director||Buy||45,836||$5.96||$273,182.56||314,638|| |
|9/16/2015||Nelson Obus||Director||Buy||15,000||$5.94||$89,100.00||268,802|| |
|9/14/2015||Michael J Caliel||CEO||Buy||7,500||$6.09||$45,675.00||12,500|| |
|9/14/2015||Nelson Obus||Director||Buy||70,000||$6.18||$432,600.00||253,802|| |
|7/23/2015||Nelson Obus||Director||Buy||5,685||$8.30||$47,185.50|| |
|7/13/2015||John T Nesser III||Director||Buy||5,000||$8.70||$43,500.00|| |
|7/9/2015||Nelson Obus||Director||Buy||67,315||$8.26||$556,021.90|| |
|7/7/2015||Nelson Obus||Director||Buy||28,971||$8.23||$238,431.33|| |
|7/6/2015||Nelson Obus||Director||Buy||8,029||$8.24||$66,158.96|| |
|6/22/2015||Nelson Obus||Director||Buy||8,474||$8.09||$68,554.66|| |
|6/12/2015||Michael J Caliel||CEO||Buy||5,000||$9.71||$48,550.00|| |
|9/8/2014||Van Den Berg Management I, Inc||Major Shareholder||Sell||2,955||$11.92||$35,223.60|| |
|9/5/2014||Van Den Berg Management I, Inc||Major Shareholder||Sell||1,030||$10.96||$11,288.80|| |
|8/29/2014||Van Den Berg Management I, Inc||Major Shareholder||Sell||3,915||$11.25||$44,043.75|| |
|1/7/2014||David Brown||Chairman||Buy||20,000||$16.69||$333,800.00||25,213|| |
|9/12/2012||Nelson Obus||Director||Buy||50,000||$18.05||$902,500.00|| |
Layne Christensen (NASDAQ LAYN) News Headlines
|BRIEF-Layne Christensen Says On March 19, Co Entered Into A Note Purchase Agreement With Two Funds - SEC Filing|
www.reuters.com - March 23 at 4:50 PM
|Layne Christensen (LAYN) & Its Peers Critical Analysis|
www.americanbankingnews.com - March 22 at 9:16 PM
|SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Layne Christensen Company Buyout|
finance.yahoo.com - March 13 at 6:37 PM
|Zacks: Analysts Set $11.00 Price Target for Layne Christensen (LAYN)|
www.americanbankingnews.com - March 10 at 5:22 PM
|Houston-based engineering firm announces new president|
www.bizjournals.com - March 7 at 5:38 PM
|Learning to Fly: Wind tunnel training takes ski jumper Sarah Hendrickson to new heights|
www.nbcnews.com - March 6 at 8:58 AM
|Zacks: Layne Christensen (LAYN) Given $11.00 Consensus Target Price by Analysts|
www.americanbankingnews.com - March 5 at 11:46 AM
|Fuller & Thaler Asset Management Inc. Sells 49,500 Shares of Layne Christensen (LAYN)|
www.americanbankingnews.com - March 1 at 10:50 AM
|The Law Offices of Vincent Wong Reminds Investors of an Investigation of Layne Christensen Company in Connection with the Sale of the Company to Granite Construction Inc.|
finance.yahoo.com - February 28 at 5:19 PM
|Crystal Rock Capital Management Purchases 13,500 Shares of Layne Christensen (LAYN)|
www.americanbankingnews.com - February 27 at 3:21 PM
| Layne Christensen (LAYN) Given $11.00 Consensus Price Target by Brokerages|
www.americanbankingnews.com - February 26 at 1:32 AM
|Layne Christensen (LAYN) Lifted to C- at TheStreet|
www.americanbankingnews.com - February 16 at 11:34 PM
|SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Layne Christensen Company - LAYN|
finance.yahoo.com - February 16 at 4:50 PM
|RM LAW Announces Investigation of Layne Christensen Company|
www.prnewswire.com - February 16 at 12:43 PM
|Active-Investors: Wired News - Granite Construction Acquires Layne Christensen; Expands Presence in Water Infrastructure Market|
www.finanznachrichten.de - February 16 at 8:52 AM
|INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of Layne Christensen Company to Granite Construction Inc. is Fair to Shareholders|
finance.yahoo.com - February 16 at 8:52 AM
|Wired News – Granite Construction Acquires Layne Christensen; Expands Presence in Water Infrastructure Market|
finance.yahoo.com - February 16 at 8:52 AM
|Layne Christensen (LAYN) Lifted to Hold at ValuEngine|
www.americanbankingnews.com - February 14 at 11:12 PM
|Stock merger: Granite Construction and Layne|
seekingalpha.com - February 14 at 5:00 PM
|Granite Construction (GVA) to Acquire Layne Christensen (LAYN) for $565M in Stock|
www.streetinsider.com - February 14 at 5:00 PM
|BRIEF-Granite Construction Says Under Deal With Layne Christensen, Co To Receive From Layne Termination Fee Of $16 Mln Under Certain Circumstances|
www.reuters.com - February 14 at 5:00 PM
|Is It Too Late To Buy Layne Christensen Company (NASDAQ:LAYN)?|
finance.yahoo.com - February 14 at 5:00 PM
|Learning to Fly: Wind tunnel training takes ski jumping to new heights|
www.msn.com - February 12 at 4:16 PM
| Brokerages Set $11.00 Price Target for Layne Christensen (LAYN)|
www.americanbankingnews.com - February 10 at 5:20 PM
|Layne Christensen Announces Early Completion Of The Hermosa Pipeline Extension In The Delaware Basin|
finance.yahoo.com - February 8 at 8:42 AM
|Layne Christensen Target of Unusually High Options Trading (LAYN)|
www.americanbankingnews.com - February 4 at 1:06 AM
|Layne Christensen (LAYN) Stock Rating Upgraded by BidaskClub|
www.americanbankingnews.com - December 20 at 7:46 AM
| Layne Christensen (LAYN) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - December 20 at 1:08 AM
|How Should Investors React To Layne Christensen Company’s (NASDAQ:LAYN) CEO Pay?|
finance.yahoo.com - December 19 at 5:17 PM
|ETFs with exposure to Layne Christensen Co. : December 18, 2017|
finance.yahoo.com - December 18 at 5:17 PM
|Free Research Report as Primoris Services’ Net Income Surged 365.39% and Revenues Jumped 19.79%|
finance.yahoo.com - December 18 at 9:50 AM
|Layne Christensen (LAYN) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - December 12 at 1:00 AM
|Jefferies Group Comments on Layne Christensen Company's FY2018 Earnings (LAYN)|
www.americanbankingnews.com - December 11 at 8:55 AM
|Jefferies Group Weighs in on Layne Christensen Company's Q1 2019 Earnings (LAYN)|
www.americanbankingnews.com - December 8 at 5:14 PM
|ETFs with exposure to Layne Christensen Co. : December 8, 2017|
finance.yahoo.com - December 8 at 5:11 PM
|Layne Christensen Co. :LAYN-US: Earnings Analysis: Q3, 2018 By the Numbers : December 7, 2017|
finance.yahoo.com - December 7 at 5:44 PM
|Edited Transcript of LAYN earnings conference call or presentation 6-Dec-17 2:00pm GMT|
finance.yahoo.com - December 7 at 9:48 AM
|Layne Christensen Company to Host Earnings Call|
finance.yahoo.com - December 6 at 9:41 AM
|Layne Christensen (LAYN) Releases Quarterly Earnings Results, Misses Expectations By $0.07 EPS|
www.americanbankingnews.com - December 5 at 9:28 PM
|Layne Christensen Reports Fiscal 2018 Third Quarter Results|
www.bizjournals.com - December 5 at 5:14 PM
|BRIEF-Layne Christensen Q3 Loss Per Share $0.10 From Continuing Operations|
www.reuters.com - December 5 at 5:14 PM
|Layne Christensen (LAYN) Lowered to "Sell" at ValuEngine|
www.americanbankingnews.com - December 3 at 8:34 AM
|Zacks: Layne Christensen Company (LAYN) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - December 1 at 5:46 AM
|Does Layne Christensen Company’s (LAYN) -22.4% EPS Decline Reflect A Long-Term Trend?|
finance.yahoo.com - November 29 at 5:37 PM
|Layne Christensen Company (LAYN) to Release Quarterly Earnings on Tuesday|
www.americanbankingnews.com - November 28 at 1:50 AM
|Layne Christensen Announces Fiscal 2018 Third Quarter Earnings Release And Conference Call Schedule|
finance.yahoo.com - November 22 at 1:44 AM
|Layne Christensen (LAYN) Presents At Three Part Advisors Southwest IDEAS Investor Conference - Slideshow|
seekingalpha.com - November 18 at 4:16 AM
|Zacks: Brokerages Set $11.00 Target Price for Layne Christensen Company (LAYN)|
www.americanbankingnews.com - November 16 at 9:52 PM
|Layne Christensen To Present At The 2017 Southwest IDEAS Investor Conference|
finance.yahoo.com - November 8 at 1:26 PM
|The Rugged noax PCs Enable Layne Bencor to Complete Challenging Projects|
www.streetinsider.com - November 3 at 1:49 PM
Layne Christensen (NASDAQ:LAYN) SEC Filings
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Layne Christensen (NASDAQ:LAYN) Income Statement, Balance Sheet and Cash Flow Statement
Layne Christensen (NASDAQ LAYN) Stock Chart for Saturday, March, 24, 2018