Halfords Group (LON:HFD) Trading 13.5% Higher – Still a Buy?

Halfords Group plc (LON:HFD) shares traded up 13.5% on Tuesday . The stock traded as high as GBX 153.60 ($1.91) and last traded at GBX 143 ($1.78). 4,323,830 shares changed hands during mid-day trading, an increase of 363% from the average session volume of 933,098 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Price Performance

The firm has a market capitalization of £312.35 million, a PE ratio of 1,100.00, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The business’s 50 day moving average is GBX 134.89 and its two-hundred day moving average is GBX 143.49.

Halfords Group (LON:HFD) last released its earnings results on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) EPS for the quarter. Halfords Group had a return on equity of 5.22% and a net margin of 1.00%. Equities research analysts anticipate that Halfords Group plc will post 9.1143911 earnings per share for the current fiscal year.

Halfords Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 12th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a yield of 2.32%. Halfords Group’s payout ratio is 6,153.85%.

Halfords Group Company Profile

HALFORDS IS THE UK’S LEADING PROVIDER OF MOTORING AND CYCLING PRODUCTS AND SERVICES.
Through Halfords Autocentres, it is also one of the UK’s leading independent operators in vehicle, servicing, maintenance and repairs.

We are a market-leading business, with unique and differentiated products and services.

Our unique mix of stores, garages, mobile vans and home delivery means we can offer customers unparalleled convenience in the motoring and cycling markets…
…We know that our customers want us to be there for them, when they need us.