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

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

Halfords Group Stock Up 13.5 %

The firm has a market cap of £312.35 million, a PE ratio of 1,100.00, a P/E/G ratio of 2.80 and a beta of 1.62. The business’s 50-day simple moving average is GBX 134.89 and its 200 day simple moving average is GBX 143.49. The company has a current ratio of 0.91, a quick ratio of 0.41 and a debt-to-equity ratio of 59.34.

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

Halfords Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 12th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date 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.