Halfords Group (LON:HFD) Releases Earnings Results

Halfords Group (LON:HFD) issued its quarterly earnings data on Friday. The company reported GBX 15.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Halfords Group had a return on equity of 6.52% and a net margin of 1.83%.The firm had revenue of GBX 180.17 billion during the quarter.

Halfords Group Trading Up 0.7%

LON HFD opened at GBX 218.50 on Friday. The company has a market cap of £476.06 million, a P/E ratio of -14.19, a P/E/G ratio of 2.80 and a beta of 1.22. Halfords Group has a 12 month low of GBX 123.80 and a 12 month high of GBX 220. The company has a debt-to-equity ratio of 48.29, a current ratio of 0.89 and a quick ratio of 0.41. The company has a 50-day moving average of GBX 166.17 and a 200-day moving average of GBX 150.09.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Shore Capital Group reissued a “buy” rating and set a GBX 200 price target on shares of Halfords Group in a research report on Thursday. Canaccord Genuity Group raised Halfords Group to a “buy” rating and increased their price objective for the company from GBX 156 to GBX 170 in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 185.

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.