Halfords Group (LON:HFD) Stock Price Up 17.5% – Time to Buy?

Shares of Halfords Group plc (LON:HFD) were up 17.5% during trading on Tuesday . The stock traded as high as GBX 153.60 ($1.91) and last traded at GBX 148 ($1.84). Approximately 9,295,694 shares were traded during mid-day trading, an increase of 678% from the average daily volume of 1,194,775 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Price Performance

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 stock’s 50-day moving average is GBX 134.89 and its two-hundred day moving average is GBX 143.49. The stock has a market cap of £323.28 million, a PE ratio of 1,138.46, a PEG ratio of 2.80 and a beta of 1.62.

Halfords Group (LON:HFD) last released its quarterly 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%. On average, equities analysts predict 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 issued a dividend of GBX 3 ($0.04) per share. This represents a yield of 2.32%. The ex-dividend date was Thursday, December 12th. Halfords Group’s dividend payout ratio (DPR) is 6,153.85%.

About Halfords Group

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.