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

Halfords Group plc (LON:HFD)’s share price shot 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). 9,295,694 shares traded hands during trading, an increase of 678% from the average session volume of 1,194,775 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Trading Up 17.5 %

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 has a 50-day moving average price of GBX 134.89 and a 200-day moving average price of GBX 143.49. The stock has a market cap of £323.28 million, a P/E ratio of 1,138.46, a P/E/G ratio of 2.80 and a beta of 1.62.

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

Halfords Group Cuts Dividend

The business 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 of this dividend was Thursday, December 12th. Halfords Group’s dividend payout ratio is presently 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.