Halfords Group (LON:HFD) Trading Up 17.5% – Still a Buy?

Halfords Group plc (LON:HFDGet Free Report) shares rose 17.5% during mid-day 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 traded hands during 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 Stock Up 17.5 %

The business has a 50-day moving average price of GBX 134.89 and a 200 day moving average price of 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. The stock has a market capitalization 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:HFDGet Free Report) last released its quarterly earnings data 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 analysts expect that Halfords Group plc will post 9.1143911 EPS for the current fiscal year.

Halfords Group Cuts Dividend

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

Halfords Group Company Profile

(Get Free Report)

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.

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