Halfords Group (LON:HFD) Trading 15.1% Higher – Still a Buy?

Halfords Group plc (LON:HFD) traded up 15.1% on Tuesday . The stock traded as high as GBX 153.60 ($1.91) and last traded at GBX 145 ($1.80). 6,925,562 shares changed hands during trading, an increase of 547% from the average session volume of 1,070,031 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Stock Performance

The company has a fifty day moving average of GBX 134.89 and a two-hundred day moving average of GBX 143.49. 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 company has a market cap of £327.21 million, a price-to-earnings ratio of 1,152.31, a P/E/G 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) earnings per share for the quarter. Halfords Group had a return on equity of 5.22% and a net margin of 1.00%. Equities research analysts anticipate that Halfords Group plc will post 9.1143911 EPS for the current year.

Halfords Group Cuts Dividend

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