Halfords Group (LON:HFD) Shares Up 13.5% – Still a Buy?

Halfords Group plc (LON:HFD)’s stock price was up 13.5% during trading on Tuesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 143 ($1.78). Approximately 4,323,830 shares were traded during mid-day trading, an increase of 363% from the average daily volume of 933,098 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Stock Up 13.5 %

The company has a market capitalization of £312.35 million, a PE ratio of 1,100.00, a P/E/G ratio of 2.80 and a beta of 1.62. The business has a 50-day moving average of GBX 134.93 and a 200 day moving average of GBX 143.47. The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41.

Halfords Group (LON:HFD) last posted its 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%. Equities research analysts predict that Halfords Group plc will post 9.1143911 earnings per share for the current year.

Halfords Group Cuts Dividend

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