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

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

Halfords Group Stock Up 13.5 %

The stock has a market capitalization of £312.35 million, a price-to-earnings ratio of 1,100.00, a PEG ratio of 2.80 and a beta of 1.62. The firm 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 released its quarterly earnings results on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) earnings per share (EPS) for the quarter. Halfords Group had a return on equity of 5.22% and a net margin of 1.00%. As a group, sell-side analysts forecast that Halfords Group plc will post 9.1143911 earnings per share for the current fiscal year.

Halfords Group Cuts Dividend

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