Halfords Group (LON:HFD) Trading 13.5% Higher – Should You Buy?

Halfords Group plc (LON:HFD) shares traded up 13.5% during mid-day trading on Wednesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 143 ($1.78). 4,323,830 shares were traded 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 Performance

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 fifty day moving average price of GBX 134.93 and a 200-day moving average price of GBX 143.47. The firm has a market capitalization of £312.79 million, a price-to-earnings ratio of 1,101.54, a PEG ratio of 2.80 and a beta of 1.62.

Halfords Group (LON:HFD) last issued its 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, analysts anticipate that Halfords Group plc will post 9.1143911 earnings per share for the current fiscal year.

Halfords Group Cuts Dividend

The firm also recently declared 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. The ex-dividend date was Thursday, December 12th. This represents a yield of 2.32%. Halfords Group’s dividend 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.