Halfords Group (LON:HFD) Stock Price Up 13.5% – Should You Buy?

Halfords Group plc (LON:HFD)’s share price was 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). Approximately 4,323,830 shares were traded during 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 Price Performance

The business has a 50 day simple moving average of GBX 134.89 and a two-hundred day simple moving average of GBX 143.49. The firm has a market capitalization of £312.35 million, a P/E ratio of 1,100.00, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91.

Halfords Group (LON:HFD) last announced its earnings results on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) earnings per share for the quarter. Halfords Group had a net margin of 1.00% and a return on equity of 5.22%. On average, sell-side analysts expect that Halfords Group plc will post 9.1143911 EPS for the current fiscal year.

Halfords Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, December 12th were issued 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 dividend payout ratio is currently 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.