Halfords Group (LON:HFD) Shares Up 17.5% – What’s Next?

Halfords Group plc (LON:HFD)’s share price shot up 17.5% on Tuesday . The stock traded as high as GBX 153.60 ($1.91) and last traded at GBX 148 ($1.84). 9,295,694 shares were traded during mid-day trading, an increase of 678% from the average session volume of 1,194,775 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Price Performance

The firm has a market cap of £313.67 million, a price-to-earnings ratio of 1,104.62, a P/E/G ratio of 2.80 and a beta of 1.62. 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’s fifty day moving average price is GBX 135.07 and its 200-day moving average price is GBX 143.42.

Halfords Group (LON:HFD) last posted 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, equities research analysts forecast that Halfords Group plc will post 9.1143911 earnings per share for the current fiscal year.

Halfords Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 12th were given 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 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.