Halfords Group (LON:HFD) Shares Up 18.1% – Still a Buy?

Shares of Halfords Group plc (LON:HFD) were up 18.1% on Tuesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 148.80 ($1.85). Approximately 8,242,451 shares were traded during mid-day trading, an increase of 623% from the average daily volume of 1,139,341 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Stock Performance

The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The stock has a market cap of £314.10 million, a price-to-earnings ratio of 1,106.15, a P/E/G ratio of 2.80 and a beta of 1.62. The stock has a fifty day simple moving average of GBX 135.07 and a two-hundred day simple moving average of GBX 143.42.

Halfords Group (LON:HFD) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) earnings per share for the quarter. Halfords Group had a return on equity of 5.22% and a net margin of 1.00%. 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. Investors of record on Thursday, December 12th were given a dividend of GBX 3 ($0.04) per share. This represents a yield of 2.32%. The ex-dividend date of this dividend was Thursday, December 12th. 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.