Halfords Group (LON:HFD) Stock Price Up 13.5% – Time to Buy?

Halfords Group plc (LON:HFD)’s share price traded up 13.5% on Tuesday . 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 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 company has a market capitalization of £312.35 million, a P/E ratio of 1,100.00, a PEG ratio of 2.80 and a beta of 1.62. The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41. The company has a 50 day moving average of GBX 134.89 and a 200-day moving average of GBX 143.49.

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 for the quarter. Halfords Group had a net margin of 1.00% and a return on equity of 5.22%. As a group, equities analysts anticipate that Halfords Group plc will post 9.1143911 EPS for the current year.

Halfords Group Cuts Dividend

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