Halfords Group (LON:HFD) Shares Up 17.5% – Time to Buy?

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

Halfords Group Price Performance

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 firm has a market cap of £323.28 million, a P/E ratio of 1,138.46, a PEG ratio of 2.80 and a beta of 1.62. The stock’s 50-day simple moving average is GBX 134.89 and its two-hundred day simple moving average is GBX 143.49.

Halfords Group (LON:HFD) last released its earnings results on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) EPS for the quarter. Halfords Group had a return on equity of 5.22% and a net margin of 1.00%. 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 firm also recently announced a dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, December 12th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a dividend yield of 2.32%. Halfords Group’s dividend payout ratio (DPR) is 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.