Halfords Group (LON:HFD) Trading 17.5% Higher – Should You 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 changed hands during mid-day 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 Stock Up 17.5 %

The company has a market capitalization of £323.28 million, a P/E ratio of 1,138.46, a price-to-earnings-growth 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 is GBX 134.89 and its 200 day moving average is GBX 143.49.

Halfords Group (LON:HFD) last issued its quarterly earnings data on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) EPS for the quarter. Halfords Group had a net margin of 1.00% and a return on equity of 5.22%. Research analysts predict that Halfords Group plc will post 9.1143911 EPS for the current fiscal year.

Halfords Group Cuts Dividend

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