Halfords Group (LON:HFD) Stock Price Up 19.2% – Still a Buy?

Halfords Group plc (LON:HFD)’s stock price traded up 19.2% during mid-day trading on Tuesday . The stock traded as high as GBX 153.60 ($1.91) and last traded at GBX 150.20 ($1.87). 8,136,228 shares changed hands during mid-day trading, an increase of 618% from the average session volume of 1,133,750 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Trading Up 1.0 %

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 company has a fifty day simple moving average of GBX 135.07 and a 200-day simple moving average of GBX 143.42. The company has a market capitalization of £314.10 million, a PE ratio of 1,106.15, a PEG ratio of 2.80 and a beta of 1.62.

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 (EPS) for the quarter. Halfords Group had a net margin of 1.00% and a return on equity of 5.22%. Analysts predict that Halfords Group plc will post 9.1143911 EPS for the current year.

Halfords Group Cuts Dividend

The company also recently declared 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. This represents a dividend yield of 2.32%. The ex-dividend date of this dividend was Thursday, December 12th. Halfords Group’s 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.