Halfords Group (LON:HFD) Shares Up 14.1% – Time to Buy?

Halfords Group plc (LON:HFD) was up 14.1% during mid-day trading on Tuesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 143.80 ($1.79). Approximately 9,660,308 shares traded hands during trading, an increase of 696% from the average daily volume of 1,213,965 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Trading Up 13.5 %

The company has a market capitalization of £312.35 million, a PE ratio of 1,100.00, a price-to-earnings-growth 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’s fifty day moving average is GBX 134.89 and its 200-day moving average is 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) EPS for the quarter. Halfords Group had a return on equity of 5.22% and a net margin of 1.00%. On average, analysts anticipate that Halfords Group plc will post 9.1143911 EPS for the current fiscal year.

Halfords Group Cuts Dividend

The company also recently disclosed 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 payout ratio 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.