Halfords Group (LON:HFD) Trading Up 18.1% – What’s Next?

Halfords Group plc (LON:HFD)’s stock price rose 18.1% during mid-day trading on Tuesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 148.80 ($1.85). Approximately 8,242,451 shares traded hands during trading, an increase of 623% from the average daily volume of 1,139,341 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Stock Up 17.9 %

The stock has a 50 day moving average price of GBX 134.89 and a 200-day moving average price of GBX 143.49. The stock has a market capitalization of £324.58 million, a P/E ratio of 1,143.05, 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.

Halfords Group (LON:HFD) last announced 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 return on equity of 5.22% and a net margin of 1.00%. As a group, research analysts expect that Halfords Group plc will post 9.1143911 EPS for the current fiscal year.

Halfords Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 12th were paid a GBX 3 ($0.04) dividend. The ex-dividend date was Thursday, December 12th. This represents a dividend yield of 2.32%. 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.