Halfords Group (LON:HFD) Reaches New 12-Month High – Time to Buy?

Halfords Group plc (LON:HFDGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 242.50 and last traded at GBX 241.99, with a volume of 609187 shares traded. The stock had previously closed at GBX 239.50.

Analyst Ratings Changes

Several research firms have issued reports on HFD. Canaccord Genuity Group upped their price objective on shares of Halfords Group from GBX 170 to GBX 255 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Shore Capital Group restated a “buy” rating and issued a GBX 200 price target on shares of Halfords Group in a research report on Thursday, June 25th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Halfords Group has an average rating of “Buy” and an average target price of GBX 227.50.

View Our Latest Stock Report on HFD

Halfords Group Price Performance

The company has a current ratio of 0.89, a quick ratio of 0.41 and a debt-to-equity ratio of 48.29. The firm has a market cap of £531.62 million, a PE ratio of 16.71, a price-to-earnings-growth ratio of 2.80 and a beta of 1.23. The company has a 50 day moving average price of GBX 191.16 and a 200 day moving average price of GBX 158.71.

Halfords Group (LON:HFDGet Free Report) last released its quarterly earnings results on Friday, June 26th. The company reported GBX 15.20 earnings per share (EPS) for the quarter. The business had revenue of GBX 180.17 billion during the quarter. Halfords Group had a return on equity of 6.52% and a net margin of 1.83%. On average, sell-side analysts expect that Halfords Group plc will post 9.1143911 EPS for the current year.

Halfords Group Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Halfords Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halfords Group and related companies with MarketBeat.com's FREE daily email newsletter.