Halfords Group (LON:HFD) Hits New 1-Year High – Here’s What Happened

Halfords Group plc (LON:HFD)’s stock price reached a new 52-week high on Friday . The company traded as high as GBX 220 and last traded at GBX 218.50, with a volume of 71310758 shares traded. The stock had previously closed at GBX 217.

Analyst Ratings Changes

HFD has been the subject of a number of recent research reports. Canaccord Genuity Group raised shares of Halfords Group to a “buy” rating and lifted their price target for the company from GBX 156 to GBX 170 in a research report on Friday, May 1st. Shore Capital Group restated a “buy” rating and issued a GBX 200 price objective on shares of Halfords Group in a report on Thursday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Halfords Group has a consensus rating of “Buy” and an average target price of GBX 185.

Halfords Group Stock Up 0.7%

The stock has a market cap of £476.06 million, a PE ratio of -14.19, a PEG ratio of 2.80 and a beta of 1.22. The company has a debt-to-equity ratio of 50.72, a current ratio of 0.84 and a quick ratio of 0.41. The company has a 50 day moving average price of GBX 164.50 and a two-hundred day moving average price of GBX 149.60.

Halfords Group (LON:HFD) last released its quarterly earnings data on Friday, June 26th. The company reported GBX 15.20 EPS for the quarter. Halfords Group had a negative return on equity of 6.79% and a negative net margin of 1.94%.The company had revenue of GBX 180.17 billion for the quarter. Analysts expect that Halfords Group plc will post 9.1143911 EPS for the current year.

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.