Halfords Group (LON:HFD) Issues Earnings Results

Halfords Group (LON:HFD) issued its quarterly earnings results on Wednesday. The company reported GBX 13.80 ($0.19) EPS for the quarter, Digital Look Earnings reports. Halfords Group had a net margin of 0.85% and a return on equity of 2.61%.

Halfords Group Stock Down 3.1%

HFD opened at GBX 166.13 ($2.27) on Thursday. 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 stock has a market capitalization of £360.56 million, a price-to-earnings ratio of 25.09, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The business has a 50-day moving average of GBX 162.89 and a two-hundred day moving average of GBX 141.78. Halfords Group has a 12 month low of GBX 112.60 ($1.54) and a 12 month high of GBX 177 ($2.42).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lifted their price target on shares of Halfords Group from GBX 142 ($1.94) to GBX 151 ($2.06) and gave the stock a “hold” rating in a report on Thursday, April 17th.

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.