Halfords Group (LON:HFD) Issues Earnings Results

Halfords Group (LON:HFD - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported GBX 13.80 ($0.19) earnings per share 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 0.1%

Shares of HFD stock traded down GBX 0.20 ($0.00) during trading hours on Wednesday, reaching GBX 171.40 ($2.33). The company had a trading volume of 2,251,452 shares, compared to its average volume of 1,103,753. The company has a market capitalization of £371.99 million, a P/E ratio of 25.89, 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 quick ratio of 0.41 and a current ratio of 0.91. Halfords Group has a twelve month low of GBX 112.60 ($1.53) and a twelve month high of GBX 177 ($2.41). The stock's fifty day simple moving average is GBX 162.25 and its 200 day simple moving average is GBX 141.57.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised their target price on shares of Halfords Group from GBX 142 ($1.93) to GBX 151 ($2.06) and gave the company a "hold" rating in a research note on Thursday, April 17th.

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.