Halfords Group (LON:HFD) Issues Quarterly Earnings Results

Halfords Group (LON:HFDGet Free Report) issued its quarterly earnings data on Friday. The company reported GBX 15.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Halfords Group had a negative net margin of 1.94% and a negative return on equity of 6.79%. The business had revenue of GBX 180.17 billion for the quarter.

Halfords Group Price Performance

HFD opened at GBX 212.50 on Friday. The stock has a fifty day simple moving average of GBX 164.50 and a two-hundred day simple moving average of GBX 149.60. The company has a current ratio of 0.84, a quick ratio of 0.41 and a debt-to-equity ratio of 50.72. The company has a market cap of £462.99 million, a price-to-earnings ratio of -13.80, a price-to-earnings-growth ratio of 2.80 and a beta of 1.22. Halfords Group has a 12-month low of GBX 123.80 and a 12-month high of GBX 220.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HFD. Canaccord Genuity Group raised shares of Halfords Group to a “buy” rating and lifted their target price for the company from GBX 156 to GBX 170 in a research note 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 equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 185.

View Our Latest Research Report on Halfords Group

Halfords Group Company Profile

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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.

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