Driven Brands Holdings Inc. (NASDAQ:DRVN) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts' consensus is "Hold": 11 analysts cover Driven Brands with a mix of ratings (1 sell, 5 hold, 4 buy, 1 strong buy) and an average 1‑year price target of $19.57.
• Recent research activity is mixed and leans cautious: Piper Sandler cut its target to $11 and William Blair downgraded to hold, while Weiss Ratings reiterated a sell and Freedom Capital offered a strong‑buy.
• Stock and financial snapshot: DRVN opened at $12.72 (12‑month range $9.80–$19.74), has a negative P/E, a high debt‑to‑equity ratio (2.44), low liquidity (current ratio 0.90, quick ratio 0.80), and about 77% institutional ownership.

Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Get Free Report) have received an average rating of "Hold" from the eleven analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $19.5714.

Several research analysts have recently commented on the company. Piper Sandler reduced their target price on Driven Brands from $12.00 to $11.00 and set a "neutral" rating for the company in a research note on Thursday. William Blair downgraded Driven Brands from an "outperform" rating to a "hold" rating in a research note on Wednesday, April 22nd. Weiss Ratings reiterated a "sell (d)" rating on shares of Driven Brands in a research note on Friday, March 27th. The Goldman Sachs Group reiterated a "neutral" rating on shares of Driven Brands in a research note on Wednesday, April 22nd. Finally, Freedom Capital upgraded Driven Brands to a "strong-buy" rating in a research note on Monday, March 23rd.

Driven Brands Stock Performance

Shares of NASDAQ DRVN opened at $12.72 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 2.44. Driven Brands has a 12 month low of $9.80 and a 12 month high of $19.74. The stock has a 50 day moving average of $12.46 and a 200-day moving average of $14.24. The company has a market capitalization of $2.09 billion, a P/E ratio of -10.26 and a beta of 1.01.

Institutional Trading of Driven Brands

Institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its stake in Driven Brands by 82.1% in the 2nd quarter. Osaic Holdings Inc. now owns 2,087 shares of the company's stock valued at $37,000 after purchasing an additional 941 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Driven Brands by 744.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the company's stock valued at $37,000 after purchasing an additional 1,854 shares during the period. Comerica Bank boosted its stake in Driven Brands by 328.8% in the 4th quarter. Comerica Bank now owns 2,933 shares of the company's stock valued at $43,000 after purchasing an additional 2,249 shares during the period. Farther Finance Advisors LLC boosted its stake in Driven Brands by 1,113.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,338 shares of the company's stock valued at $54,000 after purchasing an additional 3,063 shares during the period. Finally, Larson Financial Group LLC boosted its stake in Driven Brands by 1,347.7% in the 4th quarter. Larson Financial Group LLC now owns 3,822 shares of the company's stock valued at $57,000 after purchasing an additional 3,558 shares during the period. 77.08% of the stock is currently owned by institutional investors.

About Driven Brands

Driven Brands Holdings Inc NASDAQ: DRVN is a leading North American provider of automotive aftermarket services, operating through a network of franchised and company-owned locations. The company's platform encompasses a diverse portfolio of car care and maintenance brands, including Meineke Car Care Centers, Maaco Collision Repair & Auto Painting, Take 5 Oil Change, and Carstar Collision Repair. Driven Brands delivers a full range of services from routine maintenance and oil changes to collision repair, paint protection, and vehicle customization.

Headquartered in Charlotte, North Carolina, Driven Brands serves both individual consumers and commercial clients across the United States and Canada.

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