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S&P 500   4,569.78
DOW   36,204.44
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Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind

Driven Brands Stock Price, News & Analysis (NASDAQ:DRVN)

$13.84
+0.15 (+1.10%)
(As of 12/4/2023 ET)
Compare
Today's Range
$13.66
$14.02
50-Day Range
$10.93
$13.84
52-Week Range
$10.60
$31.47
Volume
1.13 million shs
Average Volume
973,323 shs
Market Capitalization
$2.27 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.90

Driven Brands MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
87.1% Upside
$25.90 Price Target
Short Interest
Healthy
5.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.04
Upright™ Environmental Score
News Sentiment
0.86mentions of Driven Brands in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.54%
From $0.87 to $1.04 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.58 out of 5 stars

Auto/Tires/Trucks Sector

19th out of 82 stocks

Automotive Repair, Services & Parking Industry

1st out of 4 stocks


DRVN stock logo

About Driven Brands Stock (NASDAQ:DRVN)

Driven Brands Holdings Inc., together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. The company offers various services, such as paint, collision, glass, vehicle repair, car wash, oil change, and maintenance services. It also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as training services to repair and maintenance, and paint and collision shops. The company sells its products and services under the CARSTAR, IMO, MAACO, Meineke Car Care Centers, PH Vitres D'Autos, Take 5 Oil Change, Take 5 Car Wash, Auto Glass Now, Fix Auto USA, and 1-800-Radiator & A/C, Spire Supply, and Automotive Training Institute brands. Driven Brands Holdings Inc. was founded in 1972 and is headquartered in Charlotte, North Carolina.

DRVN Stock Price History

DRVN Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Q3 2023 Driven Brands Holdings Inc Earnings Call
Should You Hold Driven Brands Holdings (DRVN)?
The Latest Analyst Ratings for Driven Brands Hldgs
RBC Capital Reaffirms Their Buy Rating on Driven Brands Holdings (DRVN)
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Today
12/04/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Automotive repair, services & parking
Sub-Industry
N/A
Current Symbol
NASDAQ:DRVN
Fax
N/A
Employees
11,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.90
High Stock Price Target
$40.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+86.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$43.19 million
Pretax Margin
-35.30%

Debt

Sales & Book Value

Annual Sales
$2.03 billion
Cash Flow
$2.11 per share
Book Value
$9.88 per share

Miscellaneous

Free Float
159,696,000
Market Cap
$2.28 billion
Optionable
Not Optionable
Beta
1.12
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Key Executives















DRVN Stock Analysis - Frequently Asked Questions

Should I buy or sell Driven Brands stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Driven Brands in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DRVN shares.
View DRVN analyst ratings
or view top-rated stocks.

What is Driven Brands' stock price target for 2024?

11 Wall Street analysts have issued twelve-month target prices for Driven Brands' shares. Their DRVN share price targets range from $17.00 to $40.00. On average, they anticipate the company's share price to reach $25.90 in the next twelve months. This suggests a possible upside of 87.1% from the stock's current price.
View analysts price targets for DRVN
or view top-rated stocks among Wall Street analysts.

How have DRVN shares performed in 2023?

Driven Brands' stock was trading at $27.31 at the beginning of the year. Since then, DRVN stock has decreased by 49.3% and is now trading at $13.84.
View the best growth stocks for 2023 here
.

Are investors shorting Driven Brands?

Driven Brands saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 3,340,000 shares, a decline of 5.4% from the October 31st total of 3,530,000 shares. Based on an average daily trading volume, of 1,410,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 5.5% of the shares of the stock are sold short.
View Driven Brands' Short Interest
.

When is Driven Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our DRVN earnings forecast
.

How were Driven Brands' earnings last quarter?

Driven Brands Holdings Inc. (NASDAQ:DRVN) announced its quarterly earnings results on Wednesday, November, 1st. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.16 by $0.03. The company had revenue of $581.03 million for the quarter, compared to analyst estimates of $571.72 million. Driven Brands had a negative net margin of 30.76% and a positive trailing twelve-month return on equity of 10.33%.

What ETF holds Driven Brands' stock ?

Janus Henderson Small Cap Growth Alpha ETF holds 93,234 shares of DRVN stock, representing 1.60% of its portfolio.

What guidance has Driven Brands issued on next quarter's earnings?

Driven Brands updated its FY23 earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of ~$0.92 for the period, compared to the consensus EPS estimate of $0.92. The company issued revenue guidance of ~$2.30 billion, compared to the consensus revenue estimate of $2.32 billion.

When did Driven Brands IPO?

(DRVN) raised $703 million in an initial public offering (IPO) on Friday, January 15th 2021. The company issued 38,000,000 shares at $17.00-$20.00 per share. Morgan Stanley, BofA Securities, Goldman Sachs, J.P. Morgan and Barclays acted as the underwriters for the IPO and Credit Suisse, Baird, Piper Sandler and William Blair were co-managers.

Who are Driven Brands' major shareholders?

Driven Brands' stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (2.98%), TimesSquare Capital Management LLC (1.25%), Cooper Creek Partners Management LLC (1.06%), Bamco Inc. NY (1.04%), Summit Creek Advisors LLC (0.46%) and Algert Global LLC (0.41%). Insiders that own company stock include Daniel R Rivera, Driven Equity Llc, Gabriel C Mendoza, Gary W Ferrera, Jonathan G Fitzpatrick, Kyle L Marshall, Michael G Macaluso, Neal K Aronson and Rc Iv Cayman Icw Holdings Llc.
View institutional ownership trends
.

How do I buy shares of Driven Brands?

Shares of DRVN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:DRVN) was last updated on 12/5/2023 by MarketBeat.com Staff

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