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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
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Instantly Find Hidden Trade Opportunities (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Why Your IRA Could Crash on June 16th (Ad)
Can the Dow's 2023 Runaway Winners Keep Running?
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Why Your IRA Could Crash on June 16th (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Alibaba Unveils Its Spin-Off Plans
Instantly Find Hidden Trade Opportunities (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Why Your IRA Could Crash on June 16th (Ad)
Can the Dow's 2023 Runaway Winners Keep Running?
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Why Your IRA Could Crash on June 16th (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Alibaba Unveils Its Spin-Off Plans
Instantly Find Hidden Trade Opportunities (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Why Your IRA Could Crash on June 16th (Ad)
Can the Dow's 2023 Runaway Winners Keep Running?
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Why Your IRA Could Crash on June 16th (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
NASDAQ:DRVN

Driven Brands (DRVN) Stock Forecast, Price & News

$24.83
+0.92 (+3.85%)
(As of 05/31/2023 ET)
Compare
Today's Range
$24.43
$25.63
50-Day Range
$23.77
$31.22
52-Week Range
$23.35
$35.45
Volume
1.51 million shs
Average Volume
539,262 shs
Market Capitalization
$4.16 billion
P/E Ratio
112.87
Dividend Yield
N/A
Price Target
$37.56

Driven Brands MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
51.3% Upside
$37.56 Price Target
Short Interest
Healthy
4.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.02
Upright™ Environmental Score
News Sentiment
0.97mentions of Driven Brands in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$1.09 M Bought Last Quarter
Proj. Earnings Growth
18.58%
From $1.13 to $1.34 Per Share

Overall MarketRank

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

2.51 out of 5 stars

Auto/Tires/Trucks Sector

21st out of 100 stocks

Automotive Repair, Services & Parking Industry

1st out of 5 stocks


DRVN stock logo

About Driven Brands (NASDAQ:DRVN) Stock

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 provides training services to repair and maintenance, and paint and collision shops. The company sells its products and services under the Take 5 Oil Change, IMO, CARSTAR, ABRA, Fix Auto, Maaco, Meineke, Uniban, 1-800-Radiator & A/C, PH Vitres D'Autos, Spire Supply, and Automotive Training Institute names. As of December 25, 2021, it operated 4,412 company-operated, franchised, and independently-operated stores. Driven Brands Holdings Inc. was founded in 1972 and is headquartered in Charlotte, North Carolina.

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DRVN Stock News Headlines

“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
Driven Brands (NASDAQ:DRVN) Hits New 1-Year Low at $25.19
Driven Brands (NASDAQ:DRVN) Releases FY23 Earnings Guidance
Driven Brands Reschedules Investor Day
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
Contrasting Driven Brands (NASDAQ:DRVN) & EVgo (NYSE:EVGO)
Driven Brands Announces Executive Transition
What 8 Analyst Ratings Have To Say About Driven Brands Hldgs
Q1 2023 Driven Brands Holdings Inc Earnings Call
See More Headlines
Receive DRVN Stock News and Ratings via Email

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DRVN Company Calendar

Last Earnings
10/26/2021
Today
6/01/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

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 Forecast
$37.56
High Stock Price Forecast
$41.00
Low Stock Price Forecast
$31.00
Forecasted Upside/Downside
+51.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$43.19 million
Pretax Margin
2.90%

Debt

Sales & Book Value

Annual Sales
$2.03 billion
Cash Flow
$2.17 per share
Book Value
$10.14 per share

Miscellaneous

Free Float
163,203,000
Market Cap
$4.16 billion
Optionable
Not Optionable
Beta
0.81

Key Executives

  • Mr. Jonathan G. Fitzpatrick (Age 52)
    Pres, CEO & Director
    Comp: $1.6M
  • Ms. Tiffany L. Mason (Age 48)
    CFO & Exec. VP
    Comp: $890.58k
  • Mr. Scott L. O'Melia (Age 53)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $729.9k
  • Mr. Daniel R. RiveraMr. Daniel R. Rivera (Age 43)
    Exec. VP & Group Pres of Maintenance
    Comp: $886.79k
  • Mr. Michael G. Macaluso (Age 40)
    Exec. VP and Group Pres of Paint, Collision & Glass
    Comp: $642.24k
  • Mr. Michael Beland (Age 52)
    Sr. VP & Chief Accounting Officer
  • Ms. Kristine Moser
    VP of Investor Relations and Communications
  • Mr. Gabriel C. MendozaMr. Gabriel C. Mendoza (Age 56)
    Exec. VP & Pres of Car Wash North America
  • Ms. Tracy Ann Gehlan (Age 55)
    Pres of Car Wash International
  • Mr. Kyle L. MarshallMr. Kyle L. Marshall (Age 44)
    Exec. VP & Pres of Platform Services













DRVN Stock - Frequently Asked Questions

Should I buy or sell Driven Brands stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Driven Brands in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DRVN shares.
View DRVN analyst ratings
or view top-rated stocks.

What is Driven Brands' stock price forecast for 2023?

9 equities research analysts have issued 1-year price objectives for Driven Brands' stock. Their DRVN share price forecasts range from $31.00 to $41.00. On average, they predict the company's stock price to reach $37.56 in the next year. This suggests a possible upside of 51.3% 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 start of the year. Since then, DRVN stock has decreased by 9.1% and is now trading at $24.83.
View the best growth stocks for 2023 here
.

Are investors shorting Driven Brands?

Driven Brands saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,920,000 shares, a decline of 11.5% from the April 30th total of 3,300,000 shares. Based on an average daily trading volume, of 514,700 shares, the short-interest ratio is presently 5.7 days. Approximately 4.7% of the company's stock are short sold.
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, July 26th 2023.
View our DRVN earnings forecast
.

How were Driven Brands' earnings last quarter?

Driven Brands Holdings Inc. (NASDAQ:DRVN) issued its earnings results on Tuesday, October, 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.04. The company earned $371.15 million during the quarter, compared to analysts' expectations of $358.48 million. Driven Brands had a net margin of 1.81% and a trailing twelve-month return on equity of 11.33%. Driven Brands's quarterly revenue was up 38.6% on a year-over-year basis.

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

Driven Brands issued an update on its FY23 earnings guidance on Thursday, May, 18th. The company provided earnings per share guidance of $1.21 for the period, compared to the consensus earnings per share estimate of $1.23. The company issued revenue guidance of $2.35 billion, compared to the consensus revenue estimate of $2.37 billion.

When did Driven Brands IPO?

(DRVN) raised $703 million in an IPO on Friday, January 15th 2021. The company issued 38,000,000 shares at a price of $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.

What is Driven Brands' stock symbol?

Driven Brands trades on the NASDAQ under the ticker symbol "DRVN."

Who are Driven Brands' major shareholders?

Driven Brands' stock is owned by a variety of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (2.61%), FMR LLC (1.47%), BlackRock Inc. (1.36%), Bain Capital Public Equity Management II LLC (1.31%), American Century Companies Inc. (1.11%) and TimesSquare Capital Management LLC (1.10%). 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.

What is Driven Brands' stock price today?

One share of DRVN stock can currently be purchased for approximately $24.83.

How much money does Driven Brands make?

Driven Brands (NASDAQ:DRVN) has a market capitalization of $4.16 billion and generates $2.03 billion in revenue each year. The company earns $43.19 million in net income (profit) each year or $0.22 on an earnings per share basis.

How many employees does Driven Brands have?

The company employs 11,000 workers across the globe.

How can I contact Driven Brands?

Driven Brands' mailing address is 440 South Church Street Suite 700, Charlotte NC, 28202. The official website for the company is www.drivenbrands.com. The company can be reached via phone at 704-377-8855 or via email at rachel.webb@drivenbrands.com.

This page (NASDAQ:DRVN) was last updated on 6/1/2023 by MarketBeat.com Staff

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