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Driven Brands Holdings (DRVN)
NASDAQ:DRVN
Driven Brands Holdings (DRVN) Stock Price & Analysis
179 Followers
DRVN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.61 - $31.47
Previous Close$14.11
Volume1.07M
Average Volume (3M)1.05M
Market Cap
$2.31B
Enterprise Value$6.41B
Total Cash (Recent Filing)$176.52M
Total Debt (Recent Filing)$4.28B
Price to Earnings (P/E)-3.1
Beta1.27
Next Earnings
Apr 24, 2024EPS Estimate
$0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.51
Shares Outstanding163,971,601
10 Day Avg. Volume796,118
30 Day Avg. Volume1,050,240
Standard Deviation0.12
R-Squared0.26
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-1.85
Price to Sales (P/S)4.18
Price to Cash Flow (P/CF)25.80
P/FCF Ratio8.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.37
Enterprise Value/Gross Profit2.78
Enterprise Value/Ebitda19.81
Forecast
1Y Price Target
$18.73Price Target Upside32.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Driven Brands Holdings News
Bulls Say, Bears Say
Bulls Say
Financial TargetsManagement continues to target $850mn of adj. EBITDA in FY26, implying a ~24% CAGR from the midpoint of FY24 guidance.
Growth StrategyDRVN has white space opportunity for continued growth and is expected to take market share in a fragmented market, justifying a premium valuation multiple.
Market PositioningCompleted integration in Glass now positions DRVN as the second largest in the market, with more opportunities for partnerships with regional insurance companies.
Bears Say
Financial PerformanceFree cash flow during 4Q was negative, and net leverage increased compared to the previous quarter.
Guidance And Analyst ExpectationsShares of DRVN traded lower as FY24 adj. EBITDA guidance came in ~4% below consensus at the midpoint.
Operational Challenges29 U.S. Car Wash locations would permanently close due to various operational challenges.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
DRVN FAQ
What was Driven Brands Holdings’s price range in the past 12 months?
Driven Brands Holdings lowest stock price was $10.61 and its highest was $31.47 in the past 12 months.
What is Driven Brands Holdings’s market cap?
Currently, no data Available
When is Driven Brands Holdings’s upcoming earnings report date?
Driven Brands Holdings’s upcoming earnings report date is Apr 24, 2024 which is yesterday.
How were Driven Brands Holdings’s earnings last quarter?
Driven Brands Holdings released its earnings results on Feb 22, 2024. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.187 by $0.003.
Is Driven Brands Holdings overvalued?
According to Wall Street analysts Driven Brands Holdings’s price is currently Undervalued.
Does Driven Brands Holdings pay dividends?
Driven Brands Holdings does not currently pay dividends.
What is Driven Brands Holdings’s EPS estimate?
Driven Brands Holdings’s EPS estimate is $0.19.
How many shares outstanding does Driven Brands Holdings have?
Driven Brands Holdings has 163,971,600 shares outstanding.
What happened to Driven Brands Holdings’s price movement after its last earnings report?
Driven Brands Holdings reported an EPS of $0.19 in its last earnings report, beating expectations of $0.187. Following the earnings report the stock price went down -11.126%.
Which hedge fund is a major shareholder of Driven Brands Holdings?
Among the largest hedge funds holding Driven Brands Holdings’s share is HG Vora Capital Management, LLC. It holds Driven Brands Holdings’s shares valued at 50M.
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Driven Brands Holdings Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$18.73 (32.74% Upside)
$18.73 (32.74% Upside)
Blogger Sentiment
Bullish
DRVN Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 3.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.2%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-53.53%
12-Months-Change
Fundamentals
Return on Equity
-57.01%
Trailing 12-Months
Asset Growth
-9.06%
Trailing 12-Months
Company Description
Driven Brands Holdings
Driven Brands Holdings Inc is an automotive services company. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.
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DRVN Company Deck
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DRVN Earnings Call
Q4 2024
0:00 / 0:00
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DRVN Stock 12 Months Forecast
Average Price Target
$18.73
▲(32.74% Upside)
Technical Analysis
Best Analysts Covering DRVN
1 Year
1 Year Success Rate
6/17 ratings generated profit
1 Year Average Return
-9.06%
assigned a buy rating 2 months ago
Copying Peter Benedict's trades and holding each position for 1 Year would result in 35.29% of your transactions generating a profit, with an average return of -9.06% per trade.
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