Driven Brands
DRVN

$13.88

2.39%

Market Cap: $2.28B

About: Driven Brands Holdings Inc is an automotive services company in North America. Its platform provides high-quality services to an extensive range of retail and commercial customers. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, and repair services, as well as a variety of high-frequency services, such as oil changes and car washes.

Employees: 10,600

Consumer Discretionary Automotive Repair, Services & Parking

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

140% more call options, than puts

Call options by funds: $1.18M | Put options by funds: $492K

100% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 4 (+2) [Q2]

32% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 50

0.41% more ownership

Funds ownership: 37.97% [Q1] → 38.38% (+0.41%) [Q2]

6% less funds holding

Funds holding: 168 [Q1] → 158 (-10) [Q2]

19% less capital invested

Capital invested by funds: $982M [Q1] → $800M (-$182M) [Q2]

25% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 40

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$14

1%

upside

Avg. target

$16.83

21%

upside

High target

$20

44%

upside

6 analyst ratings

4 positive

67%

2 neutral

33%

0 negative

0%

Benchmark John Lawrence 60% 1-year accuracy 21 / 35 met price target	44%upside $20	Buy Reiterated	20 Aug 2024
RBC Capital Steven Shemesh 61% 1-year accuracy 27 / 44 met price target	15%upside $16	Outperform Maintained	2 Aug 2024
Baird Peter Benedict 73% 1-year accuracy 11 / 15 met price target	30%upside $18	Outperform Maintained	2 Aug 2024
Piper Sandler Peter Keith 57% 1-year accuracy 26 / 46 met price target	22%upside $17	Overweight Reiterated	2 Aug 2024
Goldman Sachs Kate McShane 66% 1-year accuracy 31 / 47 met price target	15%upside $16	Neutral Maintained	2 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about DRVN published over the past 30 days

Driven Brands Announces the Sale of its Canadian Distribution Business

CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) ("Driven Brands" or the "Company"), the largest automotive services company in North America, today announced the sale of its Canadian distribution business, primarily operated under the PH Vitres d'Auto brand (“PH”), to PGW Auto Glass, a leading North American glass distributor, effective August 31, 2024. Terms of the transaction are not being disclosed. The Canadian distribution business was reported in the Company's.

Driven Brands Announces the Sale of its Canadian Distribution Business

Driven Brands to Participate in the Goldman Sachs Global Retailing Conference

CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced that it will participate in the 31st Annual Goldman Sachs Global Retailing Conference in New York. The Company's fireside chat is scheduled to begin at 1:50 p.m. ET on Thursday, September 5, 2024. The fireside chat will be webcast live from the Company's Investor Relations website at investors.drivenbrands.com on the Events & Presentations page. It will also be ava.

Driven Brands to Participate in the Goldman Sachs Global Retailing Conference

The Motley Fool

2 Under-the-Radar Stocks That Bargain-Hunting Investors Need to Know About

There are some great investment opportunities if you're willing to look beyond the household names.

2 Under-the-Radar Stocks That Bargain-Hunting Investors Need to Know About

Zacks Investment Research

DRVN vs. GNTX: Which Stock Is the Better Value Option?

Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Driven Brands Holdings Inc. (DRVN) or Gentex (GNTX). But which of these two stocks presents investors with the better value opportunity right now?

DRVN vs. GNTX: Which Stock Is the Better Value Option?

Zacks Investment Research

Wall Street Analysts Think Driven Brands Holdings (DRVN) Could Surge 29.6%: Read This Before Placing a Bet

The consensus price target hints at a 29.6% upside potential for Driven Brands Holdings (DRVN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Driven Brands Holdings (DRVN) Could Surge 29.6%: Read This Before Placing a Bet

Zacks Investment Research

New Strong Buy Stocks for August 8th

MTH, ULS, KRYS, RCL and DRVN have been added to the Zacks Rank #1 (Strong Buy) List on August 8, 2024.

New Strong Buy Stocks for August 8th

Driven Brands Holdings Inc. (DRVN) Q2 2024 Earnings Call Transcript

Driven Brands Holdings Inc. (NASDAQ:DRVN ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Jonathan Fitzpatrick - President and CEO Danny Rivera - EVP and COO Joel Arnao - SVP & Interim CFO Chris Thompson - Senior Director, Treasury, and IR Conference Call Participants Simeon Gutman - Morgan Stanley Justin Kleber - Robert W. Baird Robby Ohmes - Bank of America Seth Sigman - Barclays Madison Callinan - Canaccord Genuity Christian Carlino - J.P.

Driven Brands Holdings Inc. (DRVN) Q2 2024 Earnings Call Transcript

Driven Brands Holdings: Pricing Strategy Is Working Out Well

I stay with my buy rating for DRVN. DRVN's pricing strategy is effective and should lead to better performance in the coming quarters. The hiring of a new CFO removes any lingering uncertainty in the business and stock in my view.

Driven Brands Holdings: Pricing Strategy Is Working Out Well

Zacks Investment Research

Driven Brands Holdings (DRVN) Reports Q2 Earnings: What Key Metrics Have to Say

The headline numbers for Driven Brands Holdings (DRVN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Driven Brands Holdings (DRVN) Reports Q2 Earnings: What Key Metrics Have to Say

Zacks Investment Research

Driven Brands Holdings Inc. (DRVN) Beats Q2 Earnings Estimates

Driven Brands Holdings Inc. (DRVN) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.29 per share a year ago.

Driven Brands Holdings Inc. (DRVN) Beats Q2 Earnings Estimates

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