Driven BrandsDRVN
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
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
0.4% less ownership
Funds ownership: 39.45% [Q1] → 39.05% (-0.4%) [Q2]
6% less funds holding
Funds holding: 168 [Q1] → 158 (-10) [Q2]
20% less capital invested
Capital invested by funds: $1.02B [Q1] → $814M (-$206M) [Q2]
25% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 40
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Stifel Chris O'Cull 85% 1-year accuracy 33 / 39 met price target | 33%upside $22 | Buy Maintained | 14 Nov 2024 |
RBC Capital Steven Shemesh 73% 1-year accuracy 30 / 41 met price target | 21%upside $20 | Outperform Maintained | 1 Nov 2024 |
Canaccord Genuity Brian McNamara 58% 1-year accuracy 21 / 36 met price target | 27%upside $21 | Buy Maintained | 1 Nov 2024 |
Canaccord Genuity Brian McNamara 58% 1-year accuracy 21 / 36 met price target | 21%upside $20 | Buy Maintained | 19 Sept 2024 |
Benchmark John Lawrence 59% 1-year accuracy 20 / 34 met price target | 21%upside $20 | Buy Reiterated | 20 Aug 2024 |
Financial journalist opinion
Based on 6 articles about DRVN published over the past 30 days