At the time of writing, Driven Brands Holdings Inc [DRVN] stock is trading at $17.89, up 2.93%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DRVN shares have gain 2.76% over the last week, with a monthly amount glided 9.42%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Driven Brands Holdings Inc [NASDAQ: DRVN] stock has seen the most recent analyst activity on July 22, 2024, when BMO Capital Markets initiated its Market Perform rating and assigned the stock a price target of $14. Previously, JP Morgan downgraded its rating to Neutral on May 03, 2024, and dropped its price target to $12.50. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $14 on January 16, 2024. William Blair downgraded its rating to a Mkt Perform. Canaccord Genuity started tracking with a Buy rating for this stock on March 30, 2023, and assigned it a price target of $41. In a note dated February 08, 2023, Barclays initiated an Overweight rating and provided a target price of $35 on this stock.
For the past year, the stock price of Driven Brands Holdings Inc fluctuated between $10.59 and $18.01. Currently, Wall Street analysts expect the stock to reach $21.67 within the next 12 months. Driven Brands Holdings Inc [NASDAQ: DRVN] shares were valued at $17.89 at the most recent close of the market. An investor can expect a potential return of 21.13% based on the average DRVN price forecast.
Analyzing the DRVN fundamentals
According to Driven Brands Holdings Inc [NASDAQ:DRVN], the company’s sales were 2.34B for trailing twelve months, which represents an 1.89% jump. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.34 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 6.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.52 points at the first support level, and at 17.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.07, and for the 2nd resistance point, it is at 18.26.
Ratios To Look Out For
It is important to note that Driven Brands Holdings Inc [NASDAQ:DRVN] has a current ratio of 1.52. Also, the Quick Ratio is 1.36, while the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 4.83.
Transactions by insiders
Recent insider trading involved Halligan Catherine Ann, Director, that happened on Mar 03 ’25 when 4242.0 shares were sold. Director, Catherine Halligan completed a deal on Mar 03 ’25 to buy 4242.0 shares.
