DRVN stock icon

Driven Brands
DRVN

$11.73
3.46%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

237% more call options, than puts

Call options by funds: $3.14M | Put options by funds: $931K

42% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 52

15% more capital invested

Capital invested by funds: $821M [Q4 2023] → $944M (+$123M) [Q1 2024]

1.39% more ownership

Funds ownership: 35.1% [Q4 2023] → 36.48% (+1.39%) [Q1 2024]

9% less funds holding

Funds holding: 183 [Q4 2023] → 167 (-16) [Q1 2024]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]

36% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 45

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$12.50
7%
upside
Avg. target
$17.05
45%
upside
High target
$22
88%
upside

11 analyst ratings

positive
73%
neutral
27%
negative
0%
Barclays
Seth Sigman
88%upside
$22
Overweight
Maintained
6 May 2024
Canaccord Genuity
Brian McNamara
45%upside
$17
Buy
Maintained
3 May 2024
Goldman Sachs
Kate McShane
19%upside
$14
Neutral
Maintained
3 May 2024
JP Morgan
Christian Carlino
7%upside
$12.5
Neutral
Downgraded
3 May 2024
Piper Sandler
Peter Keith
19%upside
$14
Overweight
Maintained
3 May 2024

Financial journalist opinion

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