How to buy Driven Brands stock

Driven Brands, the Charlotte, North Carolina-based holding company that owns automotive repair chains like MAACO and Meineke, wrapped up its initial public offering January 15, raising $699.6 million. Shares of DRVN are now trading on the Nasdaq.

Driven Brands share price

Use our graph to track the performance of DRVN stocks over time.

Driven Brands shares at a glance

• Key figures

Information last updated 2021-04-29.

52-week range	$22.26 - $35.56
50-day moving average	$25.47
200-day moving average	$27.72
Wall St. target price	$35.00
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	N/A

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Is it a good time to buy Driven Brands stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Driven Brands Holdings Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Driven Brands under- or over-valued?

Valuing Driven Brands stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Driven Brands's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Driven Brands's EBITDA

Driven Brands's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $230.5 million.

The EBITDA is a measure of a Driven Brands's overall financial performance and is widely used to measure a its profitability.

To put Driven Brands's EBITDA into context you can compare it against that of similar companies.

• Monro (MNRO.US): USD$136.5 million
• OReilly Automotive (ORLY.US): USD$2.7 billion

Driven Brands financials

Revenue TTM	$1.1 billion
Operating margin TTM	14.46%
Gross profit TTM	$401.9 million
Return on assets TTM	2.91%
Return on equity TTM	-2.13%
Profit margin	-1.93%
Book value	N/A
Market capitalisation	$4.9 billion

TTM: trailing 12 months

Shorting Driven Brands shares

There are currently 2.7 million Driven Brands shares held short by investors – that's known as Driven Brands's "short interest". This figure is 13.2% down from 3.1 million last month.

There are a few different ways that this level of interest in shorting Driven Brands shares can be evaluated.

Driven Brands's "short interest ratio" (SIR)

Driven Brands's "short interest ratio" (SIR) is the quantity of Driven Brands shares currently shorted divided by the average quantity of Driven Brands shares traded daily (recently around 802532.43243243). Driven Brands's SIR currently stands at 3.33. In other words for every 100,000 Driven Brands shares traded daily on the market, roughly 3330 shares are currently held short.

To gain some more context, you can compare Driven Brands's short interest ratio against those of similar companies.

• Monro (MNRO.US): 9.02
• OReilly Automotive (ORLY.US): 1.84

However Driven Brands's short interest can also be evaluated against the total number of Driven Brands shares, or, against the total number of tradable Driven Brands shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Driven Brands's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Driven Brands shares in existence, roughly 20 shares are currently held short) or 0.0642% of the tradable shares (for every 100,000 tradable Driven Brands shares, roughly 64 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Driven Brands.

Find out more about how you can short Driven Brands stock.

Driven Brands share dividends

We're not expecting Driven Brands to pay a dividend over the next 12 months.

You may also wish to consider:

• Monro (MNRO.US) (1.31% forward annual dividend yield)

Driven Brands overview

Driven Brands Holdings Inc. provides automotive services to retail and commercial customers in North America and internationally. It operates through Maintenance; Car Wash, Paint, Collision & Glass; and Platform Services segments. The company offers various services, such as paint, collision, refinishing, glass, vehicle repair, oil change, maintenance, and car wash services. It also distributes a range of automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets, as well as offers automotive training services. As of December 26, 2020, it operated 4,227 company-operated, franchised, and independently-operated stores under the Take 5 Oil Change, Meineke Car Care Centers, MAACO, CARSTAR, 1-800-Radiator & A/C, ABRA, Fix Auto, and Uniban brand names. Driven Brands Holdings Inc.

Frequently asked questions

• What percentage of Driven Brands is owned by insiders or institutions?

  Currently 2.422% of Driven Brands shares are held by insiders and 83.161% by institutions.

• How many people work for Driven Brands?

  Latest data suggests 6,900 work at Driven Brands.

• When does the fiscal year end for Driven Brands?

  Driven Brands's fiscal year ends in December.

• Where is Driven Brands based?

  Driven Brands's address is: 440 South Church Street, Charlotte, NC, United States, 28202