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.
How to buy shares in Driven Brands
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- Research the stock. Find the stock by name or ticker symbol – DRVN – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Driven Brands stock price (NASDAQ: DRVN)Use our graph to track the performance of DRVN stocks over time.
Driven Brands shares at a glance
|Latest market close||$29.76|
|52-week range||$22.26 - $35.56|
|50-day moving average||$29.59|
|200-day moving average||$28.41|
|Wall St. target price||$38.38|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.08|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
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.
Driven Brands price performance over time
|1 week (2021-09-15)||-0.43%|
|1 month (2021-08-20)||5.76%|
|3 months (2021-06-22)||0.13%|
|6 months (2021-03-22)||23.74%|
|1 year (2020-09-18)||N/A|
|2 years (2019-09-18)||N/A|
|3 years (2018-09-18)||N/A|
|5 years (2016-09-18)||N/A|
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 P/E ratio
Driven Brands's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 359x. In other words, Driven Brands shares trade at around 359x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Driven Brands's P/E ratio is best considered in relation to those of others within the auto & truck dealerships industry or those of similar companies.
Driven Brands's EBITDA
Driven Brands's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $288.7 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.
Driven Brands financials
|Revenue TTM||$1.3 billion|
|Operating margin TTM||15.29%|
|Gross profit TTM||$401.9 million|
|Return on assets TTM||2.91%|
|Return on equity TTM||-2.13%|
|Market capitalisation||$5 billion|
TTM: trailing 12 months
Shorting Driven Brands shares
There are currently 1.1 million Driven Brands shares held short by investors – that's known as Driven Brands's "short interest". This figure is 32.3% down from 1.6 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 1.1 million). Driven Brands's SIR currently stands at 0.97. In other words for every 100,000 Driven Brands shares traded daily on the market, roughly 970 shares are currently held short.
To gain some more context, you can compare Driven Brands's short interest ratio against those of similar companies.
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 0.01% of the outstanding shares (for every 100,000 Driven Brands shares in existence, roughly 10 shares are currently held short) or 0.0086% of the tradable shares (for every 100,000 tradable Driven Brands shares, roughly 9 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) (1.62% forward annual dividend yield)
Driven Brands overview
Driven Brands Holdings Inc. provides automotive services to retail and commercial customers in North America and internationally. The company offers various services, such as paint, collision, glass, vehicle repair, oil change, maintenance, and car wash services. It also distributes a range of automotive aftermarket parts to parts stores, repair facilities, and service stations, as well as provides consulting services to independently owned or branded auto and collision repair shops. As of March 27, 2021, the company operated 4,249 company-operated, franchised, and independently-operated stores. Driven Brands Holdings Inc. was founded in 1972 and is based in Charlotte, North Carolina.
Stocks similar to Driven Brands
Driven Brands in the news
Analysts Forecast 13% Upside For The Holdings of IWR
A Closer Look At Driven Brands Holdings Inc.'s (NASDAQ:DRVN) Uninspiring ROE
Director Of Driven Brands Holdings Sold $26.00 Million In Stock
Frequently asked questionsWhat percentage of Driven Brands is owned by insiders or institutions?
Currently 2.658% of Driven Brands shares are held by insiders and 96.316% 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 What is Driven Brands's ISIN number?
Driven Brands's international securities identification number is: US26210V1026
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