Deep Dive Into Driven Brands Hldgs Stock: Analyst Perspectives (5 Ratings)

During the last three months, 5 analysts shared their evaluations of Driven Brands Hldgs DRVN, revealing diverse outlooks from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 3 1 0 0
Last 30D 0 2 0 0 0
1M Ago 1 1 0 0 0
2M Ago 0 0 1 0 0
3M Ago 0 0 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $17.4, a high estimate of $20.00, and a low estimate of $14.00. A decline of 17.14% from the prior average price target is evident in the current average.

price target chart

Decoding Analyst Ratings: A Detailed Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive Driven Brands Hldgs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Steven Shemesh RBC Capital Lowers Outperform $17.00 $20.00
Peter Keith Piper Sandler Lowers Overweight $18.00 $22.00
Brian McNamara Canaccord Genuity Lowers Buy $20.00 $22.00
Christopher Horvers JP Morgan Lowers Overweight $18.00 $19.00
Simeon Gutman Morgan Stanley Lowers Equal-Weight $14.00 $22.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Driven Brands Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Driven Brands Hldgs compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Driven Brands Hldgs's stock. This examination reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Driven Brands Hldgs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Driven Brands Hldgs analyst ratings.

All You Need to Know About Driven Brands Hldgs

Driven Brands Holdings Inc is an automotive services company. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.

Driven Brands Hldgs: Delving into Financials

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Driven Brands Hldgs's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -4.71%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Driven Brands Hldgs's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -2.37%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Driven Brands Hldgs's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -1.47%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Driven Brands Hldgs's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.22%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 4.72, caution is advised due to increased financial risk.

What Are Analyst Ratings?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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