Driven Brands (NASDAQ:DRVN) Issues FY 2025 Earnings Guidance

Driven Brands (NASDAQ:DRVN) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.150-1.250 for the period, compared to the consensus estimate of 1.240. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.5 billion.

Analyst Upgrades and Downgrades

DRVN has been the subject of several recent research reports. Royal Bank of Canada upped their price target on shares of Driven Brands from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Canaccord Genuity Group raised their price target on shares of Driven Brands from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Stifel Nicolaus boosted their price objective on Driven Brands from $20.00 to $22.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $18.25.

Driven Brands Price Performance

DRVN traded up $0.03 during trading on Tuesday, reaching $15.35. The stock had a trading volume of 523,230 shares, compared to its average volume of 493,264. Driven Brands has a 1-year low of $10.59 and a 1-year high of $17.45. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 383.00, a price-to-earnings-growth ratio of 0.79 and a beta of 1.15. The stock has a 50 day moving average of $16.02 and a two-hundred day moving average of $15.36. The company has a quick ratio of 1.72, a current ratio of 1.90 and a debt-to-equity ratio of 2.84.

Driven Brands Company Profile

Driven Brands Holdings Inc, together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. It offers various services, such as paint, collision, glass, repair, car wash, oil change, and maintenance services. The company also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as training services to repair and maintenance, and paint and collision shops.