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

Driven Brands (NASDAQ:DRVN) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.150-1.250 for the period, compared to the consensus earnings per share 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 Ratings Changes

A number of equities research analysts have recently commented on DRVN shares. Piper Sandler raised their price target on Driven Brands from $19.00 to $22.00 and gave the stock an “overweight” rating in a research report on Wednesday. JPMorgan Chase & Co. boosted their price target on Driven Brands from $14.50 to $17.00 and gave the company a “neutral” rating in a research note on Wednesday. Canaccord Genuity Group upped their price objective on Driven Brands from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Stifel Nicolaus lifted their target price on Driven Brands from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, Royal Bank of Canada raised their price objective on Driven Brands from $17.00 to $20.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $19.40.

Driven Brands Stock Up 4.7 %

NASDAQ:DRVN traded up $0.74 during trading hours on Wednesday, reaching $16.38. The company had a trading volume of 420,480 shares, compared to its average volume of 510,331. Driven Brands has a twelve month low of $10.59 and a twelve month high of $17.45. The company has a quick ratio of 1.72, a current ratio of 1.90 and a debt-to-equity ratio of 2.84. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 408.63, a P/E/G ratio of 0.79 and a beta of 1.15. The business’s 50-day simple moving average is $15.99 and its two-hundred day simple moving average is $15.38.

Driven Brands (NASDAQ:DRVN) last issued its earnings results on Tuesday, February 25th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.13. The business had revenue of $564.12 million during the quarter, compared to analyst estimates of $572.95 million. Driven Brands had a return on equity of 14.86% and a net margin of 0.27%. The firm’s revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 EPS. On average, equities analysts expect that Driven Brands will post 0.85 earnings per share for the current year.

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.