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Date | Price Target | Rating | Analyst |
---|---|---|---|
7/22/2024 | $14.00 | Market Perform | BMO Capital Markets |
5/3/2024 | $18.00 → $12.50 | Overweight → Neutral | JP Morgan |
2/20/2024 | $19.00 → $18.00 | Overweight | JP Morgan |
1/16/2024 | $22.00 → $14.00 | Overweight → Equal-Weight | Morgan Stanley |
8/2/2023 | Outperform → Mkt Perform | William Blair | |
3/30/2023 | $41.00 | Buy | Canaccord Genuity |
2/8/2023 | $35.00 | Overweight | Barclays |
1/27/2023 | $40.00 | Buy | The Benchmark Company |
4 - Driven Brands Holdings Inc. (0001804745) (Issuer)
4 - Driven Brands Holdings Inc. (0001804745) (Issuer)
3 - Driven Brands Holdings Inc. (0001804745) (Issuer)
8-K - Driven Brands Holdings Inc. (0001804745) (Filer)
S-8 - Driven Brands Holdings Inc. (0001804745) (Filer)
10-Q - Driven Brands Holdings Inc. (0001804745) (Filer)
--15th consecutive quarter of same store sales growth-- --Take 5 Oil Change delivers 15% revenue growth and 5% same store sales growth-- --Net Loss of $15 million and Adjusted EBITDA of $139 million-- --Re-affirms FY24 Revenue, Adj. EBITDA and Adj. EPS outlook excluding disposition-- Driven Brands Holdings Inc. (NASDAQ:DRVN) ("Driven Brands" or the "Company") today reported financial results for the third quarter ending September 28, 2024. For the third quarter, Driven Brands delivered revenue of $592 million, up 2% versus the prior year. System-wide sales were $1.6 billion, up 2% versus the prior year primarily driven by 1.1% same store sales growth and 56 net new units. Net loss was
Driven Brands Holdings Inc. (NASDAQ:DRVN) will release its third quarter 2024 earnings before the market opens on October 31, 2024. Following the release, management will host a conference call at 8:30 a.m. ET to review the company's financial and operating performance. The conference call will be available via live webcast on Driven Brands' Investor Relations webpage at investors.drivenbrands.com. An archived replay of the conference call will be available later the same day until at least February 28, 2025, through the company's Investor Relations webpage. About Driven Brands Driven Brands™, headquartered in Charlotte, NC, is the largest automotive services company in North America, pr
Driven Brands Holdings Inc. (NASDAQ:DRVN) ("Driven Brands" or the "Company"), the largest automotive services company in North America, today announced the sale of its Canadian distribution business, primarily operated under the PH Vitres d'Auto brand ("PH"), to PGW Auto Glass, a leading North American glass distributor, effective August 31, 2024. Terms of the transaction are not being disclosed. The Canadian distribution business was reported in the Company's Platform Services segment. Net proceeds from the transaction generally will be used to pay down debt. The sale is expected to have minimal impact on the Company's fiscal year 2024 outlook. The Company will provide further details on
BMO Capital Markets initiated coverage of Driven Brands with a rating of Market Perform and set a new price target of $14.00
JP Morgan downgraded Driven Brands from Overweight to Neutral and set a new price target of $12.50 from $18.00 previously
JP Morgan resumed coverage of Driven Brands with a rating of Overweight and set a new price target of $18.00 from $19.00 previously
Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on Driven Brands Hldgs (NASDAQ:DRVN) in the last three months. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 2 2 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $15.58, along with a high estimate of $22.00 and a low estimate of $12.50. This curre
BMO Capital analyst Tristan Thomas-Martin initiates coverage on Driven Brands Hldgs (NASDAQ:DRVN) with a Market Perform rating and announces Price Target of $14.
Barclays analyst Seth Sigman maintains Driven Brands Hldgs (NASDAQ:DRVN) with a Overweight and lowers the price target from $25 to $22.
--15th consecutive quarter of same store sales growth-- --Take 5 Oil Change delivers 15% revenue growth and 5% same store sales growth-- --Net Loss of $15 million and Adjusted EBITDA of $139 million-- --Re-affirms FY24 Revenue, Adj. EBITDA and Adj. EPS outlook excluding disposition-- Driven Brands Holdings Inc. (NASDAQ:DRVN) ("Driven Brands" or the "Company") today reported financial results for the third quarter ending September 28, 2024. For the third quarter, Driven Brands delivered revenue of $592 million, up 2% versus the prior year. System-wide sales were $1.6 billion, up 2% versus the prior year primarily driven by 1.1% same store sales growth and 56 net new units. Net loss was
Driven Brands Holdings Inc. (NASDAQ:DRVN) will release its third quarter 2024 earnings before the market opens on October 31, 2024. Following the release, management will host a conference call at 8:30 a.m. ET to review the company's financial and operating performance. The conference call will be available via live webcast on Driven Brands' Investor Relations webpage at investors.drivenbrands.com. An archived replay of the conference call will be available later the same day until at least February 28, 2025, through the company's Investor Relations webpage. About Driven Brands Driven Brands™, headquartered in Charlotte, NC, is the largest automotive services company in North America, pr
Driven Brands Holdings Inc. (NASDAQ:DRVN) ("Driven Brands" or the "Company"), the largest automotive services company in North America, today announced the sale of its Canadian distribution business, primarily operated under the PH Vitres d'Auto brand ("PH"), to PGW Auto Glass, a leading North American glass distributor, effective August 31, 2024. Terms of the transaction are not being disclosed. The Canadian distribution business was reported in the Company's Platform Services segment. Net proceeds from the transaction generally will be used to pay down debt. The sale is expected to have minimal impact on the Company's fiscal year 2024 outlook. The Company will provide further details on
SC 13G/A - Driven Brands Holdings Inc. (0001804745) (Subject)
SC 13G/A - Driven Brands Holdings Inc. (0001804745) (Subject)
SC 13G - Driven Brands Holdings Inc. (0001804745) (Subject)
Company adds new independent director CHARLOTTE, N.C., Dec. 19, 2023 /PRNewswire/ -- Driven Brands Holdings (NASDAQ:DRVN), today announced the election of Damien Harmon to its Board of Directors, effective January 1, 2024. Harmon will also serve as a member of the Compensation Committee. "We're thrilled to have Damien join our Board," said Jonathan Fitzpatrick, CEO and President of Driven Brands. "His deep experience in competitive and evolving retail environments and intense focus on delivering exceptional customer experiences will be invaluable as we continue to execute our
Charge Enterprises, Inc. (NASDAQ:CRGE) ("Charge" or the "Company"), announced today its Board of Directors has appointed Jacky Wu as an independent director, effective June 16, 2023. Mr. Wu's appointment expands the Board to ten members, six of whom are independent directors. Mr. Wu is currently the Executive Vice President and Chief Financial Officer of DigitalBridge Group, Inc., a global digital infrastructure investment firm (NYSE:DBRG). Prior to joining DigitalBridge, Mr. Wu was Executive Vice President and Chief Financial Officer of Driven Brands, Inc. (NASDAQ:DRVN), North America's largest automotive aftermarket platform. Prior to Driven Brands, Mr. Wu was Executive Vice President and
CHARLOTTE, N.C., Jan. 26, 2023 /PRNewswire/ -- Driven Brands Holdings Inc. (NASDAQ:DRVN) ("Driven Brands" or the "Company"), the largest automotive services company in North America, today announced the appointment of Danny Rivera to the newly-created role of Chief Operating Officer effective February 20, 2023, reporting to Chief Executive Officer Jonathan Fitzpatrick. Driven Brands is also pleased to welcome back Mo Khalid, who will succeed Rivera in the role of Executive Vice President & Group President, Maintenance, leading both Take 5 Quick Lube and Meineke. "Danny has be