Page 2 - Driven Brands News Today

SunCar Technology Group (NASDAQ:SDA – Get Free Report) and Driven Brands (NASDAQ:DRVN – Get Free Report) are both small-cap business services companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, dividends, risk, analyst recommendations, valuation and institutional ownership. Profitability This table compares SunCar […]

JPMorgan Chase & Co. lowered shares of Driven Brands (NASDAQ:DRVN – Free Report) from an overweight rating to a neutral rating in a research report report published on Friday morning, Marketbeat.com reports. The firm currently has $12.50 price objective on the stock, down from their previous price objective of $18.00. A number of other analysts […]

Driven Brands (NASDAQ:DRVN – Get Free Report) had its price objective decreased by research analysts at Barclays from $25.00 to $22.00 in a report released on Monday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price objective indicates a potential upside of 84.56% from the stock’s current price. Several other […]

Driven Brands (NASDAQ:DRVN – Get Free Report) had its price target lowered by analysts at Barclays from $25.00 to $22.00 in a report released on Monday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price target would suggest a potential upside of 84.56% from the stock’s previous close. Other equities […]

Operator: Good morning. My name is Karina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Driven Brands Q1 2024 Earnings Call.

Driven Brands Holdings Inc. (NASDAQ:DRVN – Get Free Report) shares gapped down before the market opened on Friday after Piper Sandler lowered their price target on the stock from $18.00 to $14.00. The stock had previously closed at $11.69, but opened at $11.35. Piper Sandler currently has an overweight rating on the stock. Driven Brands […]

Beck Bode LLC purchased a new position in Driven Brands Holdings Inc. (NASDAQ:DRVN – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,658 shares of the company’s stock, valued at approximately $252,000. Several other institutional investors also recently added to […]

Driven Brands (NASDAQ:DRVN – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.88-1.00 for the period, compared to the consensus earnings per share estimate of $0.95. The company issued revenue guidance of $2.35-2.45 billion, compared to the consensus revenue estimate of […]

Driven Brands Holdings Inc. (NASDAQ:DRVN – Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 4,900,000 shares, an increase of 12.9% from the March 31st total of 4,340,000 shares. Based on an average trading volume of 1,060,000 shares, the short-interest […]

CHARLOTTE, N.C.--(BUSINESS WIRE)--May 2, 2024--