How to Buy Driven Brands Holdings Stock
Driven Brands Holdings Inc
Driven Brands Holdings Inc. , together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally.
Driven Brands Holdings stock last closed at $16.88, down 2.65% from the previous day, and has increased 47.04% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 0.22 percentage points. Driven Brands Holdings stock is currently +51.19% from its 52-week low of $11.17, and -9.8% from its 52-week high of $18.72.
There are currently 164.28M shares of DRVN outstanding. The market value of DRVN is $2.77B. In the past 24 hours, 770,000 DRVN shares were traded.
How to Buy Driven Brands Holdings Stock
Not sure how to invest in Driven Brands Holdings stock? Here's how.
- Decide where to buy Driven Brands Holdings stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Driven Brands Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your information.
- Analyze Driven Brands Holdings stock: The Driven Brands Holdings ticker symbol is DRVN. Is Driven Brands Holdings stock a good investment? Should you buy shares of DRVN? How do DRVN's underlying business fundamentals look? Do top analysts think Driven Brands Holdings is a good buy? Why has DRVN's stock price moved recently? (Hint: Our stock market research website can help you evaluate if DRVN is a good stock to buy).
- Make your DRVN buy order: Decide if you will purchase DRVN shares at the current market price or use a limit order to buy DRVN shares at a specific price.
- Track your DRVN position: Create a watchlist to important notifications about your investment in Driven Brands Holdings stock.
Step 1: Decide where to buy Driven Brands Holdings stock
You will need an online brokerage account to access the NASDAQ market and buy DRVN stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you are able to buy DRVN today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on the best stock trading app, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Analyze Driven Brands Holdings stock
Once you have chosen the best place to buy Driven Brands Holdings stock, it's important to analyze their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Driven Brands Holdings Numbers
DRVN Due Diligence Checks
WallStreetZen was created to help average investors do better fundamental analysis in less time.
You can see all of the due diligence checks on DRVN's stock page.
Is DRVN stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge DRVN's fair value.
Using relative valuations methods:
- DRVN could be overvalued based on its P/B ratio of 4.31x, relative to Auto & Truck Dealerships industry P/B ratio of 3.53x
You can access additional valuation analysis on DRVN's stock here.
A quick look at DRVN Financials
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the DRVN balance sheet.
- DRVN profit margin has gone up from -34.6% to -12.8% in the past year.
Negative Financial Indicators:
- DRVN's operating cash flow of $256.30M allows it to safely service it's debt of $3.15B.
- DRVN earnings of -$165.80M is not enough to cover its interest payments.
- DRVN has a relatively high debt to equity ratio of 7.24.
- There are more long-term liabilities than short-term assets on the DRVN balance sheet.
Do analysts think it's a good time to buy Driven Brands Holdings stock
Out of 6 sell side analysts who track DRVN, the consensus analyst rating on Driven Brands Holdings is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest DRVN Analyst Ratings
Peter Keith, a top 8% analyst from Piper Sandler maintains DRVN with a strong buy rating and raises their DRVN price target from $19.00 to $22.00, on Feb 26, 2025.
Piper Sandler's Peter Keith raised their price target on Driven Brands Holdings (NASDAQ: DRVN) by 15.8% from $19 to $22 on 2025/02/26. The analyst maintained their Strong Buy rating on the stock.
Driven Brands Holdings reported its Q4 and FY 2024 earnings.
Keith called the results "relatively in-line."
Importantly, the analyst argued, the company announced the sale of its U.S. Car Wash business for 8x EBITDA.
Keith noted that Driven Brands Holdings also announced a CEO transition.
Looking ahead, the analyst said that Driven Brands Holdings is clearly turning a page after disappointing fundamentals and capital allocation in recent years.
Earnings Report
Driven Brands reported:
For Q4 2024:
- EPS of $0.30, which beat the Zacks Consensus Estimate of $0.17 and Q4 2023's $0.19.
- Revenue of $564.12M, which missed the Zacks Consensus Estimate by 1.18% but beat Q4 2023's $553.68M.
For FY 2024:
- EPS of $1.14, up from FY 2023's $0.85.
- Revenue of $2.34B, up from FY 2023's $2.3B.
For FY 2025, management guided:
- EPS of $1.15 to $1.25.
- Revenue of $2.05B to $2.15B.
President & CEO Jonathan Fitzpatrick commented: “Fiscal year 2024 was a year of growth and strong execution for Driven Brands, led by our flagship brand Take 5 Oil Change.
"We are proud of the results, as we delivered Adjusted EBITDA and same-store sales in line with our full-year outlook while also achieving our full-year leverage target.
“Looking ahead to 2025, our focus is clear: delivering on our outlook, reducing debt and active portfolio management.”
You can dig deeper into what analysts are saying on the Driven Brands Holdings stock forecast page.
DRVN Technical Indicators
DRVN Performance Numbers
Last year, DRVN revenue was $2.28B. During the last four year, DRVN's revenue has gone up by 21.34% per year. This was faster than the Auto & Truck Dealerships industry average of 19.07%.
Find out more about DRVN's earnings and revenue performance here.
What are DRVN executives and large shareholders up to?
Over the past 12 months, insiders at DRVN have sold more shares than they have bought.
Jonathan G. Fitzpatrick, Chief Executive Officer of DRVN, was the latest DRVN insider to sell. They sold $105,191.22 worth of DRVN stock on Mar 22, 2025.
Get more info about who owns DRVN shares here.
Does DRVN stock generate passive income?
No, Driven Brands Holdings doesn't provide an income stream by paying out dividends.
DRVN Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your DRVN buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you require additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Track your DRVN position
Now that you own some DRVN shares, you'll want to keep up with your new stock purchase.
Start a watchlist to get notified of important updates regarding your DRVN stock.
DRVN Feed
How to Buy Stock in Driven Brands Holdings
To summarize, here are the 6 steps you need to take to buy Driven Brands Holdings stock right now:
- Decide where to buy Driven Brands Holdings stock
- Open your brokerage account
- Deposit funds into your investment account
- Analyze Driven Brands Holdings stock
- Make your DRVN buy order
- Track your DRVN position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your investment in Driven Brands Holdings, create your watchlist below.
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