Driven Brands Holdings Inc (NASDAQ: DRVN) is -1.67% lower on its value in year-to-date trading and has touched a low of $10.59 and a high of $18.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DRVN stock was last observed hovering at around $16.48 in the last trading session, with the day’s loss setting it -0.61%.
Currently trading at $15.87, the stock is -1.39% and -1.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -3.70% at the moment leaves the stock 9.34% off its SMA200. DRVN registered 17.29% gain for a year compared to 6-month gain of 12.79%.
The stock witnessed a -2.58% loss in the last 1 month and extending the period to 3 months gives it a -6.54%, and is -2.22% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.84% over the week and 4.10% over the month.
Driven Brands Holdings Inc (DRVN) has around 10700 employees, a market worth around $2.60B and $2.34B in sales. Fwd P/E is 10.33. Profit margin for the company is -12.27%. Distance from 52-week low is 49.86% and -11.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.28%).
with sales reaching $490.44M over the same period.The EPS is expected to grow by 6.58% this year, but quarterly earnings will post -10.17% year-over-year. Quarterly sales are estimated to shrink -14.29% in year-over-year returns.
The shares outstanding are 163.84M, and float is at 57.95M with Short Float at 13.87%.
The top institutional shareholder in the company is HG VORA CAPITAL MANAGEMENT, LLC with over 7.2 million shares valued at $91.66 million. The investor’s holdings represent 4.5104 of the DRVN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.66 million shares valued at $72.0 million to account for 3.5432 of the shares outstanding. The other top investors are NORTH PEAK CAPITAL MANAGEMENT, LLC which holds 5.2 million shares representing 3.2597 and valued at over $66.24 million, while JPMORGAN CHASE & CO holds 3.1121 of the shares totaling 4.97 million with a market value of $63.31 million.
Driven Brands Holdings Inc (DRVN) Insider Activity
The most recent transaction is an insider sale by Halligan Catherine Ann, the company’s Director. SEC filings show that Halligan Catherine Ann sold 4,242 shares of the company’s common stock on Mar 03 ’25 at a price of $17.42 per share for a total of $73896.0. Following the sale, the insider now owns 17791.0 shares.
