Driven Brands (DRVN) Projected to Post Quarterly Earnings on Tuesday

Driven Brands (NASDAQ:DRVN - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect Driven Brands to post earnings of $0.23 per share and revenue of $492.19 million for the quarter. Driven Brands has set its FY 2025 guidance at 1.150-1.250 EPS.

Driven Brands (NASDAQ:DRVN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.13. Driven Brands had a return on equity of 14.86% and a net margin of 0.27%. The company had revenue of $564.12 million during the quarter, compared to analysts' expectations of $572.95 million. During the same period in the prior year, the firm earned $0.19 earnings per share. Driven Brands's revenue for the quarter was up 1.9% compared to the same quarter last year. On average, analysts expect Driven Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Driven Brands Stock Up 0.4 %

NASDAQ:DRVN traded up $0.07 during trading hours on Monday, reaching $16.41. 282,522 shares of the stock were exchanged, compared to its average volume of 879,882. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.90 and a quick ratio of 1.72. Driven Brands has a twelve month low of $10.59 and a twelve month high of $18.01. The stock has a market cap of $2.70 billion, a PE ratio of 410.23, a PEG ratio of 0.79 and a beta of 1.09. The firm has a 50 day moving average of $16.42 and a 200 day moving average of $16.13.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Canaccord Genuity Group boosted their price target on shares of Driven Brands from $21.00 to $23.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. BMO Capital Markets upped their price objective on Driven Brands from $15.00 to $16.00 and gave the stock a "market perform" rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. lifted their price objective on shares of Driven Brands from $14.50 to $17.00 and gave the company a "neutral" rating in a research report on Wednesday, February 26th. Benchmark assumed coverage on shares of Driven Brands in a research note on Friday, April 4th. They issued a "buy" rating and a $22.00 target price for the company. Finally, Robert W. Baird set a $25.00 price target on shares of Driven Brands in a research report on Thursday, March 13th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $20.50.

About Driven Brands

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.