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MarketBeat ‘Stock of the Week’: Driven Brands has road to recovery

Key Points

  • Driven Brands is an up and coming auto services company that is equally balanced between retail and commercial customers in addition to being well-diversified by service type.
  • As part of its Dream Big 2026 Plan, the company is targeting 14% annual revenue growth over the next three years to reach $3.4 billion.
  • After a downturn in profitability in 2023, Wall Street is anticipating that Driven Brands will get an earnings tune-up in 2024 with the latest EPS consensus of $1.13 implying 11% growth.
  • Interested in Driven Brands? Here are five stocks we like better.

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Should You Invest $1,000 in Driven Brands Right Now?

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While Driven Brands currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Driven Brands (DRVN)
2.5662 of 5 stars
$15.23-1.7%N/A380.75Moderate Buy$17.86
Matthews International (MATW)
3.6439 of 5 stars
$29.69-4.3%3.37%-15.38Buy$40.00
Copart (CPRT)
3.4323 of 5 stars
$55.64-2.0%N/A39.18Moderate Buy$58.00
OPENLANE (KAR)
3.6966 of 5 stars
$19.78-2.5%3.84%76.08Moderate Buy$22.00
Compare These Stocks  Add These Stocks to My Watchlist 

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