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.
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Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
Driven Brands (DRVN)	4.5557 of 5 stars 4.56 / 5 stars	$14.31	+1.2%	N/A	-3.07	Moderate Buy	$17.95
Matthews International (MATW)	4.3358 of 5 stars 4.34 / 5 stars	$23.80	-1.1%	4.03%	22.45	Buy	$59.00
Copart (CPRT)	2.7723 of 5 stars 2.77 / 5 stars	$49.78	-0.9%	N/A	35.06	Hold	$53.00
OPENLANE (KAR)	3.0815 of 5 stars 3.08 / 5 stars	$16.43	-0.7%	4.63%	-9.18	Moderate Buy	$19.60