Free Trial
→ Trump to redistribute trillions of dollars (From Porter & Company) (Ad)

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

Written by MarketBeat Staff | Reviewed by Don Miller
February 5, 2024

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.
  • Five stocks we like better than Driven Brands.
Remove Ads

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Upgrade Now See Benefits

Already have an account? Log in here.

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

Before you consider Driven Brands, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Driven Brands wasn't on the list.

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

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover
Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Driven Brands (DRVN)
4.307 of 5 stars		$16.10-2.1%N/A402.50Moderate Buy$20.50
Matthews International (MATW)
3.3148 of 5 stars		$19.98-3.1%5.01%-10.14Buy$40.00
Copart (CPRT)
2.5293 of 5 stars		$54.51-3.8%N/A36.58Hold$58.00
OPENLANE (KAR)
3.635 of 5 stars		$18.01-4.4%4.22%33.98Moderate Buy$22.20
Compare These Stocks  Add These Stocks to My Watchlist 

Remove Ads

Featured Articles and Offers

Recent Videos

5 Big Reasons the S&P 500 Could Soar in 2025
3 Stocks to Buy on the Dip—and 3 to Dump Fast
Trump Tariffs Tumble the Stock Market—Here’s How to Protect Your Money

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads