Driven Brands (DRVN) News Today

$11.19
+0.07 (+0.63%)
(As of 05/17/2024 08:53 PM ET)
Driven Brands Holdings Inc. (NASDAQ:DRVN) Shares Acquired by Russell Investments Group Ltd.
Russell Investments Group Ltd. lifted its position in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 77.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 232,
TimesSquare Capital Management LLC Sells 586,512 Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN)
TimesSquare Capital Management LLC decreased its position in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 28.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,465,836 shares of the company's sto
3 Automotive Parts Makers Growing at Double-Digit Rates
The latest ISM manufacturing PMI index suggests that the turning point for the automotive stock sector is imminent. According to the report, a member of the primary metals industry was quoted as saying that "automotive builds continue at averages but not near maximum outputs.
3 Automotive Parts Makers Growing at Double-Digit Rates (DRVN)
With the automotive industry looking to make a comeback this year, three OEM stocks lead the way to deliver double-digit EPS growth and upside.
Barclays Lowers Driven Brands (NASDAQ:DRVN) Price Target to $22.00
Barclays lowered their price objective on shares of Driven Brands from $25.00 to $22.00 and set an "overweight" rating on the stock in a research report on Monday.
Driven Brands (NASDAQ:DRVN) Price Target Cut to $17.00 by Analysts at Canaccord Genuity Group
Canaccord Genuity Group lowered their price target on shares of Driven Brands from $21.00 to $17.00 and set a "buy" rating on the stock in a report on Friday.
Beyond The Numbers: 8 Analysts Discuss Driven Brands Hldgs Stock
Driven Brands (NASDAQ:DRVN) Releases FY 2024 Earnings Guidance
Driven Brands (NASDAQ:DRVN) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.880-1.000 for the period, compared to the consensus estimate of 0.950. The company also issued revenue guidance of $2.4 billionillion-$2.5 billionillion, compared to the consensus estimate of $2.4 billionillion.
Driven Brands (NASDAQ:DRVN) Shares Gap Down After Analyst Downgrade
Driven Brands (NASDAQ:DRVN) Shares Gap Down on Analyst Downgrade
Driven Brands (NASDAQ:DRVN) Downgraded by JPMorgan Chase & Co.
JPMorgan Chase & Co. cut shares of Driven Brands from an "overweight" rating to a "neutral" rating and dropped their target price for the company from $18.00 to $12.50 in a research report on Friday.
Q1 2024 Driven Brands Holdings Inc Earnings Call
Driven Brands (NASDAQ:DRVN) Sees Unusually-High Trading Volume
Driven Brands (NASDAQ:DRVN) Sees Unusually-High Trading Volume
Driven Brands (NASDAQ:DRVN) Updates FY24 Earnings Guidance
Driven Brands (NASDAQ:DRVN) updated its FY24 earnings guidance. The company provided EPS guidance of $0.88-1.00 for the period, compared to the consensus estimate of $0.95. The company also issued revenue guidance of $2.35-2.45 billionillion, compared to the consensus estimate of $2.43 billionillion.
Driven Brands Holdings Inc. (NASDAQ:DRVN) Short Interest Update
Driven Brands Holdings Inc. (NASDAQ:DRVN - Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 4,900,000 shares, a growth of 12.9% from the March 31st total of 4,340,000 shares. Approximately 8.5% of the company's stock are short sold. Based on an average daily volume of 1,060,000 shares, the days-to-cover ratio is currently 4.6 days.
Driven Brands Holdings Inc.
Driven Brands (NASDAQ:DRVN) Trading Down 5.7%
Driven Brands (NASDAQ:DRVN) Shares Down 5.7%
Kestrel Investment Management Corp Makes New Investment in Driven Brands Holdings Inc. (NASDAQ:DRVN)
Kestrel Investment Management Corp bought a new position in Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 215,100 shares of the company's stock, valued at approximate
Short Interest in Driven Brands Holdings Inc. (NASDAQ:DRVN) Declines By 6.9%
Driven Brands Holdings Inc. (NASDAQ:DRVN - Get Free Report) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 4,340,000 shares, a decline of 6.9% from the March 15th total of 4,660,000 shares. Currently, 7.5% of the shares of the stock are sold short. Based on an average daily volume of 1,080,000 shares, the short-interest ratio is presently 4.0 days.
Driven Brands Holdings Inc. (NASDAQ:DRVN) Given Average Recommendation of "Moderate Buy" by Brokerages
Driven Brands Holdings Inc. (NASDAQ:DRVN - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the ten brokerages that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and six have assigned a
Vanguard Group Inc. Buys 100,300 Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN)
Vanguard Group Inc. grew its position in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 1.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 5,390,311 shares of the company's stock after acquiring an additional 100,300 shares during t
Driven Brands Holdings Inc (DRVN)
Driven Brands (NASDAQ:DRVN) PT Raised to $21.00
Canaccord Genuity Group upped their price target on shares of Driven Brands from $20.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday.
Unveiling 6 Analyst Insights On Driven Brands Hldgs
Walleye Capital LLC Boosts Position in Driven Brands Holdings Inc. (NASDAQ:DRVN)
Walleye Capital LLC grew its position in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 229.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,495 shares of the comp
DRVN Apr 2024 10.000 call
Graham Capital Management L.P. Takes $2.52 Million Position in Driven Brands Holdings Inc. (NASDAQ:DRVN)
Graham Capital Management L.P. purchased a new stake in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 200,439 shares of the company's stoc
TimesSquare Capital Management LLC Acquires 272,815 Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN)
TimesSquare Capital Management LLC grew its holdings in Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 15.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,052,348 shares of the company's sto
AQR Capital Management LLC Acquires 648,825 Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN)
AQR Capital Management LLC lifted its holdings in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 7,230.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 657,799 sha
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This page (NASDAQ:DRVN) was last updated on 5/20/2024 by MarketBeat.com Staff

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