Metric Deep Dive: Understanding Driven Brands Holdings Inc (DRVN) Through its Ratios

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After finishing at $11.53 in the prior trading day, Driven Brands Holdings Inc (NASDAQ: DRVN) closed at $11.27, down -2.25%. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 1.19 million shares were traded. DRVN stock price reached its highest trading level at $11.65 during the session, while it also had its lowest trading level at $11.24.

Ratios:

Our goal is to gain a better understanding of DRVN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 4.70 whereas as Long-Term Debt/Eq ratio is at 4.66.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on May 03, 2024, Downgraded its rating to Neutral and sets its target price to $12.50 from $18 previously.

Morgan Stanley Downgraded its Overweight to Equal-Weight on January 16, 2024, whereas the target price for the stock was revised from $22 to $14.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 30 ’23 when Fitzpatrick Jonathan G. bought 42,000 shares for $23.76 per share. The transaction valued at 997,920 led to the insider holds 2,332,363 shares of the business.

Ferrera Gary W bought 4,000 shares of DRVN for $96,920 on May 25 ’23. The EVP & Chief Financial Officer now owns 63,101 shares after completing the transaction at $24.23 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DRVN now has a Market Capitalization of 1849181696 and an Enterprise Value of 5942299136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 2.568 whereas that against EBITDA is 12.096.

Stock Price History:

The Beta on a monthly basis for DRVN is 1.12, which has changed by -0.58397937 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, DRVN has reached a high of $28.51, while it has fallen to a 52-week low of $10.59. The 50-Day Moving Average of the stock is -20.71%, while the 200-Day Moving Average is calculated to be -17.12%.

Shares Statistics:

The stock has traded on average 1.35M shares per day over the past 3-months and 2390270 shares per day over the last 10 days, according to various share statistics. A total of 163.97M shares are outstanding, with a floating share count of 57.97M. Insiders hold about 64.67% of the company’s shares, while institutions hold 36.44% stake in the company. Shares short for DRVN as of 1714435200 were 4724458 with a Short Ratio of 3.51, compared to 1711584000 on 4338243. Therefore, it implies a Short% of Shares Outstanding of 4724458 and a Short% of Float of 7.960000000000001.

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