EVgo (NYSE:EVGO – Get Rating) and Driven Brands (NASDAQ:DRVN – Get Rating) are both auto/tires/trucks companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, earnings, risk, profitability and valuation.
Analyst Ratings
This is a breakdown of recent recommendations and price targets for EVgo and Driven Brands, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
EVgo | 0 | 3 | 7 | 0 | 2.70 |
Driven Brands | 0 | 2 | 7 | 0 | 2.78 |
EVgo presently has a consensus target price of $11.06, indicating a potential upside of 67.76%. Driven Brands has a consensus target price of $37.56, indicating a potential upside of 23.01%. Given EVgo’s higher possible upside, equities analysts plainly believe EVgo is more favorable than Driven Brands.
Institutional and Insider Ownership
Risk and Volatility
EVgo has a beta of 2.03, meaning that its stock price is 103% more volatile than the S&P 500. Comparatively, Driven Brands has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500.
Profitability
This table compares EVgo and Driven Brands’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
EVgo | -50.51% | N/A | -6.79% |
Driven Brands | 2.12% | 11.71% | 3.11% |
Valuation and Earnings
This table compares EVgo and Driven Brands’ gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
EVgo | $54.59 million | 32.01 | -$27.58 million | ($0.40) | -16.48 |
Driven Brands | $2.03 billion | 2.51 | $43.19 million | $0.25 | 122.12 |
Driven Brands has higher revenue and earnings than EVgo. EVgo is trading at a lower price-to-earnings ratio than Driven Brands, indicating that it is currently the more affordable of the two stocks.
Summary
Driven Brands beats EVgo on 9 of the 13 factors compared between the two stocks.
About EVgo
EVgo, Inc. owns and operates a direct current fast charging network in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot, or garage, pay gates and pilots microtargeted advertising, and charging reservations; and maintenance and development and project management services through eXtendTM, including electric vehicle supply equipment installation, networking, and operations. The company was incorporated in 2010 and is based in Los Angeles, California.
About Driven Brands
Driven Brands Holdings Inc., together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. The company offers various services, such as paint, collision, glass, vehicle repair, car wash, oil change, and maintenance services. It also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as provides training services to repair and maintenance, and paint and collision shops. The company sells its products and services under the Take 5 Oil Change, IMO, CARSTAR, ABRA, Fix Auto, Maaco, Meineke, Uniban, 1-800-Radiator & A/C, PH Vitres D'Autos, Spire Supply, and Automotive Training Institute names. As of December 25, 2021, it operated 4,412 company-operated, franchised, and independently-operated stores. Driven Brands Holdings Inc. was founded in 1972 and is headquartered in Charlotte, North Carolina.
Receive News & Ratings for EVgo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EVgo and related companies with MarketBeat.com's FREE daily email newsletter.