S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
US Dollar Replaced By "Biden Bucks"? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
The Day of Financial Reckoning Is Near (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
US Dollar Replaced By "Biden Bucks"? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
The Day of Financial Reckoning Is Near (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
US Dollar Replaced By "Biden Bucks"? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
The Day of Financial Reckoning Is Near (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
US Dollar Replaced By "Biden Bucks"? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
The Day of Financial Reckoning Is Near (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NASDAQ:TRUE

TrueCar - TRUE Stock Forecast, Price & News

$2.61
+0.04 (+1.56%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.55
$2.62
50-Day Range
$2.51
$3.27
52-Week Range
$2.50
$4.64
Volume
796,817 shs
Average Volume
610,918 shs
Market Capitalization
$236.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.31

TrueCar MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
65.2% Upside
$4.31 Price Target
Short Interest
Healthy
2.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of TrueCar in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$34,841 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.55) to ($0.50) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Computer And Technology Sector

386th out of 665 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

32nd out of 67 stocks

TRUE stock logo

About TrueCar (NASDAQ:TRUE) Stock

TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides accurate, geographically specific, and real-time pricing information for consumers and dealers; TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.

TrueCar Stock Up 1.6 %

Shares of TRUE traded up $0.04 during trading hours on Friday, reaching $2.61. 796,817 shares of the company traded hands, compared to its average volume of 610,918. The stock has a market capitalization of $236.54 million, a P/E ratio of -5.44 and a beta of 1.05. TrueCar has a 12-month low of $2.50 and a 12-month high of $4.64. The business has a fifty day moving average price of $2.69 and a 200-day moving average price of $3.23.

Insider Buying and Selling at TrueCar

In other TrueCar news, Director John W. Mendel sold 12,578 shares of the company's stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $2.77, for a total value of $34,841.06. Following the sale, the director now directly owns 148,528 shares of the company's stock, valued at $411,422.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.70% of the stock is owned by corporate insiders.

Receive TRUE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TrueCar and its competitors with MarketBeat's FREE daily newsletter.

TRUE Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
TrueCar (TRUE) Q2 2022 Earnings Call Transcript
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
TrueCar Q2 2022 Earnings Preview - Seeking Alpha
Preview: TrueCar's Earnings - Benzinga
TrueCar Releases Analysis of May Industry Sales
See More Headlines
Receive TRUE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TrueCar and its competitors with MarketBeat's FREE daily newsletter.

TRUE Company Calendar

Last Earnings
5/06/2021
Today
8/14/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:TRUE
Fax
N/A
Employees
428
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.31
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$3.50
Forecasted Upside/Downside
+65.2%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$-38,330,000.00
Pretax Margin
-26.15%

Debt

Sales & Book Value

Annual Sales
$231.70 million
Book Value
$3.18 per share

Miscellaneous

Free Float
87,273,000
Market Cap
$236.54 million
Optionable
Optionable
Beta
1.05

Key Executives

  • Mr. Michael D. Darrow (Age 64)
    Pres, CEO & Director
    Comp: $600.24k
  • Mr. Jantoon E. Reigersman (Age 40)
    Exec. VP, COO & CFO
    Comp: $454.88k
  • Mr. Jeffrey J. Swart (Age 54)
    Exec. VP, Sec. & Gen. Counsel
    Comp: $410.59k
  • Mr. Elias Rokos
    Chief Technology Officer
  • Ms. Zaineb Bokhari
    VP of Investor Relations
  • Shadee Malekafzali
    Sr. Director of PR
  • Ms. Jill Angel
    Chief People Officer.
  • Mr. Victor Anthony Perry III (Age 68)
    Advisor
  • Mr. Paul Edmonds
    Sr. VP of Dealer Marketing & Operations
  • Mr. David Green
    Sr. VP of Major Accounts













TRUE Stock - Frequently Asked Questions

Should I buy or sell TrueCar stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TRUE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRUE, but not buy additional shares or sell existing shares.
View TRUE analyst ratings
or view top-rated stocks.

What is TrueCar's stock price forecast for 2022?

6 brokerages have issued 1-year price targets for TrueCar's shares. Their TRUE share price forecasts range from $3.50 to $6.00. On average, they predict the company's share price to reach $4.31 in the next twelve months. This suggests a possible upside of 65.2% from the stock's current price.
View analysts price targets for TRUE
or view top-rated stocks among Wall Street analysts.

How have TRUE shares performed in 2022?

TrueCar's stock was trading at $3.40 on January 1st, 2022. Since then, TRUE stock has decreased by 23.2% and is now trading at $2.61.
View the best growth stocks for 2022 here
.

When is TrueCar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our TRUE earnings forecast
.

How were TrueCar's earnings last quarter?

TrueCar, Inc. (NASDAQ:TRUE) issued its quarterly earnings data on Thursday, May, 6th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.04. The technology company earned $65.10 million during the quarter, compared to the consensus estimate of $61.57 million. TrueCar had a negative net margin of 24.68% and a negative trailing twelve-month return on equity of 14.19%. The business's revenue was down 17.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.04 EPS.

What is Michael Darrow's approval rating as TrueCar's CEO?

31 employees have rated TrueCar Chief Executive Officer Michael Darrow on Glassdoor.com. Michael Darrow has an approval rating of 45% among the company's employees. This puts Michael Darrow in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TrueCar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TrueCar investors own include Twitter (TWTR), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Intel (INTC), Boeing (BA), Gilead Sciences (GILD), General Motors (GM), Inovio Pharmaceuticals (INO) and Southwest Airlines (LUV).

What is TrueCar's stock symbol?

TrueCar trades on the NASDAQ under the ticker symbol "TRUE."

Who are TrueCar's major shareholders?

TrueCar's stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.70%), UBS Group AG (1.94%), Northern Trust Corp (0.89%), Deutsche Bank AG (0.55%), Connor Clark & Lunn Investment Management Ltd. (0.31%) and Russell Investments Group Ltd. (0.18%). Insiders that own company stock include Charles C Thomas, Dennis H Nelson, Jeff Swart, John W Mendel, Michael Darrow, Robert Buce and Simon Edward Smith.
View institutional ownership trends
.

How do I buy shares of TrueCar?

Shares of TRUE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TrueCar's stock price today?

One share of TRUE stock can currently be purchased for approximately $2.61.

How much money does TrueCar make?

TrueCar (NASDAQ:TRUE) has a market capitalization of $236.54 million and generates $231.70 million in revenue each year. The technology company earns $-38,330,000.00 in net income (profit) each year or ($0.48) on an earnings per share basis.

How many employees does TrueCar have?

The company employs 428 workers across the globe.

How can I contact TrueCar?

TrueCar's mailing address is 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401. The official website for the company is www.truecar.com. The technology company can be reached via phone at (800) 200-2000 or via email at investors@true.com.

This page (NASDAQ:TRUE) was last updated on 8/14/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.