NASDAQ:TRUE TrueCar (TRUE) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free TRUE Stock Alerts $3.31 +0.04 (+1.22%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$3.14▼$3.4050-Day Range$3.04▼$3.9952-Week Range$1.76▼$4.05Volume314,032 shsAverage Volume251,791 shsMarket Capitalization$301.77 millionP/E RatioN/ADividend YieldN/APrice Target$3.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get TrueCar alerts: Email Address TrueCar MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside13.3% Upside$3.75 Price TargetShort InterestHealthy0.97% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.22Based on 5 Articles This WeekInsider TradingSelling Shares$100,500 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.19) to ($0.12) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.90 out of 5 starsComputer And Technology Sector424th out of 602 stocksComputer Programming, Data Processing, & Other Computer Related Industry34th out of 57 stocks 2.2 Analyst's Opinion Consensus RatingTrueCar has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.75, TrueCar has a forecasted upside of 13.3% from its current price of $3.31.Amount of Analyst CoverageTrueCar has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.97% of the float of TrueCar has been sold short.Short Interest Ratio / Days to CoverTrueCar has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TrueCar has recently decreased by 8.52%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTrueCar does not currently pay a dividend.Dividend GrowthTrueCar does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRUE. Previous Next 2.3 News and Social Media Coverage News SentimentTrueCar has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for TrueCar this week, compared to 4 articles on an average week.MarketBeat Follows1 people have added TrueCar to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TrueCar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $100,500.00 in company stock.Percentage Held by InsidersOnly 4.90% of the stock of TrueCar is held by insiders.Percentage Held by Institutions81.58% of the stock of TrueCar is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TrueCar are expected to grow in the coming year, from ($0.19) to ($0.12) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueCar is -5.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TrueCar is -5.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTrueCar has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About TrueCar Stock (NASDAQ:TRUE)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 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. The company was incorporated in 2005 and is headquartered in Santa Monica, California.Read More TRUE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRUE Stock News HeadlinesMarch 16, 2024 | finance.yahoo.comTRUE Apr 2024 2.000 callMarch 15, 2024 | msn.comEuropean markets almost flat as investors wait for directionMarch 19, 2024 | The Bull Report (Ad)The AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.March 14, 2024 | msn.comUnited swaps Airbus A321neo for Boeing 10s - reportMarch 13, 2024 | marketwatch.comHow To Sell a Car OnlineMarch 13, 2024 | finance.yahoo.comHere's Why We're Not At All Concerned With TrueCar's (NASDAQ:TRUE) Cash Burn SituationFebruary 25, 2024 | msn.com7 Cheap Luxury Cars You Can Buy on a Budget in 2024February 24, 2024 | msn.comTrueCar (TRUE) Price Target Increased by 23.47% to 4.11March 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.February 23, 2024 | finance.yahoo.comEarnings Update: Here's Why Analysts Just Lifted Their TrueCar, Inc. (NASDAQ:TRUE) Price Target To US$4.28February 22, 2024 | msn.comCPOP, DRCT among major communication services gainers; MNY, ATNI among losersFebruary 22, 2024 | markets.businessinsider.comAnalysts Offer Insights on Communication Services Companies: Seek Limited (OtherSKLTF) and TrueCar (TRUE)February 22, 2024 | markets.businessinsider.comBuy Rating Affirmed for TrueCar on Strong Market Position and Financial DisciplineFebruary 22, 2024 | finance.yahoo.comQ4 2023 TrueCar Inc Earnings CallFebruary 22, 2024 | finance.yahoo.comTrueCar, Inc. (NASDAQ:TRUE): When Will It Breakeven?February 22, 2024 | finance.yahoo.comTrueCar, Inc. (NASDAQ:TRUE) Q4 2023 Earnings Call TranscriptFebruary 21, 2024 | msn.comThese are the 10 worst new car deals in AmericaFebruary 20, 2024 | sfgate.comTrueCar: Q4 Earnings SnapshotFebruary 20, 2024 | msn.comTrueCar reports Q4 resultsFebruary 20, 2024 | finance.yahoo.comTrueCar Releases Fourth Quarter 2023 Financial Results and Stockholder LetterFebruary 20, 2024 | finance.yahoo.comTrueCar Inc (TRUE) Reports Notable Revenue Growth and Reduced Net Loss in Q4 2023February 20, 2024 | finance.yahoo.comTrueCar (TRUE) Reports Break-Even Earnings for Q4February 20, 2024 | prnewswire.comTrueCar Releases Fourth Quarter 2023 Financial Results and Stockholder LetterFebruary 19, 2024 | benzinga.comTrueCar Earnings PreviewFebruary 19, 2024 | msn.comTrueCar Q4 2023 Earnings PreviewFebruary 16, 2024 | msn.com2024 Range Rover Sport SV Edition One Sheds Some of That British ReserveFebruary 15, 2024 | msn.comThe Toyota bZ4X Is Depreciating Massively. But Why?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. Email Address Company Calendar Last Earnings2/20/2024Today3/19/2024Next Earnings (Estimated)5/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer programming, data processing, & other computer related Sub-IndustryN/A Current SymbolNASDAQ:TRUE CUSIPN/A CIK1327318 Webwww.truecar.com Phone(800) 200-2000FaxN/AEmployees324Year FoundedN/APrice Target and Rating Average Stock Price Target$3.75 High Stock Price Target$4.50 Low Stock Price Target$3.00 Potential Upside/Downside+13.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.56) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-49,770,000.00 Net Margins-31.36% Pretax Margin-31.35% Return on Equity-24.27% Return on Assets-18.74% Debt Debt-to-Equity RatioN/A Current Ratio5.63 Quick Ratio5.63 Sales & Book Value Annual Sales$158.71 million Price / Sales1.90 Cash FlowN/A Price / Cash FlowN/A Book Value$1.76 per share Price / Book1.88Miscellaneous Outstanding Shares91,170,000Free Float86,703,000Market Cap$301.77 million OptionableOptionable Beta1.65 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Jantoon E. Reigersman (Age 42)President & CEO Comp: $619.66kMr. Jeffrey J. Swart (Age 56)Executive VP, Secretary & General Counsel Comp: $561.25kMr. Oliver Foley (Age 39)Chief Financial Officer Ms. Jill AngelChief People Officer & OperationsMs. Zaineb BokhariVice President of Investor RelationsMs. Lisa HessHead of SalesMr. David GreenSenior Vice President of Major AccountsMr. Jay KuChief Revenue OfficerMore ExecutivesKey CompetitorsVNET GroupNASDAQ:VNETSify TechnologiesNASDAQ:SIFYEventbriteNYSE:EBSangoma TechnologiesNASDAQ:SANGSynacorNASDAQ:SYNCView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 41,822 shares on 3/11/2024Ownership: 4.645%Jeff SwartSold 15,000 sharesTotal: $51,750.00 ($3.45/share)Jeff SwartSold 15,000 sharesTotal: $48,750.00 ($3.25/share)Price T Rowe Associates Inc. MDSold 8,201 shares on 2/16/2024Ownership: 0.143%Public Employees Retirement System of OhioSold 15,493 shares on 2/16/2024Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions TRUE Stock Analysis - Frequently Asked Questions Should I buy or sell TrueCar stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 target for 2024? 3 brokerages have issued 1-year price objectives for TrueCar's stock. Their TRUE share price targets range from $3.00 to $4.50. On average, they expect the company's stock price to reach $3.75 in the next year. This suggests a possible upside of 13.3% 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 2024? TrueCar's stock was trading at $3.46 at the beginning of 2024. Since then, TRUE stock has decreased by 4.3% and is now trading at $3.31. View the best growth stocks for 2024 here. When is TrueCar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our TRUE earnings forecast. How were TrueCar's earnings last quarter? TrueCar, Inc. (NASDAQ:TRUE) announced its quarterly earnings data on Tuesday, February, 20th. The technology company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.05. The technology company earned $41.29 million during the quarter, compared to analysts' expectations of $41.50 million. TrueCar had a negative net margin of 31.36% and a negative trailing twelve-month return on equity of 24.27%. What guidance has TrueCar issued on next quarter's earnings? TrueCar issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $40.7 million-$40.7 million, compared to the consensus revenue estimate of $43.7 million. 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). Who are TrueCar's major shareholders? TrueCar's stock is owned by a variety of institutional and retail investors. Top institutional investors include Cannell Capital LLC (8.98%), Vanguard Group Inc. (4.67%), Vanguard Group Inc. (4.65%), Dimensional Fund Advisors LP (3.61%), Mill Road Capital Management LLC (1.90%) and Acuitas Investments LLC (1.39%). Insiders that own company stock include Brendan L Harrington, Charles C Thomas, Christopher W Claus, Dennis H Nelson, Jeff Swart, John W Mendel, Michael Darrow and Robert Buce. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:TRUE) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TrueCar, Inc. 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