TrueCar Company Profile (NASDAQ:TRUE)

About TrueCar (NASDAQ:TRUE)

TrueCar logoTrueCar, Inc. is an Internet-based information, technology, and communication services company. The Company has a data-driven online platform, which features market data and analytics. The Company-branded platform is available on its TrueCar Website and mobile applications. It customizes and operates its platform on a co-branded basis for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for a range of enterprises. The Company enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar Certified Dealers. Its network of over 13,000 TrueCar Certified Dealers consists primarily of new car franchises, as well as independent dealers selling used vehicles. Its subsidiary, ALG, Inc., provides forecasts and consulting services regarding determination of the residual value of an automobile at given future points in time.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Internet Service Providers
  • Sub-Industry: N/A
  • Symbol: NASDAQ:TRUE
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.66 billion
  • Outstanding Shares: 92,888,000
Average Prices:
  • 50 Day Moving Avg: $16.49
  • 200 Day Moving Avg: $14.15
  • 52 Week Range: $6.51 - $18.76
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 127.29
  • P/E Growth: -16.55
Sales & Book Value:
  • Annual Revenue: $291.4 million
  • Price / Sales: 5.68
  • Book Value: $2.60 per share
  • Price / Book: 6.85
  • EBIDTA: ($20,730,000.00)
  • Net Margins: -22.92%
  • Return on Equity: -22.29%
  • Return on Assets: -17.19%
  • Debt-to-Equity Ratio: 0.13%
  • Current Ratio: 4.42%
  • Quick Ratio: 4.42%
  • Average Volume: 1.87 million shs.
  • Beta: 3.11
  • Short Ratio: 16.6

Frequently Asked Questions for TrueCar (NASDAQ:TRUE)

What is TrueCar's stock symbol?

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

How were TrueCar's earnings last quarter?

TrueCar Inc (NASDAQ:TRUE) announced its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.01) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.01. The business had revenue of $75.80 million for the quarter, compared to the consensus estimate of $73.34 million. TrueCar had a negative return on equity of 22.29% and a negative net margin of 22.92%. The business's revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.07) earnings per share. View TrueCar's Earnings History.

Where is TrueCar's stock going? Where will TrueCar's stock price be in 2017?

10 equities research analysts have issued 1 year price targets for TrueCar's stock. Their forecasts range from $6.00 to $23.00. On average, they anticipate TrueCar's share price to reach $16.32 in the next year. View Analyst Ratings for TrueCar.

What are analysts saying about TrueCar stock?

Here are some recent quotes from research analysts about TrueCar stock:

  • 1. According to Zacks Investment Research, "TrueCar Inc. engages in developing and publishing an online automotive information and communications platform. The Company operates its company-branded platform on its Website. It enables users to obtain market-based pricing data on new and used cars, as well as to connect with its network of TrueCar certified dealers. TrueCar, Inc. is based in Santa Monica, California. " (5/5/2017)
  • 2. Royal Bank of Canada analysts commented, "Bloomberg/WSJ reported that Verizon and Yahoo have tweaked their agreement. The $250-300M reduction (all else equal) only reduces our SOP- derived PT for core Yahoo by ~$0.25 to $4.30. As a reminder, Verizon and Yahoo agreed to a $4.83B cash deal on July 25, 2016, and the most recent update from the 4Q16 earnings press release noted that Yahoo continues to work with Verizon on integration planning for the sale of its core business," but, given work required to meet closing conditions, the transaction is now expected to close in Q2 of 2017″ (vs. Q1 previously). Importantly, the companies are discussing splitting any future liabilities resulting from the data breaches. Current BABA PT/updated valuation for YJ! more than offsets the reduced price. Updating valuations for BABA and YJ!, and using our $120 BABA PT in our SOP analysis for Yahoo (current price is $101/share), our BABA valuation increases by $1.50 to $36.06/Yahoo share." (2/15/2017)
  • 3. Cowen and Company analysts commented, "We expect another solid quarter as TRUE reaps the benefits from having all the AutoNation dealers back on the platform, despite the seasonal lull in car buying in 4Q. We rolled the model forward to '22 and raised L-T est., as a result Price Target to $10 from $8. With valuation at 3x '17 EV/Sales, we maintain Market Perform." (2/14/2017)

Are investors shorting TrueCar?

TrueCar saw a drop in short interest in May. As of May 15th, there was short interest totalling 16,798,253 shares, a drop of 24.0% from the April 28th total of 22,093,704 shares. Based on an average daily volume of 2,345,801 shares, the short-interest ratio is presently 7.2 days.

Who are some of TrueCar's key competitors?

Who owns TrueCar stock?

TrueCar's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include United Services Automobile Association (14.05%), UBS Group AG (8.00%), Morgan Stanley (6.21%), Caledonia Private Investments Pty Ltd (5.33%), Vanguard Group Inc. (5.27%) and First Trust Advisors LP (2.68%). Company insiders that own TrueCar stock include Bernard Brenner, Brian Skutta, Christopher W Claus, Ii LP Upfront, John Krafcik, John Pierantoni, Neeraj Gunsagar, Robert Buce, Services Automobile Ass United and Steven J Dietz. View Institutional Ownership Trends for TrueCar.

Who sold TrueCar stock? Who is selling TrueCar stock?

TrueCar's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Bank of America Corp DE, Lucha Capital Management LP, First Trust Advisors LP, Wells Fargo & Company MN, TIAA CREF Investment Management LLC and Nationwide Fund Advisors. Company insiders that have sold TrueCar stock in the last year include Brian Skutta, Ii LP Upfront, John Krafcik, John Pierantoni, Neeraj Gunsagar, Robert Buce, Services Automobile Ass United and Steven J Dietz. View Insider Buying and Selling for TrueCar.

Who bought TrueCar stock? Who is buying TrueCar stock?

TrueCar's stock was purchased by a variety of institutional investors in the last quarter, including Caledonia Private Investments Pty Ltd, Falcon Point Capital LLC, Park West Asset Management LLC, Vanguard Group Inc., Russell Investments Group Ltd., Credit Suisse AG, Hood River Capital Management LLC and Parametric Portfolio Associates LLC. Company insiders that have bought TrueCar stock in the last two years include Christopher W Claus and John Pierantoni. View Insider Buying and Selling for TrueCar.

How do I buy TrueCar stock?

Shares of TrueCar can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of TrueCar stock cost?

One share of TrueCar stock can currently be purchased for approximately $17.82.

Analyst Ratings

Consensus Ratings for TrueCar (NASDAQ:TRUE) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $16.32 (8.41% downside)

Analysts' Ratings History for TrueCar (NASDAQ:TRUE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017B. RileyReiterated RatingBuy$21.50LowView Rating Details
5/10/2017Craig HallumBoost Price TargetBuy -> Buy$20.00 -> $23.00HighView Rating Details
5/10/2017Royal Bank of CanadaBoost Price TargetOutperform -> Outperform$19.00 -> $22.00HighView Rating Details
4/25/2017Cowen and CompanyBoost Price TargetMarket Perform$13.00 -> $15.00HighView Rating Details
3/28/2017Loop CapitalReiterated RatingBuy$18.00LowView Rating Details
3/27/2017Citigroup IncInitiated CoverageBuy$18.00MediumView Rating Details
1/9/2017JMP SecuritiesUpgradeMarket Perform -> Outperform$17.00N/AView Rating Details
11/11/2016JPMorgan Chase & Co.Reiterated RatingNeutral -> HoldN/AView Rating Details
11/4/2016StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
9/12/2016Morgan StanleyDowngradeEqual Weight -> Underweight$5.00 -> $6.40N/AView Rating Details
4/4/2016Topeka Capital MarketsInitiated CoverageHold$6.00N/AView Rating Details
7/24/2015Goldman Sachs Group IncDowngradeBuy -> Neutral$8.00N/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for TrueCar (NASDAQ:TRUE)
Earnings by Quarter for TrueCar (NASDAQ:TRUE)
Earnings History by Quarter for TrueCar (NASDAQ:TRUE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017($0.02)($0.01)$73.34 million$75.80 millionViewListenView Earnings Details
2/16/2017Q416($0.05)($0.01)$71.31 million$74.08 millionViewN/AView Earnings Details
11/3/2016Q316($0.06)($0.01)$71.17 million$75.01 millionViewN/AView Earnings Details
8/4/2016Q2($0.10)($0.05)$65.52 million$66.42 millionViewN/AView Earnings Details
5/5/2016Q1($0.07)($0.07)$61.13 million$61.86 millionViewN/AView Earnings Details
2/18/2016Q4($0.04)($0.06)$65.43 million$63.59 millionViewListenView Earnings Details
11/5/2015Q315($0.05)($0.03)$66.02 million$72.40 millionViewN/AView Earnings Details
8/6/2015Q215($0.05)($0.05)$68.62 million$65.30 millionViewN/AView Earnings Details
5/7/2015Q115($0.11)($0.11)$58.76 million$58.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for TrueCar (NASDAQ:TRUE)
2017 EPS Consensus Estimate: ($0.30)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.08)($0.08)($0.08)
Q2 20172($0.08)($0.07)($0.08)
Q3 20172($0.07)($0.05)($0.06)
Q4 20172($0.09)($0.08)($0.09)
(Data provided by Zacks Investment Research)


Dividend History for TrueCar (NASDAQ:TRUE)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for TrueCar (NASDAQ:TRUE)
Insider Ownership Percentage: 17.30%
Institutional Ownership Percentage: 63.62%
Insider Trades by Quarter for TrueCar (NASDAQ:TRUE)
Institutional Ownership by Quarter for TrueCar (NASDAQ:TRUE)
Insider Trades by Quarter for TrueCar (NASDAQ:TRUE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/2/2017Ii L.P. UpfrontInsiderSell1,725,000$15.72$27,117,000.00View SEC Filing  
5/2/2017Services Automobile Ass UnitedMajor ShareholderSell3,132,343$16.50$51,683,659.50View SEC Filing  
5/2/2017Steven J. DietzDirectorSell1,320,692$16.50$21,791,418.00View SEC Filing  
3/2/2017Neeraj GunsagarEVPSell25,571$14.70$375,893.70View SEC Filing  
11/23/2016Robert BuceDirectorSell40,100$12.61$505,661.00View SEC Filing  
11/22/2016Brian SkuttaEVPSell4,081$12.81$52,277.61View SEC Filing  
11/21/2016John PierantoniSVPSell1,769$12.75$22,554.75View SEC Filing  
11/17/2016Neeraj GunsagarEVPSell5,000$12.77$63,850.00View SEC Filing  
8/9/2016John KrafcikDirectorSell16,541$10.68$176,657.88View SEC Filing  
8/2/2016Services Automobile Ass UnitedMajor ShareholderSell200,000$9.54$1,908,000.00View SEC Filing  
7/6/2016Services Automobile Ass UnitedMajor ShareholderSell30,000$7.92$237,600.00View SEC Filing  
7/5/2016Services Automobile Ass UnitedMajor ShareholderSell170,000$7.91$1,344,700.00View SEC Filing  
6/2/2016Services Automobile Ass UnitedMajor ShareholderSell200,000$7.23$1,446,000.00View SEC Filing  
5/2/2016Services Automobile Ass UnitedMajor ShareholderSell200,000$6.38$1,276,000.00View SEC Filing  
4/5/2016Services Automobile Ass UnitedMajor ShareholderSell10,000$5.23$52,300.00View SEC Filing  
4/4/2016Services Automobile Ass UnitedMajor ShareholderSell190,000$5.32$1,010,800.00View SEC Filing  
3/9/2016Christopher W ClausDirectorBuy5,000$5.70$28,500.00View SEC Filing  
3/3/2016Services Automobile Ass UnitedMajor ShareholderSell200,000$6.01$1,202,000.00View SEC Filing  
3/2/2016Christopher W ClausDirectorBuy5,000$5.80$29,000.00View SEC Filing  
2/2/2016Services Automobile Ass Unitedmajor shareholderSell200,000$6.10$1,220,000.00View SEC Filing  
1/4/2016Services Automobile Ass UnitedMajor ShareholderSell200,000$8.79$1,758,000.00View SEC Filing  
12/1/2015Services Automobile Ass UnitedMajor ShareholderSell200,000$7.83$1,566,000.00View SEC Filing  
11/25/2015Bernard BrennerEVPSell5,000$8.74$43,700.00View SEC Filing  
11/24/2015Bernard BrennerEVPSell10,000$8.62$86,200.00View SEC Filing  
11/3/2015Services Automobile Ass Unitedmajor shareholderSell200,000$6.19$1,238,000.00View SEC Filing  
10/6/2015Services Automobile Ass UnitedMajor ShareholderSell62,580$6.13$383,615.40View SEC Filing  
10/5/2015Services Automobile Ass UnitedMajor ShareholderSell137,420$6.01$825,894.20View SEC Filing  
9/14/2015Services Automobile Ass UnitedMajor ShareholderSell19,347$6.02$116,468.94View SEC Filing  
9/11/2015Services Automobile Ass UnitedMajor ShareholderSell14,220$6.00$85,320.00View SEC Filing  
9/10/2015Services Automobile Ass UnitedMajor ShareholderSell52,821$6.01$317,454.21View SEC Filing  
9/9/2015Services Automobile Ass UnitedMajor ShareholderSell22,619$6.01$135,940.19View SEC Filing  
9/8/2015Services Automobile Ass UnitedMajor ShareholderSell90,993$6.04$549,597.72View SEC Filing  
8/12/2015John PierantoniCAOBuy5,000$5.66$28,300.00View SEC Filing  
5/13/2015Scott PainterCEOBuy13,885$14.24$197,722.40View SEC Filing  
5/12/2015John KrafcikPresidentBuy7,500$13.48$101,100.00View SEC Filing  
2/25/2015Steven J DietzDirectorBuy2,000$17.62$35,240.00View SEC Filing  
2/24/2015Scott PainterCEOBuy70,000$17.53$1,227,100.00View SEC Filing  
11/21/2014Christopher W ClausDirectorBuy10,000$17.80$178,000.00View SEC Filing  
11/17/2014Bernard BrennerEVPSell100,000$17.00$1,700,000.00View SEC Filing  
11/17/2014Ion YadigarogluDirectorSell500,000$17.00$8,500,000.00View SEC Filing  
11/17/2014Scott PainterCEOBuy29,411$17.00$499,987.00View SEC Filing  
11/17/2014Services Automobile Ass UnitedMajor ShareholderSell3,000,000$17.00$51,000,000.00View SEC Filing  
11/17/2014Thomas TairaInsiderSell125,000$17.00$2,125,000.00View SEC Filing  
11/14/2014Christopher W ClausDirectorBuy20,000$16.88$337,600.00View SEC Filing  
11/12/2014John PierantoniCAOBuy3,000$17.00$51,000.00View SEC Filing  
11/12/2014Steven J DietzDirectorBuy7,500$17.52$131,400.00View SEC Filing  
8/18/2014Steven J DietzDirectorBuy1,400$16.06$22,484.00View SEC Filing  
8/13/2014Steven J DietzDirectorBuy1,800$15.12$27,216.00View SEC Filing  
8/12/2014Christopher W ClausDirectorBuy30,000$14.18$425,400.00View SEC Filing  
8/12/2014Scott PainterCEOBuy20,976$14.14$296,600.64View SEC Filing  
5/30/2014John KrafcikPresidentBuy9,041$10.89$98,456.49View SEC Filing  
5/29/2014Scott PainterCEOBuy100,000$10.33$1,033,000.00View SEC Filing  
5/23/2014Thomas TairaInsiderBuy8,000$9.76$78,080.00View SEC Filing  
5/21/2014Scott PainterCEOBuy166,600$9.00$1,499,400.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for TrueCar (NASDAQ:TRUE)
Latest Headlines for TrueCar (NASDAQ:TRUE)
DateHeadline logoFifth Consecutive Month of Slowing Sales Results in Revised Forecast for 2017 - May 26 at 7:52 AM logoIs TrueCar (TRUE) a Great Growth Stock? - May 23 at 7:43 PM logoForm 4 TrueCar, Inc. For: May 18 Filed by: Mendel John W - - May 23 at 8:45 AM logoTrueCar Inc (TRUE) Given Consensus Rating of "Buy" by Brokerages - May 22 at 8:02 AM logoTrueCar Inc. Is Trading Near 52-Week High, Here's What You Should Know - May 19 at 6:18 PM logoTrueCar Inc (TRUE) Upgraded by TheStreet to C - May 17 at 5:56 PM logoQ2 2017 Earnings Estimate for TrueCar Inc Issued By B. Riley (TRUE) - May 15 at 7:06 AM logoTrueCar Inc (TRUE) Expected to Post Q2 2017 Earnings of ($0.08) Per Share - May 15 at 7:04 AM logoTrueCar Inc (TRUE) PT Raised to $22.00 at Royal Bank of Canada - May 14 at 5:14 PM logoTrueCar Inc (TRUE) Price Target Raised to $23.00 at Craig Hallum - May 14 at 3:26 PM logoTrueCar, Inc 2017 Q1 - Results - Earnings Call Slides - May 13 at 2:11 AM logo2014 Internet IPO TrueCar Earns IBD Composite Rating Upgrade - May 13 at 2:11 AM logo4 Graphs Investors Need to See From TrueCar's First Quarter - May 13 at 2:11 AM logoTrueCar Inc (TRUE) Earns Buy Rating from B. Riley - May 12 at 11:56 PM logoTrueCar Inc (TRUE) Sees Significant Decrease in Short Interest - May 12 at 7:06 AM logoTrueCar partners with eBay Motors on new car buying program - L.A. Biz - May 11 at 1:19 AM logoWhat Investors Need to Know From TrueCar's Third Consecutive Strong Quarter - May 10 at 8:17 PM logoEdited Transcript of TRUE earnings conference call or presentation 9-May-17 8:30pm GMT - May 10 at 8:17 PM logoTrueCar Partners with eBay Motors to Launch a New Car Buying ... - Business Wire (press release) - May 10 at 3:16 PM logoTrueCar's Loss Narrows as Revenue Rises 22% - May 10 at 3:16 PM logoTrueCar Inc (TRUE) Issues Quarterly Earnings Results - May 10 at 3:10 PM logoTrueCar Partners with eBay Motors to Launch a New Car Buying Program - May 10 at 10:11 AM logoBRIEF-Truecar reports Q1 non-GAAP loss per share $0.01 - May 9 at 7:50 PM logoInvestor Network: TrueCar, Inc. to Host Earnings Call - May 9 at 7:50 PM logoTrueCar Reports First Quarter 2017 Financial Results - May 9 at 7:50 PM logoTrueCar reports 1Q loss - May 9 at 7:50 PM logoTrueCar's (TRUE) Buy Rating Reaffirmed at B. Riley - May 7 at 5:14 PM logoTrueCar Inc (TRUE) Major Shareholder Services Automobile Ass United Sells 3,132,343 Shares - May 5 at 11:58 PM logoTrueCar Inc (TRUE) Insider Ii L.P. Upfront Sells 1,725,000 Shares - May 5 at 11:58 PM logoTrueCar Inc (TRUE) Director Steven J. Dietz Sells 1,320,692 Shares - May 5 at 11:58 PM logo Brokerages Anticipate TrueCar Inc (TRUE) Will Post Earnings of -$0.09 Per Share - May 5 at 4:19 PM logoZacks Investment Research Upgrades TrueCar Inc (TRUE) to "Buy" - May 5 at 8:32 AM logoIi L.P. Upfront Sells 1,725,000 Shares of TrueCar Inc (TRUE) Stock - May 4 at 11:48 PM logoServices Automobile Ass United Sells 3,132,343 Shares of TrueCar Inc (TRUE) Stock - May 4 at 3:18 PM logoFavorable Media Coverage Somewhat Likely to Affect TrueCar (TRUE) Share Price - May 4 at 2:50 PM logoB. Riley Weighs in on TrueCar Inc's Q1 2017 Earnings (TRUE) - May 4 at 10:46 AM logoApril Auto Sales See Declines Across The Board: Gas Guzzlers In, Cars Out - May 2 at 2:50 PM logoAutomakers Should See $48 Billion in Revenue in New Vehicle Sales in April - May 2 at 8:46 AM logoTrueCar (TRUE) Getting Somewhat Favorable Media Coverage, Report Finds - May 1 at 7:14 PM logoTrueCar Inc (TRUE) Set to Announce Quarterly Earnings on Wednesday - May 1 at 5:52 PM logoA $50,000 Chrysler Minivan Explains Slowing U.S. Auto Sales - May 1 at 10:46 AM logoBRIEF-TrueCar says auto sales to fall in April - May 1 at 10:46 AM logoAuto Sales Expected to Decline in April for 4th Straight Month - May 1 at 10:46 AM logoTrueCar to Announce First Quarter 2017 Financial Results on May 9 - April 28 at 11:14 PM logoTrueCar (TRUE) Earning Somewhat Positive Media Coverage, Analysis Shows - April 27 at 1:04 PM logoTrueCar Announces Pricing of Public Offering - GlobeNewswire (press release) - April 27 at 9:34 AM logoTrueCar Announces Pricing of Public Offering - April 27 at 9:34 AM logoTrueCar Inc (TRUE) Receives Consensus Recommendation of "Buy" from Brokerages - April 25 at 1:18 PM logoTrueCar (TRUE) Given Coverage Optimism Rating of 0.10 - April 24 at 6:50 PM logoTrueCar (TRUE) Reports 8.5M Share Public Offering - April 24 at 6:42 PM



TrueCar (TRUE) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff