NASDAQ:TRUE TrueCar (TRUE) Stock Price, News & Analysis $3.75 -0.04 (-1.06%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$3.73▼$3.9350-Day Range$2.76▼$3.8152-Week Range$1.76▼$4.05Volume279,132 shsAverage Volume199,420 shsMarket Capitalization$343.39 millionP/E RatioN/ADividend YieldN/APrice Target$4.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get TrueCar alerts: Email Address TrueCar MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside6.7% Upside$4.00 Price TargetShort InterestHealthy0.63% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.11Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.23) to ($0.14) 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.0.52 out of 5 starsComputer And Technology Sector579th out of 612 stocksComputer Programming, Data Processing, & Other Computer Related Industry52nd out of 60 stocks 1.3 Analyst's Opinion Consensus RatingTrueCar has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTrueCar has only been the subject of 1 research reports in the past 90 days.Read more about TrueCar's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.63% of the float of TrueCar has been sold short.Short Interest Ratio / Days to CoverTrueCar has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TrueCar has recently increased by 12.12%, indicating that investor sentiment is decreasing 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 0.11. 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 0.53 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.Search InterestOnly 1 people have searched for TRUE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added TrueCar to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TrueCar insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.30% of the stock of TrueCar is held by insiders.Percentage Held by Institutions79.44% of the stock of TrueCar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about TrueCar's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TrueCar are expected to grow in the coming year, from ($0.23) to ($0.14) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueCar is -9.37, 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 -9.37, 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 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about TrueCar's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here 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 HeadlinesJuly 24 at 11:41 AM | finance.yahoo.comOnline Car Buying Market Size to Hit $751.83 billion by 2031, growing at a CAGR of 12.5%, says Coherent Market InsightsJuly 23 at 9:00 AM | prnewswire.comTrueCar to Announce Second Quarter 2024 Financial Results in Stockholder Letter on August 5July 26, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.July 20, 2024 | msn.comV8 Engine and 562 HP: This was Kobe Bryant's FerrariJuly 20, 2024 | msn.comThe worst deals on cars right now, according to Consumer ReportsJuly 17, 2024 | prnewswire.comTrueCar Continues to Revolutionize the Car Buying Experience with the Launch of the New TrueCar+May 28, 2024 | msn.com10 Fastest Factory Turbocharged Sports Cars In 2024May 22, 2024 | msn.comNHTSA Opens Recall Investigation For Over 51,000 Volkswagen ID.4 EVsJuly 26, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.May 21, 2024 | finance.yahoo.comInstitutional investors control 51% of TrueCar, Inc. (NASDAQ:TRUE) and were rewarded last week after stock increased 13%May 19, 2024 | latimes.comOded NoyMay 18, 2024 | msn.comHow the Silicon Valley Bank Collapse Impacts the Auto IndustryMay 18, 2024 | msn.comCars Are the Last Holdout of the Exploding Online Purchasing Trend—But That's About to ChangeMay 15, 2024 | finance.yahoo.comTrueCar, Inc. (TRUE)May 6, 2024 | msn.comThe Best Hybrid Car Deals And Incentives Going On Right Now: May 2024May 3, 2024 | msn.comThe Mazda MX-5 Miata Lost Sight of Its Best AttributeMay 2, 2024 | msn.comNew Ram Flagship Truck Above RHO Coming Soon?May 2, 2024 | msn.comA Collector's Curveball: Exploring the Futuristic Car Owned by Playboi CartiSee 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 Earnings4/29/2024Today7/26/2024Next Earnings (Confirmed)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer programming, data processing, & other computer related Sub-IndustryComputer Software Current SymbolNASDAQ:TRUE CUSIPN/A CIK1327318 Webwww.truecar.com Phone(800) 200-2000FaxN/AEmployees440Year FoundedN/APrice Target and Rating Average Stock Price Target$4.00 High Stock Price Target$4.00 Low Stock Price Target$4.00 Potential Upside/Downside+6.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.40) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-49,770,000.00 Net Margins-22.15% Pretax Margin-22.14% Return on Equity-17.26% Return on Assets-13.38% Debt Debt-to-Equity RatioN/A Current Ratio5.80 Quick Ratio5.80 Sales & Book Value Annual Sales$158.71 million Price / Sales2.18 Cash FlowN/A Price / Cash FlowN/A Book Value$1.76 per share Price / Book2.14Miscellaneous Outstanding Shares91,570,000Free Float88,552,000Market Cap$345.22 million OptionableOptionable Beta1.88 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsSynacorNASDAQ:SYNCAurora MobileNASDAQ:JGHealthStreamNASDAQ:HSTMVTEXNYSE:VTEXCourseraNYSE:COURView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 34,045 shares on 7/26/2024Ownership: 0.363%Assenagon Asset Management S.A.Bought 67,141 shares on 7/18/2024Ownership: 0.073%SG Americas Securities LLCSold 15,910 shares on 7/12/2024Ownership: 0.017%Boston PartnersBought 29,025 shares on 5/28/2024Ownership: 0.143%California State Teachers Retirement SystemSold 5,738 shares on 5/16/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions TRUE Stock Analysis - Frequently Asked Questions How have TRUE shares performed this year? TrueCar's stock was trading at $3.46 at the beginning of 2024. Since then, TRUE stock has increased by 8.4% and is now trading at $3.75. View the best growth stocks for 2024 here. How were TrueCar's earnings last quarter? TrueCar, Inc. (NASDAQ:TRUE) announced its earnings results on Monday, April, 29th. The technology company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.01. The technology company had revenue of $41.05 million for the quarter, compared to analyst estimates of $41.21 million. TrueCar had a negative trailing twelve-month return on equity of 17.26% and a negative net margin of 22.15%. 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. Who are TrueCar's major shareholders? Top institutional investors of TrueCar include Bank of New York Mellon Corp (0.36%), Assenagon Asset Management S.A. (0.07%) and SG Americas Securities LLC (0.02%). Insiders that own company stock include Michael Darrow, Jeff Swart, Christopher W Claus, Brendan L Harrington 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. What other stocks do shareholders of TrueCar own? Based on aggregate information from My MarketBeat watchlists, some other companies that TrueCar investors own include Twitter (TWTR), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Intel (INTC), Boeing (BA) and Gilead Sciences (GILD). This page (NASDAQ:TRUE) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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