TrueCar, Inc. offers a diverse software ecosystem for buying cars. The Company's software ecosystem is based on a common technology infrastructure, and powered by data and analytics. The Company operates its platform on the TrueCar Website and its branded mobile experience. 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 enterprises. Its network of approximately 11,000 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. It obtains automobile purchase data from various sources and uses this data to provide consumers and dealers with geographically specific, real-time pricing information.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Internet Service Providers
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: TRUE
- Previous Close: $13.25
- 50 Day Moving Average: $12.99
- 200 Day Moving Average: $11.16
- 52-Week Range: $4.42 - $15.26
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 143.80
- P/E Growth: -6.83
- Market Cap: $1.23B
- Outstanding Shares: 85,697,000
- Beta: 3.11
- Net Margins: -22.92%
- Return on Equity: -22.29%
- Return on Assets: -17.19%
Companies Related to TrueCar:
- Debt-to-Equity Ratio: 0.13%
- Current Ratio: 4.42%
- Quick Ratio: 4.42%
What is TrueCar's stock symbol?
TrueCar trades on the NASDAQ under the ticker symbol "TRUE."
Where is TrueCar's stock going? Where will TrueCar's stock price be in 2017?
11 brokerages have issued 1 year price objectives for TrueCar's stock. Their predictions range from $6.00 to $19.00. On average, they expect TrueCar's share price to reach $12.69 in the next twelve months.
When will TrueCar announce their earnings?
TrueCar is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.
What are analysts saying about TrueCar stock?
Here are some recent quotes from research analysts about TrueCar stock:
RBC Capital Markets 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)
- 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)
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 TrueCar.com 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. " (1/5/2017)
Who owns TrueCar stock?
TrueCar's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (1.14%), Davidson Kempner Capital Management LP (1.05%), Lucha Capital Management LP (0.42%), Russell Investments Group Ltd. (0.18%), Marshall Wace LLP (0.11%) and State Board of Administration of Florida Retirement System (0.10%). Company insiders that own TrueCar stock include Bernard Brenner, Brian Skutta, Christopher W Claus, John Krafcik, John Pierantoni, Neeraj Gunsagar, Robert Buce, Scott Painter, Services Automobile Ass United and Steven J Dietz.
Who bought TrueCar stock? Who is buying TrueCar stock?
TrueCar's stock was bought by a variety of institutional investors in the last quarter, including Lucha Capital Management LP, Russell Investments Group Ltd., Marshall Wace LLP, Two Sigma Investments LP, Davidson Kempner Capital Management LP, State Board of Administration of Florida Retirement System, State Street Corp and Bayesian Capital Management LP. Company insiders that have bought TrueCar stock in the last two years include Christopher W Claus, John Krafcik, John Pierantoni, Scott Painter and Steven J Dietz.
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 $14.38.