TrueCar, Inc, together with its subsidiaries, 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. The company also customizes and operates its platform for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for large enterprises.
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Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone800-200-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$353.57 million
Profitability
Miscellaneous
Employees773
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable
TrueCar (NASDAQ:TRUE) Frequently Asked Questions
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) released its quarterly earnings results on Thursday, August, 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.06. The technology company had revenue of $88.08 million for the quarter, compared to analyst estimates of $89.20 million. TrueCar had a negative net margin of 14.25% and a negative return on equity of 11.45%. The business's revenue for the quarter was up .3% on a year-over-year basis. During the same period in the previous year, the company earned $0.03 earnings per share. View TrueCar's Earnings History.
When is TrueCar's next earnings date?
What guidance has TrueCar issued on next quarter's earnings?
TrueCar updated its third quarter 2019 earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $87-89 million, compared to the consensus revenue estimate of $95.77 million.
What price target have analysts set for TRUE?
10 brokers have issued twelve-month target prices for TrueCar's shares. Their forecasts range from $4.50 to $11.00. On average, they anticipate TrueCar's share price to reach $8.0056 in the next year. This suggests a possible upside of 118.7% from the stock's current price. View Analyst Price Targets for TrueCar.
What is the consensus analysts' recommendation for TrueCar?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 1 sell rating and 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TrueCar.
What are Wall Street 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 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. " (7/27/2019)
- 2. SunTrust Banks, Inc. analysts commented, "We’re maintaining a Hold rating as we await signs of traction on the growth initiatives. 1Q Earnings Recap. TRUE reported revenue/Adj. EBITDA of $85.6M (+9.6% Y/Y) /$5.1M, above consensus of $85.0M/$4.4M and fairly in-line with management outlook of $84-86M/$3-5M. We note that Science contributed ~$2.4M in revenue in 1Q." (5/14/2019)
Has TrueCar been receiving favorable news coverage?
Media stories about TRUE stock have been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TrueCar earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for TrueCar.
Are investors shorting TrueCar?
TrueCar saw a drop in short interest in August. As of August 31st, there was short interest totalling 8,945,500 shares, a drop of 7.1% from the July 31st total of 9,627,400 shares. Based on an average daily volume of 1,900,000 shares, the days-to-cover ratio is presently 4.7 days. Approximately 9.4% of the shares of the stock are sold short. View TrueCar's Current Options Chain.
Who are some of TrueCar's key competitors?
Some companies that are related to TrueCar include Eventbrite (EB), Health Catalyst (HCAT), Qutoutiao (QTT), Internet Initiative Japan (IIJIY), 21Vianet Group (VNET), Model N (MODN), Internet Initiative Japan (IIJI), HealthStream (HSTM), Cardlytics (CDLX), The Rubicon Project (RUBI), Jianpu Technology (JT), Aurora Mobile (JG), Pintec Technology (PT), Internap (INAP) and Synacor (SYNC).
What other stocks do shareholders of TrueCar own?
Who are TrueCar's key executives?
TrueCar's management team includes the folowing people:
- Mr. Victor Anthony Perry III, Pres, CEO & Director (Age 65)
- Mr. Neeraj Gunsagar, Exec. VP & Chief Marketing Officer (Age 42)
- Mr. Brian Skutta, Exec. VP of Dealer Sales & Service (Age 42)
- Mr. Michael Darrow, Exec. VP of OEM & Partner Devel. (Age 61)
- Mr. Charles C. Thomas, Principal Financial Officer & Principal Accounting Officer (Age 34)
Who are TrueCar's major shareholders?
TrueCar's stock is owned by a number of of institutional and retail investors. Top institutional investors include Par Capital Management Inc. (9.78%), Vanguard Group Inc. (7.76%), BlackRock Inc. (7.33%), UBS Group AG (4.60%), Morgan Stanley (4.00%) and D. E. Shaw & Co. Inc. (2.27%). Company insiders that own TrueCar stock include Jeff Swart, John Pierantoni, Neeraj Gunsagar and Robert Mcclung. View Institutional Ownership Trends for TrueCar.
Which institutional investors are selling TrueCar stock?
TRUE stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Cowen Prime Services LLC, Stephens Inc. AR, Invesco Ltd., State Board of Administration of Florida Retirement System, Wells Fargo & Company MN, BNP Paribas Arbitrage SA and Quantamental Technologies LLC. View Insider Buying and Selling for TrueCar.
Which institutional investors are buying TrueCar stock?
TRUE stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Morgan Stanley, BlackRock Inc., Vanguard Group Inc., D. E. Shaw & Co. Inc., Par Capital Management Inc., JPMorgan Chase & Co. and Nuveen Asset Management LLC. View Insider Buying and Selling for TrueCar.
How do I buy shares of TrueCar?
Shares of TRUE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is TrueCar's stock price today?
One share of TRUE stock can currently be purchased for approximately $3.66.
How big of a company is TrueCar?
TrueCar has a market capitalization of $388.62 million and generates $353.57 million in revenue each year. The technology company earns $-28,320,000.00 in net income (profit) each year or ($0.26) on an earnings per share basis. TrueCar employs 773 workers across the globe.View Additional Information About TrueCar.
What is TrueCar's official website?
How can I contact TrueCar?
TrueCar's mailing address is 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401. The technology company can be reached via phone at 800-200-2000 or via email at [email protected]
MarketBeat Community Rating for TrueCar (NASDAQ TRUE)
MarketBeat's community ratings are surveys of what our community members think about TrueCar and other stocks. Vote "Outperform" if you believe TRUE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRUE will underperform the S&P 500 over the long term. You may vote once every thirty days.
