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NASDAQ:TRUE - TrueCar Stock Price, Forecast & News

$3.48
-0.43 (-11.00 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$2.60
Now: $3.48
$3.75
50-Day Range
$3.48
MA: $4.02
$4.77
52-Week Range
$2.60
Now: $3.48
$7.84
Volume6.55 million shs
Average Volume892,460 shs
Market Capitalization$370.97 million
P/E RatioN/A
Dividend YieldN/A
Beta1.49
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. Read More…

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:TRUE
CUSIPN/A
Phone800-200-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$353.88 million
Book Value$3.33 per share

Profitability

Net Income$-28,320,000.00

Miscellaneous

Employees773
Market Cap$370.97 million
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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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 earnings results on Thursday, August, 8th. The technology company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.06. The technology company earned $88.08 million during the quarter, compared to analysts' expectations of $89.20 million. TrueCar had a negative return on equity of 12.42% and a negative net margin of 15.51%. The company's quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the company earned $0.03 earnings per share. View TrueCar's Earnings History.

When is TrueCar's next earnings date?

TrueCar is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for TrueCar.

What guidance has TrueCar issued on next quarter's earnings?

TrueCar issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $335-355 million, compared to the consensus revenue estimate of $367.46 million.

What price target have analysts set for TRUE?

12 brokerages have issued 1 year price objectives for TrueCar's stock. Their forecasts range from $3.50 to $11.00. On average, they expect TrueCar's share price to reach $5.50 in the next year. This suggests a possible upside of 58.0% from the stock's current price. View Analyst Price Targets for TrueCar.

What is the consensus analysts' recommendation for TrueCar?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 1 sell rating, 10 hold ratings and 1 buy rating 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. " (1/14/2020)
  • 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?

Headlines about TRUE stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TrueCar earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for TrueCar.

Are investors shorting TrueCar?

TrueCar saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 13,040,000 shares, an increase of 6.4% from the January 15th total of 12,260,000 shares. Based on an average trading volume of 1,560,000 shares, the short-interest ratio is presently 8.4 days. Currently, 13.6% of the shares of the stock are sold short. View TrueCar's Current Options Chain.

Who are some of TrueCar's key competitors?

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), Tesla (TSLA), NVIDIA (NVDA), Freeport-McMoRan (FCX), General Motors (GM), Gilead Sciences (GILD), Skyworks Solutions (SWKS), Caterpillar (CAT), Advanced Micro Devices (AMD) and GoPro (GPRO).

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 shareholders include UBS Group AG (9.13%), Goldman Sachs Group Inc. (3.49%), Renaissance Technologies LLC (2.22%), Philadelphia Financial Management of San Francisco LLC (2.19%), State Street Corp (2.04%) and Jacobs Levy Equity Management Inc. (1.81%). Company insiders that own TrueCar stock include Jeff Swart, John Pierantoni, Neeraj Gunsagar, Robert Mcclung and Simon Edward Smith. View Institutional Ownership Trends for TrueCar.

Which major investors are selling TrueCar stock?

TRUE stock was sold by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Bank of America Corp DE, Virtu Financial LLC, Citigroup Inc. and UBS Asset Management Americas Inc.. Company insiders that have sold TrueCar company stock in the last year include Robert Mcclung and Simon Edward Smith. View Insider Buying and Selling for TrueCar.

Which major investors are buying TrueCar stock?

TRUE stock was acquired by a variety of institutional investors in the last quarter, including UBS Group AG, Philadelphia Financial Management of San Francisco LLC, Renaissance Technologies LLC, Cooper Creek Partners Management LLC, Goldman Sachs Group Inc., SG Americas Securities LLC, Landscape Capital Management L.L.C. and Barrow Hanley Mewhinney & Strauss 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 $3.48.

How big of a company is TrueCar?

TrueCar has a market capitalization of $370.97 million and generates $353.88 million in revenue each year. The technology company earns $-28,320,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. TrueCar employs 773 workers across the globe.View Additional Information About TrueCar.

What is TrueCar's official website?

The official website for TrueCar is http://www.truecar.com/.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  458 (Vote Outperform)
Underperform Votes:  591 (Vote Underperform)
Total Votes:  1,049
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.
This page was last updated on 2/23/2020 by MarketBeat.com Staff

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