NASDAQ:TRUE - TrueCar Stock Price, News, & Analysis

$5.41
-0.01 (-0.18 %)
(As of 06/20/2019 01:34 AM ET)
Today's Range
$5.38
Now: $5.41
$5.49
50-Day Range
$5.09
MA: $6.16
$7.03
52-Week Range
$5.02
Now: $5.41
$14.55
Volume1.30 million shs
Average Volume1.55 million shs
Market Capitalization$569.61 million
P/E RatioN/A
Dividend YieldN/A
Beta1.86
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$353.57 million
Book Value$3.33 per share

Profitability

Net Income$-28,320,000.00

Miscellaneous

Employees773
Market Cap$569.61 million
Next Earnings Date8/8/2019 (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) posted its quarterly earnings data on Thursday, May, 9th. The technology company reported ($0.09) EPS for the quarter, beating the Zacks' consensus estimate of ($0.10) by $0.01. The technology company had revenue of $85.60 million for the quarter, compared to the consensus estimate of $84.99 million. TrueCar had a negative net margin of 9.39% and a negative return on equity of 7.97%. The firm's revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.01 EPS. View TrueCar's Earnings History.

When is TrueCar's next earnings date?

TrueCar is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for TrueCar.

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

TrueCar issued an update on its second quarter 2019 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $88.5-90.5 million, compared to the consensus revenue estimate of $91.98 million.TrueCar also updated its FY 2019 guidance to EPS.

What price target have analysts set for TRUE?

10 equities research analysts have issued 12-month target prices for TrueCar's shares. Their forecasts range from $6.00 to $13.00. On average, they anticipate TrueCar's share price to reach $9.4050 in the next year. This suggests a possible upside of 73.8% 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. 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)
  • 2. 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. " (2/21/2019)

Has TrueCar been receiving favorable news coverage?

Media headlines about TRUE stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. 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 media sentiment score of -1.1 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely 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 decline in short interest in May. As of May 31st, there was short interest totalling 7,051,000 shares, a decline of 22.5% from the April 30th total of 9,103,600 shares. Based on an average trading volume of 1,820,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 7.8% of the company's stock are short sold. 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 Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA), Twitter (TWTR), Caterpillar (CAT), Micron Technology (MU), Alibaba Group (BABA), Gilead Sciences (GILD), Starbucks (SBUX) and Sirius XM (SIRI).

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 retail and institutional investors. Top institutional investors include Cowen Prime Services LLC (0.80%), Stephens Inc. AR (0.69%), SG Americas Securities LLC (0.55%), Assenagon Asset Management S.A. (0.16%), Bank of Montreal Can (0.14%) and Acadian Asset Management LLC (0.06%). Company insiders that own TrueCar stock include Brian Skutta, Ion Yadigaroglu, Jeff Swart, John Krafcik, John Pierantoni, Michael Guthrie, Neeraj Gunsagar, Robert Buce and Robert Mcclung. 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 Cowen Prime Services LLC, Bank of Montreal Can and Zurcher Kantonalbank Zurich Cantonalbank. Company insiders that have sold TrueCar company stock in the last year include Jeff Swart, John Pierantoni, Neeraj Gunsagar and Robert Mcclung. View Insider Buying and Selling for TrueCar.

Which major investors are buying TrueCar stock?

TRUE stock was bought by a variety of institutional investors in the last quarter, including Cowen Prime Services LLC, SG Americas Securities LLC, Assenagon Asset Management S.A., Stephens Inc. AR, Acadian Asset Management LLC, Alambic Investment Management L.P., Marshall Wace LLP and Marshall Wace North America L.P.. 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, Scottrade, Fidelity and Charles Schwab.

What is TrueCar's stock price today?

One share of TRUE stock can currently be purchased for approximately $5.41.

How big of a company is TrueCar?

TrueCar has a market capitalization of $569.61 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?

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:  380 (Vote Outperform)
Underperform Votes:  492 (Vote Underperform)
Total Votes:  872
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 6/20/2019 by MarketBeat.com Staff

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