NASDAQ:TRUE TrueCar Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TrueCar, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $2.62 +0.03 (+1.16%) (As of 07/1/2022 03:59 PM ET) Add Compare Share Today's Range$2.54▼$2.6350-Day Range$2.55▼$3.8052-Week Range$2.51▼$5.78Volume15,519 shsAverage Volume690,228 shsMarket Capitalization$245.20 millionP/E RatioN/ADividend YieldN/APrice Target$4.31 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TrueCar MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside64.6% Upside$4.31 Price TargetShort InterestHealthy4.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 2 Articles This WeekInsider TradingSelling Shares$34,841 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.63) to ($0.56) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.52 out of 5 starsComputer And Technology Sector553rd out of 936 stocksComputer Programming, Data Processing, & Other Computer Related Industry58th out of 94 stocks 3.1 Analyst's Opinion Consensus RatingTrueCar has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.31, TrueCar has a forecasted upside of 64.6% from its current price of $2.62.Amount of Analyst CoverageTrueCar has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.20% of the float of TrueCar has been sold short.Short Interest Ratio / Days to CoverTrueCar has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in TrueCar has recently decreased by 6.72%, indicating that investor sentiment is improving 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 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRUE. Previous Next 1.3 News and Social Media Coverage News SentimentTrueCar has a news sentiment score of 0.39. 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 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for TrueCar this week, compared to 3 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TrueCar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $34,841.00 in company stock.Percentage Held by InsidersOnly 3.70% of the stock of TrueCar is held by insiders. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for TrueCar are expected to grow in the coming year, from ($0.63) to ($0.56) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueCar is -6.09, 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 -6.09, 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 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 About TrueCar (NASDAQ:TRUE) StockTrueCar, 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 accurate, geographically specific, and real-time pricing information for consumers and dealers; 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. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.Read More TRUE Stock News HeadlinesJune 29, 2022 | finance.yahoo.comTrueCar Releases Analysis of June and 2022 Second Quarter Industry SalesJune 25, 2022 | americanbankingnews.comAnalysts Set TrueCar, Inc. (NASDAQ:TRUE) Price Target at $4.31July 4, 2022 | Vantage Point (Ad)Simple Strategies to Profit in This MarketLearn strategies for how to make money no matter the market direction. Save your seat at our FREE, LIVE online class. Find out how to navigate volatility and choppy markets. June 21, 2022 | businesswire.comKaia Health Appoints Industry Veterans as CTO and CPO to Solidify Digital Therapeutics Leadership Position - Business WireJune 17, 2022 | bizjournals.comAllyson Felix's Saysh gets investment from Athleta (plus other LA tech news) - The Business JournalsJune 11, 2022 | finance.yahoo.comLow inventory is warping the new and used car markets, and it’s starting to drive up inflation - Yahoo FinanceJune 11, 2022 | fortune.comLow inventory is warping the new and used car markets, and it’s starting to drive up inflation - FortuneJune 7, 2022 | benzinga.comTrueCar Scoops Digital Motors To Drive Digital Car Transactional Experience - Benzinga - BenzingaJuly 4, 2022 | Tradewins (Ad)Trading With A Small Account?If you’ve been told it’s not doable, you’ve been lied to! Hi, I’m pro-trader Chuck Hughes and I grew my once tiny investment into an empire! If you want to do the same–or simply want to feel more secure in your finances–”Options Trading Made Easy” is the guide you need. Get a copy here! June 6, 2022 | seekingalpha.comTrueCar acquires Digital Motors; terms undisclosed (NASDAQ:TRUE) - Seeking AlphaJune 6, 2022 | finance.yahoo.comTrueCar Acquires Digital Motors, an Automotive Retail and Financial Technology PlatformMay 30, 2022 | benzinga.comInsights on the Used Car Global Market to 2030 - Use of Digital Technologies on Online Platforms in the Used Car Market Presents Opportunities - BenzingaMay 25, 2022 | finance.yahoo.comTrueCar Releases Analysis of May Industry SalesMay 23, 2022 | finance.yahoo.comTrueCar Honors Gold Star Family by Awarding Daughter with Brand New Vehicle Through DrivenToDrive InitiativeMay 16, 2022 | finance.yahoo.comInsiders who purchased TrueCar, Inc. (NASDAQ:TRUE) earlier this year lose an additional US$49k as the stock sinks to US$3.17 - Yahoo FinanceMay 16, 2022 | finance.yahoo.comInsiders who purchased TrueCar, Inc. (NASDAQ:TRUE) earlier this year lose an additional US$49k as the stock sinks to US$3.17May 16, 2022 | finance.yahoo.comInsiders who purchased TrueCar, Inc. (NASDAQ:TRUE) earlier this year lose an additional US$49k as the stock sinks to US$3.17May 11, 2022 | benzinga.com4 Analysts Have This to Say About TrueCar - Benzinga - BenzingaMay 11, 2022 | fool.comTrueCar (TRUE) Q1 2022 Earnings Call Transcript - The Motley FoolMay 11, 2022 | finance.yahoo.comTrueCar (TRUE) Q1 2022 Earnings Call TranscriptMay 10, 2022 | seekingalpha.comTrueCar, Inc. (TRUE) CEO Mike Darrow on Q1 2022 Results - Earnings Call Transcript - Seeking AlphaMay 9, 2022 | in.investing.comTrueCar Misses Q1 EPS by 6c By Investing.com - Investing.com IndiaMay 9, 2022 | seekingalpha.comTrueCar GAAP EPS of -$0.13 beats by $0.01, revenue of $43.53M misses by $2.53M (NASDAQ:TRUE) - Seeking AlphaMay 9, 2022 | finance.yahoo.comTrueCar Releases First Quarter 2022 Financial Results and Stockholder LetterMay 8, 2022 | finance.yahoo.comTrueCar Named in the Top 100 Most Consumer-Centric Companies of 2022 - Yahoo FinanceMay 6, 2022 | seekingalpha.comTrueCar Q1 2022 Earnings Preview (NASDAQ:TRUE) - Seeking AlphaMay 6, 2022 | finance.yahoo.comTrueCar Named in the Top 100 Most Consumer-Centric Companies of 2022See More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TRUE CUSIPN/A CIK1327318 Webwww.truecar.com Phone(800) 200-2000FaxN/AEmployees428Year FoundedN/ACompany Calendar Last Earnings5/09/2022Today7/04/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$4.31 High Stock Price Forecast$6.00 Low Stock Price Forecast$3.50 Forecasted Upside/Downside+64.6%Consensus RatingHold Rating Score (0-4)2.16666666666667 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.43) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-38,330,000.00 Net Margins-20.14% Pretax Margin-20.08% Return on Equity-12.45% Return on Assets-10.53% Debt Debt-to-Equity RatioN/A Current Ratio8.96 Quick Ratio8.96 Sales & Book Value Annual Sales$231.70 million Price / Sales1.06 Cash FlowN/A Price / Cash FlowN/A Book Value$3.44 per share Price / Book0.76Miscellaneous Outstanding Shares93,587,000Free Float90,124,000Market Cap$245.20 million OptionableOptionable Beta1.09 TrueCar Frequently Asked Questions Should I buy or sell TrueCar stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TrueCar stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRUE, but not buy additional shares or sell existing shares. View analyst ratings for TrueCar or view top-rated stocks. What is TrueCar's stock price forecast for 2022? 6 brokerages have issued 1-year target prices for TrueCar's shares. Their TRUE stock forecasts range from $3.50 to $6.00. On average, they expect TrueCar's share price to reach $4.31 in the next year. This suggests a possible upside of 64.6% from the stock's current price. View analysts' price targets for TrueCar or view top-rated stocks among Wall Street analysts. How has TrueCar's stock price performed in 2022? TrueCar's stock was trading at $3.40 at the start of the year. Since then, TRUE stock has decreased by 22.9% and is now trading at $2.62. View the best growth stocks for 2022 here. When is TrueCar's next earnings date? TrueCar is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for TrueCar. How were TrueCar's earnings last quarter? TrueCar, Inc. (NASDAQ:TRUE) issued its earnings results on Monday, May, 9th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.03. The technology company had revenue of $43.53 million for the quarter, compared to analysts' expectations of $42.46 million. TrueCar had a negative trailing twelve-month return on equity of 12.45% and a negative net margin of 20.14%. View TrueCar's earnings history. Who are TrueCar's key executives? TrueCar's management team includes the following people: Mr. Michael D. Darrow, Pres, CEO & Director (Age 64, Pay $600.24k) (LinkedIn Profile)Mr. Jantoon E. Reigersman, Exec. VP, COO & CFO (Age 40, Pay $454.88k)Mr. Jeffrey J. Swart, Exec. VP, Sec. & Gen. Counsel (Age 54, Pay $410.59k)Mr. Elias Rokos, Chief Technology OfficerMs. Zaineb Bokhari, VP of Investor RelationsShadee Malekafzali, Sr. Director of PRMs. Jill Angel, Chief People Officer.Mr. Victor Anthony Perry III, Advisor (Age 68)Mr. Paul Edmonds, Sr. VP of Dealer Marketing & OperationsMr. David Green, Sr. VP of Major Accounts What is Michael Darrow's approval rating as TrueCar's CEO? 31 employees have rated TrueCar CEO Michael Darrow on Glassdoor.com. Michael Darrow has an approval rating of 45% among TrueCar's employees. This puts Michael Darrow in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of TrueCar's key competitors? Some companies that are related to TrueCar include HUYA (HUYA), Model N (MODN), VNET Group (VNET), Health Catalyst (HCAT), PubMatic (PUBM), Cardlytics (CDLX), CEVA (CEVA), OneConnect Financial Technology (OCFT), HealthStream (HSTM), Tremor International (TRMR), System1 (SST), Similarweb (SMWB), Taboola.com (TBLA), Yalla Group (YALA) and Blend Labs (BLND). View all of TRUE's 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), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Intel (INTC), Boeing (BA), Gilead Sciences (GILD), General Motors (GM), Inovio Pharmaceuticals (INO) and Southwest Airlines (LUV). What is TrueCar's stock symbol? TrueCar trades on the NASDAQ under the ticker symbol "TRUE." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TrueCar's stock price today? One share of TRUE stock can currently be purchased for approximately $2.62. How much money does TrueCar make? TrueCar (NASDAQ:TRUE) has a market capitalization of $245.20 million and generates $231.70 million in revenue each year. The technology company earns $-38,330,000.00 in net income (profit) each year or ($0.43) on an earnings per share basis. How many employees does TrueCar have? TrueCar employs 428 workers across the globe. How can I contact TrueCar? TrueCar's mailing address is 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401. The official website for TrueCar is www.truecar.com. The technology company can be reached via phone at (800) 200-2000 or via email at investors@true.com. 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