NASDAQ:TRUE TrueCar Stock Forecast, Price & News Adding Choose a 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. Log In and Add $4.93 +0.11 (+2.28 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$4.74Now: $4.94▼$4.9950-Day Range$3.76MA: $4.76▼$5.4852-Week Range$1.98Now: $4.94▼$6.47Volume1.19 million shsAverage Volume1.23 million shsMarket Capitalization$533.02 millionP/E RatioN/ADividend YieldN/ABeta1.58 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. 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. In addition, the company offers forecast, consulting, and other 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. Further, it provides 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; DealerSync, a dealer Website creation and management service and a software platform that assists dealers in managing, marketing, and growing their business; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. TrueCar, Inc. was founded in 2005 and is headquartered in Santa Monica, California.Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus RatingTrueCar has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.17, TrueCar has a forecasted upside of 4.7% from its current price of $4.94.Amount of Analyst CoverageTrueCar has only been the subject of 3 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTrueCar has received 487 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTrueCar has received 622 “underperform” votes. (Add your “underperform” vote.)Community SentimentTrueCar has received 56.09% “underperform” votes from our community.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. 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 1.0 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 $105,088.00 in company stock.Percentage Held by InsidersOnly 4.20% of the stock of TrueCar is held by insiders.Percentage Held by Institutions91.83% of the stock of TrueCar is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for TrueCar are expected to decrease in the coming year, from ($0.30) to ($0.44) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueCar is -14.10, 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 -14.10, 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 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.88 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TRUE Previous Symbol CUSIPN/A CIK1327318 Webwww.truecar.com Phone800-200-2000Debt Debt-to-Equity Ratio0.11 Current Ratio6.01 Quick Ratio6.01Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$353.88 million Price / Sales1.51 Cash FlowN/A Price / Cash FlowN/A Book Value$3.07 per share Price / Book1.61Profitability EPS (Most Recent Fiscal Year)($0.39) Net Income$-54,890,000.00 Net Margins-11.76% Return on Equity-5.73% Return on Assets-4.47%Miscellaneous Employees773 Outstanding Shares108,008,000Market Cap$533.02 million Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $4.93 +0.11 (+2.28 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TRUE News and Ratings via Email Sign-up to receive the latest news and ratings for TRUE and its competitors with MarketBeat's FREE daily newsletter. TrueCar (NASDAQ:TRUE) Frequently Asked Questions How has TrueCar's stock been impacted by COVID-19? TrueCar's stock was trading at $2.42 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRUE stock has increased by 103.9% and is now trading at $4.9350. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of TrueCar? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for TrueCar. When is TrueCar's next earnings date? TrueCar is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for TrueCar. How were TrueCar's earnings last quarter? TrueCar Inc (NASDAQ:TRUE) posted its quarterly earnings results on Thursday, August, 6th. The technology company reported $0.04 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.07) by $0.11. The technology company earned $62.69 million during the quarter, compared to analyst estimates of $55.56 million. TrueCar had a negative return on equity of 5.73% and a negative net margin of 11.76%. TrueCar's revenue for the quarter was down 28.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.02) EPS. View TrueCar's earnings history. What price target have analysts set for TRUE? 8 Wall Street analysts have issued twelve-month target prices for TrueCar's stock. Their forecasts range from $3.25 to $10.00. On average, they anticipate TrueCar's stock price to reach $5.17 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View analysts' price targets for TrueCar. Are investors shorting TrueCar? TrueCar saw a drop in short interest in the month of August. As of August 14th, there was short interest totaling 7,710,000 shares, a drop of 24.0% from the July 30th total of 10,140,000 shares. Based on an average trading volume of 1,460,000 shares, the short-interest ratio is currently 5.3 days. Approximately 8.1% of the company's stock are sold short. View TrueCar's Short Interest. Who are some of TrueCar's key competitors? Some companies that are related to TrueCar include Internet Initiative Japan (IIJIY), Sabre (SABR), Cardlytics (CDLX), Health Catalyst (HCAT), Model N (MODN), Eventbrite (EB), Qutoutiao (QTT), the Rubicon Project (MGNI), HealthStream (HSTM), Pivotal Acquisition (PVT), Aurora Mobile (JG), Phoenix Tree (LIZI), Alithya Group (ALYA), Jianpu Technology (JT) and Synacor (SYNC). View all 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), General Motors (GM), Inovio Pharmaceuticals (INO), Intel (INTC), Gilead Sciences (GILD), Southwest Airlines (LUV) and Skyworks Solutions (SWKS). Who are TrueCar's key executives? TrueCar's management team includes the following 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) What is TrueCar's stock symbol? TrueCar trades on the NASDAQ under the ticker symbol "TRUE." Who are TrueCar's major shareholders? TrueCar's stock is owned by many different retail and institutional investors. Top institutional investors include UBS Group AG (7.47%), Goldman Sachs Group Inc. (3.43%), Jacobs Levy Equity Management Inc. (1.42%), Two Sigma Advisers LP (1.20%), Marshall Wace LLP (0.48%) and Russell Investments Group Ltd. (0.45%). Company insiders that own TrueCar stock include Michael Darrow, 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 UBS Group AG, Jacobs Levy Equity Management Inc., Two Sigma Advisers LP, Stephens Inc. AR, PDT Partners LLC, Spark Investment Management LLC, Algert Global LLC, and Quadrature Capital Ltd. View insider buying and selling activity for TrueCar. Which major investors are buying TrueCar stock? TRUE stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Marshall Wace LLP, WINTON GROUP Ltd, Jane Street Group LLC, Grantham Mayo Van Otterloo & Co. LLC, Swiss National Bank, Bank of New York Mellon Corp, and Nuveen Asset Management LLC. View insider buying and selling activity 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 $4.94. How big of a company is TrueCar? TrueCar has a market capitalization of $533.02 million and generates $353.88 million in revenue each year. The technology company earns $-54,890,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. TrueCar employs 773 workers across the globe. What is TrueCar's official website? The official website for TrueCar is 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] This page was last updated on 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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