NASDAQ:TRUE - TrueCar Stock Price, Forecast & News

TrueCar trades on the NASDAQ under the ticker symbol "TRUE."

TrueCar Inc (NASDAQ:TRUE) released its quarterly earnings data on Thursday, August, 8th. The technology company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 14.77% and a negative return on equity of 11.80%. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.03 earnings per share. View TrueCar's Earnings History.

TrueCar is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for TrueCar.

TrueCar will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

TrueCar issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$351-353 million, compared to the consensus revenue estimate of $$347.69 million.

7 Wall Street analysts have issued 12-month target prices for TrueCar's shares. Their forecasts range from $4.50 to $11.00. On average, they expect TrueCar's share price to reach $6.90 in the next year. This suggests a possible upside of 86.0% from the stock's current price. View Analyst Price Targets for TrueCar.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 1 sell rating and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TrueCar.

Media headlines about TRUE stock have been trending extremely negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. TrueCar earned a coverage optimism score of -5.0 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 news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for 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 days-to-cover ratio is currently 8.4 days. Approximately 13.6% of the company's shares are short sold. View TrueCar's Current Options Chain.

Some companies that are related to TrueCar include 21Vianet Group (VNET), Qutoutiao (QTT), Internet Initiative Japan (IIJIY), Health Catalyst (HCAT), Model N (MODN), HealthStream (HSTM), The Rubicon Project (RUBI), Phoenix Tree (LIZI), Aurora Mobile (JG), Jianpu Technology (JT), Pintec Technology (PT), Synacor (SYNC), Sify Technologies (SIFY), Lianluo Smart (MOXC) and Autoweb (AUTO).

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).

TrueCar's stock is owned by a number of of retail and institutional investors. Top institutional investors 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.

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.

TRUE stock was bought 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.

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.

One share of TRUE stock can currently be purchased for approximately $3.71.

TrueCar has a market capitalization of $395.49 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.

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

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]