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. The company was formerly known as Zag.com Inc. TrueCar, Inc. was founded in 2005 and is headquartered in Santa Monica, California.
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
Phone800-200-2000
Debt
Debt-to-Equity Ratio0.07
Current Ratio5.66
Quick Ratio5.66
Price-To-Earnings
Trailing P/E Ratio-37.56
Forward P/E Ratio-37.26
P/E GrowthN/A
Sales & Book Value
Annual Sales$323.15 million
Price / Sales3.24
Cash FlowN/A
Price / Cash FlowN/A
Book Value$3.13 per share
Price / Book3.21
Profitability
EPS (Most Recent Fiscal Year)($0.27)
Net Income$-32,840,000.00
Net Margins-8.80%
Return on Equity-7.56%
Return on Assets-6.18%
Miscellaneous
Employees686
Outstanding Shares104,000,000
Market Cap$1.01 billion
OptionableOptionable
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) issued its quarterly earnings data on Tuesday, November, 6th. The technology company reported $0.04 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.01. The technology company had revenue of $93.59 million for the quarter, compared to analyst estimates of $93.89 million. TrueCar had a negative return on equity of 7.56% and a negative net margin of 8.80%. The business's quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.02 EPS. View TrueCar's Earnings History.
When is TrueCar's next earnings date?
What price target have analysts set for TRUE?
8 Wall Street analysts have issued 12 month target prices for TrueCar's stock. Their predictions range from $9.00 to $18.00. On average, they expect TrueCar's stock price to reach $13.8571 in the next twelve months. This suggests a possible upside of 37.3% from the stock's current price. View Analyst Price Targets for TrueCar.
What is the consensus analysts' recommendation for TrueCar?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy 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. 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. " (10/16/2018)
- 2. Benchmark Co. analysts commented, "We think management has the right strategy in place to achieve FY18 numbers, but are expecting a more back-half weighted year than the street." (5/3/2018)
Has TrueCar been receiving favorable news coverage?
Headlines about TRUE stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. TrueCar earned a coverage optimism score of 0.6 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the near future.
Who are some of TrueCar's key competitors?
Some companies that are related to TrueCar include GDS (GDS), Pluralsight (PS), HUYA (HUYA), Eventbrite (EB), Switch (SWCH), SVMK (SVMK), Qutoutiao (QTT), Internet Initiative Japan (IIJI), 21Vianet Group (VNET), HealthStream (HSTM), Aurora Mobile (JG), Jianpu Technology (JT), Model N (MODN), Pintec Technology (PT) and Cardlytics (CDLX).
Who are TrueCar's key executives?
TrueCar's management team includes the folowing people:
- Mr. Victor Anthony Perry III, Pres, CEO & Director (Age 64)
- Mr. Neeraj Gunsagar, Exec. VP & Chief Marketing Officer (Age 41)
- Mr. Brian Skutta, Exec. VP of Dealer Sales & Service (Age 41)
- Mr. Michael Darrow, Exec. VP of OEM & Partner Devel. (Age 60)
- Mr. John Pierantoni, Interim CFO & Chief Accounting Officer (Age 46)
Who are TrueCar's major shareholders?
TrueCar's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.69%), BlackRock Inc. (6.12%), Ontario Teachers Pension Plan Board (5.73%), Morgan Stanley (1.16%), Canada Pension Plan Investment Board (1.07%) and Dimensional Fund Advisors LP (0.46%). Company insiders that own TrueCar stock include Brian Skutta, Ii LP Upfront, Ion Yadigaroglu, Jeff Swart, John Krafcik, John Pierantoni, Michael Guthrie, Neeraj Gunsagar, Robert Buce, Robert Mcclung, Services Automobile Ass United and Steven J Dietz. 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 Prospect Capital Advisors LLC, AQR Capital Management LLC, TIAA CREF Investment Management LLC, BlueMountain Capital Management LLC, Credit Suisse AG, Alliancebernstein L.P. and Rhumbline Advisers. 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 Ontario Teachers Pension Plan Board, Dimensional Fund Advisors LP, JPMorgan Chase & Co., JPMorgan Chase & Co., Morgan Stanley, Vanguard Group Inc., Bank of Montreal Can and BlackRock Inc.. 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 $10.09.
How big of a company is TrueCar?
TrueCar has a market capitalization of $1.01 billion and generates $323.15 million in revenue each year. The technology company earns $-32,840,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis. TrueCar employs 686 workers across the globe.
What is TrueCar's official website?
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)
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.
