NASDAQ:TRUE - TrueCar Stock Price, Forecast & News

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

TrueCar Inc (NASDAQ:TRUE) released its earnings results on Thursday, August, 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate 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'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 EPS. 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 (EPS) guidance of for the period. The company issued revenue guidance of $$351-353 million, compared to the consensus revenue estimate of $$347.69 million.

6 brokerages have issued 12 month price targets for TrueCar's stock. Their forecasts range from $4.50 to $11.00. On average, they anticipate TrueCar's stock price to reach $6.90 in the next twelve months. This suggests a possible upside of 84.5% from the stock's current price. View Analyst Price Targets for TrueCar.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TrueCar.

News headlines about TRUE stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news 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 2.0 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact 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 daily volume of 1,560,000 shares, the days-to-cover ratio is currently 8.4 days. Approximately 13.6% of the shares of the stock are sold short. View TrueCar's Current Options Chain.

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 many different of institutional and retail investors. Top institutional investors include UBS Group AG (9.13%), Goldman Sachs Group Inc. (3.49%), Renaissance Technologies LLC (2.22%), State Street Corp (2.04%), Jacobs Levy Equity Management Inc. (1.81%) and Cooper Creek Partners Management LLC (1.67%). 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 purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Renaissance Technologies LLC, Cooper Creek Partners Management LLC, Goldman Sachs Group Inc., SG Americas Securities LLC, Landscape Capital Management L.L.C., Barrow Hanley Mewhinney & Strauss LLC and Jacobs Levy Equity Management Inc.. 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 $3.74.