NASDAQ:TRUE - TrueCar Stock Price, Forecast & News

$4.36

+0.05 (+1.16 %)

(As of 01/20/2020 01:54 PM ET)

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Today's Range

$4.27

Now: $4.36▼

$4.40

50-Day Range

$4.01

MA: $4.74▼

$5.25

52-Week Range

$3.01

Now: $4.36▼

$10.39

Volume552,479 shs

Average Volume1.19 million shs

Market Capitalization$464.78 million

P/E RatioN/A

Dividend YieldN/A

Beta1.55

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. Read More…

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

Webhttp://www.truecar.com/

Phone800-200-2000

Debt

Debt-to-Equity Ratio0.12

Current Ratio3.38

Quick Ratio3.38

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$353.57 million

Price / Sales1.31

Cash FlowN/A

Price / Cash FlowN/A

Book Value$3.33 per share

Price / Book1.31

Profitability

EPS (Most Recent Fiscal Year)($0.26)

Net Income$-28,320,000.00

Net Margins-14.77%

Return on Equity-11.80%

Return on Assets-9.01%

Miscellaneous

Employees773

Outstanding Shares106,600,000

Market Cap$464.78 million

Next Earnings Date2/13/2020 (Estimated)

OptionableOptionable

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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 results on Thursday, November, 7th. The technology company reported ($0.07) EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $0.08. The technology company had revenue of $90.56 million for the quarter, compared to analyst estimates of $88.36 million. TrueCar had a negative net margin of 14.77% and a negative return on equity of 11.80%. View TrueCar's Earnings History.

When is TrueCar's next earnings date?

TrueCar is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for TrueCar.

What guidance has TrueCar issued on next quarter's earnings?

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.

What price target have analysts set for TRUE?

9 analysts have issued 12 month price objectives for TrueCar's stock. Their forecasts range from $4.50 to $11.00. On average, they expect TrueCar's share price to reach $7.88 in the next twelve months. This suggests a possible upside of 80.6% from the stock's current price. View Analyst Price Targets for TrueCar.

What is the consensus analysts' recommendation for TrueCar?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 1 sell rating and 8 hold 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. " (1/14/2020)
2. SunTrust Banks, Inc. analysts commented, "We’re maintaining a Hold rating as we await signs of traction on the growth initiatives. 1Q Earnings Recap. TRUE reported revenue/Adj. EBITDA of $85.6M (+9.6% Y/Y) /$5.1M, above consensus of $85.0M/$4.4M and fairly in-line with management outlook of $84-86M/$3-5M. We note that Science contributed ~$2.4M in revenue in 1Q." (5/14/2019)

Has TrueCar been receiving favorable news coverage?

Media headlines about TRUE stock have been trending positive recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TrueCar earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave media 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 company's share price in the next several days. View News Stories for TrueCar.

Are investors shorting TrueCar?

TrueCar saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 12,260,000 shares, an increase of 33.3% from the December 15th total of 9,200,000 shares. Based on an average trading volume of 1,570,000 shares, the days-to-cover ratio is currently 7.8 days. Approximately 12.8% of the shares of the company are sold short. View TrueCar's Current Options Chain.

Who are some of TrueCar's key competitors?

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

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), Freeport-McMoRan (FCX), General Motors (GM), Gilead Sciences (GILD), Skyworks Solutions (SWKS), Tesla (TSLA), Caterpillar (CAT), GoPro (GPRO) and Netflix (NFLX).

Who are TrueCar's key executives?

TrueCar's management team includes the folowing 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)

Who are TrueCar's major shareholders?

TrueCar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.03%). 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.

Which major investors are buying TrueCar stock?

TRUE stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A.. 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, Robinhood, Fidelity and Charles Schwab.

What is TrueCar's stock price today?

One share of TRUE stock can currently be purchased for approximately $4.36.

How big of a company is TrueCar?

TrueCar has a market capitalization of $464.78 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.

What is TrueCar's official website?

The official website for TrueCar is http://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]

MarketBeat Community Rating for TrueCar (NASDAQ TRUE)

Community Ranking:		2.2 out of 5 ( )
Outperform Votes:		446 (Vote Outperform)
Underperform Votes:		573 (Vote Underperform)
Total Votes:		1,019

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.

This page was last updated on 1/20/2020 by MarketBeat.com Staff

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