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QQQ   317.08
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Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
"Prepare for Five Years of Famine" (Ad)
NASDAQ:TRUE

TrueCar - TRUE Stock Forecast, Price & News

$2.52
-0.11 (-4.18%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.52
$2.63
50-Day Range
$2.52
$3.40
52-Week Range
$2.50
$4.64
Volume
361,669 shs
Average Volume
660,100 shs
Market Capitalization
$235.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.31

TrueCar MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
71.1% Upside
$4.31 Price Target
Short Interest
Healthy
3.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.19mentions of TrueCar in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$34,841 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Computer And Technology Sector

410th out of 644 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

41st out of 66 stocks

TRUE stock logo

About TrueCar (NASDAQ:TRUE) Stock

TrueCar, Inc. 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. 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. The company also offers forecast and consulting 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. In addition, it provides accurate, 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; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.

TrueCar Stock Down 4.2 %

Shares of TrueCar stock traded down $0.11 during trading on Tuesday, reaching $2.52. The company's stock had a trading volume of 361,669 shares, compared to its average volume of 660,100. TrueCar has a 52-week low of $2.50 and a 52-week high of $4.64. The company has a market cap of $235.84 million, a price-to-earnings ratio of -5.25 and a beta of 1.05. The firm's 50-day moving average is $2.76 and its two-hundred day moving average is $3.25.

TrueCar (NASDAQ:TRUE - Get Rating) last announced its quarterly earnings data on Monday, May 9th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.03. The company had revenue of $43.53 million during the quarter, compared to analysts' expectations of $42.46 million. TrueCar had a negative net margin of 24.68% and a negative return on equity of 13.77%. On average, equities research analysts anticipate that TrueCar will post -0.56 EPS for the current year.

Insider Buying and Selling at TrueCar

In other news, Director John W. Mendel sold 12,578 shares of the firm's stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of $2.77, for a total value of $34,841.06. Following the completion of the sale, the director now directly owns 148,528 shares of the company's stock, valued at approximately $411,422.56. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.70% of the stock is currently owned by corporate insiders.

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TRUE Stock News Headlines

“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist)
Has President Biden’s new executive order… Alongside MIT, 77 global Governments, The Gates Foundation, UNICEF, and The Clinton Development Initiative… Ignited a historic $40 trillion transfer of wealth from the middle class, to the rich?
TrueCar (TRUE) Q2 2022 Earnings Call Transcript
Biden & Bill Gates Igniting $40 Trillion Heist?
Has President Biden’s new executive order… Alongside MIT, 77 global Governments, The Gates Foundation, UNICEF, and The Clinton Development Initiative… Ignited a historic $40 trillion transfer of wealth from the middle class, to the rich?
TrueCar Q2 2022 Earnings Preview - Seeking Alpha
Preview: TrueCar's Earnings - Benzinga
TrueCar Releases Analysis of May Industry Sales
See More Headlines
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TRUE Company Calendar

Last Earnings
5/06/2021
Today
8/10/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:TRUE
Fax
N/A
Employees
428
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.31
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$3.50
Forecasted Upside/Downside
+71.1%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$-38,330,000.00
Pretax Margin
-20.08%

Debt

Sales & Book Value

Annual Sales
$231.70 million
Book Value
$3.44 per share

Miscellaneous

Free Float
90,124,000
Market Cap
$235.84 million
Optionable
Optionable
Beta
1.05

Key Executives

  • Mr. Michael D. Darrow (Age 64)
    Pres, CEO & Director
    Comp: $600.24k
  • Mr. Jantoon E. Reigersman (Age 40)
    Exec. VP, COO & CFO
    Comp: $454.88k
  • Mr. Jeffrey J. Swart (Age 54)
    Exec. VP, Sec. & Gen. Counsel
    Comp: $410.59k
  • Mr. Elias Rokos
    Chief Technology Officer
  • Ms. Zaineb Bokhari
    VP of Investor Relations
  • Shadee Malekafzali
    Sr. Director of PR
  • Ms. Jill Angel
    Chief People Officer.
  • Mr. Victor Anthony Perry III (Age 68)
    Advisor
  • Mr. Paul Edmonds
    Sr. VP of Dealer Marketing & Operations
  • Mr. David Green
    Sr. VP of Major Accounts













TRUE Stock - Frequently Asked Questions

Should I buy or sell TrueCar stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TRUE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRUE, but not buy additional shares or sell existing shares.
View TRUE analyst ratings
or view top-rated stocks.

What is TrueCar's stock price forecast for 2022?

6 brokers have issued 12 month price targets for TrueCar's stock. Their TRUE share price forecasts range from $3.50 to $6.00. On average, they predict the company's stock price to reach $4.31 in the next year. This suggests a possible upside of 71.1% from the stock's current price.
View analysts price targets for TRUE
or view top-rated stocks among Wall Street analysts.

How has TrueCar's stock performed in 2022?

TrueCar's stock was trading at $3.40 on January 1st, 2022. Since then, TRUE stock has decreased by 25.9% and is now trading at $2.52.
View the best growth stocks for 2022 here
.

Are investors shorting TrueCar?

TrueCar saw a decrease in short interest in July. As of July 15th, there was short interest totaling 2,130,000 shares, a decrease of 17.8% from the June 30th total of 2,590,000 shares. Based on an average daily trading volume, of 557,200 shares, the short-interest ratio is currently 3.8 days. Approximately 3.0% of the company's shares are short sold.
View TrueCar's Short Interest
.

When is TrueCar's next earnings date?

TrueCar is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our TRUE earnings forecast
.

How were TrueCar's earnings last quarter?

TrueCar, Inc. (NASDAQ:TRUE) posted its quarterly earnings data on Thursday, May, 6th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.04. The technology company had revenue of $65.10 million for the quarter, compared to analyst estimates of $61.57 million. TrueCar had a negative trailing twelve-month return on equity of 13.77% and a negative net margin of 24.68%. The business's revenue was down 17.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.04 EPS.

What is Michael Darrow's approval rating as TrueCar's CEO?

31 employees have rated TrueCar Chief Executive Officer Michael Darrow on Glassdoor.com. Michael Darrow has an approval rating of 45% among the company's employees. This puts Michael Darrow in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Intel (INTC), Boeing (BA), Gilead Sciences (GILD), General Motors (GM), Inovio Pharmaceuticals (INO) and Southwest Airlines (LUV).

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 a number of retail and institutional investors. Top institutional investors include Connor Clark & Lunn Investment Management Ltd. (0.31%), Russell Investments Group Ltd. (0.18%), Assenagon Asset Management S.A. (0.18%), Commonwealth Equity Services LLC (0.10%), Walleye Trading LLC (0.00%) and Counterpoint Mutual Funds LLC (0.04%). Insiders that own company stock include Charles C Thomas, Dennis H Nelson, Jeff Swart, John W Mendel, Michael Darrow, Robert Buce and Simon Edward Smith.
View institutional ownership trends
.

How do I buy shares of TrueCar?

Shares of TRUE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TrueCar's stock price today?

One share of TRUE stock can currently be purchased for approximately $2.52.

How much money does TrueCar make?

TrueCar (NASDAQ:TRUE) has a market capitalization of $235.84 million and generates $231.70 million in revenue each year. The technology company earns $-38,330,000.00 in net income (profit) each year or ($0.48) on an earnings per share basis.

How many employees does TrueCar have?

TrueCar employs 428 workers across the globe.

How can I contact TrueCar?

TrueCar's mailing address is 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401. The official website for the company is www.truecar.com. The technology company can be reached via phone at (800) 200-2000 or via email at investors@true.com.

This page (NASDAQ:TRUE) was last updated on 8/10/2022 by MarketBeat.com Staff

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