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
SymbolNASDAQ:TRUE
CUSIPN/A
Phone800-200-2000
Debt
Debt-to-Equity Ratio0.09
Current Ratio6.38
Quick Ratio6.38
Price-To-Earnings
Trailing P/E Ratio-45.81
Forward P/E Ratio-45.93
P/E GrowthN/A
Sales & Book Value
Annual Sales$323.15 million
Price / Sales3.92
Cash FlowN/A
Price / CashN/A
Book Value$3.13 per share
Price / Book3.96
Profitability
EPS (Most Recent Fiscal Year)($0.27)
Net Income$-32,840,000.00
Net Margins-10.07%
Return on Equity-8.42%
Return on Assets-6.86%
Miscellaneous
Employees686
Outstanding Shares102,070,000
Market Cap$1.31 billion
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) posted its quarterly earnings data on Thursday, August, 9th. The technology company reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The technology company earned $87.85 million during the quarter, compared to analyst estimates of $87.81 million. TrueCar had a negative net margin of 10.07% and a negative return on equity of 8.42%. The company's revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $0.01 EPS. View TrueCar's Earnings History.
When is TrueCar's next earnings date?
What price target have analysts set for TRUE?
9 brokerages have issued 12 month price targets for TrueCar's shares. Their predictions range from $9.00 to $18.00. On average, they anticipate TrueCar's share price to reach $15.25 in the next year. This suggests a possible upside of 23.0% 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 2 sell ratings, 3 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. " (8/16/2018)
- 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)
Are investors shorting TrueCar?
TrueCar saw a decrease in short interest during the month of July. As of July 13th, there was short interest totalling 9,934,128 shares, a decrease of 13.6% from the June 29th total of 11,494,384 shares. Based on an average trading volume of 1,120,432 shares, the days-to-cover ratio is currently 8.9 days. View TrueCar's Current Options Chain.
Who are some of TrueCar's key competitors?
Some companies that are related to TrueCar include Wix.Com (WIX), InterXion (INXN), Pluralsight (PS), GDS (GDS), Switch (SWCH), 21Vianet Group (VNET), HealthStream (HSTM), Internet Initiative Japan (IIJI), Jianpu Technology (JT), Model N (MODN), Cardlytics (CDLX), Internap (INAP), The Rubicon Project (RUBI), Synacor (SYNC) and Edgewater Technology (EDGW).
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)
Has TrueCar been receiving favorable news coverage?
Media stories about TRUE stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TrueCar earned a media and rumor sentiment score of 0.19 on Accern's scale. They also assigned media coverage about the technology company an impact score of 46.25 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for TrueCar.
Who are TrueCar's major shareholders?
TrueCar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Senvest Management LLC (8.05%), BlackRock Inc. (6.08%), Canada Pension Plan Investment Board (1.02%), Schwab Charles Investment Management Inc. (0.43%), Bank of New York Mellon Corp (0.36%) and California Public Employees Retirement System (0.14%). 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 institutional investors are selling TrueCar stock?
TRUE stock was sold by a variety of institutional investors in the last quarter, including United Services Automobile Association, Renaissance Technologies LLC, Cowen Prime Services LLC, BlueMountain Capital Management LLC, B. Riley Financial Inc., BNP Paribas Arbitrage SA and California Public Employees Retirement System. Company insiders that have sold TrueCar company stock in the last year include Brian Skutta, Ion Yadigaroglu, Jeff Swart, John Krafcik, John Pierantoni, Neeraj Gunsagar, Robert Buce and Robert Mcclung. View Insider Buying and Selling for TrueCar.
Which institutional investors are buying TrueCar stock?
TRUE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Senvest Management LLC, Schwab Charles Investment Management Inc., Canada Pension Plan Investment Board, Bank of New York Mellon Corp, Bank of America Corp DE, Rhumbline Advisers and PEAK6 Investments L.P.. 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 $12.40.
How big of a company is TrueCar?
TrueCar has a market capitalization of $1.31 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.
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.
