NASDAQ:TRUE

TrueCar Stock Forecast, Price & News

$5.20
-0.06 (-1.14 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$5.17
$5.30
50-Day Range
$4.17
$6.05
52-Week Range
$2.50
$6.47
Volume999,054 shs
Average Volume919,315 shs
Market Capitalization$513.79 million
P/E Ratio6.67
Dividend YieldN/A
Beta1.17
30 days | 90 days | 365 days | Advanced Chart
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About TrueCar

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; DealerSync, a dealer website creation and management service and a software platform that assists dealers in managing, marketing, and growing their business; and DealerScience that provides dealers with advanced digital retailing software tools. Further, the company customizes and operates its platform for financial institutions, membership-based organizations, and large enterprises. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.

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MarketRank

Overall MarketRank

1.61 out of 5 stars

Computer And Technology Sector

314th out of 1,586 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

20th out of 84 stocks

Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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TrueCar (NASDAQ:TRUE) Frequently Asked Questions

Is TrueCar a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TrueCar stock.
View analyst ratings for TrueCar
or view top-rated stocks.

What stocks does MarketBeat like better than TrueCar?

Wall Street analysts have given TrueCar a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but TrueCar wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is TrueCar's next earnings date?

TrueCar is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for TrueCar
.

How were TrueCar's earnings last quarter?

TrueCar, Inc. (NASDAQ:TRUE) released its quarterly earnings results on Thursday, May, 6th. The technology company reported ($0.09) EPS for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.04. The technology company earned $65.10 million during the quarter, compared to analyst estimates of $61.57 million. TrueCar had a net margin of 29.72% and a negative trailing twelve-month return on equity of 2.40%. The business's revenue for the quarter was down 17.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 EPS.
View TrueCar's earnings history
.

How has TrueCar's stock been impacted by COVID-19?

TrueCar's stock was trading at $2.42 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRUE shares have increased by 114.9% and is now trading at $5.20.
View which stocks have been most impacted by COVID-19
.

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

TrueCar updated its second quarter 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $65 million-$66 million, compared to the consensus revenue estimate of $64.10 million.

What price target have analysts set for TRUE?

8 equities research analysts have issued 1-year price targets for TrueCar's stock. Their forecasts range from $4.50 to $10.00. On average, they anticipate TrueCar's stock price to reach $6.11 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price.
View analysts' price targets for TrueCar
or view top-rated stocks among Wall Street analysts.

Who are TrueCar's key executives?

TrueCar's management team includes the following people:
  • Mr. Michael D. Darrow, Pres, CEO & Director (Age 63, Pay $976.23k)
  • Mr. Charles C. Thomas, Principal Accounting Officer, VP & Controller (Age 36, Pay $317.33k)
  • Mr. Jeffrey J. Swart, Exec. VP, Sec. & Gen. Counsel (Age 53, Pay $533.78k)
  • Mr. Jantoon E. Reigersman, Exec. VP & CFO (Age 39)
  • Mr. Elias Rokos, Chief Technology Officer
  • Ms. Alison Sternberg, Sr. VP of Investor Relations
  • Shadee Malekafzali, Sr. Director of PR
  • Mr. John Foster, Exec. VP of People
  • Mr. Victor Anthony Perry III, Advisor (Age 67)
  • Mr. James Menard, Sr. VP of Dealer Sales

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

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

Who are some of TrueCar's key competitors?

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), The 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (9.35%), UBS Group AG (5.19%), Morgan Stanley (4.13%), Goldman Sachs Group Inc. (3.27%), Dimensional Fund Advisors LP (2.75%) and Renaissance Technologies LLC (2.33%). Company insiders that own TrueCar stock include Charles C Thomas, Jeff Swart, Michael Darrow, Robert Buce, Robert Mcclung and Simon Edward Smith.
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 Renaissance Technologies LLC, HRT Financial LP, JPMorgan Chase & Co., Northern Trust Corp, Ameriprise Financial Inc., Squarepoint Ops LLC, Russell Investments Group Ltd., and Credit Suisse AG. Company insiders that have sold TrueCar company stock in the last year include Charles C Thomas, Jeff Swart, Robert Buce, and Simon Edward Smith.
View insider buying and selling activity for TrueCar
or view top insider-selling stocks.

Which institutional investors are buying TrueCar stock?

TRUE stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., BlackRock Inc., Acadian Asset Management LLC, Geode Capital Management LLC, Millennium Management LLC, ClariVest Asset Management LLC, Canada Pension Plan Investment Board, and Sei Investments Co..
View insider buying and selling activity for TrueCar
or or view top insider-buying stocks.

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 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 $5.20.

How much money does TrueCar make?

TrueCar has a market capitalization of $513.79 million and generates $278.68 million in revenue each year. The technology company earns $76.54 million in net income (profit) each year or ($0.19) on an earnings per share basis.

How many employees does TrueCar have?

TrueCar employs 435 workers across the globe.

What is TrueCar's official website?

The official website for TrueCar is www.truecar.com.

Where are TrueCar's headquarters?

TrueCar is headquartered at 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401.

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]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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