NASDAQ:TRUE - TrueCar Stock Price, Forecast & News

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

TrueCar Inc (NASDAQ:TRUE) announced its quarterly earnings data on Thursday, August, 8th. The technology company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.06. The technology company had revenue of $88.08 million for the quarter, compared to analyst estimates of $89.20 million. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.03 earnings per share. 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 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.

7 brokerages have issued twelve-month target prices for TrueCar's shares. Their forecasts range from $4.50 to $11.00. On average, they anticipate TrueCar's share 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.

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

News articles about TRUE stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TrueCar earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave media coverage 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 stock's share price in the next several days. View News Stories for TrueCar.

TrueCar saw a increase in short interest during 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 short-interest ratio is presently 8.4 days. Approximately 13.6% of the shares of the company are short sold. 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 a variety of of retail and institutional 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.