NASDAQ:TRUE - TrueCar Stock Price, News, & Analysis

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$9.45 -0.08 (-0.84 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$9.53
Today's Range$9.39 - $9.64
52-Week Range$8.03 - $14.55
Volume338,696 shs
Average Volume518,343 shs
Market Capitalization$979.72 million
P/E Ratio-35.00
Dividend YieldN/A
Beta2.39
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.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:TRUE
CUSIPN/A
Phone800-200-2000

Debt

Current Ratio5.66
Quick Ratio5.66

Price-To-Earnings

Sales & Book Value

Annual Sales$323.15 million
Price / Sales3.04
Price / Cash FlowN/A
Book Value$3.13 per share
Price / Book3.02

Profitability

Net Income$-32,840,000.00
Net Margins-8.80%
Return on Assets-6.18%

Miscellaneous

Employees686
Market Cap$979.72 million
OptionableOptionable

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 earnings results on Tuesday, November, 6th. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.01. The technology company earned $93.59 million during the quarter, compared to analyst estimates of $93.89 million. TrueCar had a negative net margin of 8.80% and a negative return on equity of 7.56%. The company's quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.02 EPS. 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 21st 2019. View Earnings Estimates for TrueCar.

What price target have analysts set for TRUE?

9 equities research analysts have issued 1-year price objectives for TrueCar's stock. Their predictions range from $9.00 to $18.00. On average, they expect TrueCar's share price to reach $13.2929 in the next year. This suggests a possible upside of 40.7% 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, 4 hold ratings and 3 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. " (10/16/2018)
  • 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)

Has TrueCar been receiving favorable news coverage?

Media headlines about TRUE stock have trended somewhat negative this week, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. TrueCar earned a daily sentiment score of -1.2 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Who are some of TrueCar's key competitors?

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. John Pierantoni, Interim CFO & Chief Accounting Officer (Age 47)

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 $9.45.

How big of a company is TrueCar?

TrueCar has a market capitalization of $979.72 million 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.

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 (star star)
Outperform Votes:  337 (Vote Outperform)
Underperform Votes:  441 (Vote Underperform)
Total Votes:  778
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 1/16/2019 by MarketBeat.com Staff

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