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

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$7.67 -0.03 (-0.39 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$7.70
Today's Range$7.38 - $7.91
52-Week Range$7.38 - $14.55
Volume3.96 million shs
Average Volume898,477 shs
Market Capitalization$797.72 million
P/E Ratio-28.41
Dividend YieldN/A
Beta2.21
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

Price-To-Earnings

Sales & Book Value

Annual Sales$323.15 million
Book Value$3.13 per share

Profitability

Net Income$-32,840,000.00

Miscellaneous

Employees686
Market Cap$797.72 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 Thursday, February, 14th. The technology company reported $0.03 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.02. The technology company earned $91.10 million during the quarter, compared to analyst estimates of $96.03 million. TrueCar had a negative return on equity of 7.56% and a negative net margin of 8.80%. The business's quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the business earned $0.05 EPS. View TrueCar's Earnings History.

When is TrueCar's next earnings date?

TrueCar is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for TrueCar.

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

TrueCar updated its FY 2019 earnings guidance on Thursday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $371-378 million, compared to the consensus revenue estimate of $410.24 million.TrueCar also updated its Q1 2019 guidance to EPS.

What price target have analysts set for TRUE?

10 Wall Street analysts have issued 1 year target prices for TrueCar's stock. Their predictions range from $9.00 to $13.00. On average, they expect TrueCar's share price to reach $10.2563 in the next twelve months. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Price Targets for TrueCar.

What is the consensus analysts' recommendation for TrueCar?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 2 sell ratings, 7 hold ratings and 1 buy rating 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. " (2/14/2019)
  • 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 been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TrueCar earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Are investors shorting TrueCar?

TrueCar saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 11,001,520 shares, an increase of 14.3% from the January 15th total of 9,628,476 shares. Based on an average trading volume of 599,766 shares, the days-to-cover ratio is currently 18.3 days. View TrueCar's Current Options Chain.

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)

Who are TrueCar's major shareholders?

TrueCar's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.07%), 683 Capital Management LLC (3.33%), D. E. Shaw & Co. Inc. (1.29%), Northern Trust Corp (1.07%), Dimensional Fund Advisors LP (1.03%) and Geode Capital Management LLC (0.96%). 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 major investors are selling TrueCar stock?

TRUE stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Two Sigma Investments LP, Stephens Inc. AR, Two Sigma Advisers LP, Bank of Montreal Can, Bank of New York Mellon Corp, Squarepoint Ops LLC and Northern Trust Corp. Company insiders that have sold TrueCar company stock in the last year include Jeff Swart, John Pierantoni, Neeraj Gunsagar and Robert Mcclung. View Insider Buying and Selling for TrueCar.

Which major investors are buying TrueCar stock?

TRUE stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, SG Americas Securities LLC, D. E. Shaw & Co. Inc., Cowen Prime Services LLC, Millennium Management LLC, Geode Capital Management LLC, Potrero Capital Research LLC and 683 Capital Management LLC. 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 $7.67.

How big of a company is TrueCar?

TrueCar has a market capitalization of $797.72 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:  2.1 out of 5 (star star)
Outperform Votes:  344 (Vote Outperform)
Underperform Votes:  457 (Vote Underperform)
Total Votes:  801
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 2/19/2019 by MarketBeat.com Staff

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