NASDAQ:TRUETrueCar Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TrueCar Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.83 +0.02 (+0.71 %) (As of 06/3/2020 12:46 PM ET) Add Compare Share Today's Range$2.82Now: $2.83▼$2.8950-Day Range$2.16MA: $2.48▼$3.3152-Week Range$1.98Now: $2.83▼$6.21Volume31,173 shsAverage Volume872,172 shsMarket Capitalization$303.57 millionP/E RatioN/ADividend YieldN/ABeta1.29 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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; 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. The company was formerly known as Zag.com Inc. TrueCar, Inc. was founded in 2005 and is headquartered in Santa Monica, California.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingTrueCar has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.79, TrueCar has a potential upside of 34.0% from its current price of $2.83.Amount of Analyst CoverageTrueCar has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTrueCar has received 482 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTrueCar has received 616 “underperform” votes. (Add your “underperform” vote.)Community SentimentTrueCar has received 56.10% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldTrueCar does not currently pay a dividend.Dividend GrowthTrueCar does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TrueCar insiders have bought 2,538.13% more of their company's stock than they have sold. Specifically, they have bought $233,000.00 in company stock and sold $8,832.00 in company stock.Percentage Held by InsidersOnly 4.20% of the stock of TrueCar is held by insiders.Percentage Held by Institutions92.88% of the stock of TrueCar is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TrueCar are expected to decrease in the coming year, from ($0.33) to ($0.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueCar is -5.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TrueCar is -5.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTrueCar has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.98 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TRUE Previous Symbol CUSIPN/A CIK1327318 Webwww.truecar.com Phone800-200-2000Debt Debt-to-Equity Ratio0.11 Current Ratio5.88 Quick Ratio5.88Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$353.88 million Price / Sales0.86 Cash FlowN/A Price / Cash FlowN/A Book Value$3.07 per share Price / Book0.92Profitability EPS (Most Recent Fiscal Year)($0.39) Net Income$-54,890,000.00 Net Margins-14.55% Return on Equity-10.48% Return on Assets-7.93%Miscellaneous Employees773 Outstanding Shares107,270,000Market Cap$303.57 million Next Earnings Date8/13/2020 (Estimated) OptionableOptionable NASDAQ:TRUE Rates by TradingView Receive TRUE News and Ratings via Email Sign-up to receive the latest news and ratings for TRUE and its competitors with MarketBeat's FREE daily newsletter. TrueCar (NASDAQ:TRUE) Frequently Asked Questions How has TrueCar's stock been impacted by COVID-19 (Coronavirus)? TrueCar's stock was trading at $2.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRUE stock has increased by 16.9% and is now trading at $2.83. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of TrueCar? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for TrueCar. When is TrueCar's next earnings date? TrueCar is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for TrueCar. How were TrueCar's earnings last quarter? TrueCar Inc (NASDAQ:TRUE) released its quarterly earnings data on Thursday, May, 7th. The technology company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.06. The technology company earned $83.53 million during the quarter, compared to analyst estimates of $82 million. TrueCar had a negative net margin of 14.55% and a negative return on equity of 10.48%. The company's revenue was down 2.4% compared to the same quarter last year. View TrueCar's earnings history. What price target have analysts set for TRUE? 9 brokerages have issued 1-year price targets for TrueCar's shares. Their forecasts range from $3.00 to $5.00. On average, they expect TrueCar's share price to reach $3.79 in the next twelve months. This suggests a possible upside of 34.0% from the stock's current price. View analysts' price targets for TrueCar. Has TrueCar been receiving favorable news coverage? News headlines about TRUE stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring 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 media sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near term. View the latest news aboutTrueCar. Who are some of TrueCar's key competitors? Some companies that are related to TrueCar include Model N (MODN), Health Catalyst (HCAT), Eventbrite (EB), Qutoutiao (QTT), HealthStream (HSTM), The Rubicon Project (RUBI), Pivotal Acquisition (PVT), Phoenix Tree (LIZI), Aurora Mobile (JG), Jianpu Technology (JT), Synacor (SYNC), Sify Technologies (SIFY), Pintec Technology (PT), GigaMedia (GIGM) and Chinanet Online (CNET). View all 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), Gilead Sciences (GILD), General Motors (GM), Tesla (TSLA), Caterpillar (CAT), Freeport-McMoRan (FCX), NVIDIA (NVDA), Skyworks Solutions (SWKS), Advanced Micro Devices (AMD) and GoPro (GPRO). Who are TrueCar's key executives? TrueCar's management team includes the following 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. Charles C. Thomas, Principal Financial Officer & Principal Accounting Officer (Age 34) 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.44%), Morgan Stanley (4.90%), Morgan Stanley (4.90%), State Street Corp (2.00%), Assenagon Asset Management S.A. (1.55%) and Two Sigma Advisers LP (1.38%). Company insiders that own TrueCar stock include Jeff Swart, John Pierantoni, Michael Darrow, Neeraj Gunsagar, 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 Two Sigma Investments LP, SG Americas Securities LLC, Canada Pension Plan Investment Board, Squarepoint Ops LLC, BlackRock Inc., Engineers Gate Manager LP, Two Sigma Advisers LP, and State Street Corp. Company insiders that have sold TrueCar company stock in the last year include Robert Mcclung, and Simon Edward Smith. View insider buying and selling activity for TrueCar. Which institutional investors are buying TrueCar stock? TRUE stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Morgan Stanley, Morgan Stanley, Acadian Asset Management LLC, JPMorgan Chase & Co., Invesco Ltd., Connor Clark & Lunn Investment Management Ltd., and WINTON GROUP Ltd. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is TrueCar's stock price today? One share of TRUE stock can currently be purchased for approximately $2.83. How big of a company is TrueCar? TrueCar has a market capitalization of $303.57 million and generates $353.88 million in revenue each year. The technology company earns $-54,890,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. TrueCar employs 773 workers across the globe. What is TrueCar's official website? The official website for TrueCar is 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] This page was last updated on 6/3/2020 by MarketBeat.com Staff
