NASDAQ:TRUE - TrueCar Stock Price, Price Target & More

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$11.35 +0.05 (+0.44 %)
(As of 07/23/2018 06:00 AM ET)
Previous Close$11.35
Today's Range$11.23 - $11.48
52-Week Range$8.75 - $20.88
Volume424,571 shs
Average Volume1.08 million shs
Market Capitalization$1.14 billion
P/E Ratio-42.04
Dividend YieldN/A
Beta2.56
TrueCar logoTrueCar, 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

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

Debt

Debt-to-Equity Ratio0.09
Current Ratio7.14
Quick Ratio7.14

Price-To-Earnings

Trailing P/E Ratio-42.04
Forward P/E Ratio-42.04
P/E GrowthN/A

Sales & Book Value

Annual Sales$323.15 million
Price / Sales3.54
Cash FlowN/A
Price / CashN/A
Book Value$3.13 per share
Price / Book3.63

Profitability

EPS (Most Recent Fiscal Year)($0.27)
Net Income$-32,840,000.00
Net Margins-10.69%
Return on Equity-8.62%
Return on Assets-7.00%

Miscellaneous

Employees686
Outstanding Shares100,930,000
Market Cap$1,144.57

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, May, 8th. The technology company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.01. The technology company had revenue of $81.06 million for the quarter, compared to analysts' expectations of $81.36 million. TrueCar had a negative net margin of 10.69% and a negative return on equity of 8.62%. The business's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.01) EPS. View TrueCar's Earnings History.

When is TrueCar's next earnings date?

TrueCar is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for TrueCar.

What price target have analysts set for TRUE?

9 brokerages have issued twelve-month price targets for TrueCar's shares. Their predictions range from $9.00 to $18.00. On average, they expect TrueCar's stock price to reach $14.8438 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View Analyst Ratings 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, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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. " (6/6/2018)
  • 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)
  • 3. B. Riley analysts commented, "We believe this is a function of a fully revamped technology infrastructure and UI as well as the addition of consumer reviews over the last few weeks. Content, especially expert and user generated content, tends to be favored by GOOGL’s algorithms and usually drives up rankings on the SERP . We believe these Search Engine Optimization (SEO) benefits are in the early stages and should become a key driver of traffic over the next few quarters as additional content is layered in by 2Q18. The benefit of organic traffic is it provides zero cost, high intent traffic to the site. Under the current circumstances, where monetization is low for TRUE, we expect the company to cut back on paid advertising to reduce amount of undermonetized traffic leading to reduced ad spend and therefore improved margins." (10/31/2017)

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 64)
  • Mr. Neeraj Gunsagar, Exec. VP & Chief Marketing Officer (Age 41)
  • Mr. Brian Skutta, Exec. VP of Dealer Sales & Service (Age 41)
  • Mr. Michael Darrow, Exec. VP of OEM & Partner Devel. (Age 60)
  • Mr. John Pierantoni, Interim CFO & Chief Accounting Officer (Age 46)

Has TrueCar been receiving favorable news coverage?

Media coverage about TRUE stock has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TrueCar earned a news sentiment score of 0.23 on Accern's scale. They also gave news headlines about the technology company an impact score of 46.33 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are TrueCar's major shareholders?

TrueCar's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.13%) and Amalgamated Bank (0.01%). 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, Services Automobile Ass United and Steven J Dietz. View Institutional Ownership Trends for TrueCar.

Which institutional investors are buying TrueCar stock?

TRUE stock was acquired by a variety of institutional investors in the last quarter, including Amalgamated Bank and Bank of Montreal Can. 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 $11.35.

How big of a company is TrueCar?

TrueCar has a market capitalization of $1.14 billion 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.

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:  289 (Vote Outperform)
Underperform Votes:  383 (Vote Underperform)
Total Votes:  672
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 7/23/2018 by MarketBeat.com Staff

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