NASDAQ:TRUE TrueCar (TRUE) Stock Price, News & Analysis → FW: 234x Gain (From Weiss Ratings) (Ad) Free TRUE Stock Alerts $2.88 0.00 (0.00%) (As of 01:13 PM ET) Add Compare Share Share Today's Range$2.86▼$2.9250-Day Range$2.64▼$3.7752-Week Range$1.76▼$4.05Volume38,907 shsAverage Volume205,958 shsMarket Capitalization$263.72 millionP/E RatioN/ADividend YieldN/APrice Target$3.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get TrueCar alerts: Email Address TrueCar MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside21.5% Upside$3.50 Price TargetShort InterestHealthy0.84% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.20Based on 24 Articles This WeekInsider TradingSelling Shares$100,500 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.19) to ($0.12) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.14 out of 5 starsComputer And Technology Sector288th out of 594 stocksComputer Programming, Data Processing, & Other Computer Related Industry25th out of 60 stocks 2.2 Analyst's Opinion Consensus RatingTrueCar has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageTrueCar has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.84% of the float of TrueCar has been sold short.Short Interest Ratio / Days to CoverTrueCar has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TrueCar has recently decreased by 13.51%, indicating that investor sentiment is improving significantly. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRUE. Previous Next 2.9 News and Social Media Coverage News SentimentTrueCar has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 24 news articles for TrueCar this week, compared to 5 articles on an average week.Search Interest6 people have searched for TRUE on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat Follows1 people have added TrueCar to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TrueCar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $100,500.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of TrueCar is held by insiders.Percentage Held by Institutions79.44% 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 grow in the coming year, from ($0.19) to ($0.12) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueCar is -7.20, 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 -7.20, 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 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings[URGENT] DO NOT Touch These AI Stocks!Artificial intelligence stocks are carrying the market. One of them, Nvidia, recently became the seventh company ever to hit a $1 trillion market cap. But is this AI rally over?Click here for our #1 AI Stock for 2024 and Beyond About TrueCar Stock (NASDAQ:TRUE)TrueCar, Inc. 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. 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. The company also offers forecast and consulting 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. In addition, it provides 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; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. The company was incorporated in 2005 and is headquartered in Santa Monica, California.Read More TRUE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRUE Stock News HeadlinesMay 2, 2024 | msn.comNew Ram Flagship Truck Above RHO Coming Soon?May 2, 2024 | msn.comA Collector's Curveball: Exploring the Futuristic Car Owned by Playboi CartiMay 3, 2024 | Behind the Markets (Ad)Forget Bitcoin: This $8 Stock Is the Next Big Thing4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.May 2, 2024 | markets.businessinsider.comAnalysts Conflicted on These Communication Services Names: TrueCar (TRUE) and BCE (BCE)May 2, 2024 | msn.comWe've Got Good News If You Ordered The Acura ZDXMay 1, 2024 | finance.yahoo.comTrueCar, Inc. (NASDAQ:TRUE) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comTrueCar Inc (TRUE) (Q1 2024) Earnings Call Transcript Highlights: Strategic Growth and ...May 1, 2024 | americanbankingnews.comTrueCar (NASDAQ:TRUE) Given New $4.00 Price Target at Needham & Company LLCMay 3, 2024 | Behind the Markets (Ad)Forget Bitcoin: This $8 Stock Is the Next Big Thing4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.May 1, 2024 | msn.comJust Say No to These Car Dealership ExtrasMay 1, 2024 | finance.yahoo.comQ1 2024 TrueCar Inc Earnings CallApril 30, 2024 | markets.businessinsider.comBuy Rating for TrueCar Amidst Positive Industry Position and Strategic Growth InitiativesApril 29, 2024 | markets.businessinsider.comTRUE Stock Earnings: TrueCar Misses EPS, Beats Revenue for Q1 2024April 29, 2024 | finance.yahoo.comTrueCar Inc (TRUE) Q1 2024 Earnings: Surpasses Revenue Forecasts and Reduces Net Loss SignificantlyApril 29, 2024 | msn.com2024 Mercedes-AMG CLE53: The Coupe, Made SwoleApril 29, 2024 | msn.comRevealed: The Most Common Causes Of Car CrashesApril 29, 2024 | prnewswire.comTrueCar Releases First Quarter 2024 Financial Results and Stockholder LetterApril 28, 2024 | msn.comThe Best Sports Sedan Deals In April 2024April 28, 2024 | msn.comTrueCar Q1 2024 Earnings PreviewApril 28, 2024 | msn.comFeast Your Eyes On The Biggest AMC Car CollectionApril 26, 2024 | msn.comComparison Test: 2024 Compact SUVs for the Real WorldApril 23, 2024 | msn.comApple CarPlay And Android Auto Receive Useful UpgradesApril 20, 2024 | finance.yahoo.comShould You Investigate TrueCar, Inc. (NASDAQ:TRUE) At US$2.91?April 20, 2024 | msn.comThe worst car deals right now, according to Consumer ReportsApril 19, 2024 | fool.comTrueCar (NASDAQ: TRUE)April 18, 2024 | msn.com2024 Mercedes-Benz CLE Cabriolet: Sunset CruiserApril 18, 2024 | msn.comBeyond Golf: Exploring Tiger Woods' High-Performance LamborghiniSee More Headlines Receive TRUE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TrueCar and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/20/2024Today5/03/2024Next Earnings (Estimated)7/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer programming, data processing, & other computer related Sub-IndustryN/A Current SymbolNASDAQ:TRUE CUSIPN/A CIK1327318 Webwww.truecar.com Phone(800) 200-2000FaxN/AEmployees324Year FoundedN/APrice Target and Rating Average Stock Price Target$3.50 High Stock Price Target$4.00 Low Stock Price Target$3.00 Potential Upside/Downside+21.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.40) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-49,770,000.00 Net Margins-22.15% Pretax Margin-31.35% Return on Equity-17.12% Return on Assets-13.10% Debt Debt-to-Equity RatioN/A Current Ratio5.63 Quick Ratio5.63 Sales & Book Value Annual Sales$158.71 million Price / Sales1.66 Cash FlowN/A Price / Cash FlowN/A Book Value$1.76 per share Price / Book1.64Miscellaneous Outstanding Shares91,570,000Free Float88,552,000Market Cap$263.72 million OptionableOptionable Beta1.71 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Jantoon E. Reigersman (Age 42)President & CEO Comp: $619.66kMr. Jeffrey J. Swart (Age 56)Executive VP, Secretary & General Counsel Comp: $561.25kMr. Oliver Foley (Age 39)Chief Financial Officer Ms. Jill AngelChief People Officer & OperationsMs. Zaineb BokhariVice President of Investor RelationsMs. Lisa HessHead of SalesMr. David GreenSenior Vice President of Major AccountsMr. Jay KuChief Revenue OfficerMore ExecutivesKey CompetitorsVNET GroupNASDAQ:VNETSify TechnologiesNASDAQ:SIFYSangoma TechnologiesNASDAQ:SANGSynacorNASDAQ:SYNCAurora MobileNASDAQ:JGView All CompetitorsInsiders & InstitutionsBNP Paribas Financial MarketsBought 18,501 shares on 5/1/2024Ownership: 0.077%Fairman Group LLCBought 21,097 shares on 3/26/2024Ownership: 0.023%Jeff SwartSold 15,000 sharesTotal: $51,750.00 ($3.45/share)Jeff SwartSold 15,000 sharesTotal: $48,750.00 ($3.25/share)Public Employees Retirement System of OhioSold 15,493 shares on 2/16/2024Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions TRUE Stock Analysis - Frequently Asked Questions Should I buy or sell TrueCar stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TRUE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRUE, but not buy additional shares or sell existing shares. View TRUE analyst ratings or view top-rated stocks. What is TrueCar's stock price target for 2024? 3 brokers have issued 1 year price targets for TrueCar's stock. Their TRUE share price targets range from $3.00 to $4.00. On average, they predict the company's share price to reach $3.50 in the next year. This suggests a possible upside of 21.5% from the stock's current price. View analysts price targets for TRUE or view top-rated stocks among Wall Street analysts. How have TRUE shares performed in 2024? TrueCar's stock was trading at $3.46 at the beginning of the year. Since then, TRUE stock has decreased by 16.8% and is now trading at $2.88. View the best growth stocks for 2024 here. When is TrueCar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024. View our TRUE earnings forecast. How were TrueCar's earnings last quarter? TrueCar, Inc. (NASDAQ:TRUE) released its quarterly earnings data on Tuesday, February, 20th. The technology company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.05. The technology company earned $41.29 million during the quarter, compared to the consensus estimate of $41.50 million. TrueCar had a negative trailing twelve-month return on equity of 17.12% and a negative net margin of 22.15%. What guidance has TrueCar issued on next quarter's earnings? TrueCar issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $40.7 million-$40.7 million, compared to the consensus revenue estimate of $43.7 million. What is Michael Darrow's approval rating as TrueCar's CEO? 31 employees have rated TrueCar Chief Executive Officer Michael Darrow on Glassdoor.com. Michael Darrow has an approval rating of 45% among the company's employees. This puts Michael Darrow in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 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), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Intel (INTC), Boeing (BA), Gilead Sciences (GILD), General Motors (GM), Inovio Pharmaceuticals (INO) and Southwest Airlines (LUV). Who are TrueCar's major shareholders? TrueCar's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BNP Paribas Financial Markets (0.08%). Insiders that own company stock include Brendan L Harrington, Charles C Thomas, Christopher W Claus, Dennis H Nelson, Jeff Swart, John W Mendel, Michael Darrow and Robert Buce. View institutional ownership trends. How do I buy shares of TrueCar? Shares of TRUE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:TRUE) was last updated on 5/3/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldThe AI stock to buy right nowStockEarningsFW: 234x GainWeiss RatingsUrgent Nvidia WarningAltimetryCould Your Accounts Be Frozen?Allegiance GoldDollar CancelledLear CapitalRich Dad Poor Dad Author Shocks Millions With 2024 Crash WarningAmerican Hartford Gold GroupForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
