NASDAQ:TRUE TrueCar (TRUE) Stock Price, News & Analysis → “Crash Insurance” For Your Retirement (From Unstoppable Prosperity) (Ad) Free TRUE Stock Alerts $2.76 -0.12 (-4.17%) (As of 01:33 PM ET) Add Compare Share Share Today's Range$2.76▼$2.8550-Day Range$2.64▼$3.7752-Week Range$1.76▼$4.05Volume57,051 shsAverage Volume202,114 shsMarket Capitalization$252.73 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/Downside26.8% Upside$3.50 Price TargetShort InterestHealthy0.84% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 12 Articles This WeekInsider TradingSelling Shares$100,500 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.22) to ($0.14) 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.3.12 out of 5 starsComputer And Technology Sector391st out of 592 stocksComputer Programming, Data Processing, & Other Computer Related Industry36th out of 58 stocks 3.2 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.Read more about TrueCar's stock forecast and price target. 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 0.17. 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 0.40 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 12 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 Follows2 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.Read more about TrueCar's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TrueCar are expected to grow in the coming year, from ($0.22) to ($0.14) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueCar is -6.90, 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 -6.90, 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 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about TrueCar's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsFidelity, Bezos, Goldman Bet Big on Tiny BiotechAre you ready for a major shift in the investment world? There's a new drug The Wall Street Journal is calling the "King Kong" of drugs.Don't miss out on the "next Ozempic" >>> 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 7, 2024 | americanbankingnews.comStockNews.com Downgrades TrueCar (NASDAQ:TRUE) to HoldMay 6, 2024 | msn.comThe Best Hybrid Car Deals And Incentives Going On Right Now: May 2024May 8, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.May 4, 2024 | americanbankingnews.comBrokers Issue Forecasts for TrueCar, Inc.'s Q2 2024 Earnings (NASDAQ:TRUE)May 3, 2024 | msn.comThe Mazda MX-5 Miata Lost Sight of Its Best AttributeMay 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 2, 2024 | markets.businessinsider.comAnalysts Conflicted on These Communication Services Names: TrueCar (TRUE) and BCE (BCE)May 8, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.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 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?See 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 Earnings2/20/2024Today5/08/2024Next 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:SYNCCEVANASDAQ:CEVAView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Bought 151,115 shares on 5/8/2024Ownership: 0.732%SG Americas Securities LLCSold 17,669 shares on 5/7/2024Ownership: 0.034%BNP 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)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 equities research 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 equities research 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 Wall Street research analysts have issued 12 month target prices for TrueCar's stock. Their TRUE share price targets range from $3.00 to $4.00. On average, they expect the company's stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 26.8% 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 2024. Since then, TRUE stock has decreased by 20.2% and is now trading at $2.76. 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 results on Tuesday, February, 20th. The technology company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.05. The technology company had revenue of $41.29 million for the quarter, compared to analyst estimates 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 EPS 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 many different institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.73%), BNP Paribas Financial Markets (0.08%) and SG Americas Securities LLC (0.03%). 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. 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