NASDAQ:TRUE TrueCar (TRUE) Stock Price, News & Analysis $2.99 -0.13 (-4.17%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$2.98▼$3.1850-Day Range$2.71▼$3.8152-Week Range$1.76▼$4.05Volume384,130 shsAverage Volume236,547 shsMarket Capitalization$271.76 millionP/E RatioN/ADividend YieldN/APrice Target$3.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get TrueCar alerts: Email Address TrueCar MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside25.4% Upside$3.75 Price TargetShort InterestHealthy0.62% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.29Based on 5 Articles This WeekInsider TradingSelling Shares$56,400 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.27) to ($0.17) 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.2.42 out of 5 starsComputer And Technology Sector349th out of 594 stocksComputer Programming, Data Processing, & Other Computer Related Industry36th out of 58 stocks 3.5 Analyst's Opinion Consensus RatingTrueCar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageTrueCar has only been the subject of 2 research reports in the past 90 days.Read more about TrueCar's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.62% of the float of TrueCar has been sold short.Short Interest Ratio / Days to CoverTrueCar has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TrueCar has recently increased by 10.80%, indicating that investor sentiment is decreasing 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 1.8 News and Social Media Coverage News SentimentTrueCar has a news sentiment score of 0.29. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for TrueCar this week, compared to 4 articles on an average week.MarketBeat FollowsOnly 1 people have added TrueCar to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 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 $56,400.00 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 ($0.27) to ($0.17) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueCar is -7.47, 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 -7.47, 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 1.89. 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 Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. 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 HeadlinesAugust 28, 2024 | insidertrades.comJeff Swart Sells 20,000 Shares of TrueCar, Inc. (NASDAQ:TRUE) StockSeptember 6 at 8:22 PM | msn.comBeyond Rap: A Look at Ice T's High-End Convertible RideSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.September 6 at 8:22 PM | msn.comHere's What Happens When Ludacris Spends Serious Money On a High-End SUVSeptember 6 at 3:22 PM | msn.comCruising the Streets: Unveiling Mc Eiht's Smooth Classic RideSeptember 5 at 11:00 AM | msn.com10 Best Luxury Sports Cars Under $40K for RetireesAugust 30, 2024 | yahoo.comShould You Buy the Car You're Leasing?August 29, 2024 | ca.finance.yahoo.com10 Car Models That Will Have Massive Price Drops in September 2024September 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 28, 2024 | americanbankingnews.comInsider Selling: TrueCar, Inc. (NASDAQ:TRUE) EVP Sells 20,000 Shares of StockAugust 21, 2024 | finance.yahoo.comTrueCar (NASDAQ:TRUE) Is In A Strong Position To Grow Its BusinessAugust 18, 2024 | msn.comMore Than Basketball: Jayson Tatum and Stephen Curry Share The Same High-End Mercedes-BenzAugust 16, 2024 | yahoo.comWeRide preps for an IPO, meet the man who built a startup pipeline at CNH and Waymo’s nightly honk-a-thonAugust 16, 2024 | msn.com2025 Lincoln Navigator Is Grandiose and Full of Screens, as ExpectedAugust 16, 2024 | msn.comBret Michaels' Dream Machine: The Bentley That Captivated The American SingerAugust 16, 2024 | prnewswire.comTrueCar Announces Appointment of Jill Angel as Chief Operating OfficerAugust 12, 2024 | yahoo.comWhy Scott Painter is selling a beach house to start a new vehicle software companyAugust 10, 2024 | msn.comBTIG Upgrades TrueCar (TRUE)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 Earnings8/05/2024Today9/07/2024Next Earnings (Estimated)11/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer programming, data processing, & other computer related Sub-IndustryComputer Software Current SymbolNASDAQ:TRUE CUSIPN/A CIK1327318 Webwww.truecar.com Phone(800) 200-2000FaxN/AEmployees440Year FoundedN/APrice Target and Rating Average Stock Price Target$3.75 High Stock Price Target$3.75 Low Stock Price Target$3.75 Potential Upside/Downside+25.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 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-17.63% Pretax Margin-17.62% Return on Equity-14.10% Return on Assets-11.03% Debt Debt-to-Equity RatioN/A Current Ratio5.33 Quick Ratio5.33 Sales & Book Value Annual Sales$158.71 million Price / Sales1.71 Cash FlowN/A Price / Cash FlowN/A Book Value$1.58 per share Price / Book1.89Miscellaneous Outstanding Shares90,890,000Free Float88,552,000Market Cap$271.76 million OptionableOptionable Beta1.84 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsSynacorNASDAQ:SYNCAurora MobileNASDAQ:JGHealthStreamNASDAQ:HSTMSabreNASDAQ:SABRAmplitudeNASDAQ:AMPLView All CompetitorsInsiders & InstitutionsJeff SwartSold 20,000 sharesTotal: $56,400.00 ($2.82/share)SkyView Investment Advisors LLCBought 51,723 shares on 8/16/2024Ownership: 0.219%Mackenzie Financial CorpSold 25,325 shares on 8/15/2024Ownership: 0.020%Squarepoint Ops LLCBought 53,965 shares on 8/14/2024Ownership: 0.092%Marshall Wace LLPSold 187,353 shares on 8/14/2024Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions TRUE Stock Analysis - Frequently Asked Questions How have TRUE shares performed this year? TrueCar's stock was trading at $3.46 at the beginning of 2024. Since then, TRUE stock has decreased by 13.6% and is now trading at $2.99. View the best growth stocks for 2024 here. How were TrueCar's earnings last quarter? TrueCar, Inc. (NASDAQ:TRUE) posted its earnings results on Monday, August, 5th. The technology company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.02. The technology company had revenue of $41.80 million for the quarter, compared to analysts' expectations of $43.38 million. TrueCar had a negative trailing twelve-month return on equity of 14.10% and a negative net margin of 17.63%. 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. Who are TrueCar's major shareholders? TrueCar's top institutional investors include Dimensional Fund Advisors LP (3.55%), Acadian Asset Management LLC (2.33%), Renaissance Technologies LLC (2.32%) and Bank of Montreal Can (0.46%). Insiders that own company stock include Jeff Swart, Christopher W Claus, Brendan L Harrington 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. What other stocks do shareholders of TrueCar own? Based on aggregate information from My MarketBeat watchlists, some other companies that TrueCar investors own include Twitter (TWTR), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Intel (INTC), Boeing (BA) and Gilead Sciences (GILD). This page (NASDAQ:TRUE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...Porter & Company | Sponsored 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. Share TrueCar With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. 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 Log In 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.