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NASDAQ:TRUE

TrueCar (TRUE) Stock Price, News & Analysis

$2.99
-0.13 (-4.17%)
(As of 09/6/2024 ET)
Today's Range
$2.98
$3.18
50-Day Range
$2.71
$3.81
52-Week Range
$1.76
$4.05
Volume
384,130 shs
Average Volume
236,547 shs
Market Capitalization
$271.76 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.75

TrueCar MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
25.4% Upside
$3.75 Price Target
Short Interest
Healthy
0.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.29mentions of TrueCar in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$56,400 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.27) to ($0.17) Per Share

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 stars

Computer And Technology Sector

349th out of 594 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

36th out of 58 stocks

TRUE stock logo

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.

TRUE Stock Price History

TRUE Stock News Headlines

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.
10 Best Luxury Sports Cars Under $40K for Retirees
Should You Buy the Car You're Leasing?
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.
BTIG Upgrades TrueCar (TRUE)
See More Headlines
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Company Calendar

Last Earnings
8/05/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Current Symbol
NASDAQ:TRUE
Fax
N/A
Employees
440
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-49,770,000.00
Pretax Margin
-17.62%

Debt

Sales & Book Value

Annual Sales
$158.71 million
Book Value
$1.58 per share

Miscellaneous

Free Float
88,552,000
Market Cap
$271.76 million
Optionable
Optionable
Beta
1.84
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Key Executives

  • Mr. Jantoon E. Reigersman (Age 42)
    President & CEO
    Comp: $619.66k
  • Mr. Jeffrey J. Swart (Age 56)
    Executive VP, Secretary & General Counsel
    Comp: $561.25k
  • Mr. Oliver Foley (Age 39)
    Chief Financial Officer
  • Ms. Jill Angel
    Chief People Officer & Operations
  • Ms. Zaineb Bokhari
    Vice President of Investor Relations
  • Ms. Lisa Hess
    Head of Sales
  • Mr. David Green
    Senior Vice President of Major Accounts
  • Mr. Jay Ku
    Chief Revenue Officer

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

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