TrueCar (NASDAQ:TRUE - Get Free Report) is anticipated to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $47.30 million for the quarter. Investors that wish to listen to the company's conference call can do so using this link.
TrueCar Stock Down 1.2 %
Shares of TRUE traded down $0.04 during trading hours on Friday, reaching $3.34. The stock had a trading volume of 209,675 shares, compared to its average volume of 221,586. TrueCar has a 52 week low of $2.56 and a 52 week high of $4.62. The firm has a 50-day moving average of $3.66 and a 200 day moving average of $3.56. The company has a market cap of $290.44 million, a P/E ratio of -11.52 and a beta of 1.75.
Analyst Ratings Changes
TRUE has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $5.00 target price on shares of TrueCar in a research note on Wednesday, January 15th. BTIG Research upped their target price on shares of TrueCar from $3.75 to $4.50 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. B. Riley upped their target price on shares of TrueCar from $3.30 to $4.00 and gave the stock a "neutral" rating in a research note on Monday, November 11th. Finally, StockNews.com raised shares of TrueCar from a "hold" rating to a "buy" rating in a research note on Tuesday, December 3rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $4.88.
Check Out Our Latest Analysis on TRUE
TrueCar Company Profile
(
Get Free Report)
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.
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