TruGolf (TRUG) Stock Price, News & Analysis

Company Overview

TruGolf Holdings, Inc., through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies' hardware. The company was founded in 1982 and is headquartered in Centerville, Utah.

Key Stats

• Today's Range: $0.42 to $0.50
• 50-Day Range: $0.37 to $0.90
• 52-Week Range: $0.35 to $11.82
• Volume: 2.97 million shs
• Average Volume: 1.34 million shs
• Market Capitalization: $5.11 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.00
• Consensus Rating: Buy

TruGolf Stock Analysis - MarketRank™

TruGolf scored higher than 56% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

TruGolf has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

TruGolf has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of TruGolf is -1.02, 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. Sector

The P/E ratio of TruGolf is -1.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.43% of the float of TruGolf has been sold short.

Short Interest Ratio / Days to Cover

TruGolf has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TruGolf has recently decreased by 58.86%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

TruGolf does not currently pay a dividend.

Dividend Growth

TruGolf does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.43% of the float of TruGolf has been sold short.

Short Interest Ratio / Days to Cover

TruGolf has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TruGolf has recently decreased by 58.86%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.13

News Sentiment

TruGolf has a news sentiment score of 0.13. 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 0.64 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for TruGolf this week, compared to 0 articles on an average week.

Search Interest

5 people have searched for TRUG on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TruGolf insiders have not sold or bought any company stock.

Percentage Held by Insiders

37.17% of the stock of TruGolf is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.24% of the stock of TruGolf is held by institutions.

TRUG Stock Analysis - Frequently Asked Questions

How have TRUG shares performed this year?

TruGolf's stock was trading at $1.64 on January 1st, 2024. Since then, TRUG stock has decreased by 73.8% and is now trading at $0.43.
View the best growth stocks for 2024 here.

Who are TruGolf's major shareholders?

Top institutional shareholders of TruGolf include Clear Street Derivatives LLC (0.23%).

How do I buy shares of TruGolf?

Shares of TRUG 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 TruGolf own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TruGolf investors own include Arch Capital Group (ACGL), Adobe (ADBE), Analog Devices (ADI), Alnylam Pharmaceuticals (ALNY), Amgen (AMGN), AstraZeneca (AZN) and Baidu (BIDU).

Company Calendar

• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Sporting & athletic goods, not elsewhere classified
• Sub-Industry: Recreation
• Current Symbol: NASDAQ:TRUG
• Previous Symbol: NASDAQ:TRUG
• CUSIP: N/A
• CIK: 1857086
• Web: trugolf.com
• Phone: 917-289-2776
• Fax: N/A
• Employees: 93
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.00
• High Stock Price Target: $2.00
• Low Stock Price Target: $2.00
• Potential Upside/Downside: +365.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-360,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: -21.06%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.89
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: $20.35 million
• Price / Sales: 0.25
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($1.04) per share
• Price / Book: -0.41

Miscellaneous

• Outstanding Shares: 11,888,000
• Free Float: 7,469,000
• Market Cap: $5.11 million
• Optionable: N/A
• Beta: -0.75