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TrueCar (TRUE)
NASDAQ:TRUE
TrueCar (TRUE) Stock Price & Analysis
320 Followers
TRUE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.76 - $4.05
Previous Close$3.45
Volume305.56K
Average Volume (3M)166.18K
Market Cap
$316.26M
Enterprise Value$196.10M
Total Cash (Recent Filing)$133.69M
Total Debt (Recent Filing)$13.53M
Price to Earnings (P/E)―
Beta1.27
Next Earnings
Jul 31, 2024EPS Estimate
-$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.40
Shares Outstanding91,668,140
10 Day Avg. Volume161,175
30 Day Avg. Volume166,183
Standard Deviation0.19
R-Squared0.24
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)1.61
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.20
Enterprise Value/Gross Profit1.37
Enterprise Value/Ebitda-27.42
Forecast
1Y Price Target
$3.65Price Target Upside0.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
TrueCar News
PremiumPre-Earnings
Is TRUE a Buy, Before Earnings?
PremiumCompany Announcements
TrueCar Terminates Lease Over Landlord Breaches
PremiumCompany Announcements
TrueCar Increases Share Buyback Program to $100 Million
Bulls Say, Bears Say
Bulls Say
Earnings PotentialAnalyst reiterates a Buy rating and $4.50 price target on TRUE, reflecting confidence in the company's growth prospects.
Financial PerformanceTRUE's revenue per dealer is 30-50% below main peers, suggesting room for revenue growth and increased dealer wallet share.
Product LaunchThe launch of TrueCar Marketing Solutions (TCMS) could enhance value-added services and improve dealer revenue.
Bears Say
Earnings GuidanceTRUE's 1Q24 guidance was shy of consensus, indicating potential challenges ahead.
Financial PerformanceRevenue for the first quarter is expected to be lower than analyst consensus, indicating a slower start to the year.
Market ConditionsContinued softness in used car sales due to affordability constraints is a headwind for TRUE's near-term revenue.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by TrueCar
Desktop Users
Mobile Users
TRUE FAQ
What was TrueCar’s price range in the past 12 months?
TrueCar lowest stock price was $1.76 and its highest was $4.05 in the past 12 months.
What is TrueCar’s market cap?
Currently, no data Available
When is TrueCar’s upcoming earnings report date?
TrueCar’s upcoming earnings report date is Jul 31, 2024 which is in 10 days.
How were TrueCar’s earnings last quarter?
TrueCar released its earnings results on Apr 29, 2024. The company reported -$0.03 earnings per share for the quarter, missing the consensus estimate of -$0.027 by -$0.003.
Is TrueCar overvalued?
According to Wall Street analysts TrueCar’s price is currently Undervalued.
Does TrueCar pay dividends?
TrueCar does not currently pay dividends.
What is TrueCar’s EPS estimate?
TrueCar’s EPS estimate is -$0.07.
How many shares outstanding does TrueCar have?
TrueCar has 91,668,140 shares outstanding.
What happened to TrueCar’s price movement after its last earnings report?
TrueCar reported an EPS of -$0.03 in its last earnings report, missing expectations of -$0.027. Following the earnings report the stock price went down -4.348%.
Which hedge fund is a major shareholder of TrueCar?
Among the largest hedge funds holding TrueCar’s share is Caxton Associates LP. It holds TrueCar’s shares valued at N/A.
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TrueCar Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.65 (0.55% Upside)
$3.65 (0.55% Upside)
Blogger Sentiment
Bullish
TRUE Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 51.0K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.00%
12-Months-Change
Fundamentals
Return on Equity
-21.35%
Trailing 12-Months
Asset Growth
-15.68%
Trailing 12-Months
Company Description
TrueCar
TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. It provides pricing transparency about what other people paid for their cars. The company products include Used Cars for Sale, Sell My Car, Local Pricing, and Lease a Car. The company was founded by Thomas Taira, James Nguyen, Scott Painter, and Bernard Brenner in February 2005 and is headquartered in Santa Monica, CA.
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TRUE Company Deck
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TRUE Earnings Call
Q1 2024
0:00 / 0:00
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TRUE Stock 12 Month Forecast
Average Price Target
$3.65
▲(0.55% Upside)
Technical Analysis
Best Analysts Covering TRUE
1 Year
1 Year Success Rate
5/6 ratings generated profit
1 Year Average Return
+25.00%
reiterated a buy rating 3 months ago
Copying Chris Pierce's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +25.00% per trade.
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