TrueCar, Inc. (TRUE)
Market Cap | 298.12M |
Revenue (ttm) | 158.71M |
Net Income (ttm) | -49.77M |
Shares Out | 91.17M |
EPS (ttm) | -0.55 |
PE Ratio | n/a |
Forward PE | 324.51 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 310,496 |
Open | 3.250 |
Previous Close | 3.270 |
Day's Range | 3.140 - 3.400 |
52-Week Range | 1.760 - 4.050 |
Beta | 1.65 |
Analysts | Buy |
Price Target | 3.75 (+13.29%) |
Earnings Date | May 6, 2024 |
About 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 le... [Read more]
Financial Performance
In 2023, TrueCar's revenue was $158.71 million, a decrease of -1.74% compared to the previous year's $161.52 million. Losses were -$49.77 million, -58.07% less than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for TRUE stock is "Buy." The 12-month stock price forecast is $3.75, which is an increase of 13.29% from the latest price.
News
TrueCar Releases Fourth Quarter 2023 Financial Results and Stockholder Letter
Live call and webcast will occur on February 21 at 9:00 a.m. ET SANTA MONICA, Calif.
TrueCar to Announce Fourth Quarter 2023 Financial Results in Stockholder Letter on February 20
Live call and webcast will occur on February 21 at 9:00 a.m. ET SANTA MONICA, Calif.
TrueCar Marketing Solutions Helps Dealers Conquest New Customers, Drive Service Revenue, and More
TrueCar drives purchase-ready customers to dealerships through customized broad and targeted marketing tactics NADA attendees can win $100K in free marketing spend and TrueCar Marketing Solutions serv...
TrueCar Awards Army Veteran with Brand New Vehicle Through DrivenToDrive Initiative
In partnership with DAV (Disabled American Veterans) and AutoNation, TrueCar recognizes veteran for continued service to community SANTA MONICA, Calif. , Nov. 9, 2023 /PRNewswire/ -- TrueCar , Inc. (...
TrueCar Releases Third Quarter 2023 Financial Results and Stockholder Letter
Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif.
TrueCar Announces New Partnership with Car and Driver Allowing Millions of Users to Shop for Vehicles on CarandDriver.com
SANTA MONICA, Calif. , Oct. 26, 2023 /PRNewswire/ -- TrueCar , Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, has ann...
TrueCar to Announce Third Quarter 2023 Financial Results in Stockholder Letter on November 6
Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif.
Costco share fall following results, while Cardiff Oncology and MillerKnoll shares soar, and more moving stocks
Cardiff Oncology Inc. CRDF, +0.62% shares surged 32% on favorable data from two cancer drug trials — metastatic pancreatic ductal adenocarcinoma and small cell lung cancer treatment.
TrueCar stock down 4% after online car platform gets new CFO
Shares of TrueCar Inc. TRUE, -0.88% fell 4% in the extended session Tuesday after the online car platform named Oliver Foley as its new chief financial officer, replacing Teresa Luong. Foley will star...
TrueCar Announces New Leadership Appointments
SANTA MONICA, Calif. , Sept. 26, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today a...
TrueCar Releases Second Quarter 2023 Financial Results and Stockholder Letter
Live call and webcast will occur on August 1 at 9:00 a.m. ET SANTA MONICA, Calif.
TrueCar to Announce Second Quarter 2023 Financial Results in Stockholder Letter on July 31
Live call and webcast will occur on August 1 at 9:00 a.m. ET SANTA MONICA, Calif.
Lennar's stock rises after builder boosts guidance, TrueCar shares soar on layoff plan, and other stocks on the move
Lennar Corp. shares LEN were rising 4% in morning trading after the homebuilder reported results that topped Wall Street expectations and hiked its delivery forecast for the year.
TrueCar Is Restructuring and Changing Management as Losses Continue
TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector. In an...
Automotive digital marketplace TrueCar slashes 24% of headcount
TrueCar said on Wednesday it was laying off 24% of its workforce as part of restructuring that would result in $20 million of annualized expense reduction for the automotive digital marketplace.
TrueCar lays off 102 employees, taps new CEO amid restructure
TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, the company said Wednesday. About 102 people will ...
TrueCar stock jumps 8% after layoffs, new CEO news
Shares of TrueCar Inc. TRUE rallied more than 8% in the aftermarket Wednesday after the car-pricing platform announced a restructuring, which includes laying off 24% of its workforce, and a new chief ...
TRUECAR ANNOUNCES STRATEGIC RESTRUCTURING AND LEADERSHIP TRANSITION
Restructuring Expected to Streamline Organization and Reduce Annualized Expenses by Over $20 Million Jantoon Reigersman Appointed President and Chief Executive Officer Michael Darrow to Depart from Co...
TrueCar Releases Analysis of May Industry Sales
May sales on pace for 23 month high SANTA MONICA, Calif. , May 30, 2023 /PRNewswire/ -- TrueCar, Inc.
TrueCar's DrivenToDrive Program Continues Tradition of Honoring Gold Star Families by Awarding Daughter with Brand New Vehicle
In partnership with AutoNation and wear blue: run to remember, the latest award is the ninth vehicle giveaway through the program SANTA MONICA, Calif. , May 23, 2023 /PRNewswire/ -- TrueCar , Inc. (N...
TrueCar to Participate in Upcoming Investor Conference
SANTA MONICA, Calif. , May 12, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today ann...
TrueCar Releases First Quarter 2023 Financial Results and Stockholder Letter
Live call and webcast will occur on May 9 at 9:00 a.m. ET SANTA MONICA, Calif.
TrueCar Releases Analysis of April Industry Sales
Average APRs stabilizing for new and used vehicles SANTA MONICA, Calif. , April 26, 2023 /PRNewswire/ -- TrueCar, Inc.
TrueCar to Announce First Quarter 2023 Financial Results in Stockholder Letter on May 8
Live call and webcast will occur on May 9 at 9:00 a.m. ET SANTA MONICA, Calif.
TrueCar Releases Analysis of March and First Quarter Industry Sales
Fleet sales are at their highest in three years SANTA MONICA, Calif. , March 29, 2023 /PRNewswire/ -- TrueCar, Inc.