How to buy TrueCar stock | $6.05

TrueCar, Inc is an internet content & information business based in the US. TrueCar shares (TRUE) are listed on the NASDAQ and all prices are listed in US Dollars. TrueCar employs 435 staff and has a trailing 12-month revenue of around 0.00.

TrueCar stock price (NASDAQ: TRUE)

Use our graph to track the performance of TRUE stocks over time.

TrueCar shares at a glance

• Key figures

Information last updated 2021-07-29.

Latest market close	$6.05
52-week range	$3.66 - $6.47
50-day moving average	$5.49
200-day moving average	$5.08
Wall St. target price	$6.79
PE ratio	7.2355
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.76

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Is it a good time to buy TrueCar stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of TrueCar, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

TrueCar price performance over time

Historical closes compared with the close of $6.05 from 2021-05-26

1 week (2021-07-20)	N/A
1 month (2021-07-01)	4.85%
3 months (2021-04-30)	31.52%
6 months (2021-01-27)	N/A

1 year (2020-07-27)	N/A
2 years (2019-07-27)	N/A
3 years (2018-07-27)	N/A
5 years (2016-07-27)	N/A

Is TrueCar under- or over-valued?

Valuing TrueCar stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TrueCar's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

TrueCar's P/E ratio

TrueCar's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, TrueCar shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

TrueCar's PEG ratio

TrueCar's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 14.22. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TrueCar's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

TrueCar's EBITDA

TrueCar's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $647,000.

The EBITDA is a measure of a TrueCar's overall financial performance and is widely used to measure a its profitability.

TrueCar financials

Revenue TTM	$264.9 million
Gross profit TTM	$258.2 million
Return on assets TTM	-0.62%
Return on equity TTM	-5.14%
Profit margin	29.75%
Book value	$3.77
Market capitalisation	$540.5 million

TTM: trailing 12 months

Shorting TrueCar shares

There are currently 7.8 million TrueCar shares held short by investors – that's known as TrueCar's "short interest". This figure is 0.9% down from 7.9 million last month.

There are a few different ways that this level of interest in shorting TrueCar shares can be evaluated.

TrueCar's "short interest ratio" (SIR)

TrueCar's "short interest ratio" (SIR) is the quantity of TrueCar shares currently shorted divided by the average quantity of TrueCar shares traded daily (recently around 843275.8396533). TrueCar's SIR currently stands at 9.23. In other words for every 100,000 TrueCar shares traded daily on the market, roughly 9230 shares are currently held short.

However TrueCar's short interest can also be evaluated against the total number of TrueCar shares, or, against the total number of tradable TrueCar shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TrueCar's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 TrueCar shares in existence, roughly 80 shares are currently held short) or 0.1266% of the tradable shares (for every 100,000 tradable TrueCar shares, roughly 127 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against TrueCar.

Find out more about how you can short TrueCar stock.

TrueCar share dividends

We're not expecting TrueCar to pay a dividend over the next 12 months.

TrueCar share price volatility

Over the last 12 months, TrueCar's shares have ranged in value from as little as $3.66 up to $6.47. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while TrueCar's is 1.1687. This would suggest that TrueCar's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

TrueCar overview

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 accurate, geographically specific, and real-time pricing information for consumers and dealers; 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; DealerSync, a dealer website creation and management service and a software platform that assists dealers in managing, marketing, and growing their business; and DealerScience that provides dealers with advanced digital retailing software tools. Further, the company customizes and operates its platform for financial institutions, membership-based organizations, and large enterprises.

Frequently asked questions

What percentage of TrueCar is owned by insiders or institutions?
Currently 10.107% of TrueCar shares are held by insiders and 87.227% by institutions. How many people work for TrueCar?
Latest data suggests 435 work at TrueCar. When does the fiscal year end for TrueCar?
TrueCar's fiscal year ends in December. Where is TrueCar based?
TrueCar's address is: 120 Broadway, Santa Monica, CA, United States, 90401 What is TrueCar's ISIN number?
TrueCar's international securities identification number is: US89785L1070 What is TrueCar's CUSIP number?
TrueCar's Committee on Uniform Securities Identification Procedures number is: 89785L107