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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 709 staff and has a trailing 12-month revenue of around USD$326.4 million.
Since the stock market crash in March caused by coronavirus, TrueCar's share price has had significant positive movement.
Its last market close was USD$4.94, which is 29.55% up on its pre-crash value of USD$3.48 and 129.77% up on the lowest point reached during the March crash when the shares fell as low as USD$2.15.
If you had bought USD$1,000 worth of TrueCar shares at the start of February 2020, those shares would have been worth USD$646.57 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,353.41.
|Latest market close||USD$4.94|
|52-week range||USD$1.98 - USD$6.47|
|50-day moving average||USD$4.924|
|200-day moving average||USD$3.4975|
|Wall St. target price||USD$6.29|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-0.49|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
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.
|1 week (2020-10-13)||-0.60%|
|1 month (2020-09-18)||0.10%|
|3 months (2020-07-20)||65.49%|
|6 months (2020-04-20)||123.53%|
|1 year (2019-10-18)||45.51%|
|2 years (2018-10-19)||-57.01%|
|3 years (2017-10-20)||-69.13%|
|5 years (2015-10-20)||-24.12%|
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 "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.
|Revenue TTM||USD$326.4 million|
|Gross profit TTM||USD$321.6 million|
|Return on assets TTM||-2.08%|
|Return on equity TTM||-11.83%|
|Market capitalisation||USD$536.8 million|
TTM: trailing 12 months
There are currently 7.3 million TrueCar shares held short by investors – that's known as TrueCar's "short interest". This figure is 3.4% down from 7.5 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) is the quantity of TrueCar shares currently shorted divided by the average quantity of TrueCar shares traded daily (recently around 907676.65418227). TrueCar's SIR currently stands at 8.01. In other words for every 100,000 TrueCar shares traded daily on the market, roughly 8010 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 0.07% of the outstanding shares (for every 100,000 TrueCar shares in existence, roughly 70 shares are currently held short) or 0.0834% of the tradable shares (for every 100,000 tradable TrueCar shares, roughly 83 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.
We're not expecting TrueCar to pay a dividend over the next 12 months.
Over the last 12 months, TrueCar's shares have ranged in value from as little as $1.98 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 1.4953. This would suggest that TrueCar's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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. The company also customizes and operates its platform for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for large enterprises. 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. In addition, the company 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. Further, it provides geographically specific 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. The company was formerly known as Zag.com Inc. TrueCar, Inc. was founded in 2005 and is headquartered in Santa Monica, California.
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