Truecar Stock Today

TRUE Stock  USD 3.97  0.05  1.28%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 8

 
High
 
Low
Low
TrueCar is trading at 3.97 as of the 22nd of November 2024, a 1.28 percent increase since the beginning of the trading day. The stock's lowest day price was 3.82. TrueCar has only a 8 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for TrueCar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
16th of May 2014
Category
Communication Services
TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California. Truecar operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. The company has 86.96 M outstanding shares of which 847.35 K shares are at this time shorted by private and institutional investors with about 2.85 trading days to cover. More on TrueCar

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TrueCar Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOVictor III
Business ConcentrationInteractive Media & Services, Internet Content & Information, Communication Services, Stock Exchange Of, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.830.7768
Notably Up
Slightly volatile
Gross Profit Margin0.720.9001
Significantly Down
Pretty Stable
Total Current Liabilities30.4 M29 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total28.6 M15.1 M
Way Up
Slightly volatile
Total Assets343.1 M204.3 M
Way Up
Slightly volatile
Total Current Assets210.2 M163.1 M
Significantly Up
Slightly volatile
Debt Levels
TrueCar can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TrueCar's financial leverage. It provides some insight into what part of TrueCar's total assets is financed by creditors.
Liquidity
TrueCar currently holds 14.41 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. TrueCar has a current ratio of 7.06, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about TrueCar's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(7.25 Million)
TrueCar (TRUE) is traded on NASDAQ Exchange in USA. It is located in 1401 Ocean Avenue, Santa Monica, CA, United States, 90401 and employs 324 people. TrueCar is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 345.22 M. TrueCar conducts business under Interactive Media & Services sector and is part of Communication Services industry. The entity has 86.96 M outstanding shares of which 847.35 K shares are at this time shorted by private and institutional investors with about 2.85 trading days to cover. TrueCar currently holds about 199.68 M in cash with (22.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.2.
Check TrueCar Probability Of Bankruptcy
Ownership Allocation
TrueCar shows a total of 86.96 Million outstanding shares. The majority of TrueCar outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TrueCar to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in TrueCar. Please pay attention to any change in the institutional holdings of TrueCar as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check TrueCar Ownership Details

TrueCar Stock Institutional Holders

InstituionRecorded OnShares
Acuitas Investments, Llc2024-06-30
1.1 M
Springbok Capital Management, Llc2024-06-30
994.4 K
D. E. Shaw & Co Lp2024-06-30
859.8 K
Northern Trust Corp2024-09-30
696.9 K
Acadian Asset Management Llc2024-06-30
671.2 K
Bank Of Montreal2024-06-30
416.1 K
Bmo Capital Markets Corp.2024-06-30
416.1 K
Jacobs Levy Equity Management, Inc.2024-06-30
403.8 K
Fmr Inc2024-09-30
380.6 K
Caledonia (private) Investments Pty Ltd2024-06-30
17.8 M
United Services Automobile Association2024-06-30
M
View TrueCar Diagnostics

TrueCar Historical Income Statement

At present, TrueCar's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to about 147.4 M, whereas Operating Income is forecasted to decline to (59.3 M). View More Fundamentals

TrueCar Stock Against Markets

TrueCar Corporate Management

When determining whether TrueCar is a strong investment it is important to analyze TrueCar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TrueCar's future performance. For an informed investment choice regarding TrueCar Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TrueCar. If investors know TrueCar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.29)
Revenue Per Share
1.874
Quarterly Revenue Growth
0.131
Return On Assets
(0.06)
Return On Equity
(0.19)
The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TrueCar's market value can be influenced by many factors that don't directly affect TrueCar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.