Truecar Stock Today
TRUE Stock | USD 2.85 0.03 1.04% |
Performance0 of 100
| Odds Of DistressLess than 13
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TrueCar is trading at 2.85 as of the 5th of May 2024, a -1.04 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.85. TrueCar has less than a 13 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over 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 5th of February 2024 and ending today, the 5th of May 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 91.57 M outstanding shares of which 592.99 K shares are at this time shorted by private and institutional investors with about 2.82 trading days to cover. More on TrueCar
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Moving against TrueCar Stock
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0.51 | MAX | MediaAlpha | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
TrueCar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TrueCar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TrueCar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Victor III | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Interactive 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 Analysts covering TrueCar report their recommendations after researching TrueCar's financial statements, talking to executives and customers, or listening in on TrueCar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TrueCar. The TrueCar consensus assessment is calculated by taking the average forecast from all of the analysts covering TrueCar. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of TrueCar's profitability, liquidity, and operating efficiency, TrueCar is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. Financial strength of TrueCar is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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TrueCar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TrueCar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
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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 260.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TrueCar's market, we take the total number of its shares issued and multiply it by TrueCar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TrueCar conducts business under Interactive Media & Services sector and is part of Communication Services industry. The entity has 91.57 M outstanding shares of which 592.99 K shares are at this time shorted by private and institutional investors with about 2.82 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 AllocationTrueCar maintains a total of 91.57 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check TrueCar Ownership Details
TrueCar Stock Price Odds Analysis
What are TrueCar's target price odds to finish over the current price? Based on a normal probability distribution, the odds of TrueCar jumping above the current price in 90 days from now is about 92.34%. The TrueCar probability density function shows the probability of TrueCar stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.0953. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TrueCar will likely underperform. Additionally, trueCar has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of TrueCar to move above the current price in 90 days from now is about 92.34 (This TrueCar probability density function shows the probability of TrueCar Stock to fall within a particular range of prices over 90 days) .
TrueCar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in TrueCar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TrueCar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TrueCar's value.Instituion | Recorded On | Shares | |
Acuitas Investments, Llc | 2023-12-31 | 1.3 M | |
D. E. Shaw & Co Lp | 2023-09-30 | 1.1 M | |
Morgan Stanley - Brokerage Accounts | 2023-12-31 | 995.6 K | |
Springbok Capital Management, Llc | 2023-12-31 | 937.8 K | |
Fuller & Thaler Asset Management Inc | 2023-12-31 | 775.5 K | |
Whetstone Capital Advisors, Llc | 2023-12-31 | 766.6 K | |
Northern Trust Corp | 2023-12-31 | 740.3 K | |
Jacobs Levy Equity Management, Inc. | 2023-09-30 | 561.7 K | |
J. Goldman & Co Lp | 2023-12-31 | 436.3 K | |
Caledonia (private) Investments Pty Ltd | 2023-12-31 | 18.4 M | |
Cannell Capital Llc | 2023-12-31 | 8.2 M |
TrueCar Historical Income Statement
TrueCar Income Statement is one of the three primary financial statements used for reporting TrueCar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TrueCar revenue and expense. TrueCar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 (59.9 M). View More FundamentalsTrueCar Stock Against Markets
Picking the right benchmark for TrueCar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TrueCar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TrueCar is critical whether you are bullish or bearish towards TrueCar at a given time. Please also check how TrueCar's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in TrueCar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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TrueCar Corporate Management
Elected by the shareholders, the TrueCar's board of directors comprises two types of representatives: TrueCar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TrueCar. The board's role is to monitor TrueCar's management team and ensure that shareholders' interests are well served. TrueCar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TrueCar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jay Nieman | Head Sales | Profile | |
Paul Edmonds | VP Operations | Profile | |
Elias Rokos | Chief Officer | Profile | |
Shadee Malekafzali | Director PR | Profile | |
Jill Angel | Chief Operations | Profile | |
Oliver Foley | Chief Officer | Profile |
How to buy TrueCar Stock?
Before investing in TrueCar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TrueCar. To buy TrueCar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TrueCar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase TrueCar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TrueCar stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased TrueCar stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TrueCar, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TrueCar Stock please use our How to Invest in TrueCar guide.
Already Invested in TrueCar?
The danger of trading TrueCar is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TrueCar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TrueCar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TrueCar is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for TrueCar Stock analysis
When running TrueCar's price analysis, check to measure TrueCar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrueCar is operating at the current time. Most of TrueCar's value examination focuses on studying past and present price action to predict the probability of TrueCar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueCar's price. Additionally, you may evaluate how the addition of TrueCar to your portfolios can decrease your overall portfolio volatility.
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Is TrueCar's industry 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 (0.55) | Revenue Per Share 1.8 | Quarterly Revenue Growth 0.11 | Return On Assets (0.09) | Return On Equity (0.21) |
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.