TRUE
TrueCar, Inc. [TRUE] Stock Forecast
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In the News
TrueCar's Fundamentals Stabilize As Car Market Rebalances
TrueCar, Inc. beats revenue estimates in Q3 2023 by approximately $170,000. TrueCar operates an online marketplace for automobile purchases in the United States. The company's fundamentals are improving, but it may not return to high growth or achieve operating breakeven in the near term.
TrueCar (TRUE) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for TrueCar (TRUE) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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 start at TrueCar on Oct. 30 and report to Chief Executive Jantoon Reigersman, the company said.
TrueCar Inc's Rocky Road Ahead: Unraveling the Factors Limiting Outperformance
Long-established in the Interactive Media industry, TrueCar Inc ( TRUE , Financial) has enjoyed a stellar reputation. It has recently witnessed a surge of 12.44%, juxtaposed with a three-month change of 0.21%.
3 Auto Stocks to Buy as New Car Affordability Plummets
Before jumping into which auto stocks investors should consider buying let's look at the numbers surrounding affordability. The numbers are pretty shocking, frankly.
TrueCar's Revenue Turns Up As OEMs Restart Incentives
TrueCar, Inc. beat revenue and EPS consensus estimates in its recently reported Q2 2023 financial results. The firm connects car buyers with dealers in the U.S. for new or used automobiles via its online platform. Management highlighted a return to sequential revenue growth as OEM incentives began to reappear.
TrueCar (TRUE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for TrueCar (TRUE) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TrueCar (TRUE) Reports Q2 Loss, Tops Revenue Estimates
TrueCar (TRUE) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.07 per share a year ago.
3 Stocks to Buy Before They Report 2Q Results
Stocks generally display positive momentum after a positive earnings report, which is the reason for selecting these three.
TrueCar stock revs higher on big staff cuts; new CEO
TrueCar (NASDAQ:TRUE) Inc shares climbed 10% to $2.72 on Thursday after the car-pricing platform announced that it is eliminating 24% of its workforce, or about 102 positions, and has named a new CEO. TrueCar revealed that its chief operating officer Jantoon Reigersman will replace Michael Darrow as the company's CEO, but did not provide details on why the move was being made.
TRUE Financial details
TRUE Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
| Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 3.46 | 3.34 | 2.62 | 2.38 | 1.77 | |
| Net income per share | -0.28 | -0.52 | -0.19 | -0.39 | -1.3 | |
| Operating cash flow per share | 0.24 | 0.19 | 0.37 | 0.15 | -0.32 | |
| Free cash flow per share | 0.08 | 0.09 | 0.27 | 0.04 | -0.45 | |
| Cash per share | 1.92 | 1.72 | 2.57 | 2.52 | 1.92 | |
| Book value per share | 3.39 | 3.09 | 3.61 | 3.39 | 2.16 | |
| Tangible book value per share | 2.45 | 2.24 | 3.07 | 2.81 | 2 | |
| Share holders equity per share | 3.39 | 3.09 | 3.61 | 3.39 | 2.16 | |
| Interest debt per share | 0.25 | 0.41 | 0.35 | 0.32 | 1.51 | |
| Market cap | 925.47M | 502.57M | 446.52M | 331M | 229.54M | |
| Enterprise value | 752.33M | 364.04M | 209.95M | 117.33M | 77.04M | |
| P/E ratio | -32.68 | -9.16 | -22.51 | -8.63 | -1.93 | |
| Price to sales ratio | 2.62 | 1.42 | 1.6 | 1.43 | 1.42 | |
| POCF ratio | 37.27 | 24.7 | 11.42 | 23.32 | -7.88 | |
| PFCF ratio | 119.66 | 55.47 | 15.48 | 94.44 | -5.62 | |
| P/B Ratio | 2.67 | 1.54 | 1.16 | 1 | 1.16 | |
| PTB ratio | 2.67 | 1.54 | 1.16 | 1 | 1.16 | |
| EV to sales | 2.13 | 1.03 | 0.75 | 0.51 | 0.48 | |
| Enterprise value over EBITDA | -237.18 | -12.55 | 11.31 | -9.09 | 5.38 | |
| EV to operating cash flow | 30.3 | 17.89 | 5.37 | 8.27 | -2.64 | |
| EV to free cash flow | 97.28 | 40.18 | 7.28 | 33.48 | -1.89 | |
| Earnings yield | -0.03 | -0.11 | -0.04 | -0.12 | -0.52 | |
| Free cash flow yield | 0.01 | 0.02 | 0.06 | 0.01 | -0.18 | |
| Debt to equity | 0.07 | 0.13 | 0.1 | 0.1 | 0.12 | |
| Debt to assets | 0.05 | 0.1 | 0.08 | 0.08 | 0.09 | |
| Net debt to EBITDA | 54.58 | 4.78 | -12.75 | 16.56 | -10.65 | |
| Current ratio | 6.15 | 4.43 | 7.79 | 8.57 | 6.43 | |
| Interest coverage | -11.01 | 0 | 0 | 0 | -0.05 | |
| Income quality | -0.88 | -0.37 | -1.97 | -0.37 | 0.25 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0.15 | 0.18 | 0.18 | 0.21 | 0.27 | |
| Research and developement to revenue | 0.17 | 0.16 | 0.16 | 0.18 | 0.29 | |
| Intangibles to total assets | 0.23 | 0.21 | 0.13 | 0.14 | 0.06 | |
| Capex to operating cash flow | -0.69 | -0.55 | -0.26 | -0.75 | 0.4 | |
| Capex to revenue | -0.05 | -0.03 | -0.04 | -0.05 | -0.07 | |
| Capex to depreciation | -0.75 | -0.36 | -0.4 | -0.52 | -0.57 | |
| Stock based compensation to revenue | 0.11 | 0.11 | 0.08 | 0.09 | 0.11 | |
| Graham number | 4.6 | 6.01 | 3.89 | 5.48 | 7.94 | |
| ROIC | -0.07 | -0.14 | 0 | -0.09 | -0.02 | |
| Return on tangible assets | -0.09 | -0.17 | -0.05 | -0.12 | -0.5 | |
| Graham Net | 1.58 | 1.18 | 2.13 | 2.08 | 1.47 | |
| Working capital | 213.9M | 185.57M | 283.21M | 238.46M | 167.06M | |
| Tangible asset value | 249.79M | 236.7M | 326.13M | 273.63M | 183.3M | |
| Net current asset value | 181.05M | 145.33M | 250.81M | 212.05M | 143.58M | |
| Invested capital | 0.07 | 0.13 | 0.1 | 0.1 | 0.12 | |
| Average receivables | 43.46M | 46.32M | 38.91M | 24.82M | 15.25M | |
| Average payables | 22.46M | 23.82M | 17.27M | 12.28M | 10.01M | |
| Average inventory | 6.47M | 7.34M | 6.51M | 5.97M | 6.06M | |
| Days sales outstanding | 49.3 | 46.3 | 43.12 | 26.32 | 31.15 | |
| Days payables outstanding | 308.19 | 232.97 | 223.55 | 186.51 | 194.85 | |
| Days of inventory on hand | 87.5 | 78.78 | 98.24 | 100.86 | 134.38 | |
| Receivables turnover | 7.4 | 7.88 | 8.46 | 13.87 | 11.72 | |
| Payables turnover | 1.18 | 1.57 | 1.63 | 1.96 | 1.87 | |
| Inventory turnover | 4.17 | 4.63 | 3.72 | 3.62 | 2.72 | |
| ROE | -0.08 | -0.17 | -0.05 | -0.12 | -0.6 | |
| Capex per share | -0.17 | -0.11 | -0.1 | -0.11 | -0.13 |
Quarterly Fundamentals Overview
Last date of statement is 2023-09-30 for Q3
| Metric | History | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 0.43 | 0.4 | 0.42 | 0.44 | 0.46 | |
| Net income per share | -0.85 | -0.2 | -0.22 | -0.23 | -0.09 | |
| Operating cash flow per share | -0.07 | -0.1 | -0.14 | -0.11 | 0.06 | |
| Free cash flow per share | -0.1 | -0.13 | -0.18 | -0.15 | 0.03 | |
| Cash per share | 2.13 | 1.92 | 1.74 | 1.57 | 1.59 | |
| Book value per share | 2.38 | 2.16 | 2.05 | 1.84 | 1.77 | |
| Tangible book value per share | 2.21 | 2 | 1.9 | 1.71 | 1.66 | |
| Share holders equity per share | 2.38 | 2.16 | 2.05 | 1.84 | 1.77 | |
| Interest debt per share | 1.58 | 0.25 | 0.23 | 0.23 | 0.22 | |
| Market cap | 136.94M | 229.54M | 203.89M | 202.01M | 186.66M | |
| Enterprise value | -31.85M | 77.04M | 71.25M | 82.5M | 63.24M | |
| P/E ratio | -0.44 | -3.16 | -2.61 | -2.47 | -5.93 | |
| Price to sales ratio | 3.51 | 6.26 | 5.51 | 5.14 | 4.54 | |
| POCF ratio | -20.55 | -25.72 | -16.85 | -20.22 | 34.08 | |
| PFCF ratio | -15.02 | -18.7 | -12.78 | -15.26 | 60.1 | |
| P/B Ratio | 0.63 | 1.16 | 1.12 | 1.23 | 1.17 | |
| PTB ratio | 0.63 | 1.16 | 1.12 | 1.23 | 1.17 | |
| EV to sales | -0.82 | 2.1 | 1.93 | 2.1 | 1.54 | |
| Enterprise value over EBITDA | -0.68 | -5.59 | -4.43 | -4.78 | -15.7 | |
| EV to operating cash flow | 4.78 | -8.63 | -5.89 | -8.26 | 11.55 | |
| EV to free cash flow | 3.49 | -6.28 | -4.47 | -6.23 | 20.36 | |
| Earnings yield | -0.56 | -0.08 | -0.1 | -0.1 | -0.04 | |
| Free cash flow yield | -0.07 | -0.05 | -0.08 | -0.07 | 0.02 | |
| Debt to equity | 0.11 | 0.12 | 0.12 | 0.13 | 0.12 | |
| Debt to assets | 0.09 | 0.09 | 0.1 | 0.1 | 0.09 | |
| Net debt to EBITDA | -3.62 | 11.07 | 8.26 | 6.92 | 30.63 | |
| Current ratio | 6.78 | 6.43 | 6.6 | 5.12 | 4.97 | |
| Interest coverage | 0.35 | 63.63 | 13.16 | 0 | 0 | |
| Income quality | 0.09 | 0.49 | 0.62 | 0.49 | -0.7 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0.29 | 0.27 | 0.29 | 0.32 | 0.23 | |
| Research and developement to revenue | 0.33 | 0.32 | 0.34 | 0.34 | 0.23 | |
| Intangibles to total assets | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | |
| Capex to operating cash flow | 0.37 | 0.38 | 0.32 | 0.32 | -0.43 | |
| Capex to revenue | -0.06 | -0.09 | -0.1 | -0.08 | -0.06 | |
| Capex to depreciation | -0.48 | -0.59 | -0.76 | -0.67 | -0.43 | |
| Stock based compensation to revenue | 0.13 | 0.12 | 0.13 | 0.1 | 0.08 | |
| Graham number | 6.75 | 3.1 | 3.19 | 3.07 | 1.87 | |
| ROIC | 0.16 | -0.08 | -0.09 | -0.11 | -0.05 | |
| Return on tangible assets | -0.3 | -0.08 | -0.09 | -0.1 | -0.04 | |
| Graham Net | 1.66 | 1.47 | 1.36 | 1.17 | 1.17 | |
| Working capital | 184.24M | 167.06M | 150.82M | 134.71M | 133.72M | |
| Tangible asset value | 200.69M | 183.3M | 168.85M | 152.73M | 149.9M | |
| Net current asset value | 159.97M | 143.58M | 129.85M | 115.02M | 115.31M | |
| Invested capital | 0.11 | 0.12 | 0.12 | 0.13 | 0.12 | |
| Average receivables | 13.8M | 13.41M | 13.95M | 15.18M | 15.14M | |
| Average payables | 9.64M | 8.85M | 8.99M | 9.44M | 9.75M | |
| Average inventory | 7.68M | 6.71M | 6.45M | 7.96M | 8.65M | |
| Days sales outstanding | 30.06 | 33.84 | 34.36 | 37.19 | 30.72 | |
| Days payables outstanding | 209.64 | 218.19 | 218.42 | 218.35 | 235 | |
| Days of inventory on hand | 172.88 | 150.48 | 162 | 206.1 | 195.7 | |
| Receivables turnover | 2.99 | 2.66 | 2.62 | 2.42 | 2.93 | |
| Payables turnover | 0.43 | 0.41 | 0.41 | 0.41 | 0.38 | |
| Inventory turnover | 0.52 | 0.6 | 0.56 | 0.44 | 0.46 | |
| ROE | -0.36 | -0.09 | -0.11 | -0.12 | -0.05 | |
| Capex per share | -0.03 | -0.04 | -0.04 | -0.04 | -0.03 |
TRUE Frequently Asked Questions
What is TrueCar, Inc. stock symbol ?
TrueCar, Inc. is a US stock , located in Santa monica of Ca and trading under the symbol TRUE
Is TrueCar, Inc. buy or a sell ?
2 stock analysts have 2 predictions with a medium analyst target price of $3.25. The lowest prediction is $3 and the highest is $3.5
What is TRUE stock prediction ?
What is TrueCar, Inc. stock quote today ?
TrueCar, Inc. stock price is $2.79 today.
Is TrueCar, Inc. stock public?
Yes, TrueCar, Inc. is a publicly traded company.
Company Profile
- Volume Average 186.81K
- Market Capitalization 238.75M
- Employee 441
- CEO Mr. Jantoon E. Reigersman
- Headquarters Santa Monica,CA,US
- IPO Date 2014-05-16
-
Website
https://www.truecar.com 
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; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.
