In last trading session, Truecar Inc (NASDAQ:TRUE) saw 0.61 million shares changing hands with its beta currently measuring 2.12. Company’s recent per share price level of $1.56 trading at $0.02 or 1.30% at ring of the bell on the day assigns it a market valuation of $136.52M. That closing price of TRUE’s stock is at a discount of -196.15% from its 52-week high price of $4.62 and is indicating a premium of 19.87% from its 52-week low price of $1.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.35 million shares which gives us an average trading volume of 391.80K if we extend that period to 3-months.
For Truecar Inc (TRUE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.09 in the current quarter.
Truecar Inc (NASDAQ:TRUE) trade information
Upright in the green during last session for gaining 1.30%, in the last five days TRUE remained trading in the green while hitting it’s week-highest on Friday, 04/25/25 when the stock touched $1.56 price level, adding 3.94% to its value on the day. Truecar Inc’s shares saw a change of -58.18% in year-to-date performance and have moved 21.88% in past 5-day. Truecar Inc (NASDAQ:TRUE) showed a performance of -12.85% in past 30-days. Number of shares sold short was 0.92 million shares which calculate 2.29 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.75 to the stock, which implies a rise of 58.4% to its current value. Analysts have been projecting 3.75 as a low price target for the stock while placing it at a high target of 3.75. It follows that stock’s current price would drop -140.38% in reaching the projected high whereas dropping to the targeted low would mean a loss of -140.38% for stock’s current value.
Truecar Inc (TRUE) estimates and forecasts
This year revenue growth is estimated to rise 14.10% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 44.26M for the same. And 6 analysts are in estimates of company making revenue of 47.43M in the next quarter. Company posted 41.05M and 41.8M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 7.87% during past 5 years.
Truecar Inc (NASDAQ:TRUE)’s Major holders
Insiders are in possession of 9.18% of company’s total shares while institution are holding 79.10 percent of that, with stock having share float percentage of 87.10%. Investors also watch the number of corporate investors in a company very closely, which is 79.10% institutions for Truecar Inc that are currently holding shares of the company. CALEDONIA (PRIVATE) INVESTMENTS PTY LTD is the top institutional holder at TRUE for having 17.77 million shares of worth $55.61 million. And as of 2024-06-30, it was holding 19.4733 of the company’s outstanding shares.
The second largest institutional holder is CANNELL CAPITAL LLC, which was holding about 8.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.5997 of outstanding shares, having a total worth of $27.41 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.57 shares of worth $4.02 million or 2.94% of the total outstanding shares. The later fund manager was in possession of 2.24 shares on Mar 31, 2025 , making its stake of worth around $3.49 million in the company or a holder of 2.56% of company’s stock.
