truecar inc - TRUE

TRUE

Close Chg Chg %
4.37 -0.18 -4.12%

Closed Market

4.19

-0.18 (4.12%)

Volume: 129.05K

Last Updated:

Dec 12, 2024, 4:00 PM EDT

Company Overview: truecar inc - TRUE

TRUE Key Data

Open

$4.42

Day Range

4.19 - 4.42

52 Week Range

2.56 - 4.62

Market Cap

$380.01M

Shares Outstanding

86.96M

Public Float

66.01M

Beta

1.75

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.30

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

237.80K

 

TRUE Performance

1 Week
 
0.72%
 
1 Month
 
2.95%
 
3 Months
 
31.35%
 
1 Year
 
20.06%
 
5 Years
 
-17.03%
 

TRUE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 7
Full Ratings ➔

About truecar inc - TRUE

TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. It provides pricing transparency about what other people paid for their cars. The firm's products include Used Cars for Sale, Sell My Car, Local Pricing, and Lease a Car. The company was founded by Thomas Taira, James Nguyen, Scott Painter and Bernard Brenner in February 2005 and is headquartered in Santa Monica, CA.

TRUE At a Glance

TrueCar, Inc.
1401 Ocean Avenue
Santa Monica, California 90401
Phone 1-800-200-2000 Revenue 158.71M
Industry Internet Software/Services Net Income -49,766,000.00
Sector Technology Services Employees 324
Fiscal Year-end 12 / 2024
View SEC Filings

TRUE Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 1.957
Price to Book Ratio 1.967
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -5.175
Enterprise Value to Sales 1.185
Total Debt to Enterprise Value 0.077

TRUE Efficiency

Revenue/Employee 489,833.333
Income Per Employee -153,598.765
Receivables Turnover 8.281
Total Asset Turnover 0.685

TRUE Liquidity

Current Ratio 5.628
Quick Ratio 5.628
Cash Ratio 4.726

TRUE Profitability

Gross Margin 78.857
Operating Margin -35.924
Pretax Margin -31.347
Net Margin -31.357
Return on Assets -21.483
Return on Equity -27.843
Return on Total Capital -28.499
Return on Invested Capital -25.709

TRUE Capital Structure

Total Debt to Total Equity 8.994
Total Debt to Total Capital 8.251
Total Debt to Total Assets 6.95
Long-Term Debt to Equity 6.971
Long-Term Debt to Total Capital 6.396
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Truecar Inc - TRUE

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
278.68M 231.70M 161.52M 158.71M
Sales Growth
-21.25% -16.86% -30.29% -1.74%
Cost of Goods Sold (COGS) incl D&A
41.50M 38.52M 32.73M 33.55M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
25.95M 20.57M 20.46M 20.68M
Depreciation
23.55M 18.92M 16.98M 15.09M
Amortization of Intangibles
2.40M 1.65M 3.48M 5.59M
COGS Growth
-29.21% -7.18% -15.02% +2.51%
Gross Income
237.18M 193.18M 128.79M 125.15M
Gross Income Growth
-19.67% -18.55% -33.33% -2.83%
Gross Profit Margin
+85.11% +83.38% +79.73% +78.86%
2020 2021 2022 2023 5-year trend
SG&A Expense
240.84M 224.97M 192.94M 182.16M
Research & Development
43.28M 41.43M 46.09M 42.25M
Other SG&A
197.56M 183.53M 146.85M 139.92M
SGA Growth
-29.14% -6.59% -14.24% -5.58%
Other Operating Expense
- - - -
-
Unusual Expense
14.85M 1.69M 61.55M (546.00K)
EBIT after Unusual Expense
(18.52M) (33.48M) (125.69M) (56.47M)
Non Operating Income/Expense
(1.33M) (4.68M) 4.45M 6.72M
Non-Operating Interest Income
462.00K 52.00K 2.56M 6.72M
Equity in Earnings of Affiliates
- (1.99M) (5.40M) 1.84M
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
(19.84M) (38.16M) (121.25M) (49.75M)
Pretax Income Growth
+63.65% -92.31% -217.70% +58.97%
Pretax Margin
-7.12% -16.47% -75.06% -31.35%
Income Tax
(6.00K) 206.00K (2.56M) 17.00K
Income Tax - Current - Domestic
88.00K 143.00K (202.00K) 17.00K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- (94.00K) 63.00K (2.36M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- (1.99M) (5.40M) 1.84M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(19.84M) (38.37M) (118.69M) (49.77M)
Minority Interest Expense
- - - -
-
Net Income
(19.84M) (38.37M) (118.69M) (49.77M)
Net Income Growth
+63.86% -93.40% -209.33% +58.07%
Net Margin Growth
-7.12% -16.56% -73.48% -31.36%
Extraordinaries & Discontinued Operations
- - 96.38M (180.00K)
-
Discontinued Operations
- - 96.38M (180.00K)
-
Net Income After Extraordinaries
76.54M (38.55M) (118.69M) (49.77M)
Preferred Dividends
- - - -
-
Net Income Available to Common
76.54M (38.55M) (118.69M) (49.77M)
EPS (Basic)
0.72 -0.396 -1.2978 -0.5544
EPS (Basic) Growth
+238.78% -155.00% -227.73% +57.28%
Basic Shares Outstanding
106.31M 97.35M 91.45M 89.77M
EPS (Diluted)
0.72 -0.396 -1.2978 -0.5544
EPS (Diluted) Growth
+238.78% -155.00% -227.73% +57.28%
Diluted Shares Outstanding
106.31M 97.35M 91.45M 89.77M
EBITDA
22.29M (11.21M) (43.69M) (36.33M)
EBITDA Growth
+270.05% -150.29% -289.68% +16.84%
EBITDA Margin
+8.00% -4.84% -27.05% -22.89%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 4.633
Number of Ratings 7 Current Quarters Estimate -0.05
FY Report Date 12 / 2024 Current Year's Estimate -0.143
Last Quarter’s Earnings -0.026 Median PE on CY Estimate N/A
Year Ago Earnings -0.271 Next Fiscal Year Estimate -0.053
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 3 3 4
Mean Estimate -0.05 -0.02 -0.14 -0.05
High Estimates -0.04 -0.01 -0.10 -0.03
Low Estimate -0.06 -0.03 -0.20 -0.09
Coefficient of Variance -28.28 -50.00 -35.80 -50.10

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 3
OVERWEIGHT 0 0 0
HOLD 3 3 2
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Truecar Inc - TRUE

Date Name Shares Transaction Value
Jul 16, 2024 Jantoon E Reigersman President and CEO; Director 1,609,873 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $3.45 per share 5,554,061.85
Jul 16, 2024 Oliver M. Foley Chief Financial Officer 259,727 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $3.45 per share 896,058.15
Jun 18, 2024 Jeffrey J. Swart EVP, Gen. Counsel & Secretary 412,122 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $2.78 per share 1,145,699.16
Jun 18, 2024 Jay J. Ku Chief Revenue Officer 213,696 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $2.78 per share 594,074.88
Mar 1, 2024 Jeffrey J. Swart EVP, Gen. Counsel & Secretary 340,044 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $3.28 per share 1,115,344.32
Mar 1, 2024 Jeffrey J. Swart EVP, Gen. Counsel & Secretary 325,044 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $3.45 per share 1,121,401.80

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