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TrueCar (TRUE) earnings: expect 5% revenue growth

1:38 pm ET, 08 May 2019

TrueCar (TRUE) is announcing earnings on May 09 after the market closes. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $85M, which implies a 5% growth rate year-over-year.

Earnings per share are expected to come in at $-0.01. If this materializes, EPS will decline -200% year-over-year.

How did the stock do last month?

Over the last month, TrueCar (TRUE) returned +6.23%.

How is the stock valued?

TrueCar (TRUE) forward P/E ratio is 32.2, and it’s high compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

TrueCar (TRUE) average analyst price target is 29.89% above its current price ($6.96).

For the latest price and information on TrueCar, please visit Finstead and ask for "TRUE", "TRUE analysis" or "TRUE news".

TrueCar, Inc. (TRUE) Stock Guide

Updated at: 10:08 pm ET, 18 Sep 2020

Before we start: if you're looking for TRUE stock price, you can quickly find it out by visiting Finny and typing "TRUE quote". If you're looking for a quick scoop on TRUE stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "TRUE". You'll get all this info in one place. Or you can just type "TRUE news" to get the latest stock news.

Looking to buy or sell TrueCar, Inc. (TRUE)? Interested in getting the full scoop on TRUE, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this TRUE stock guide, we'll address key questions about TRUE, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are TRUE earnings?
2. What is TRUE stock forecast (i.e., prediction)?
3. TRUE buy or sell? What is TRUE Finny Score?
4. What are the reasons to buy TRUE? Why should I buy TRUE stock?
5. What are the reasons to sell TRUE? Why should I sell TRUE stock?
6. What are TRUE key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are TRUE earnings?

TRUE trailing 12-month earnings per share (EPS) is -$0.36.

Analyst Predictions

2. What is TRUE stock forecast (i.e., prediction)?

Based on TRUE analyst price targets, TRUE stock forecast is $5.98 (for a year from now). That means the average analyst price target for TRUE stock is $5.98. The prediction is based on 10 analyst estimates.

The low price target for TRUE is $4.00, while the high price target is $10.00.

TRUE analyst rating is Buy.

Analysis

3. TRUE buy or sell? What is TRUE Finny Score?

#{finnyScore:67}Our quantitative analysis shows 6 reasons to buy and 3 reasons to sell TRUE, resulting in Finny Score of 67.

4. What are the reasons to buy TRUE? Why should I buy TRUE stock?

Here are the reasons to buy TRUE stock:

  • TRUE profitability is improving. The YoY profit margin change was 4.86 percentage points. See TRUE profitability chart.
  • TRUE PEG ratio (P/E adjusted for growth) is 1.32, which is low compared to its industry peers’ PEG ratios. See TRUE PEG chart.
  • TRUE average analyst rating is Buy. See TRUE analyst rating chart.
  • TRUE average analyst price target ($5.98) is above its current price ($4.93). See TRUE price target chart.
  • TRUE cash to debt ratio is 4.40, higher than the average industry (0.17) and sector (0.17) cash to debt ratio. See TRUE cash to debt chart.
  • TRUE Enterprise Value/Revenue multiple is 1.16, which is low compared to its industry peers’ Enterprise Value/Revenue multiples. See TRUE Enterprise Value/Revenue chart.

5. What are the reasons to sell TRUE? Why should I sell TRUE stock?

Let's look at the reasons to sell TRUE stock (i.e., the bear case):

  • TRUE quarterly revenue growth was -28.80%, lower than the industry and sector average revenue growth (1.28% and 0.89%, respectively). See TRUE revenue growth chart.
  • TRUE short share of float is 8.85%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See TRUE short share of float chart.
  • TRUE short interest (days to cover the shorts) ratio is 3.68. The stock garners more short interest than the average industry, sector or S&P 500 stock. See TRUE short interest ratio chart.

Key Stats

6. What are TRUE key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for TRUE:

Metrics TRUE
Price $4.89
Average Price Target / Upside $5.98 / 22.17%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Internet Content & Information
Sector Technology
Number of Employees 773
Market Cap $510.88M
Forward P/E Ratio -26.28
Price/Book Ratio 1.57
Revenue (TTM) $326.43M
YoY Quarterly Revenue Growth -28.80%
Profit Margin -11.76%

If you liked this analysis, check out Stock Guides for other stocks.

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