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TrueCar Inc Stock Research

TRUE

2.41USD+0.14(+6.17%)Market Closed

Market Summary

USD2.41+0.14
Market Closed
6.17%

TRUE Alerts

TRUE Stock Price

TRUE RSI Chart

TRUE Valuation

Market Cap

202.2M

Price/Earnings (Trailing)

-1.61

Price/Sales (Trailing)

1.3

EV/EBITDA

-0.41

Price/Free Cashflow

-4.4

TRUE Price/Sales (Trailing)

TRUE Profitability

EBT Margin

-75.06%

Return on Equity

-60.16%

Return on Assets

-47.19%

Free Cashflow Yield

-22.72%

TRUE Fundamentals

TRUE Revenue

Revenue (TTM)

155.0M

Revenue Y/Y

-15.05%

Revenue Q/Q

0.86%

TRUE Earnings

Earnings (TTM)

-125.8M

Earnings Y/Y

-57.6%

Earnings Q/Q

-7.86%

Price Action

52 Week Range

1.303.49
(Low)(High)

Last 7 days

-1.3%

Last 30 days

-9.9%

Last 90 days

-4.2%

Trailing 12 Months

-33.0%

TRUE Financial Health

Current Ratio

6.43

TRUE Investor Care

Buy Backs (1Y)

4.84%

Peers (Alternatives to TrueCar)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.6T
284.6B
17.35% 8.97%
27.19
5.6
5.28% -21.40%
41.4B
-
27.58% -2.03%
-370.37
7.92
- -
17.1B
4.5B
24.31% -25.84%
-12.25
3.78
2.67% -149.46%
16.0B
2.8B
10.48% 24.72%
-53.4
5.65
6.09% -189.94%
MID-CAP
2.1B
1.6B
-14.95% -35.91%
-110.47
1.31
53.79% 81.37%
SMALL-CAP
2.3B
1.2B
16.14% 14.31%
63.97
1.95
15.67% -8.38%
2.0B
1.5B
19.43% -24.81%
24.26
1.24
20.30% -24.52%
981.6M
286.4M
3.49% -51.41%
27.2
3.43
2.80% 472.58%
734.2M
283.0M
5.89% -37.44%
-14.72
2.59
31.50% 31.07%
220.1M
294.9M
-36.12% -79.64%
-0.47
0.74
4.66% -586.22%
202.2M
155.0M
-9.92% -33.04%
-1.61
1.3
-26.25% -197.31%
151.9M
70.6M
17.78% 42.63%
22.89
2.15
12.58% 628.21%
31.7M
27.5M
13.07% -56.14%
4.68
1.15
17.28% -27.23%
5.5M
-
0.91% -85.52%
-0.38
0.08
- -

Financials for TrueCar

Income Statement (Last 12 Months)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-4.1%154,971,000161,524,000170,721,000186,635,000210,126,000
  S&GA Expenses-0.3%104,219,000104,534,000106,200,000112,309,000123,461,000
EBITDA-1.0%-104,725,000-103,692,000-33,986,000-26,569,000-
EBITDA Margin-6.7%-0.65-0.61-0.18-0.13-
Earnings Before Taxes-5.9%-128,447,000-121,245,000-118,969,000-48,807,000-42,196,000
EBT Margin-7.7%-0.75-0.70-0.26-0.20-
Net Income-6.0%-125,836,000-118,685,000-116,338,000-46,061,000-42,325,000
Net Income Margin-7.8%-0.73-0.68-0.25-0.20-
Free Cahsflow-23.8%-40,817,000-32,980,000-25,503,000-10,002,000-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-8.8%230252272345363
  Current Assets-10.2%178198216227262
    Cash Equivalents-10.8%157176193200235
  Net PPE2.5%19.0019.0019.0019.0019.00
  GoodwillNaN%--60.0051.00-
Liabilities-11.7%48.0054.0056.0057.0054.00
  Current Liabilities-12.5%27.0031.0032.0032.0029.00
Shareholder's Equity-7.9%182197216288309
  Retained Earnings-3.8%-532-512-494-417-406
  Additional Paid-In Capital0.6%714710710705715
Shares Outstanding0.7%89.0088.0091.0091.0094.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-15.9%-33.77-29.14-22.01-14.341.00
  Share Based Compensation6.8%19.0018.0018.0017.0018.00
Cashflow From Investing-165.4%-21.30-8.03-7.31-11.471.00
Cashflow From Financing29.1%-23.06-32.53-28.36-41.58-41.57
  Buy Backs-37.0%19.0030.0025.0038.0036.00

Risks for TRUE

What is the probability of a big loss on TRUE?

100%


Probability that TrueCar stock will be more than 20% underwater in next one year

99.6%


Probability that TrueCar stock will be more than 30% underwater in next one year.

84.6%


Probability that TrueCar stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TRUE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if TrueCar was unfortunately bought at previous high price.

Drawdowns

Returns for TRUE

Cumulative Returns on TRUE

7.0%


10-Year Cumulative Returns

-15.3%


7-Year Cumulative Returns

-25.4%


5-Year Cumulative Returns

-5.5%


3-Year Cumulative Returns

What are the long-term rolling returns for TRUE?

FIve years rolling returns for TrueCar.

Annualized Returns

Which funds bought or sold TRUE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-06-01
PRELUDE CAPITAL MANAGEMENT, LLC
added
8.69
-11,059
2,720,700
0.16%
2023-05-26
ProShare Advisors LLC
reduced
-8.51
-4,562
23,653
-%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-3.76
-24,583
176,417
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-85.13
-111,000
17,000
-%
2023-05-18
JPMORGAN CHASE & CO
added
37.69
33,000
159,000
-%
2023-05-18
SkyView Investment Advisors, LLC
added
10.84
3,000
211,000
0.05%
2023-05-17
KB FINANCIAL PARTNERS, LLC
added
8.34
-1,000
194,000
0.06%
2023-05-16
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
16.03
23,365
392,983
-%
2023-05-16
MERCER GLOBAL ADVISORS INC /ADV
unchanged
-
-2,000
24,000
-%
2023-05-16
JANE STREET GROUP, LLC
reduced
-74.76
-206,050
61,983
-%

1–10 of 43

Latest Funds Activity

Are funds buying TRUE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own TRUE
No. of Funds

TrueCar News

Nasdaq
Consumer Sector Update for 05/30/2023: DAL, CPB, TRUE.
Nasdaq,
3 days ago
Yahoo Finance
MotorWeek
New Car Buying Trends.
MotorWeek,
15 days ago
Stockhouse Publishing
Seattle PI
TrueCar: Q1 Earnings Snapshot.
Seattle PI,
25 days ago
Investing.com India
Popular Mechanics
How To Buy a New Car For the Best Deal.
Popular Mechanics,
29 days ago

Schedule 13G FIlings of TrueCar

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
par investment partners lp
0%
0
SC 13G/A
Feb 13, 2023
cannell capital llc
6.33%
5,573,332
SC 13G
Feb 03, 2023
blackrock inc.
8.1%
7,123,051
SC 13G/A
Feb 03, 2023
goldman sachs group inc
3.6%
3,187,869
SC 13G/A
Nov 14, 2022
autonation, inc.
6.1%
5,370,000
SC 13G
Feb 14, 2022
par investment partners lp
8.9%
8,507,156
SC 13G/A
Feb 03, 2022
blackrock inc.
8.4%
8,083,254
SC 13G/A
Jan 24, 2022
goldman sachs group inc
6.3%
6,078,768
SC 13G
Feb 16, 2021
par investment partners lp
9.1%
9,418,804
SC 13G/A
Feb 10, 2021
vanguard group inc
4.80%
5,001,329
SC 13G/A

TRUE Fair Value

Show Fair-Value

Recent SEC filings of TrueCar

View All Filings
Date Filed Form Type Document
May 15, 2023
4
Insider Trading
May 15, 2023
4
Insider Trading
May 15, 2023
4
Insider Trading
May 15, 2023
4
Insider Trading
May 10, 2023
10-Q
Quarterly Report
May 08, 2023
8-K
Current Report
May 01, 2023
ARS
ARS
May 01, 2023
DEF 14A
DEF 14A
May 01, 2023
DEFA14A
DEFA14A
Apr 17, 2023
4
Insider Trading

Latest Insider Trading transactions for TRUE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-18
Arroyo F. Thaddeus
acquired
-
-
60,422
chief strategy & dev officer
2023-05-15
Reigersman Jantoon
sold (taxes)
-4,205
2.18
-1,929
chief operating officer
2023-05-15
Darrow Michael
sold (taxes)
-15,896
2.18
-7,292
president & ceo
2023-05-15
Swart Jeff
sold (taxes)
-7,549
2.18
-3,463
evp, gen. counsel & secretary
2023-05-15
Luong Teresa
sold (taxes)
-6,337
2.18
-2,907
chief financial officer
2023-04-28
Arroyo F. Thaddeus
acquired
20,082
17.67
1,136
chief strategy & dev officer
2023-04-28
Santone Angela
acquired
15,160
17.67
857
sr. exec vp-human resources
2023-04-28
Smith Kenny Kellyn
acquired
2,460
17.67
139
chief marketing & growth ofcr
2023-04-28
Lee Lori M
acquired
6,733
17.67
381
global mktg ofcr & sevp intl
2023-04-28
Sabrina Sanders S
acquired
3,805
17.67
215
svp-chiefactngofcr&controller

1–10 of 50

John T. Stankey
65535
AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. It also provides data, voice, security, cloud solutions, outsourcing, and managed and professional services, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband fiber and legacy telephony voice communication services to residential customers. It markets its communications services and products under the AT&T, Cricket, AT&T PREPAID, and AT&T Fiber brand names. The company's Latin America segment provides wireless services in Mexico; and video services in Latin America. This segment markets its services and products under the AT&T and Unefon brand names. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is headquartered in Dallas, Texas.

TRUE Income Statement

2023-03-31
Condensed Consolidated Statements of Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]  
Revenues$ 36,980$ 43,533
Costs and operating expenses:  
Cost of revenue (exclusive of depreciation and amortization presented separately below)3,8464,946
Sales and marketing26,76627,081
Technology and development12,49810,255
General and administrative10,84611,724
Depreciation and amortization4,1913,660
Total costs and operating expenses58,14757,666
Loss from operations(21,167)(14,133)
Interest income1,60827
Gain from equity method investment01,749
Loss before income taxes(19,559)(12,357)
Provision for income taxes657
Net loss$ (19,565)$ (12,414)
Net loss per share, basic and diluted  
Continuing operations, basic (in dollars per share)$ (0.22)$ (0.13)
Continuing operations, diluted (in dollars per share)$ (0.22)$ (0.13)
Weighted average common shares outstanding, basic and diluted  
Basic (in shares)88,64795,924
Diluted (in shares)88,64795,924
Other comprehensive loss:  
Comprehensive loss$ (19,565)$ (12,414)

TRUE Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents (includes restricted cash of $2,205 and $0 at March 31, 2023 and December 31, 2022, respectively)$ 156,648$ 175,518
Accounts receivable, net of allowances of $1,091 and $1,073 at March 31, 2023 and December 31, 2022, respectively14,12013,786
Prepaid expenses4,7185,969
Other current assets2,2522,562
Total current assets177,738197,835
Property and equipment, net19,38018,902
Operating lease right-of-use assets15,74216,940
Intangible assets, net12,77413,969
Other assets3,8843,881
Total assets229,518251,527
Current liabilities  
Accounts payable9,3348,655
Accrued employee expenses3,9087,378
Operating lease liabilities, current4,5844,514
Accrued expenses and other current liabilities9,09110,232
Total current liabilities26,91730,779
Operating lease liabilities, net of current portion17,22118,500
Other Liabilities, Noncurrent3,7544,981
Total liabilities47,89254,260
Commitments and contingencies (Note 5)
Stockholders’ Equity  
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at March 31, 2023 and December 31, 2022, respectively; no shares issued and outstanding at March 31, 2023 and December 31, 202200
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at March 31, 2023 and December 31, 2022, respectively; 89,061,768 and 88,439,088 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively99
Additional paid-in capital713,714709,790
Accumulated deficit(532,097)(512,532)
Total stockholders’ equity181,626197,267
Total liabilities and stockholders’ equity$ 229,518$ 251,527