Grufity logoGrufity logo

TrueCar Inc Stock Research

TRUE

2.96USD-0.20(-6.33%)Market Closed

Market Summary

USD2.96-0.20
Market Closed
-6.33%

TRUE Stock Price

TRUE RSI Chart

TRUE Valuation

Market Cap

287.4M

Price/Earnings (Trailing)

-2.47

Price/Sales (Trailing)

1.68

EV/EBITDA

-0.91

Price/Free Cashflow

-8.72

TRUE Price/Sales (Trailing)

TRUE Profitability

EBT Margin

-69.69%

Return on Equity

-53.9%

Return on Assets

-42.77%

Free Cashflow Yield

-11.47%

TRUE Fundamentals

TRUE Revenue

Revenue (TTM)

170.7M

Revenue Y/Y

-28.95%

Revenue Q/Q

-7.62%

TRUE Earnings

Earnings (TTM)

-116.3M

Earnings Y/Y

-1.0K%

Earnings Q/Q

-599.82%

Price Action

52 Week Range

1.304.09
(Low)(High)

Last 7 days

-2.3%

Last 30 days

26.5%

Last 90 days

98.7%

Trailing 12 Months

-13.4%

TRUE Financial Health

Current Ratio

6.78

TRUE Investor Care

Buy Backs (1Y)

5.29%

Peers (Alternatives to TrueCar)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.3T
275.7B
7.71% -23.68%
19.21
4.67
15.26% -5.14%
41.4B
5.2B
27.58% -2.03%
-370.37
7.92
17.45% -129.08%
17.3B
2.8B
6.48% -8.22%
282.61
6.24
13.75% -82.50%
17.0B
4.6B
12.70% -68.46%
-15.2
3.7
23.31% -79.38%
MID-CAP
2.9B
1.4B
28.74% -13.80%
-414.99
2.11
77.48% 96.34%
2.1B
1.2B
13.72% -9.17%
52.86
1.8
16.76% 4.85%
SMALL-CAP
2.0B
1.7B
22.91% -44.40%
22.07
1.15
123.63% -14.84%
1.4B
301.4M
11.21% -38.58%
78.3
4.79
29.74% -8.73%
803.3M
249.0M
42.71% -41.12%
-10.54
3.23
61.54% 46.49%
287.4M
170.7M
26.50% -13.45%
-2.47
1.68
-31.66% -280.85%
190.1M
306.1M
14.11% -90.87%
-1.92
0.62
25.37% 19.99%
66.4M
65.7M
22.03% -41.48%
73.99
1.01
6.69% -81.76%
29.8M
27.4M
22.70% -66.91%
3.89
1.22
25.56% -19.10%
5.5M
71.2M
0.91% -85.52%
-0.38
0.08
-0.63% -945.76%

Financials for TrueCar

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-8.5%170,721,000186,635,000210,126,000231,698,000249,797,000
  S&GA Expenses-5.4%106,200,000112,309,000123,461,000136,479,000145,363,000
EBITDA-205.1%-103,692,000.00-33,986,000.00-26,569,000.00-21,884,000.00-
EBITDA Margin-233.5%-0.61-0.18-0.13-0.09-
Earnings Before Taxes-143.8%-118,969,000.00-48,807,000.00-42,196,000.00-38,163,000.00-29,926,000.00
EBT Margin-166.5%-0.70-0.26-0.20-0.16-
Net Income-152.6%-116,338,000.00-46,061,000.00-42,325,000.00-38,329,000.0064,329,000
Net Income Margin-176.1%-0.68-0.25-0.20-0.17-
Free Cahsflow-29.3%-32,980,000.00-25,503,000.00-10,002,000.003,505,000-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-21.2%272345363388405
  Current Assets-4.9%216227262270281
    Cash Equivalents-3.4%193200235245251
  Net PPE0.2%1919191919
  Goodwill-100.0%-60515151
Liabilities-1.6%5657545863
  Current Liabilities1.0%3232293135
Shareholder's Equity-25.1%216288309330342
  Retained Earnings-18.5%-494.39-417.28-406.26-393.85-378.05
  Additional Paid-In Capital0.7%710705715724720
Accumulated Depreciation-78----
Shares Outstanding0.5%9191949696
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-53.5%-22,015.00-14,344.001,25014,19431,420
  Share Based Compensation4.4%17,57716,83817,50820,39521,437
Cashflow From Investing36.2%-7,313.00-11,468.00532-4,205.00109,487
Cashflow From Financing31.8%-28,358.00-41,580.00-41,573.00-38,086.00-68,941.00
  Buy Backs-34.2%25,10338,14735,62831,94363,142

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

17.3%


10-Year Cumulative Returns

-10.6%


7-Year Cumulative Returns

-24.7%


5-Year Cumulative Returns

-9.0%


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
2023-01-23
SJS Investment Consulting Inc.
sold off
-100
-
-
-%
2023-01-23
Allspring Global Investments Holdings, LLC
reduced
-2.14
18,941
47,941
-%
2023-01-18
Activest Wealth Management
unchanged
-
883
1,883
-%
2023-01-17
Ronald Blue Trust, Inc.
unchanged
-
-6,000
8,000
-%
2023-01-13
JANUS HENDERSON GROUP PLC
added
99.81
9,000
58,000
-%
2023-01-12
Marquette Asset Management, LLC
unchanged
-
75,756
189,756
0.06%
2023-01-12
Assenagon Asset Management S.A.
sold off
-100
-255,000
-
-%
2023-01-10
Safeguard Financial, LLC
unchanged
-
19,000
49,000
0.04%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.93
-131,000
159,000
-%
2022-11-17
SkyView Investment Advisors, LLC
added
27.32
-44,000
126,000
0.04%

1–10 of 47

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

Seeking Alpha

Lithia Motors: Strong Growth Catalysts, But Not Enough Margin Of ....

Seeking Alpha,
3 days ago

Seeking Alpha

StockNews.com

Seeking Alpha

Business Insider

The Motley Fool

Schedule 13G FIlings of TrueCar

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 01, 2021
blackrock inc.
8.2%
8,488,574
SC 13G/A
Feb 14, 2020
par investment partners lp
9.7%
10,299,504
SC 13G/A
Feb 13, 2020
morgan stanley
2.6%
2,795,972
SC 13G/A
Feb 13, 2020
morgan stanley
2.6%
2,795,972
SC 13G/A

TRUE Fair Value

Recent SEC filings of TrueCar

View All Filings
Date Filed Form Type Document
Jan 17, 2023
4
Insider Trading
Dec 16, 2022
4
Insider Trading
Dec 16, 2022
4
Insider Trading
Dec 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 14, 2022
SC 13G
Major Ownership Report
Nov 09, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for TRUE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-15
Reigersman Jantoon
sold (taxes)
-20,811.5
3.07
-6,779
cfo & coo
2023-01-13
Huntley David S.
acquired
-
-
32,677
sevp&chief compliance officer
2023-01-13
Legg Jeremy Alan
sold (taxes)
-193,506
19.55
-9,898
chief technology officer
2023-01-13
Gillespie Edward W
sold (taxes)
-135,032
19.55
-6,907
srevp-ext & legal affairs
2023-01-13
Desroches Pascal
acquired
-
-
50,989
sr. exec vp and cfo
2023-01-13
STANKEY JOHN T
sold (taxes)
-1,220,900
19.55
-62,450
ceo & president
2023-01-13
Lee Lori M
acquired
-
-
70,058
global mktg ofcr & sevp intl
2023-01-13
Smith Kenny Kellyn
acquired
-
-
21,512
chief marketing & growth ofcr
2023-01-13
McElfresh Jeffery S.
acquired
-
-
101,786
chief operating officer
2023-01-13
Dial Debra L.
sold (taxes)
-86,215.5
19.55
-4,410
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

2022-09-30
Condensed Consolidated Statements of Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenues$ 39,052$ 54,966$ 124,860$ 185,837
Costs and operating expenses:    
Cost of revenue (exclusive of depreciation and amortization presented separately below)3,8805,71512,64316,919
Sales and marketing25,13031,23978,535108,814
Technology and development12,7429,89034,37731,863
General and administrative11,36411,12134,02537,652
Depreciation and amortization4,2843,82811,72912,731
Goodwill impairment59,775059,7750
Total costs and operating expenses117,17561,793231,084207,979
Loss from operations(78,123)(6,827)(106,224)(22,142)
Interest income879121,18540
Other income000667
Gain (loss) from equity method investment0(267)1,845(953)
Loss before income taxes(77,244)(7,082)(103,194)(22,388)
Provision for (benefit from) income taxes(131)(38)(2,648)189
Net loss from continuing operations(77,113)(7,044)(100,546)(22,577)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent0208040
Net loss$ (77,113)$ (6,836)$ (100,546)$ (22,537)
Net loss per share, basic and diluted    
Continuing operations, basic (in dollars per share)$ (0.85)$ (0.07)$ (1.09)$ (0.23)
Continuing operations, diluted (in dollars per share)(0.85)(0.07)(1.09)(0.23)
Discontinuing operations, basic (in dollars per share)00.000.000
Discontinuing operations, diluted (in dollars per share)$ 0.00$ 0.00$ 0.00$ 0.00
Weighted average common shares outstanding, basic and diluted    
Basic (in shares)90,68796,03792,50897,800
Diluted (in shares)90,68796,03792,50897,800
Other comprehensive loss:    
Comprehensive loss$ (77,113)$ (6,836)$ (100,546)$ (22,537)

TRUE Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 192,979$ 245,217
Accounts receivable, net of allowances of $1,264 and $3,099 at September 30, 2022 and December 31, 2021, respectively13,04316,710
Prepaid expenses7,4536,145
Other current assets2,6631,866
Total current assets216,138269,938
Property and equipment, net18,80419,155
Operating lease right-of-use assets17,84923,605
Goodwill051,205
Intangible assets, net15,1634,950
Equity method investment014,500
Other assets4,0694,317
Total assets272,023387,670
Current liabilities  
Accounts payable (includes related party payables of $1,128 at December 31, 2021)9,03811,364
Accrued employee expenses7,1975,187
Operating lease liabilities, current4,4425,253
Accrued expenses and other current liabilities11,2239,677
Total current liabilities31,90031,481
Deferred tax liabilities0103
Operating lease liabilities, net of current portion19,75026,300
Other Liabilities, Noncurrent4,5230
Total liabilities56,17357,884
Commitments and contingencies (Note 9)
Stockholders’ Equity  
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at September 30, 2022 and December 31, 2021, respectively; no shares issued and outstanding at September 30, 2022 and December 31, 202100
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at September 30, 2022 and December 31, 2021, respectively; 90,956,585 and 96,213,243 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively1010
Additional paid-in capital710,233723,623
Accumulated deficit(494,393)(393,847)
Total stockholders’ equity215,850329,786
Total liabilities and stockholders’ equity$ 272,023$ 387,670