TrueCar logged a 7.25% change today, and is now trading at a price of $2.15 per share. The S&P 500 index moved 1.65% and the Nasdaq posted a 2.3% change.
TrueCar shares moved -38.89% over the last 52 weeks, with a high of $4.08 and a low of $1.3. During this time, the stock lagged the S&P 500 index by -29.35%. As of January 2022, the company's 50-day average price is $2.78. TrueCar, Inc. is an Internet-based information, technology and communication services company in the United States. The small-cap Technology company is based in Santa Monica, CA. TrueCar has not offered any dividends in the last year.
The Company Has Irregular Cash Flows and Declining Revenues:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (k) | $353,880 | $280,076 | $233,465 | $164,964 |
| Revenue Growth | n/a | -20.86% | -16.64% | -29.34% |
| Gross Margins | 15.03% | 15.66% | 9.7% | -39.3% |
| Gross Margins Growth | n/a | 4.19% | -38.06% | -505.15% |
| Operating Margins | -17.2% | -6.61% | -14.34% | -76.2% |
| Operating Margins Growth | n/a | 61.57% | -116.94% | -431.38% |
| Earnings Per Share | -$0.51 | $0.77 | -$0.4 | -$1.34 |
| EPS Growth | n/a | 250.98% | -151.95% | -235.0% |
| Diluted Shares (MM) | 107 | 100 | 96 | 88 |
| Free Cash Flow (k) | $9,060 | $28,840 | $3,505 | -$40,817 |
| FCF Growth | n/a | 218.32% | -87.85% | -1264.54% |
| Capital Expenditures (k) | $11,284 | $10,277 | $10,689 | $11,680 |
TrueCar has negative earnings for the current period, so its trailing twelve month P/E ratio is not meaningful. Its forward P/E isn't meaningful either because its guidance EPS is -0.16.
On the other hand, TrueCar is possibly undervalued in terms of its net assets because its P/B ratio is 1.061 compared to its sector average of 6.23.
4 analysts are following TrueCar and have set target prices ranging from $2.75 to $5.0 per share. On average, they have given the company a rating of hold. At the current price of $2.15, TRUE is trading -44.72% away from its average analyst target price of $3.88 per share, implying an analyst consensus of strong upside potential for the stock.
The company has no information on the number of shares sold short since 2% of the company's shares are tied to short positions. Institutions own 92% of TrueCar's shares, while the insider ownership rate stands at 17%.
