A share price of Truecar Inc [TRUE] is currently trading at $1.54, up 10.00%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TRUE shares have gain 17.56% over the last week, with a monthly amount drifted -16.30%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Truecar Inc [NASDAQ: TRUE] stock has seen the most recent analyst activity on March 27, 2025, when JP Morgan downgraded its rating to a Underweight. Previously, JP Morgan downgraded its rating to Neutral on February 21, 2025. On October 07, 2024, Lake Street initiated with a Buy rating and assigned a price target of $6 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $3.75 on August 07, 2024. BTIG Research downgraded its rating to a Neutral. B. Riley Securities started tracking with a Neutral rating for this stock on July 20, 2023, and assigned it a price target of $3. In a note dated March 14, 2023, Needham upgraded an Buy rating on this stock but restated the target price of $3.50.
Truecar Inc experienced fluctuations in its stock price throughout the past year between $1.25 and $4.62. Currently, Wall Street analysts expect the stock to reach $3.75 within the next 12 months. Truecar Inc [NASDAQ: TRUE] shares were valued at $1.54 at the most recent close of the market. An investor can expect a potential return of 143.51% based on the average TRUE price forecast.
Analyzing the TRUE fundamentals
Trailing Twelve Months sales for Truecar Inc [NASDAQ:TRUE] were 175.60M which represents 11.92% growth. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.23 and Total Capital is -0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4517 points at the first support level, and at 1.3633 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5867, and for the 2nd resistance point, it is at 1.6333.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Truecar Inc [NASDAQ:TRUE] is 4.11. Further, the Quick Ratio stands at 4.11, while the Cash Ratio is 3.4. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 1.14.
Transactions by insiders
Recent insider trading involved Swart Jeff, EVP, Gen. Counsel & Secretary, that happened on Aug 21 ’24 when 20000.0 shares were sold. Officer, JEFFREY J. SWART completed a deal on Aug 21 ’24 to buy 20000.0 shares.
