At the time of writing, Truecar Inc [TRUE] stock is trading at $1.64, up 1.86%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TRUE shares have gain 1.86% over the last week, with a monthly amount drifted -1.20%, 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 May 06, 2025, when Lake Street downgraded its rating to a Hold. Previously, JP Morgan downgraded its rating to Underweight on March 27, 2025. On February 21, 2025, downgrade downgraded it’s rating to Neutral. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $6 on October 07, 2024. BTIG Research upgraded its rating to a Buy but $3.75 remained the price target by the analyst firm on August 07, 2024. BTIG Research downgraded its rating to Neutral for this stock on September 27, 2023. In a note dated July 20, 2023, B. Riley Securities initiated an Neutral rating and provided a target price of $3 on this stock.
For the past year, the stock price of Truecar Inc fluctuated between $1.05 and $4.62. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. Truecar Inc [NASDAQ: TRUE] shares were valued at $1.64 at the most recent close of the market. An investor can expect a potential drop of -8.54% based on the average TRUE price forecast.
Analyzing the TRUE fundamentals
According to Truecar Inc [NASDAQ:TRUE], the company’s sales were 179.36M for trailing twelve months, which represents an 9.15% jump. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.28 and Total Capital is -0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
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 1.5483 points at the first support level, and at 1.4567 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7033, and for the 2nd resistance point, it is at 1.7667.
Ratios To Look Out For
It is important to note that Truecar Inc [NASDAQ:TRUE] has a current ratio of 4.71. In addition, the Quick Ratio stands at 4.71 and the Cash Ratio stands at 3.78. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 1.29.
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.
