In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $2.19 in the prior trading day, Truecar Inc (NASDAQ: TRUE) closed at $2.17, down -0.91%. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 0.6 million shares were traded. TRUE stock price reached its highest trading level at $2.1987 during the session, while it also had its lowest trading level at $2.16.
Ratios:
Our goal is to gain a better understanding of TRUE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.49 and its Current Ratio is at 4.49. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.05.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRUE now has a Market Capitalization of 192999904 and an Enterprise Value of 99697912. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 0.55 whereas that against EBITDA is -2.733.
Stock Price History:
The Beta on a monthly basis for TRUE is 2.22, which has changed by -0.477327 over the last 52 weeks, in comparison to a change of 0.13042927 over the same period for the S&P500. Over the past 52 weeks, TRUE has reached a high of $4.44, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 2.51%, while the 200-Day Moving Average is calculated to be 15.43%.
Shares Statistics:
The stock has traded on average 763.90K shares per day over the past 3-months and 550770 shares per day over the last 10 days, according to various share statistics. A total of 88.85M shares are outstanding, with a floating share count of 71.39M. Insiders hold about 19.74% of the company’s shares, while institutions hold 72.52% stake in the company. Shares short for TRUE as of 1764288000 were 1353560 with a Short Ratio of 1.77, compared to 1761868800 on 1330730. Therefore, it implies a Short% of Shares Outstanding of 1353560 and a Short% of Float of 1.9800000000000002.
Earnings Estimates
At present, 2.0 analysts are actively evaluating the performance of Truecar Inc (TRUE) in the stock market.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.04 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.04 and -$0.19 for the fiscal current year, implying an average EPS of -$0.11. EPS for the following year is -$0.08, with 2.0 analysts recommending between -$0.02 and -$0.13.
Revenue Estimates
4 analysts predict $48.55M in revenue for. The current quarter. It ranges from a high estimate of $50.5M to a low estimate of $46M. As of. The current estimate, Truecar Inc’s year-ago sales were $46.21MFor the next quarter, 4 analysts are estimating revenue of $47.1M. There is a high estimate of $48.2M for the next quarter, whereas the lowest estimate is $46M.
A total of 4 analysts have provided revenue estimates for TRUE’s current fiscal year. The highest revenue estimate was $192.8M, while the lowest revenue estimate was $183.81M, resulting in an average revenue estimate of $188.98M. In the same quarter a year ago, actual revenue was $175.6MBased on 4 analysts’ estimates, the company’s revenue will be $204.41M in the next fiscal year. The high estimate is $220.9M and the low estimate is $190M.
