TrueCar (TRUE) Scheduled to Post Earnings on Thursday
TrueCar (NASDAQ:TRUE) will release its earnings data after the market closes on Thursday, February 15th.
TrueCar (NASDAQ:TRUE) last posted its quarterly earnings data on Monday, November 6th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.03). TrueCar had a negative net margin of 10.29% and a negative return on equity of 10.38%. On average, analysts expect TrueCar to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of TrueCar (TRUE) opened at $11.16 on Thursday. The stock has a market capitalization of $1,120.00, a P/E ratio of -31.89 and a beta of 2.58. TrueCar has a one year low of $10.16 and a one year high of $21.75. The company has a quick ratio of 6.31, a current ratio of 6.31 and a debt-to-equity ratio of 0.09.
In other news, EVP Neeraj Gunsagar sold 10,443 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $11.28, for a total value of $117,797.04. Following the sale, the executive vice president now directly owns 254,144 shares in the company, valued at $2,866,744.32. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP John Pierantoni sold 2,494 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $11.29, for a total value of $28,157.26. Following the transaction, the senior vice president now owns 57,513 shares in the company, valued at $649,321.77. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,670 shares of company stock worth $177,654. Company insiders own 15.50% of the company’s stock.
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TrueCar Company Profile
TrueCar, Inc is an Internet-based information, technology, and communication services company. The Company has a data-driven online platform, which features market data and analytics. The Company-branded platform is available on its TrueCar Website and mobile applications. It customizes and operates its platform on a co-branded basis for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for a range of enterprises.
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