TrueCar, Inc. (TRUE)

🇺🇸NASDAQ

3.15 +0.06 (1.94%)

At close: Jul 05, 2024, 4:00 PM

Market Cap288.8M
Days Range3.06 - 3.165
52 Week Range4.05 - 1.76
Volume113165
EPS (ttm)-0.39
PE Ratio-8.08

2.1% (1D)

TrueCar, Inc. News

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1 month ago - prnewswire.com

ASSEMBLY BRINGS BRAND NEW GALAXY INTO THE FOLD, CONNECTING DIGITAL COMMERCE AND OMNICHANNEL MEDIA TO DELIVER TRUE BRAND PERFORMANCE WORLDWIDE

Stagwell's (STGW) Brand New Galaxy rebrands as Assembly, bolstering Assembly's media and more capabilities across the consumer journey WARSAW, Poland and NEW YORK , June 6, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced that Brand New Galaxy is rebranding as Assembly and bringing expanded digital commerce capabilities and expertise into Assembly around the globe. This new and bigger Assembly of data, talent, and tech enables the connection of omnichannel media to commerce to help deliver Assembly's proposition of Find the Change That Fuels Growth across the entire consumer journey for clients.


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1 month ago - https://www.defenseworld.net

The TJX Companies, Inc. (NYSE:TJX) to Post Q1 2026 Earnings of $0.98 Per Share, Telsey Advisory Group Forecasts

The TJX Companies, Inc. (NYSE:TJX – Free Report) – Stock analysts at Telsey Advisory Group issued their Q1 2026 EPS estimates for TJX Companies in a research report issued on Friday, May 17th. Telsey Advisory Group analyst D. Telsey forecasts that the apparel and home fashions retailer will post earnings per share of $0.98 for the quarter. Telsey Advisory Group currently has a “Outperform” rating and a $112.00 price target on the stock. The consensus estimate for TJX Companies’ current full-year earnings is $4.10 per share. Telsey Advisory Group also issued estimates for TJX Companies’ Q2 2026 earnings at $1.01 EPS, Q3 2026 earnings at $1.19 EPS and Q4 2026 earnings at $1.33 EPS. Several other brokerages have also weighed in on TJX. UBS Group raised shares of TJX Companies from a “neutral” rating to a “buy” rating and increased their price objective for the company from $104.00 to $132.00 in a research report on Thursday, May 2nd. The Goldman Sachs Group upgraded shares of TJX Companies from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $100.00 to $110.00 in a research report on Thursday, April 25th. BMO Capital Markets upped their target price on TJX Companies from $95.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, February 29th. TD Cowen lifted their price target on TJX Companies from $119.00 to $120.00 and gave the stock a “buy” rating in a report on Friday. Finally, Redburn Atlantic lowered TJX Companies from a “buy” rating to a “neutral” rating and set a $100.00 price objective on the stock. in a report on Monday, February 5th. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.71. Check Out Our Latest Stock Report on TJX TJX Companies Stock Up 1.4 % TJX opened at $100.29 on Monday. The stock’s fifty day simple moving average is $97.05 and its 200 day simple moving average is $94.83. TJX Companies has a 1-year low of $75.65 and a 1-year high of $102.84. The stock has a market cap of $113.63 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 2.56 and a beta of 0.87. The company has a current ratio of 1.21, a quick ratio of 0.64 and a debt-to-equity ratio of 0.39. TJX Companies (NYSE:TJX – Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.10. The business had revenue of $16.41 billion during the quarter, compared to analysts’ expectations of $16.20 billion. TJX Companies had a return on equity of 64.18% and a net margin of 8.25%. TJX Companies’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the company posted $0.89 earnings per share. Institutional Investors Weigh In On TJX Companies Hedge funds have recently added to or reduced their stakes in the company. Manhattan West Asset Management LLC raised its holdings in shares of TJX Companies by 0.4% in the 1st quarter. Manhattan West Asset Management LLC now owns 24,670 shares of the apparel and home fashions retailer’s stock worth $2,502,000 after acquiring an additional 103 shares during the last quarter. Bedel Financial Consulting Inc. raised its holdings in shares of TJX Companies by 3.4% in the fourth quarter. Bedel Financial Consulting Inc. now owns 3,190 shares of the apparel and home fashions retailer’s stock valued at $299,000 after purchasing an additional 104 shares during the last quarter. TRUE Private Wealth Advisors lifted its position in shares of TJX Companies by 3.7% during the first quarter. TRUE Private Wealth Advisors now owns 2,932 shares of the apparel and home fashions retailer’s stock valued at $297,000 after purchasing an additional 104 shares in the last quarter. Tandem Investment Advisors Inc. boosted its holdings in TJX Companies by 1.8% during the fourth quarter. Tandem Investment Advisors Inc. now owns 5,846 shares of the apparel and home fashions retailer’s stock worth $548,000 after purchasing an additional 106 shares during the last quarter. Finally, TCI Wealth Advisors Inc. grew its position in TJX Companies by 2.6% in the 1st quarter. TCI Wealth Advisors Inc. now owns 4,214 shares of the apparel and home fashions retailer’s stock worth $427,000 after purchasing an additional 106 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock. Insider Activity at TJX Companies In other news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $98.98, for a total transaction of $1,979,600.00. Following the completion of the transaction, the chief executive officer now owns 515,801 shares of the company’s stock, valued at $51,053,982.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Ernie Herrman sold 20,000 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $98.98, for a total value of $1,979,600.00. Following the transaction, the chief executive officer now owns 515,801 shares in the company, valued at $51,053,982.98. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Louise Greenlees sold 2,694 shares of TJX Companies stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $98.83, for a total value of $266,248.02. Following the completion of the transaction, the executive vice president now directly owns 50,273 shares of the company’s stock, valued at $4,968,480.59. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by company insiders. TJX Companies Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, June 6th. Shareholders of record on Thursday, May 16th will be given a $0.375 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.50 dividend on an annualized basis and a yield of 1.50%. This is a positive change from TJX Companies’s previous quarterly dividend of $0.33. TJX Companies’s dividend payout ratio (DPR) is currently 38.86%. TJX Companies announced that its Board of Directors has approved a share buyback plan on Wednesday, February 28th that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the apparel and home fashions retailer to repurchase up to 2.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued. TJX Companies Company Profile (Get Free Report) The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.


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2 months ago - seekingalpha.com

TrueCar, Inc. (TRUE) Q1 2024 Earnings Call Transcript

TrueCar, Inc. (NASDAQ:TRUE ) Q1 2024 Earnings Call Transcript April 30, 2024 9:00 AM ET Company Participants Jantoon Reigersman - President and CEO Oliver Foley - CFO Conference Call Participants Rajat Gupta - JPMorgan Naved Khan - B. Riley Securities Chris Pierce - Needham & Co. Martin Fong - BTIG Operator Good day and welcome to the TrueCar First Quarter 2024 Financial Results Conference Call.


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2 months ago - zacks.com

TrueCar (TRUE) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for TrueCar (TRUE) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.


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2 months ago - zacks.com

TrueCar (TRUE) Reports Q1 Loss, Lags Revenue Estimates

TrueCar (TRUE) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.16 per share a year ago.


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2 months ago - prnewswire.com

TrueCar Releases First Quarter 2024 Financial Results and Stockholder Letter

Live call and webcast will occur on April 30 at 9:00 a.m. ET SANTA MONICA, Calif.


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2 months ago - prnewswire.com

TrueCar to Announce First Quarter 2024 Financial Results in Stockholder Letter on April 29

Live call and webcast will occur on April 30 at 9:00 a.m. ET SANTA MONICA, Calif.


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2 months ago - investorplace.com

Looking for the Next Google? Buy These 7 Tech Penny Stocks

Many investors dream of getting in early on the next big tech startup that will turn into a behemoth like Google (NASDAQ: GOOG , NASDAQ: GOOGL ) or Amazon (NASDAQ: AMZN ). Finding and investing in the next unicorn company while it is still in its infancy would lead to almost unfathomable returns.


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2 months ago - prnewswire.com

Diego Rodriguez Nominated to Stand for Election to TrueCar's Board of Directors at May 23, 2024 Annual Meeting

SANTA MONICA, Calif. , April 8, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced that Diego Rodriguez has been nominated to stand for election to its Board of Directors at the company's May 23, 2024 Annual Meeting of Stockholders.


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4 months ago - zacks.com

TrueCar (TRUE) Reports Q4 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for TrueCar (TRUE) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.


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4 months ago - zacks.com

TrueCar (TRUE) Reports Break-Even Earnings for Q4

TrueCar (TRUE) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.17 per share a year ago.


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4 months ago - prnewswire.com

TrueCar Releases Fourth Quarter 2023 Financial Results and Stockholder Letter

Live call and webcast will occur on February 21 at 9:00 a.m. ET SANTA MONICA, Calif.


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4 months ago - seekingalpha.com

TrueCar May Be On The Cusp Of Growth, Profitability, And Higher Share Prices

TrueCar is expected to maintain its momentum in the fourth quarter of 2023, with the likelihood of higher share prices. The company operates as a technology platform, connecting car buyers with certified dealers and offering local pricing information and inventory. TrueCar has set ambitious goals for the next three years, aiming for annual revenue of over $300 million and more than 10% free cash flow by the end of 2026.


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5 months ago - prnewswire.com

TrueCar to Announce Fourth Quarter 2023 Financial Results in Stockholder Letter on February 20

Live call and webcast will occur on February 21 at 9:00 a.m. ET SANTA MONICA, Calif.


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5 months ago - prnewswire.com

TrueCar Marketing Solutions Helps Dealers Conquest New Customers, Drive Service Revenue, and More

TrueCar drives purchase-ready customers to dealerships through customized broad and targeted marketing tactics NADA attendees can win $100K in free marketing spend and TrueCar Marketing Solutions services TrueCar Wholesale Solutions launches its first auction "Exchange," powered by Turn Automotive SANTA MONICA, Calif. , Feb. 1, 2024 /PRNewswire/ -- TrueCar, Inc.  (NASDAQ: TRUE), the easiest, most efficient, and transparent online destination for buying and selling new and used vehicles, today announced TrueCar Marketing Solutions, a suite of solutions backed by unsurpassed consumer data designed to help dealers engage customers outside their current reach, bringing them through the purchase process and maximizing their lifetime value.


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7 months ago - seekingalpha.com

TrueCar's Fundamentals Stabilize As Car Market Rebalances

TrueCar, Inc. beats revenue estimates in Q3 2023 by approximately $170,000. TrueCar operates an online marketplace for automobile purchases in the United States. The company's fundamentals are improving, but it may not return to high growth or achieve operating breakeven in the near term.


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7 months ago - zacks.com

TrueCar (TRUE) Reports Q3 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for TrueCar (TRUE) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.


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8 months ago - prnewswire.com

TrueCar Awards Army Veteran with Brand New Vehicle Through DrivenToDrive Initiative

In partnership with DAV (Disabled American Veterans) and AutoNation, TrueCar recognizes veteran for continued service to community  SANTA MONICA, Calif. , Nov. 9, 2023 /PRNewswire/ -- TrueCar , Inc. (NASDAQ: TRUE), the easiest, most efficient, and transparent online destination for buying and selling new and used vehicles, has awarded Army veteran Adam Greathouse of West Virginia, with a new vehicle through its DrivenToDrive initiative.


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8 months ago - prnewswire.com

TrueCar Releases Third Quarter 2023 Financial Results and Stockholder Letter

Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif.


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8 months ago - zacks.com

TrueCar (TRUE) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

TrueCar (TRUE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.


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8 months ago - prnewswire.com

TrueCar Announces New Partnership with Car and Driver Allowing Millions of Users to Shop for Vehicles on CarandDriver.com

SANTA MONICA, Calif. , Oct. 26, 2023 /PRNewswire/ -- TrueCar , Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, has announced a new partnership with Car and Driver, the world's largest automotive media brand and trusted guide for in-market vehicle shoppers.


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8 months ago - prnewswire.com

TrueCar to Announce Third Quarter 2023 Financial Results in Stockholder Letter on November 6

Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif.


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9 months ago - marketwatch.com

TrueCar stock down 4% after online car platform gets new CFO

Shares of TrueCar Inc. TRUE, -0.88% fell 4% in the extended session Tuesday after the online car platform named Oliver Foley as its new chief financial officer, replacing Teresa Luong. Foley will start at TrueCar on Oct. 30 and report to Chief Executive Jantoon Reigersman, the company said.


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9 months ago - prnewswire.com

TrueCar Announces New Leadership Appointments

SANTA MONICA, Calif. , Sept. 26, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced new leadership appointments and role changes.


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10 months ago - gurufocus.com

TrueCar Inc's Rocky Road Ahead: Unraveling the Factors Limiting Outperformance

Long-established in the Interactive Media industry, TrueCar Inc ( TRUE , Financial) has enjoyed a stellar reputation. It has recently witnessed a surge of 12.44%, juxtaposed with a three-month change of 0.21%.