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JP Morgan analyst Rajat Gupta downgraded TrueCar, Inc. TRUE from Overweight to Neutral.
The heavy selling pressure might have exhausted for TrueCar (TRUE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
TrueCar, Inc. (TRUE) Q4 2024 Earnings Call Transcript
While the top- and bottom-line numbers for TrueCar (TRUE) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
TrueCar (TRUE) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to break-even earnings per share a year ago.
Live call and webcast will occur on February 19 at 9:00 a.m. ET SANTA MONICA, Calif.
TrueCar (TRUE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Live call and webcast will occur on February 19 at 9:00 a.m. ET SANTA MONICA, Calif.
Slice of Hope Campaign Highlights and Supports Wish Kids Through 2026 THOMASVILLE, Ga. , Jan. 27, 2025 /PRNewswire/ -- Nature's Own ®, America's No.
SANTA MONICA, Calif. , Aug. 16, 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 its Chief People Officer & Operations, Jill Angel, has been appointed as Chief Operating Officer, effective immediately.