Latest news with #TrueCar
Globe and Mail
07-08-2025
- Automotive
- Globe and Mail
TrueCar (TRUE) Q2 Revenue Jumps 12%
Key Points GAAP revenue climbed 12.4% year-over-year in Q2 2025, beating expectations and marking TrueCar's best quarter since Q3 2021. GAAP earnings per share for Q2 2025 came in far below analyst forecasts, highlighting persistent profitability challenges. GAAP gross margin declined sharply to 76.3% in Q2 2025, while non-GAAP free cash flow remained negative at ($4.8 million) despite operational improvements. These 10 stocks could mint the next wave of millionaires › TrueCar (NASDAQ:TRUE), a digital automotive marketplace connecting car buyers with certified dealers, released its earnings report for the second quarter of fiscal 2025 on August 6, 2025. The most important takeaway was GAAP revenue was $47.0 million, exceeding analyst expectations by $2.35 million, but offset by a significant net loss and a severe miss on earnings per share; GAAP EPS was ($7.60), well below the estimated ($0.06). The period saw substantial progress in product innovation and customer experience, but ongoing margin pressure and cash burn tempered the positive headline numbers. Overall, the quarter delivered strong GAAP sales growth but did not meet expectations for profitability. Metric Q2 2025 Q2 2025 Estimate Q2 2024 Y/Y Change EPS (GAAP) ($7.60) ($0.06) N/A N/A Revenue (GAAP) $47.0 million $44.65 million $41.8 million 12.4% Net Loss ($7.6 million) ($13.5 million) 43.7% Adjusted EBITDA ($1.2 million) $0.1 million N/A Free Cash Flow ($4.8 million) ($3.6 million) (33.3%) Source: Analyst estimates for the quarter provided by FactSet. Business Overview and Recent Key Focus Areas TrueCar is known for its online platform that streamlines the car-buying process by helping consumers research, compare, and connect with certified auto dealers. The company leverages proprietary data and analytics to offer transparent vehicle pricing, digital purchasing options, and dealer connection features. In recent periods, TrueCar has prioritized expanding its end-to-end online retailing solution, TrueCar+, and investing in product innovation for both dealers and consumers. The rollout of new data-driven tools and automation features reflects TrueCar's emphasis on technological capability, efficiency, and adapting to regulatory requirements. Key success factors include sustained partnerships, expanding coverage of OEM incentive programs, and maintaining a robust affinity network of over 250 partners to drive high-value leads to dealer clients. Quarterly Highlights: Revenue Growth, Operational Trends, and Product Advances In the second quarter, GAAP revenue rose 12.4% year-over-year, outperforming analyst projections and delivering the highest quarterly result since Q3 2021. While monetization per unit increased to $526 (from $468 a year ago), a notable achievement, unique visitor traffic declined from 7.7 million to 5.5 million. This drop was partly due to a deliberate reduction in lower-intent marketing, with the stated aim of boosting quality and conversion efficiency. GAAP gross margin contracted from 86.9% in Q2 2024 to 76.3% in Q2 2025, reflecting increased spending on lower-margin products and higher expenses in scaling new initiatives. Non-GAAP adjusted EBITDA fell to ($1.2 million), compared to a slight gain in the previous year. Non-GAAP free cash flow remained negative, though improved sequentially, with a net outflow of ($4.8 million). Key product developments included enhancements to the dealer platform, such as the launch of 'Actionable Insights,' a tool offering data-driven recommendations to dealers for improved performance. Machine learning was applied via the new "Motivated Buyer" feature, flagging high-intent leads. On the consumer side, TrueCar revamped its search results and vehicle detail pages, making the digital shopping journey more transparent and intuitive, and piloted new features within TrueCar+ to boost user engagement and drive higher conversion rates. Connections with OEM partners remained strong, and incentive-driven programs contributed $2.9 million in revenue in the first half of 2025, already surpassing the $2.5 million received in all of 2024. However, some incentive programs were paused after exceeding budgets at the end of Q2 2025, which could result in revenue lumpiness in coming quarters. Industry data shows TrueCar's new vehicle unit sales grew 6.2% year-over-year in Q2 2025, outpacing the broader market's 2.8% growth and reflecting solid franchise dealer momentum despite ongoing contraction among independent dealer partners. Operational Metrics, Segment Trends, and Competitive Positioning Dealer revenue grew 12.1%, led by franchise dealer stability (up 1.1%) and exceptional gains from vehicle sourcing products (up 264.7%) in Q2 2025. OEM segment revenue increased 19.7% year-over-year. Despite stable new car segment results, overall dealer count dropped from 11,474 in Q2 2024 to 11,177 in Q2 2025, mainly due to headwinds among independent dealers. TrueCar's affinity partner channel—the network of large brands and organizations driving traffic to its platform—continued to deliver high-value leads, though certain OEM incentive programs were paused as a result of faster-than-expected budget use. Efficiency efforts were evident in a sharp 41.8% improvement in funnel conversion year-over-year in Q2 2025, with the average cost per sale on falling 29.9% year-over-year to $169. OpEx lines reflected a mixed picture: sales and marketing spending grew year-over-year but was flat from last quarter, while tech and G&A (general and administrative) expenses declined as cost controls deepened. GAAP gross profit in dollar terms slipped year-over-year despite higher revenue, a symptom of the lower-margin product mix and incremental growth costs. Management expects recent headcount reductions and sales and service team consolidation to yield about $500,000 a month in cost savings beginning in Q3 2025. TrueCar+—the company's digital retailing platform enabling fully online car-buying—remained a standout area of innovation. The integration of dealer management system (DMS) tools and a redesigned online checkout delivered significant metrics improvements in Q2 2025, including a 115% increase in add-to-cart rates, a 40% rise in daily credit application submissions, and a doubling of F&I (finance and insurance) product attachment rates. These signals point to improving customer engagement and growing traction with digital retailing as dealers and consumers continue shifting online. Some challenges remained evident. Unique visitor count dropped by 28.6% year-over-year, reflecting TrueCar's tighter focus on quality leads and conversion at the expense of traffic scale. Dealer sentiment, according to the Cox Automotive Dealer Sentiment Index, declined. Franchise dealers were less affected than independents, which aligns with the sharper decline in independent dealer participation. Inventory trends will bear continued attention as tariffs and affordability put new car supply and pricing under pressure in the second half of the year. Looking Ahead: Outlook and Considerations for Investors TrueCar's management did not issue formal financial guidance for the next quarter or for the remainder of fiscal 2025, citing persistent uncertainty in the automotive market related to tariffs, supply constraints, and evolving OEM incentive strategies. Although executives expressed confidence in the company's ability to navigate diverse growth scenarios, they declined to forecast specific revenue or profit targets. In management's words: 'we believe that the steps we have taken to eliminate costs and maximize our financial flexibility position us to navigate a range of revenue growth scenarios and deliver Adjusted EBITDA profitability and positive Free Cash Flow over the second half of 2025.' Key areas to watch in upcoming quarters include the continued rollout and scaling of TrueCar+, stabilization in unique visitor traffic and dealer count, further improvements in expense control, and potential swings in OEM-driven revenue streams. Persistent negative free cash flow and gross margin compression remain core risks, requiring progress toward sustainable profitability to support long-term competitive standing. TRUE does not currently pay a dividend. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,026%* — a market-crushing outperformance compared to 180% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of August 4, 2025 JesterAI is a Foolish AI, based on a variety of Large Language Models (LLMs) and proprietary Motley Fool systems. All articles published by JesterAI are reviewed by our editorial team, and The Motley Fool takes ultimate responsibility for the content of this article. JesterAI cannot own stocks and so it has no positions in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Yahoo
07-08-2025
- Automotive
- Yahoo
TrueCar (TRUE) Reports Q2 Loss, Beats Revenue Estimates
TrueCar (TRUE) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to a loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this provider of localized information on new car costs would post a loss of $0.09 per share when it actually produced a loss of $0.09, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just once. TrueCar, which belongs to the Zacks Internet - Services industry, posted revenues of $47 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.67%. This compares to year-ago revenues of $41.79 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. TrueCar shares have lost about 56.8% since the beginning of the year versus the S&P 500's gain of 7.1%. What's Next for TrueCar? While TrueCar has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for TrueCar was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.02 on $48.46 million in revenues for the coming quarter and -$0.19 on $186.98 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, The Trade Desk (TTD), has yet to report results for the quarter ended June 2025. The results are expected to be released on August 7. This digital-advertising platform operator is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of +7.7%. The consensus EPS estimate for the quarter has been revised 1% higher over the last 30 days to the current level. The Trade Desk's revenues are expected to be $684.46 million, up 17.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TrueCar, Inc. (TRUE) : Free Stock Analysis Report The Trade Desk (TTD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
31-07-2025
- Automotive
- Yahoo
TrueCar to Announce Second Quarter 2025 Financial Results in Stockholder Letter on August 6
Live call and webcast will occur on August 7 at 9:00 a.m. ET SANTA MONICA, Calif., July 31, 2025 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the second quarter ended June 30, 2025 on Wednesday August 6, 2025 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Thursday, August 7 at 9:00 a.m. Eastern Time to discuss the results. A live webcast of the call will also be accessible through TrueCar's Investor Relations website. TrueCar Second Quarter 2025 Live Call and Webcast Details: Date: Thursday, August 7, 2025 Time: 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) Dial-In: 1-833-816-1391 (domestic) 1-412-317-0484 (international) Webcast: Use this LINK to register for the live webcast An archived version of the call will be available upon completion on the Investor Relations section of TrueCar's website at About TrueCar TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers. With access to an expansive inventory provided by our Certified Dealers, we are building the industry's most personalized and efficient auto shopping experience as we seek to bring more of the process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles. When they are ready, shoppers in TrueCar's marketplace can connect with a Certified Dealer in our network, who shares our belief that truth, transparency and fairness are the foundation of a great auto shopping experience. As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including Sam's Club, AAA and Navy Federal Credit Union. For more information, please visit and follow us on LinkedIn, Facebook or X. TrueCar media email: pr@ View original content to download multimedia: SOURCE TrueCar, Inc. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
05-06-2025
- Automotive
- Yahoo
Tough on Terrain, Easy on Your Wallet: Budget Off-Road SUVs That Crush It
Over the past few decades, the auto industry has steadily blurred the definition of what an SUV really is. What once described large, rugged vehicles built for tough terrain now includes everything from compact crossovers to lifted hatchbacks. Today, some so-called SUVs start around $20,000 and don't even come with all-wheel drive, making them better suited for school drop-offs than off-road adventures. If you're looking for something more capable, a vehicle that can actually handle trails, snow, and rough terrain, then you're in the right place. We chose these SUVs based on their price first and foremost. If it's brand new, we've chosen the trim level that fits within this budget, and the prices are correct at the time of publication. If it's used, we reference the market valuation website for the current value. As for the off-road capability, we use the opinions and experience of professional automotive journalists who have driven these SUVs and tested them in the right conditions. Wherever we mention stats, such as ground clearance, etc., they are the official figures claimed by the automakers. So, what kind of SUV can you buy for $40,000 or less and not have to worry about road conditions? Let's see… Easily one of the most obvious choices. The Wrangler is one of America's favorite off-roader SUVs, and despite all the jokes and stereotypes surrounding both it and the Jeep brand as a whole, it still has some good value to bring. Available as a three-door or five-door, the Wrangler is a genuinely capable off-roader right from the factory. The latest one is offered with 35" tires, giving it an almost ridiculous 13" ground clearance. You can also get the 2025 Wrangler as a plug-in hybrid, and it's even possible to spec it with an optional winch. For $40,000, you'll have to settle for a base Sport if you want four doors, but if you're fine with a two-door, add $190 to the budget, and you'll have a more specced-out Willys. We'd love to include the 2025 4Runner in this roundup, but sadly, that car starts from $40,000. Instead, the fifth-generation 4Runner will have to do. Actually, that doesn't sound right. The fifth-generation 4Runner will most certainly do. Launched in 2010 and staying in production for a decade and a half, the fifth-generation 4Runner was one of the last truly old-school SUVs on the market. While everyone transitioned to hybrids and smaller engines, the 4Runner was chugging away with a big 4.0-liter V6 and a five-speed automatic, as reported by TrueCar. YouTuber Doug DeMuro also demonstrated how old school it was in his review, including the persistent use of a regular key. places the fifth-gen 4Runner at around $33,000. You might need to go for a higher mileage example, but this is a Toyota SUV, so that shouldn't be much of a problem. Easily one of the greatest comebacks in automotive history. After decades of consideration and teasing, Ford finally brought back the Bronco in 2020 as a proper competitor to the Jeep Wrangler. If you want a brand-new Bronco, the basic ones start from just under $40,000. It's a better idea to go through the classifieds for certified pre-owned or leftover inventory. Even though values the Bronco at around $70,000, if you dig past all the hideous, modified examples, you could get a Bronco with the Sasquatch package for around $36,000. You definitely want the Sasquatch because that's the one with the locking diffs, larger tires, and beadlock wheels. That's not to say the regular Bronco isn't capable enough already, as Elana Scherr of Car and Driver discovered. The Mercedes G-Class guarantees off-road ability in the same way that a sunny day guarantees a blue sky. Starting its life as a military vehicle, the G-Wagen has become one of the most iconic and notoriously capable off-roaders of all time. It oozes cool factor from every angle, and that has meant, among other things, sky-high values. Obviously, $40,000 is nowhere near enough for a brand-new Rodeo Drive spec G-Class. For this kind of money, you'll be looking at an imported W463 G Wagen, meaning anything from the early '90s until about 2000 or so. Although they have less tech than the newest ones, Jonathan Bryce of Autocar reports that they still have a decent amount of creature comforts and some pretty unstoppable diesel engines. Many of them are now legal to import to the States. Even though Classic values the diesel G-Wagens of this vintage at around $45,000, some are going for $35,000 or even around $25,000. This is the Toyota SUV that was gone too soon, and it needs to be brought back. The FJ Cruiser was a tribute band to the original FJ40 Land Cruiser, hence the name, and it was a more fun way to have an off-roader SUV. Everything about this thing oozes style and character, from the half-size rear doors to the general shape and the trio (yes, really) of windshield wipers. It's also tough and durable on the inside, the powertrains are reliable, as Vlad Radu of Autoevolution reports, and the styling is not just for show: it's genuinely capable. For $40,000, you might get lucky and find one of the Trail Team's versions. If you want to play it safe, Classic places the regular FJ Cruisers at around $28,000 on average, and for closer to $40,000, you'll have a mint condition one with low miles. This also means that the FJ Cruiser doesn't really do depreciation. Another off-roader SUV that disappeared from the market a little bit too soon. The Xterra was, ostensibly, an SUV version of the Frontier pickup truck. It aimed to offer genuine capability in a smaller footprint and at a more affordable price. As Zach Bowman of MotorTrend reported, it doesn't really drive like a bulky lifted car on the road, but when duty calls, the Xterra will respond every time. The second-generation Xterra received some nicer off-road hardware, including, as Ron Kiino of C&D reported, a proper locking rear differential. The first-generation cars had a rear LSD, but they were still plenty capable. Classic places both generations of the Xterra at around $13,000 on average, and that kind of money is plenty enough for a well-kept example with the off-roading upgrades. The third-gen Montero, known as the Pajero or Shogun in other markets, blends comfort and off-road performance with a surprising amount of refinement. While earlier Monteros were more utilitarian, this version embraced modern comforts without sacrificing its serious 4WD chops. With a unibody chassis and fully independent suspension, it may not be a rock crawler like a Wrangler, but it's extremely capable on rough trails. Most examples fall in the $6,000–$12,000 range, depending on condition, so you've got room in the budget for tires and a mild lift. Some of you may not know, but throughout most of the world, Toyota offers a smaller version of the Land Cruiser called the Land Cruiser Prado. That's essentially what the 250 Series is now, and Gero Lilleike of confirms it still carries that same Prado name overseas. Technically, there was a way to have a Prado in North America, too, but it had a Lexus badge instead of a Toyota one. The GX first came to North America in 2002, but we're focusing on the second-generation J150 here. The Lexus GX enjoyed V8 power in the States, which its overseas counterpart couldn't brag about. While it did focus a lot on luxury, Jason Fogelson of Forbes reported that the J150 GX has permanent 4WD and a standard locking center diff, which made overlanding as easy as pie. According to Classic, second-generation GX models go for around $27,000 on average. GM doesn't exactly have a stellar reputation for off-roaders, but the original TrailBlazer is a dark horse. It came with a robust 4.2-liter inline-6 making 275 horsepower, solid towing capability, and optional 4WD with low range. The platform was shared with the GMC Envoy and a few others, but the TrailBlazer stood out for its rugged utility. It's not the flashiest SUV out there, but with used prices starting at just a couple of thousand dollars, according to Kelley Blue Book, it's a dirt-cheap ticket to your favorite trailhead. If you're looking for a full-size SUV that combines comfort with genuine off-road chops, the Z71 trim of the Chevrolet Tahoe is a solid pick. Available across multiple generations, the Z71 package added off-road suspension, skid plates, beefier tires, and a locking rear differential, features that helped transform the Tahoe from suburban hauler to backcountry bruiser. Despite its size, the Tahoe Z71 is surprisingly capable off-road, especially when paired with the 5.3-liter V8 engine. Parts availability is excellent, reliability is solid, and there's plenty of space for gear or passengers. J.D. Power lists average values for 2004 Z71 models around $4,225–$9,500, making them a budget-friendly way to explore the wild without sacrificing daily drivability. Isuzu pulled out of the U.S. market a long time ago. The Japanese automaker did not leave without a bang, however. The VehiCROSS is one of the strangest, most admirable SUVs to emerge in the late 90s and the early 2000s. It was offered exclusively with three doors and had some truly ridiculous (in a good way) styling, the most notable aspect being the massive tires. As Frank Markus of Car and Driver reported, the VehiCROSS had beefy drivetrain components designed not just to go off-road but to go off-road fast. In that regard, the VehiCROSS and its Baja capabilities were way ahead of their time. You won't be surprised to hear that this is a very rare vehicle, but Classic claims that the average value hovers around $11,000, though nicer examples are closer to $20,000. Sometimes, having an off-roader that works most of the time is no fun. The Land Rover LR3, or the Discovery 3, as it was called in the rest of the world, is something like a more utilitarian Range Rover with three-row seating. Land Rover doesn't skip out when it comes to off-roading, and the LR3 is no exception. Mack Hogan of Road and Track absolutely loved his time off-roading a mostly stock LR3. It's an immensely capable SUV while also being luxurious, full of charm, and offering some exciting powertrains. places the LR3 at around $13,000 on average, though you want to avoid the four-figure, high-mileage examples for optimal results. You should also avoid the TMU (total mileage unknown) stuff and anything without proper maintenance and records. One Reddit user confirms that proper maintenance is a top priority for these cars. Despite the bro-truck reputation, the H3 is more than just a mall crawler fashion statement. It's the most normal-sized Hummer and shares underpinnings with the Chevy Colorado. The H3 has full-time 4WD with optional rear locking diff and serious ground clearance (up to 9.7"), and steep approach/departure angles. It's also one of the few Hummers you can buy for less than $20K and not feel guilty about modifying. If you're looking for a solid trail SUV with plenty of presence, the H3 is an excellent choice. Despite Jeep's somewhat bad reputation in the automotive world, the XJ Cherokee is one of the automaker's greatest hits. Launched at the very end of the 1980s, this boxy workhorse introduced something to the SUV world that would become the gold standard: unibody construction. The XJ Cherokee was one of the first production SUVs to use a unibody instead of body-on-frame, something that Jerrod Jones of MotorTrend covers in great detail. That didn't mean the XJ Cherokee was not capable of off-roading, even if it did require a few small modifications. What's more, you could have it with Jeep's 4.0-liter inline-6, an engine one Reddit user claims is quite literally unstoppable. According to Classic, on average, XJ Cherokees are going for around $13,000, though the nicely kept examples are closer to $20,000. One of a handful of Suzuki models that Americans fondly remember. Also briefly known as the Geo Tracker, the Suzuki Sidekick was the North American version of the Vitara/Escudo, and it was a pretty big change of pace for the SUV market at the time. David Tracy of the Autopian makes it clear that this is not an SUV we should mock based on appearances. The Sidekick stood out due to its comparatively small dimensions, and it was jam-packed with personality. It looks cool even today. When it comes to SUVs, Suzuki tends to focus on off-road capability, and the Sidekick is no exception. It's a fun way to go further off-road than any vehicle this size has any right to do, and you won't have to part ways with a ton of cash. Considering that these go for $8,000 on average, according to Classic, it's an affordable way to venture off-road. The Grand Vitara is one of the most overlooked modern compact SUVs with legitimate off-road capability. Unlike most of its crossover competitors, it used a ladder-frame-on-unibody design with a real low-range transfer case. This was a decent off-road SUV straight off the showroom floor, and with modest mods like all-terrain tires and a slight lift, it becomes a surprisingly competent trail runner. Best of all, you can scoop one up for around $8,000, leaving plenty of headroom in your budget for personalization. Before the Explorer became a mall crawler, the early models were proper off-road rigs. The first-gen Explorer shared much of its DNA with the rugged Ranger pickup, including a solid rear axle, body-on-frame construction, and a torque-rich 4.0-liter V6. With the optional 4WD system and available 5-speed manual, these SUVs could hold their own on rocky trails. They're not as refined as newer models, but they're easy to maintain and built to take a beating. Best of all, you can find clean examples for well under $5,000, leaving plenty of room in the budget for upgrades. The Liberty may not have the legendary status of the Wrangler, but the Renegade trim brought legit off-road cred to Jeep's smaller SUV. It featured skid plates, a locking center differential, and beefier suspension components, plus the boxy styling and roof lights gave it a trail-ready attitude. Under the hood was a 3.7-liter V6 paired with a proper 4WD system. It's not as hardcore as a Wrangler, but it'll get you down a muddy trail without breaking a sweat. According to Kelley Blue Book, used prices hover around $3,000–$6,000, making it one of the cheapest ways into the Jeep lifestyle. Before the Durango went full soccer-mom SUV, the first-generation model was a decent off-roader. Built on a modified Dakota pickup chassis, it came with V8 power, optional 4WD with a low-range transfer case, and seating for up to seven. It wasn't luxurious, but it was rugged and full of attitude. You can find one of these listed for around $5,000–$7,000, depending on mileage and condition, which makes it one of the most affordable ways to obtain V8-powered off-road capability. One of the most badge-engineered cars in history, the Isuzu Rodeo was marketed under about a dozen other brands and model names. The Rodeo is somewhat of a cult classic SUV nowadays, and it's a pretty interesting off-roader. Christian Hazel of MotorTrend singles out the Rodeo as a great first off-roader since it doesn't lose all talent when it's on the pavement. It's decently drivable on the road, but when you want to go off-roading, you won't have a hard time. The most desirable Rodeos use the 3.2-liter V6, and Classic places the average value at around $8,000. You might have to pay a little bit more for the nicest ones, though. Many off-road SUVs come with a hefty price tag, and even then, they often need expensive modifications to handle serious terrain. Between upgrades, lift kits, and aftermarket gear, costs can climb quickly. But the models featured here prove you don't need to break the bank to get true off-road capability. With a budget of around $40,000, you can find an SUV that's ready for adventure straight from the factory, no major upgrades required. Just a sense of direction and a willingness to explore.
Yahoo
01-06-2025
- Business
- Yahoo
With 71% ownership of the shares, TrueCar, Inc. (NASDAQ:TRUE) is heavily dominated by institutional owners
Significantly high institutional ownership implies TrueCar's stock price is sensitive to their trading actions 54% of the business is held by the top 6 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A look at the shareholders of TrueCar, Inc. (NASDAQ:TRUE) can tell us which group is most powerful. With 71% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. In the chart below, we zoom in on the different ownership groups of TrueCar. Check out our latest analysis for TrueCar Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in TrueCar. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of TrueCar, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. It looks like hedge funds own 5.2% of TrueCar shares. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. Caledonia (Private) Investments Pty Limited is currently the company's largest shareholder with 20% of shares outstanding. USAA Investment Services Company is the second largest shareholder owning 9.1% of common stock, and BlackRock, Inc. holds about 8.4% of the company stock. In addition, we found that Jantoon Reigersman, the CEO has 0.8% of the shares allocated to their name. We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. We can see that insiders own shares in TrueCar, Inc.. In their own names, insiders own US$4.3m worth of stock in the US$127m company. It is good to see some investment by insiders, but we usually like to see higher insider holdings. It might be worth checking if those insiders have been buying. The general public, who are usually individual investors, hold a 14% stake in TrueCar. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Public companies currently own 6.1% of TrueCar stock. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 1 warning sign for TrueCar you should be aware of. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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