Ride the Trend Higher Our outlook remains bullish following the S&P 500's multi-month base breakout above 5670, alongside constructive market dynamics which have significantly improved over the past week. In last week's Compass (11/5/24) titled "Buy the Pullback," we discussed how we were buyers, noting that "once past the election, starting as early as today (election day) or tomorrow (day after the election), we believe there will be a strong end-of-year rally that will extend into the early ...
The independent financial analyst theScreener just lowered the general evaluation of TRUECAR (US), active in the Internet industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date January 21, 2022, the closing price was USD 3.15 and its target price was estimate...
A director at Truecar Inc bought 64,000 shares at 3.932USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
TrueCar Forecasts Industry Retail Sales Soar 34% for the 4th Quarter Average Transaction Price Hits All-Time Record SANTA MONICA, Calif., Dec. 28, 2020 (GLOBE NEWSWIRE) -- . projects that total retail sales for Q4 are expected to be up 0.6% from last year when adjusted for the same number of selling days and up 34.2% from Q3 when adjusted for the same number of selling days. Total new vehicle sales will reach 1,605,101 units in December 2020, down 6.5% from a year ago, when adjusted for the same number of selling days. This month’s seasonally adjusted annualized rate (SAAR) for total ...
TrueCar Shares Best End-of-Year Cash, Lease and Finance Deals on New Vehicles for December 2020 Plus Best Deals on Used Vehicle and Trade-Ins SANTA MONICA, Calif., Dec. 17, 2020 (GLOBE NEWSWIRE) -- , Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best end-of-year deals on new and used vehicle purchases and trade-in values for December 2020. “December has typically been the best month to buy when it comes to getting a discount off the sticker price, and the last day of the year has been the best day,” said Nick W...
Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar’s Latest COVID-19 Vehicle Shopping Study Fewer Consumers Expect to Delay Purchase Despite Surging Cases SANTA MONICA, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- , Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, released the sixth wave of its study into the impact of the pandemic on vehicle shopping and vehicle shoppers’ needs, eight months into the COVID-19 pandemic. 36% of car shoppers surveyed stated that, due to COVID-19, they plan to do more of the shopping process on...
TrueCar Closes Sale of ALG Subsidiary to J.D. Power SANTA MONICA, Calif., Nov. 30, 2020 (GLOBE NEWSWIRE) -- , Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, announced today that it closed the sale of its ALG subsidiary to J.D. Power. The total consideration of $135 million includes an upfront cash payment of $112.5 million received at closing, and total deferred payments of up to $22.5 million based on certain financial results. This transaction enriches TrueCar’s cash balance, which as of today exceeds $270 million. The company has no outsta...
TrueCar and ALG Forecast New Vehicle Retail Sales Rise for Third Consecutive Month Average Transaction Prices Jump Nearly 5% Year-Over-Year for November 2020 SANTA MONICA, Calif., Nov. 24, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc. and its ALG, Inc. subsidiary project total new vehicle sales will reach 1,243,630 units in November 2020, down 0.5% from a year ago when adjusted for the same number of selling days. This month’s seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 16.4 million units. Excluding fleet sales, TrueCar and ALG expect U.S. retail de...
TrueCar Shares Best Black Friday Cash, Lease, and Finance Deals on Popular New Models Plus Best Deals on Used Vehicle and Trade-In Values SANTA MONICA, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) -- , Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best Black Friday deals on new and used vehicle purchases and trade-in values. “Black Friday is the biggest shopping day of the year and it’s no different for car shopping. It’s a great weekend for car buyers looking to score a deal on their next car,” said Nick Woolard, Di...
Subaru, Lexus Win Overall Brand Honors in 21st Annual ALG Residual Value Awards ALG recognizes new vehicles that best hold their value Subaru achieves the top spot in the Mainstream Brand category and Lexus wins the top spot in the Luxury Brand category. Subaru earns the most segment awards with four category wins. For the first time this year, ALG introduces the Micro Utility category and Premium Electric category. Mazda took top honors in the Micro Utility category with the Mazda CX-3 and Tesla Model Y took top honors in the Premium Electric category. SANTA MONICA, Calif., Nov. 18, 20...
TrueCar Announces eRacing Sweepstakes in Partnership with TrueCar Military Brand Ambassador, NASCAR Driver and Naval Officer Jesse Iwuji One lucky fan will win the ultimate simulation racing rig and receive a private eRacing lesson from Jesse Iwuji SANTA MONICA, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc., (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, announced its ultimate eRacing fan sweepstakes in partnership with TrueCar Military ambassador, NASCAR driver and Naval Officer . “We are celebrating our partnership with our TrueCar Mili...
Buick and Jaguar Win Overall Brand Honors in 5th Annual 2021 ALG Pre-Owned Value Awards ALG recognizes pre-owned vehicles expected to retain the highest value SANTA MONICA, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- the industry benchmark for forecasting future vehicle values, and the analytics subsidiary of . (NASDAQ: ) today announced the winners of the 2021 Pre-Owned Value Awards (POVA), ranking Buick and Jaguar as the top Mainstream Brand and Premium Brand respectively. “Buick and Jaguar provide consumers the best of both worlds, the luxury and quality of a great vehicle couple...
TrueCar, DAV and AutoNation Award Injured Veteran with New Retrofitted Vehicle through 4th Annual DrivenToDrive Program Medically Retired Air Force Senior Airman and Rally Car Racer, Karah Behrend, will use her new vehicle to help other disabled people learn how to drive with hand-controls SANTA MONICA, Calif., Nov. 11, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc., (NASDAQ: TRUE), the most efficient and transparent way to find a car, and AutoNation, America’s largest and most recognized automotive retailer, and DAV (Disabled American Veterans) today announced the awarding of a vehicle to med...
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