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Chegg (CHGG)
NYSE:CHGG
Chegg (CHGG) Stock Price & Analysis
2,565 Followers
CHGG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.72 - $30.05
Previous Close$9.2
Volume2.61M
Average Volume (3M)4.48M
Market Cap
$1.10B
Enterprise Value$1.75B
Total Cash (Recent Filing)$559.17M
Total Debt (Recent Filing)$1.21B
Price to Earnings (P/E)5.1
Beta0.90
Next Earnings
Aug 07, 2023EPS Estimate
$0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.79
Shares Outstanding126,551,885
10 Day Avg. Volume3,106,998
30 Day Avg. Volume4,476,894
Standard Deviation0.16
R-Squared0.14
Alpha-0.00018
Financial Highlights & Ratios
Price to Book (P/B)4.07
Price to Sales (P/S)11.74
Price to Cash Flow (P/CF)4.20
P/FCF Ratio4.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.33
Enterprise Value/Gross Profit3.08
Enterprise Value/Ebitda8.96
Forecast
1Y Price Target
$13.89Price Target Upside50.98% Upside
Rating ConsensusHold
Number of Analyst Covering12
Chegg News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Monthly Users
Number of people who visit Chegg websites
Desktop Users
Mobile Users
CHGG FAQ
What was Chegg’s price range in the past 12 months?
Chegg lowest stock price was $8.72 and its highest was $30.05 in the past 12 months.
What is Chegg’s market cap?
Currently, no data Available
When is Chegg’s upcoming earnings report date?
Chegg’s upcoming earnings report date is Aug 07, 2023 which is in 71 days.
How were Chegg’s earnings last quarter?
Chegg released its earnings results on May 01, 2023. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.256 by $0.014.
Is Chegg overvalued?
According to Wall Street analysts Chegg’s price is currently Undervalued.
Does Chegg pay dividends?
Chegg does not currently pay dividends.
What is Chegg’s EPS estimate?
Chegg’s EPS estimate is $0.28.
How many shares outstanding does Chegg have?
Chegg has 119,716,255 shares outstanding.
What happened to Chegg’s price movement after its last earnings report?
Chegg reported an EPS of $0.27 in its last earnings report, beating expectations of $0.256. Following the earnings report the stock price went down -48.409%.
Which hedge fund is a major shareholder of Chegg?
Among the largest hedge funds holding Chegg’s share is Sands Capital Management LLC. It holds Chegg’s shares valued at 126M.
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Chegg Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$13.89 (50.98% Upside)
$13.89 (50.98% Upside)
Blogger Sentiment
Bullish
CHGG Sentiment 82%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $303.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 12.9%
Last 30 Days ▲ 12.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-50.61%
12-Months-Change
Fundamentals
Return on Equity
28.99%
Trailing 12-Months
Asset Growth
-11.29%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Chegg
Chegg, Inc. engages in the operations of learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades, and test scores. The firm offers required and non-required scholastic materials including textbooks in any format; access to online homework help and textbook solutions; course organization and scheduling; college and university matching tools; and scholarship connections. Its services include Chegg study, writing, tutors, and math solver. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.
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Top 5 ETFs holding CHGG
Vanguard Consumer Discretionary ETF
$2.39M
iShares Core S&P Total U.S. Stock Market ETF
$1.17M
Schwab U.S. Broad Market ETF
$621.40K
iShares Russell 3000 ETF
$292.07K
Fidelity MSCI Consumer Discretionary Index ETF
$288.78K
Up to five ETFs with an Outperform Smart Score that hold CHGG. The ETFs are listed according to market value of CHGG within the ETF
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