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Chegg (CHGG)
NYSE:CHGG
Chegg (CHGG) Stock Price & Analysis
2,659 Followers
CHGG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.63 - $18.77
Previous Close$6.9
Volume2.08M
Average Volume (3M)2.73M
Market Cap
$710.35M
Enterprise Value$1.07B
Total Cash (Recent Filing)$261.26M
Total Debt (Recent Filing)$618.83M
Price to Earnings (P/E)-18.7
Beta1.00
Next Earnings
Apr 29, 2024EPS Estimate
$0.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.37
Shares Outstanding102,949,023
10 Day Avg. Volume2,041,365
30 Day Avg. Volume2,727,527
Standard Deviation0.18
R-Squared0.14
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.95
Price to Sales (P/S)0.93
Price to Cash Flow (P/CF)5.30
P/FCF Ratio17.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.46
Enterprise Value/Gross Profit1.88
Enterprise Value/Ebitda9.99
Forecast
1Y Price Target
$9.74Price Target Upside38.55% Upside
Rating ConsensusHold
Number of Analyst Covering12
Chegg News
PremiumCompany Announcements
Esther Lem Retires as Chegg’s CMO After 13 YearsBulls Say, Bears Say
Bulls Say
Financial PerformanceChegg delivered upside to consensus revenue and adj. EBITDA estimates in Q4 continuing Chegg's string of execution versus its in-quarter guidance.
Market ExpansionChegg is expanding its subscriber base through promotional pricing and is seeing an inflection in subscriber growth within international operations.
Product DevelopmentChegg's focus on AI, with the launch of automated answering and proprietary models, is anticipated to enhance user engagement and create a more efficient platform.
Bears Say
Competitive PressuresIncreasing competition from AI-related services is putting pressure on the company's margins and could challenge its market position.
Financial GuidanceCompany issued first quarter guidance with revenue expectations below analyst consensus, signaling potential concerns about future financial performance.
Management ChangesThe company faces a period of transition at the executive level with the announcement of a new CFO, which may introduce uncertainty into its operations.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Chegg
Desktop Users
Mobile Users
CHGG FAQ
What was Chegg’s price range in the past 12 months?
Chegg lowest stock price was $6.63 and its highest was $18.77 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 Apr 29, 2024 which is in 10 days.
How were Chegg’s earnings last quarter?
Chegg released its earnings results on Feb 05, 2024. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.364 by -$0.004.
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 $0.25.
How many shares outstanding does Chegg have?
Chegg has 102,949,020 shares outstanding.
What happened to Chegg’s price movement after its last earnings report?
Chegg reported an EPS of $0.36 in its last earnings report, missing expectations of $0.364. Following the earnings report the stock price went down -6.129%.
Which hedge fund is a major shareholder of Chegg?
Among the largest hedge funds holding Chegg’s share is First Eagle Investment Management LLC. It holds Chegg’s shares valued at 3M.
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Chegg Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$9.74 (38.55% Upside)
$9.74 (38.55% Upside)
Blogger Sentiment
Bullish
CHGG Sentiment 61%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 4.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 5.9%
Last 30 Days ▼ 5.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-61.53%
12-Months-Change
Fundamentals
Return on Equity
1.76%
Trailing 12-Months
Asset Growth
-29.94%
Trailing 12-Months
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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CHGG Company Deck
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CHGG Earnings Call
Q4 2024
0:00 / 0:00
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CHGG Revenue Breakdown
89.42% Subscription Services
10.58% Skills and Other
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CHGG Stock 12 Months Forecast
Average Price Target
$9.74
▲(38.55% Upside)
Technical Analysis
Best Analysts Covering CHGG
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
+16.89%
reiterated a sell rating 2 months ago
Copying Josh Baer's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of +16.89% per trade.
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