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Chegg (CHGG)
NYSE:CHGG
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CHGG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.34 - $10.80
Previous CloseN/A
Volume945.69K
Average Volume (3M)3.40M
Market Cap
$160.63M
Enterprise Value$447.19M
Total Cash (Recent Filing)$77.33M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta0.95
Next Earnings
Feb 10, 2025EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-8.19
Shares Outstanding104,307,330
10 Day Avg. Volume2,789,464
30 Day Avg. Volume3,401,559
Standard Deviation0.19
R-Squared0.14
Alpha-0.05
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.24
Price to Cash Flow (P/CF)1.00
P/FCF Ratio1.70
Enterprise Value/Market Cap2.78
Enterprise Value/Revenue0.71
Enterprise Value/Gross Profit0.91
Enterprise Value/Ebitda-0.76
Forecast
1Y Price Target
$2.08Price Target Upside35.06% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering9
Chegg News
Bulls Say, Bears Say
Bulls Say
International ExpansionProgress on international localization efforts could expand Chegg's market reach and customer base.
Marketing StrategyChegg's diversifying marketing strategy in an evolving environment suggests adaptability and potential for growth.
Product InnovationInvestment in product innovation aims to help Chegg better compete with GenAI offerings, indicating a focus on staying competitive.
Bears Say
Competitive PressuresCompetitive pressures worsened during the quarter with Google AI overviews stealing student traffic.
Subscriber And Revenue TrendsDeteriorating trends in reported subscriber growth and revenue, with Q4 guidance below consensus, point to further degradation.
Web Traffic DeclineOngoing web traffic declines, which only accelerated, led to revenue and adjusted EBITDA guidance that came in well below consensus estimates.
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Ownership Overview
4.48% Insiders
13.55% Mutual Funds
0.33% Other Institutional Investors
67.74% Public Companies and Individual Investors
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 $1.34 and its highest was $10.80 in the past 12 months.
What is Chegg’s market cap?
Chegg’s market cap is $160.63M.
When is Chegg’s upcoming earnings report date?
Chegg’s upcoming earnings report date is Feb 10, 2025 which is in 23 days.
How were Chegg’s earnings last quarter?
Chegg released its earnings results on Nov 12, 2024. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.075 by $0.015.
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 0.18.
How many shares outstanding does Chegg have?
Chegg has 104,307,330 shares outstanding.
What happened to Chegg’s price movement after its last earnings report?
Chegg reported an EPS of $0.09 in its last earnings report, beating expectations of $0.075. Following the earnings report the stock price went down -10.734%.
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 1M.
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Chegg Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$2.08 (35.06% Upside)
$2.08 (35.06% Upside)
Blogger Sentiment
Bullish
CHGG Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 636.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-85.83%
12-Months-Change
Fundamentals
Return on Equity
-134.82%
Trailing 12-Months
Asset Growth
-44.44%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging quarter for Chegg with notable achievements in engagement and strategic restructuring but significant setbacks due to competitive pressures from AI technologies and declining financial metrics. The company's proactive measures to address these challenges show promise, yet the overall tone remains cautious.Read More>---
CHGG Revenue Breakdown
86.05% U.S.
13.95% International
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CHGG Stock 12 Month Forecast
Average Price Target
$2.08
▲(35.06% Upside)
Technical Analysis
Best Analysts Covering CHGG
1 Year
1 Year Success Rate
10/18 ratings generated profit
1 Year Average Return
+19.38%
downgraded a sell rating 4 days ago
Copying Josh Baer's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +19.38% per trade.
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