Chegg (NYSE:CHGG - Get Free Report) announced its quarterly earnings results on Monday. The technology company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.18), Zacks reports. Chegg had a negative net margin of 124.05% and a positive return on equity of 2.36%. The company had revenue of $121.39 million for the quarter, compared to analysts' expectations of $114.77 million. Chegg updated its Q2 2025 guidance to EPS.
Chegg Trading Down 1.7%
CHGG stock traded down $0.01 on Thursday, hitting $0.82. 4,304,402 shares of the company were exchanged, compared to its average volume of 3,678,485. Chegg has a twelve month low of $0.44 and a twelve month high of $4.67. The business's fifty day moving average is $0.65 and its two-hundred day moving average is $1.33. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $86.23 million, a price-to-earnings ratio of -0.10 and a beta of 1.75.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the company. Needham & Company LLC restated a "hold" rating on shares of Chegg in a report on Monday. Piper Sandler reduced their price objective on shares of Chegg from $1.50 to $1.00 and set an "underweight" rating for the company in a research report on Tuesday, February 25th. JPMorgan Chase & Co. restated an "underweight" rating on shares of Chegg in a research report on Tuesday, April 8th. Finally, StockNews.com assumed coverage on Chegg in a report on Thursday, April 17th. They issued a "hold" rating for the company. Three investment analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $1.70.
Check Out Our Latest Stock Report on Chegg
Chegg Company Profile
(
Get Free Report)
Chegg, Inc operates a direct-to-student learning platform that helps learners build essential life and job skills to accelerate their path from learning programs in the United States and internationally. Its subscription services include Chegg Study, which offers personalized step-by-step learning support from AI, computational engines, and subject matter experts, as well as Tinger Gold and DashPash Student services; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various subscription product offerings, including Chegg Study, Chegg Writing, and Chegg Math services; and Busuu, an online language learning platform that offers comprehensive support through self-paced lessons, live classes with expert tutors, and a community of members to practice alongside.
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