Lowest-Rated StocksLowest-RatedNYSE:CHGG Chegg (CHGG) Stock Price, News & Analysis → Central Bank Gold Heist In Progress (From Colonial Metals) (Ad) Free CHGG Stock Alerts $7.82 -0.15 (-1.88%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$7.74▼$7.9450-Day Range$7.82▼$11.1052-Week Range$7.32▼$18.77Volume2.48 million shsAverage Volume2.97 million shsMarket Capitalization$805.07 millionP/E RatioN/ADividend YieldN/APrice Target$10.22 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Chegg alerts: Email Address Chegg MarketRank™ Stock AnalysisAnalyst RatingReduce1.70 Rating ScoreUpside/Downside30.7% Upside$10.22 Price TargetShort InterestHealthy14.99% of Float Sold ShortDividend StrengthN/ASustainability-0.54Upright™ Environmental ScoreNews Sentiment0.70Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth33.33%From $0.24 to $0.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.87 out of 5 starsComputer And Technology Sector20th out of 602 stocksEducational Services Industry1st out of 21 stocks 3.9 Analyst's Opinion Consensus RatingChegg has received a consensus rating of Reduce. The company's average rating score is 1.70, and is based on 1 buy rating, 5 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.22, Chegg has a forecasted upside of 30.7% from its current price of $7.82.Amount of Analyst CoverageChegg has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted14.99% of the float of Chegg has been sold short.Short Interest Ratio / Days to CoverChegg has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Chegg has recently decreased by 13.83%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldChegg does not currently pay a dividend.Dividend GrowthChegg does not have a long track record of dividend growth. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChegg has received a 68.14% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "MOOC platforms", "E-learning platforms for higher education", and "Private tutoring services" products. See details.Environmental SustainabilityThe Environmental Impact score for Chegg is -0.54. Previous Next 3.2 News and Social Media Coverage News SentimentChegg has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Chegg this week, compared to 6 articles on an average week.Search InterestOnly 8 people have searched for CHGG on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.MarketBeat Follows10 people have added Chegg to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chegg insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.60% of the stock of Chegg is held by insiders.Percentage Held by Institutions97.15% of the stock of Chegg is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Chegg are expected to grow by 33.33% in the coming year, from $0.24 to $0.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chegg is -48.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Chegg is -48.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioChegg has a PEG Ratio of 1.62. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChegg has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm Press8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: Click to get the name of the cryptocurrency About Chegg Stock (NYSE:CHGG)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. The company also provides a skills-based learning platform to learn technical skills comprising AI, coding, data analytics, and cybersecurity, as well as competencies consisting of emotional intelligence, mindset, emerging leadership, and decision making. In addition, it rents and sells print textbooks and eTextbooks; and offers advertising services. The company serves students and companies through direct marketing channels and social media. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.Read More CHGG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHGG Stock News HeadlinesMarch 19, 2024 | americanbankingnews.comChegg, Inc. (NYSE:CHGG) Receives Consensus Recommendation of "Reduce" from AnalystsMarch 16, 2024 | ca.finance.yahoo.comCHGG Apr 2024 14.000 putMarch 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:March 16, 2024 | ca.finance.yahoo.comCHGG Jul 2024 6.000 putMarch 16, 2024 | finance.yahoo.comCHGG Apr 2024 14.000 callMarch 14, 2024 | businesswire.comChegg Reports New Hire Equity Grant Under NYSE Rule 303A.08March 11, 2024 | markets.businessinsider.comThe Analyst Landscape: 7 Takes On CheggMarch 6, 2024 | finance.yahoo.com30 Most Educated Cities In The WorldMarch 19, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. 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And that's why they received a $50 million investment from an AI powerhouse.March 4, 2024 | investorplace.comThe 3 Most Undervalued Education Stocks to Buy NowFebruary 22, 2024 | finance.yahoo.com15 Easiest English-Speaking Countries to Immigrate to from USFebruary 19, 2024 | finance.yahoo.com20 Most Expensive Boarding Schools in the WorldFebruary 17, 2024 | finance.yahoo.comCHGG Mar 2024 5.000 putFebruary 17, 2024 | finance.yahoo.comCHGG Mar 2024 10.000 callFebruary 16, 2024 | finance.yahoo.comCHGG Mar 2024 8.000 callFebruary 15, 2024 | stocknews.com3 Solid Internet Buys to Secure Your PortfolioFebruary 15, 2024 | investorplace.com3 AI Stocks that Could be the Next PalantirFebruary 13, 2024 | finance.yahoo.comChegg Announces 2nd Annual Global Student Mental Health Week Amid Growing Loneliness EpidemicFebruary 12, 2024 | finance.yahoo.com25 Most Spoken Native Languages in the WorldFebruary 7, 2024 | markets.businessinsider.comKeyBanc Keeps Their Hold Rating on Chegg (CHGG)February 7, 2024 | finance.yahoo.comInstitutional investors may adopt severe steps after Chegg, Inc.'s (NYSE:CHGG) latest 11% drop adds to a year lossesFebruary 6, 2024 | seekingalpha.comThe Steep Learning Curve Chegg Is Trying To ClimbFebruary 6, 2024 | finance.yahoo.comWhy Chegg (CHGG) Stock Is Down TodayFebruary 6, 2024 | au.investing.comChegg tumbles on disappointing guidance and 'sustained revenue headwinds'February 6, 2024 | msn.comPremarket movers: Eli Lilly, NXP rises; Chegg dipsFebruary 6, 2024 | finance.yahoo.comChegg, Inc. (NYSE:CHGG) Q4 2023 Earnings Call TranscriptFebruary 6, 2024 | finance.yahoo.comThese Stocks Are Moving the Most Today: Palantir, Eli Lilly, Spotify, Coherent, GE Healthcare, FMC, Symbotic, and MoreSee More Headlines Receive CHGG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chegg and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/05/2024Today3/19/2024Next Earnings (Estimated)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Educational services Sub-IndustryN/A Current SymbolNYSE:CHGG CUSIPN/A CIK1364954 Webwww.chegg.com Phone(408) 855-5700FaxN/AEmployees1,979Year Founded2005Price Target and Rating Average Stock Price Target$10.22 High Stock Price Target$18.00 Low Stock Price Target$7.00 Potential Upside/Downside+30.7%Consensus RatingReduce Rating Score (0-4)1.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($0.16) Trailing P/E RatioN/A Forward P/E Ratio32.58 P/E Growth1.62Net Income$18.18 million Net Margins2.54% Pretax Margin7.02% Return on Equity1.27% Return on Assets0.65% Debt Debt-to-Equity Ratio0.26 Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$716.29 million Price / Sales1.12 Cash Flow$1.35 per share Price / Cash Flow5.80 Book Value$8.16 per share Price / Book0.96Miscellaneous Outstanding Shares102,950,000Free Float100,272,000Market Cap$805.07 million OptionableOptionable Beta1.28 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Daniel Lee Rosensweig (Age 62)Co-Chairman, CEO & President Comp: $1.09MMr. Nathan Schultz (Age 47)Chief Operating Officer Comp: $834.08kMs. Esther Lem (Age 68)Chief Marketing Officer Comp: $603.45kMr. David Longo (Age 56)CFO, Principal Financial Officer, Treasurer, Controller & Chief Accounting Officer Ms. Tracey FordVice President of Investor RelationsMr. Woodie Dixon Jr.General Counsel & Corporate SecretaryMs. Heather Hatlo PorterChief Communications OfficerMs. Debra ThompsonChief People OfficerMr. Mitch SpolanExecutive Vice President of Marketing ServicesMs. Lauren GlotzerChief Strategy OfficerMore ExecutivesKey CompetitorsUdemyNASDAQ:UDMYWeave CommunicationsNYSE:WEAVQuinStreetNASDAQ:QNSTYalla GroupNYSE:YALAHealthStreamNASDAQ:HSTMView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 809,530 shares on 3/11/2024Ownership: 11.297%Wellington Management Group LLPSold 80,660 shares on 3/5/2024Ownership: 0.012%American International Group Inc.Sold 2,353 shares on 2/28/2024Ownership: 0.055%Teachers Retirement System of The State of KentuckySold 115,256 shares on 2/26/2024Ownership: 0.064%Price T Rowe Associates Inc. MDBought 5,056 shares on 2/16/2024Ownership: 0.058%View All Insider TransactionsView All Institutional Transactions CHGG Stock Analysis - Frequently Asked Questions Should I buy or sell Chegg stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last twelve months. There are currently 4 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CHGG shares. View CHGG analyst ratings or view top-rated stocks. What is Chegg's stock price target for 2024? 10 Wall Street analysts have issued 12-month price targets for Chegg's shares. Their CHGG share price targets range from $7.00 to $18.00. On average, they anticipate the company's share price to reach $10.22 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View analysts price targets for CHGG or view top-rated stocks among Wall Street analysts. How have CHGG shares performed in 2024? Chegg's stock was trading at $11.36 at the beginning of 2024. Since then, CHGG stock has decreased by 31.2% and is now trading at $7.82. View the best growth stocks for 2024 here. Are investors shorting Chegg? Chegg saw a decline in short interest in February. As of February 29th, there was short interest totaling 14,890,000 shares, a decline of 13.8% from the February 14th total of 17,280,000 shares. Based on an average daily volume of 2,820,000 shares, the short-interest ratio is currently 5.3 days. Approximately 15.0% of the company's stock are short sold. View Chegg's Short Interest. When is Chegg's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our CHGG earnings forecast. How were Chegg's earnings last quarter? Chegg, Inc. (NYSE:CHGG) announced its quarterly earnings data on Monday, February, 5th. The technology company reported $0.36 EPS for the quarter, hitting the consensus estimate of $0.36. The technology company had revenue of $187.99 million for the quarter, compared to analysts' expectations of $185.94 million. Chegg had a net margin of 2.54% and a trailing twelve-month return on equity of 1.27%. The firm's revenue was down 8.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.16 EPS. What ETFs hold Chegg's stock? ETFs with the largest weight of Chegg (NYSE:CHGG) stock in their portfolio include Amplify Online Retail ETF (IBUY), Global X Education ETF (EDUT), Harbor Corporate Culture Small Cap ETF (HAPS), iShares Virtual Work and Life Multisector ETF (IWFH) and First Trust Small Cap Value AlphaDEX Fund (FYT).First Trust Small Cap Core AlphaDEX Fund (FYX). What guidance has Chegg issued on next quarter's earnings? Chegg updated its first quarter 2024 earnings guidance on Monday, February, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $173.0 million-$175.0 million, compared to the consensus revenue estimate of $180.3 million. What is Dan Rosensweig's approval rating as Chegg's CEO? 382 employees have rated Chegg Chief Executive Officer Dan Rosensweig on Glassdoor.com. Dan Rosensweig has an approval rating of 91% among the company's employees. This puts Dan Rosensweig in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Chegg own? Based on aggregate information from My MarketBeat watchlists, some companies that other Chegg investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Block (SQ), Tesla (TSLA), DocuSign (DOCU), Salesforce (CRM), PayPal (PYPL), Zoom Video Communications (ZM), Netflix (NFLX) and Teladoc Health (TDOC). Who are Chegg's major shareholders? Chegg's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.04%), Vanguard Group Inc. (11.30%), Sylebra Capital LLC (8.13%), Baillie Gifford & Co. (4.04%), Dimensional Fund Advisors LP (2.29%) and Voloridge Investment Management LLC (1.48%). Insiders that own company stock include Andrew J Brown, Daniel Rosensweig, Esther Lem, John Paul Fillmore, Nathan J Schultz, Paul Leblanc and Ted Schlein. View institutional ownership trends. How do I buy shares of Chegg? Shares of CHGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Chegg have any subsidiaries? The following companies are subsidiares of Chegg: Campus Special, Chegg India Private Limited, Chegg M.E. Ltd, Cramster Holding Corp, Cramster Inc, Good Ascent Corporation Limited, Imagine Easy Solutions, Imagine Easy Technology Solutions GmbH, InstaEDU, Internships.com, MATH 42, Mathway, RefME, StudyBlue, Thinkful, Thinkful Inc, Thinkful SPV LLC, and WriteLab.Read More This page (NYSE:CHGG) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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