NYSE:CHGGChegg Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Chegg Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $35.13 +0.20 (+0.57 %) (As of 04/8/2020 07:54 AM ET) Add Compare Share Today's Range$34.91Now: $35.13▼$36.9650-Day Range$27.71MA: $36.44▼$40.9752-Week Range$25.89Now: $35.13▼$48.22Volume1.65 million shsAverage Volume1.94 million shsMarket Capitalization$4.28 billionP/E RatioN/ADividend YieldN/ABeta0.88 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Chegg, Inc. operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them pass their test, pass their class, and save money on required materials. The company offers Chegg Services, which include digital products and services; and required materials that comprise its print textbooks and eTextbooks. Its digital products and services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that enables automatically generate sources in the required formats, when students need to cite their sources in written work; Chegg Tutors that allow students find human help on its learning platform through a network of live tutors; and Chegg Math solver, which helps students to get math help through self-guided and individualized math solutions The company also offers Other Services, such as Test Prep, internships, college admission and scholarship services; rents and sells print textbooks and eTextbooks; and offers supplemental materials and textbook buyback services. Chegg, Inc. was founded in 2003 and is headquartered in Santa Clara, California.Read More Beat the Market (BTM) Rank™ 4.5 Analyst's Opinion Consensus RatingChegg has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.82, Chegg has a potential upside of 27.6% from its current price of $35.13.Amount of Analyst CoverageChegg has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesChegg has received 713 “outperform” votes. (Add your “outperform” vote.)Underperform VotesChegg has received 543 “underperform” votes. (Add your “underperform” vote.)Community SentimentChegg has received 56.77% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Chegg and other stocks. Vote “Outperform” if you believe CHGG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CHGG will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chegg insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,535,089.00 in company stock.Percentage Held by InsidersOnly 5.80% of the stock of Chegg is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Chegg are expected to grow by 54.35% in the coming year, from $0.46 to $0.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chegg is -351.26, 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 -351.26, 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 2.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChegg has a P/B Ratio of 8.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.84 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Educational services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:CHGG Previous Symbol CUSIPN/A CIK1364954 Webhttp://www.chegg.com/ Phone408-855-5700Debt Debt-to-Equity Ratio1.80 Current Ratio11.31 Quick Ratio11.31Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio76.37 P/E Growth2.5 Sales & Book Value Annual Sales$410.93 million Price / Sales10.42 Cash Flow$1.07 per share Price / Cash Flow32.74 Book Value$4.12 per share Price / Book8.53Profitability EPS (Most Recent Fiscal Year)$0.41 Net Income$-9,600,000.00 Net Margins-2.34% Return on Equity11.24% Return on Assets3.67%Miscellaneous Employees1,401 Outstanding Shares121,890,000Market Cap$4.28 billion Next Earnings Date5/4/2020 (Estimated) OptionableOptionable Receive CHGG News and Ratings via Email Sign-up to receive the latest news and ratings for CHGG and its competitors with MarketBeat's FREE daily newsletter. CHGG Rates by TradingView Chegg (NYSE:CHGG) Frequently Asked Questions How has Chegg's stock been impacted by COVID-19 (Coronavirus)? Chegg's stock was trading at $36.74 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CHGG stock has decreased by 4.4% and is now trading at $35.13. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Chegg? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last year. There are currently 1 hold rating, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Chegg. When is Chegg's next earnings date? Chegg is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Chegg. How were Chegg's earnings last quarter? Chegg Inc (NYSE:CHGG) announced its quarterly earnings results on Monday, February, 10th. The technology company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.06. The technology company had revenue of $125.50 million for the quarter, compared to the consensus estimate of $123.05 million. Chegg had a negative net margin of 2.34% and a positive return on equity of 11.24%. Chegg's revenue for the quarter was up 31.1% on a year-over-year basis. During the same period last year, the business earned $0.25 earnings per share. View Chegg's earnings history. What guidance has Chegg issued on next quarter's earnings? Chegg updated its FY 2020 After-Hours earnings guidance on Monday, February, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $522-527 million, compared to the consensus revenue estimate of $520.25 million. What price target have analysts set for CHGG? 12 Wall Street analysts have issued 12 month target prices for Chegg's stock. Their forecasts range from $39.00 to $55.00. On average, they expect Chegg's share price to reach $44.82 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View analysts' price targets for Chegg. Has Chegg been receiving favorable news coverage? Media stories about CHGG stock have trended very negative on Wednesday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Chegg earned a news impact score of -3.3 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutChegg. Are investors shorting Chegg? Chegg saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 18,255,900 shares, an increase of 7.1% from the February 27th total of 17,040,000 shares. Based on an average daily volume of 1,410,000 shares, the days-to-cover ratio is currently 12.9 days. Approximately 15.3% of the shares of the company are short sold. View Chegg's Current Options Chain. Who are some of Chegg's key competitors? Some companies that are related to Chegg include GSX Techedu (GSX), Grand Canyon Education (LOPE), Strategic Education (STRA), Youdao (DAO), Laureate Education (LAUR), Graham (GHC), Afya (AFYA), Hailiang Education Group (HLG), Adtalem Global Education (ATGE), K12 (LRN), Arco Platform (ARCE), Bright Scholar Education Holdngs (BEDU), OneSmart International Edun Gr (ONE), Perdoceo Education (PRDO) and China Online Education Group (COE). 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), Square (SQ), Alibaba Group (BABA), Twilio (TWLO), salesforce.com (CRM), Netflix (NFLX), Advanced Micro Devices (AMD), Splunk (SPLK), Veeva Systems (VEEV) and Adobe (ADBE). Who are Chegg's key executives? Chegg's management team includes the following people: Mr. Daniel Lee Rosensweig, Co-Chairman, CEO & Pres (Age 57)Mr. Andrew J. Brown, Chief Financial Officer (Age 59)Mr. Michael Osier, Chief Information Officer & Chief Outcomes Officer (Age 56)Ms. Esther Lem, Chief Marketing Officer (Age 63)Ms. Jenny Brandemuehl, Chief People Officer (Age 55) What is Chegg's stock symbol? Chegg trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHGG." How do I buy shares of Chegg? Shares of CHGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Chegg's stock price today? One share of CHGG stock can currently be purchased for approximately $35.13. How big of a company is Chegg? Chegg has a market capitalization of $4.28 billion and generates $410.93 million in revenue each year. The technology company earns $-9,600,000.00 in net income (profit) each year or $0.41 on an earnings per share basis. Chegg employs 1,401 workers across the globe. View additional information about Chegg. What is Chegg's official website? The official website for Chegg is http://www.chegg.com/. How can I contact Chegg? Chegg's mailing address is 3990 FREEDOM CIRCLE, SANTA CLARA CA, 95054. The technology company can be reached via phone at 408-855-5700 or via email at [email protected] This page was last updated on 4/8/2020 by MarketBeat.com StaffFeatured Article: How can investors invest in the S&P/TSX Index?
