Chegg Company Profile (NYSE:CHGG)

About Chegg (NYSE:CHGG)

Chegg logoChegg, Inc. is a student-first connected learning platform. The Company helps students study for college admission exams, find the colleges, get grades and test scores while in school, and find internships that allow them to gain skills to help them enter the workforce after college. The Company matches domestic and international students with colleges, universities and other academic institutions (collectively referred to as colleges) in the United States. It also offers eTextbooks library for rent and sale. The Company also has live tutors on its connected learning platform available to students online, anytime, anywhere through its Chegg Tutors service. It provides access to internships to help students gain skills that are critical to securing their first job. It offers two product lines: Required Materials and Chegg Services. The Required Materials product line includes the rental and sale of print textbooks and eTextbooks, as well as the commission it receives from Ingram.

Industry, Sector and Symbol:
  • Sector: Industrials
  • Industry: Education & Training Information Providers
  • Sub-Industry: N/A
  • Symbol: NYSE:CHGG
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.54934 billion
  • Outstanding Shares: 96,009,000
Average Prices:
  • 50 Day Moving Avg: $14.56
  • 200 Day Moving Avg: $11.78
  • 52 Week Range: $6.51 - $15.95
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 146.60
  • P/E Growth: 2.46
Sales & Book Value:
  • Annual Revenue: $253.32 million
  • Price / Sales: 5.56
  • Book Value: $2.32 per share
  • Price / Book: 6.32
  • EBIDTA: ($7,450,000.00)
  • Net Margins: -10.70%
  • Return on Equity: -11.08%
  • Return on Assets: -8.80%
  • Current Ratio: 2.17%
  • Quick Ratio: 2.17%
  • Average Volume: 1.26 million shs.
  • Beta: 1.83
  • Short Ratio: 16.37

Frequently Asked Questions for Chegg (NYSE:CHGG)

What is Chegg's stock symbol?

Chegg trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHGG."

How were Chegg's earnings last quarter?

Chegg Inc (NYSE:CHGG) posted its quarterly earnings results on Tuesday, July, 25th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.08. The business earned $56.30 million during the quarter, compared to the consensus estimate of $53.33 million. Chegg had a negative net margin of 10.70% and a negative return on equity of 11.08%. The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $0.05 EPS. View Chegg's Earnings History.

When will Chegg make its next earnings announcement?

Chegg is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Chegg.

Where is Chegg's stock going? Where will Chegg's stock price be in 2017?

9 brokers have issued twelve-month price targets for Chegg's shares. Their forecasts range from $8.00 to $18.00. On average, they anticipate Chegg's share price to reach $14.06 in the next year. View Analyst Ratings for Chegg.

What are analysts saying about Chegg stock?

Here are some recent quotes from research analysts about Chegg stock:

  • 1. According to Zacks Investment Research, "Chegg, Inc. provides a social education platform. The Company rents and sells print textbooks; and provides eTextbooks, supplemental materials, homework help, textbook buyback, courses, and college admissions and scholarship services, as well as offers enrollment marketing and brand advertising services. Chegg, Inc. is headquartered in Santa Clara, California. " (9/25/2017)
  • 2. Jefferies Group LLC analysts commented, "Chegg reported solid Q4 results as the transformation to an all-digital business is now complete. Continued growth in Chegg Services subs (>1.5MM in 2016) and Chegg Study will be the core focus for mgmt moving forward. Investments in digital services (brand, reach, data platform and on-demand services) continue to pay off as scale drives margin improvements. We maintain our Buy rating and $12 PT. 4Q16 Results: GAAP Net Revenue declined 7% Y/Y to $63MM vs. Street at $59MM. ProForma Net Revenue was up 38% Y/Y to $56MM. Adjusted EBITDA of $14MM was in line with the Street while non-GAAP EPS of $0.10 was also in line with Street estimates. The transition to an all-digital business is now complete; Chegg Services will be the focus moving forward. Chegg Services subscribers exceeded a record 1.5MM for the year and is now the center of the flywheel." (2/14/2017)

Who are some of Chegg's key competitors?

Who are Chegg's key executives?

Chegg's management team includes the folowing people:

  • Daniel L. Rosensweig, Chairman of the Board, President, Chief Executive Officer
  • Andrew J. Brown, Chief Financial Officer
  • Esther Lem, Chief Marketing Officer
  • Dave Borders Jr., General Counsel
  • Jenny Brandemeuhl, Chief People Officer
  • Charles F. Geiger, Chief Product Officer
  • Michael Osier, Chief Outcomes Officer
  • Nathan J. Schultz, Chief Learning Officer
  • Renee Budig, Independent Director
  • Jeffrey T. Housenbold, Independent Director

Who owns Chegg stock?

Chegg's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Sylebra HK Co Ltd (6.98%), Gilder Gagnon Howe & Co. LLC (4.71%), TimesSquare Capital Management LLC (3.85%), Vanguard Group Inc. (3.37%), Fred Alger Management Inc. (2.63%) and Emerald Advisers Inc. PA (2.66%). Company insiders that own Chegg stock include Andrew J Brown, Charles Geiger, Daniel Rosensweig, Nathan J Schultz and Ted Schlein. View Institutional Ownership Trends for Chegg.

Who sold Chegg stock? Who is selling Chegg stock?

Chegg's stock was sold by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Hood River Capital Management LLC, Elk Creek Partners LLC, Unterberg Capital LLC, American Century Companies Inc., S Squared Technology LLC, P.A.W. Capital Corp and Arrowstreet Capital Limited Partnership. Company insiders that have sold Chegg stock in the last year include Andrew J Brown, Charles Geiger and Nathan J Schultz. View Insider Buying and Selling for Chegg.

Who bought Chegg stock? Who is buying Chegg stock?

Chegg's stock was bought by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Fred Alger Management Inc., Russell Investments Group Ltd., Lord Abbett & CO. LLC, Westfield Capital Management Co. LP, Penn Capital Management Co. Inc., Acadian Asset Management LLC and Castleark Management LLC. Company insiders that have bought Chegg stock in the last two years include Andrew J Brown, Daniel Rosensweig and Ted Schlein. View Insider Buying and Selling for Chegg.

How do I buy Chegg stock?

Shares of Chegg can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Chegg's stock price today?

One share of Chegg stock can currently be purchased for approximately $14.66.

MarketBeat Community Rating for Chegg (NYSE CHGG)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  118 (Vote Underperform)
Total Votes:  346
MarketBeat's community ratings are surveys of what our community members think about Chegg and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Chegg (NYSE:CHGG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $14.06 (4.12% downside)

Analysts' Ratings History for Chegg (NYSE:CHGG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/7/2017Jefferies Group LLCReiterated RatingBuy$17.00LowView Rating Details
8/29/2017Northland SecuritiesReiterated RatingBuy$16.00LowView Rating Details
7/26/2017BMO Capital MarketsReiterated RatingOutperform$16.00 -> $18.00HighView Rating Details
7/26/2017J P Morgan Chase & CoReiterated RatingOverweight$12.00 -> $15.00HighView Rating Details
7/26/2017Lake Street CapitalDowngradeBuy -> Hold$12.00 -> $14.00HighView Rating Details
6/23/2017Barrington ResearchReiterated RatingOutperformMediumView Rating Details
5/22/2017First AnalysisBoost Price TargetOverweight -> Overweight$12.00 -> $14.00HighView Rating Details
5/2/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$12.00HighView Rating Details
4/4/2017Craig HallumUpgradeHold -> BuyHighView Rating Details
8/2/2016Piper Jaffray CompaniesBoost Price TargetOverweight$6.00 -> $7.00N/AView Rating Details
(Data available from 9/26/2015 forward)


Earnings History for Chegg (NYSE:CHGG)
Earnings by Quarter for Chegg (NYSE:CHGG)
Earnings History by Quarter for Chegg (NYSE CHGG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017($0.01)N/AView Earnings Details
7/25/2017Q2 2017$0.04($0.04)$53.33 million$56.30 millionViewN/AView Earnings Details
5/4/2017Q1 2017$0.03$0.06$58.46 million$62.60 millionViewListenView Earnings Details
2/13/2017Q416$0.11$0.10$58.68 million$56.40 millionViewN/AView Earnings Details
11/7/2016Q316($0.04)($0.03)$67.89 million$71.30 millionViewListenView Earnings Details
8/1/2016Q216$0.03$0.05$67.10 million$53.00 millionViewN/AView Earnings Details
5/2/2016Q116($0.04)($0.03)$62.86 million$66.70 millionViewN/AView Earnings Details
2/22/2016Q415$0.12$0.14$72.14 million$68.20 millionViewListenView Earnings Details
11/2/2015Q315($0.15)($0.12)$78.28 million$81.30 millionViewN/AView Earnings Details
8/3/2015Q215($0.16)($0.08)$64.18 million$67.06 millionViewN/AView Earnings Details
5/6/2015Q115($0.07)($0.25)$78.20 million$84.90 millionViewN/AView Earnings Details
2/23/2015Q414$0.15$0.19$85.24 million$84.42 millionViewN/AView Earnings Details
11/3/2014Q314($0.27)($0.22)$78.27 million$81.50 millionViewN/AView Earnings Details
5/1/2014Q114($0.30)($0.22)$70.82 million$74.40 millionViewN/AView Earnings Details
2/11/2014Q413($0.35)$0.40$68.28 million$77.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Chegg (NYSE:CHGG)
Current Year EPS Consensus Estimate: $-0.12 EPS
Next Year EPS Consensus Estimate: $0.1 EPS


Dividend History for Chegg (NYSE:CHGG)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Chegg (NYSE:CHGG)
Insider Ownership Percentage: 20.40%
Institutional Ownership Percentage: 84.80%
Insider Trades by Quarter for Chegg (NYSE:CHGG)
Institutional Ownership by Quarter for Chegg (NYSE:CHGG)
Insider Trades by Quarter for Chegg (NYSE:CHGG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2017Charles GeigerInsiderSell50,000$14.53$726,500.00View SEC Filing  
9/1/2017Charles GeigerInsiderSell70,300$13.84$972,952.00View SEC Filing  
8/15/2017Charles GeigerInsiderSell50,000$15.28$764,000.00View SEC Filing  
8/1/2017Charles GeigerInsiderSell81,968$13.55$1,110,666.40View SEC Filing  
7/18/2017Andrew J BrownInsiderSell100,000$14.00$1,400,000.00View SEC Filing  
7/17/2017Charles GeigerInsiderSell50,000$13.73$686,500.00View SEC Filing  
7/3/2017Charles GeigerInsiderSell50,000$12.13$606,500.00View SEC Filing  
6/15/2017Charles GeigerInsiderSell25,000$11.66$291,500.00View SEC Filing  
6/8/2017Andrew J BrownInsiderSell100,000$13.00$1,300,000.00View SEC Filing  
6/1/2017Andrew J BrownInsiderSell100,000$12.50$1,250,000.00View SEC Filing  
5/22/2017Nathan J. SchultzInsiderSell15,276$12.00$183,312.00View SEC Filing  
5/2/2017Nathan J SchultzInsiderSell76,380$10.73$819,557.40View SEC Filing  
5/1/2017Nathan J SchultzInsiderSell45,828$9.10$417,034.80View SEC Filing  
4/4/2017Nathan J SchultzInsiderSell15,279$8.55$130,635.45View SEC Filing  
8/11/2016Charles GeigerInsiderSell25,000$6.75$168,750.00View SEC Filing  
8/5/2016Charles GeigerInsiderSell45,000$6.52$293,400.00View SEC Filing  
8/2/2016Charles GeigerInsiderSell74,334$6.06$450,464.04View SEC Filing  
2/25/2016Andrew J BrownCFOBuy30,000$4.16$124,800.00View SEC Filing  
2/25/2016Daniel RosensweigCEOBuy48,842$4.09$199,763.78View SEC Filing  
2/25/2016Ted SchleinDirectorBuy25,000$4.03$100,750.00View SEC Filing  
3/9/2015Ltd AceMajor ShareholderSell3,000,000$8.00$24,000,000.00View SEC Filing  
2/24/2015Nathan J SchultzInsiderSell31,919$8.50$271,311.50View SEC Filing  
1/14/2015Nathan J SchultzInsiderSell143$7.00$1,001.00View SEC Filing  
6/25/2014Nathan J SchultzInsiderSell31,776$8.00$254,208.00View SEC Filing  
6/18/2014Nathan J SchultzInsiderSell31,776$7.00$222,432.00View SEC Filing  
6/10/2014Nathan J SchultzInsiderSell54,731$6.96$380,927.76View SEC Filing  
6/9/2014John E YorkDirectorBuy2,000$6.74$13,480.00View SEC Filing  
6/9/2014Nathan J SchultzInsiderSell64,350$6.36$409,266.00View SEC Filing  
3/11/2014Barry MccarthyDirectorBuy30,000$6.38$191,400.00View SEC Filing  
2/20/2014Daniel RosensweigCEOBuy15,504$6.57$101,861.28View SEC Filing  
11/26/2013Barry MccarthyDirectorBuy10,000$8.29$82,900.00View SEC Filing  
11/22/2013Robert C ChesnutSVPBuy13,000$7.61$98,930.00View SEC Filing  
11/20/2013Barry MccarthyDirectorBuy11,800$8.50$100,300.00View SEC Filing  
11/18/2013Daniel RosensweigCEOBuy1,000$12.50$12,500.00View SEC Filing  
11/15/2013Ted SchleinDirectorBuy20,000$9.14$182,800.00View SEC Filing  
11/14/2013Daniel RosensweigCEOBuy5,000$9.51$47,550.00View SEC Filing  
11/13/2013Barry MccarthyDirectorBuy30,000$10.02$300,600.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Chegg (NYSE:CHGG)
Latest Headlines for Chegg (NYSE:CHGG)
DateHeadline logoZacks Investment Research Lowers Chegg, Inc. (CHGG) to Hold - September 25 at 9:52 PM logo Analysts Anticipate Chegg, Inc. (CHGG) Will Post Quarterly Sales of $57.58 Million - September 24 at 3:44 AM logoShould Investors Be Concerned Over Chegg Inc.'s Valuation? - Motley Fool - September 23 at 10:04 PM logoChegg Inc. Finds Its Niche - September 23 at 5:02 PM logoChegg Inc. Finds Its Niche - Motley Fool - September 22 at 9:11 PM logoChegg, Inc. (CHGG) Insider Charles Geiger Sells 50,000 Shares - September 18 at 10:26 PM logoChegg, Inc. (CHGG) Receives Average Rating of "Buy" from Analysts - September 16 at 6:46 PM logoAffirm: The San Francisco Startup Using Fintech To Simplify Lending - September 7 at 10:19 PM logoChegg, Inc. (CHGG) Given "Buy" Rating at Jefferies Group LLC - September 7 at 6:30 PM logoChegg, Inc. (CHGG) Insider Sells $972,952.00 in Stock - September 6 at 7:58 PM logoChegg, Inc. breached its 50 day moving average in a Bearish Manner : CHGG-US : September 5, 2017 - September 5 at 6:44 PM logo$57.58 Million in Sales Expected for Chegg, Inc. (CHGG) This Quarter - September 5 at 5:24 AM logoChegg, Inc. (CHGG) Earns Buy Rating from Northland Securities - August 30 at 2:28 PM logoChegg, Kaplan Test Prep Team Up to Offer Test Prep Services - August 29 at 5:33 PM logoKaplan Test Prep and Chegg Partner to Bring Affordable Prep Options to Millions of Aspiring College and Grad School Students - August 28 at 5:04 PM logoChegg, Inc. (CHGG) Lowered to Hold at BidaskClub - August 26 at 6:40 PM logoTime to Focus on Chegg (CHGG) for Strong Earnings Growth Potential - Nasdaq - August 23 at 10:43 PM logoTime to Focus on Chegg (CHGG) for Strong Earnings Growth Potential - August 23 at 5:41 PM logoChegg, Inc. (CHGG) Receives Average Rating of "Buy" from Brokerages - August 22 at 9:06 PM logo Brokerages Anticipate Chegg, Inc. (CHGG) Will Announce Quarterly Sales of $57.58 Million - August 18 at 1:12 PM logoCharles Geiger Sells 50,000 Shares of Chegg, Inc. (CHGG) Stock - August 17 at 10:26 PM logo Analysts Anticipate Chegg, Inc. (CHGG) Will Post Earnings of -$0.09 Per Share - August 16 at 6:30 AM logoETFs with exposure to Chegg, Inc. : August 15, 2017 - August 15 at 5:53 PM logoEdited Transcript of CHGG earnings conference call or presentation 25-Jul-17 8:30pm GMT - August 12 at 4:44 PM logoChegg Announces the Closing of its Follow-on Public Offering and Full Exercise of the Underwriters' Option to Purchase Additional Shares - August 8 at 4:53 PM logoj2 Global (JCOM) Q2 Earnings and Revenues Lag Estimates - August 7 at 5:38 PM logoChegg (CHGG) Prices 10M Share Follow-On Offering at $13.50/Sh - August 3 at 6:43 PM logoWhy Chegg Shares Jumped Today - August 3 at 6:43 PM logoI Love The Chegg Story - Not So Sure On Valuation - Chegg, Inc ... - Seeking Alpha - August 2 at 10:56 PM logoChegg Announces Pricing of Follow-on Offering - August 2 at 10:56 PM logoChegg, Inc. (NYSE:CHGG) Insider Charles Geiger Sells 81,968 Shares - August 2 at 10:28 PM logoChegg (CHGG) Commences 8M Common Stock Offering - - August 1 at 10:55 PM logoChegg, Inc. :CHGG-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017 - August 1 at 5:52 PM logoChegg (CHGG) Commences 8M Common Stock Offering - July 31 at 10:09 PM logoChegg Announces Proposed Follow-on Offering - July 31 at 10:09 PM logoChegg, Inc. (CHGG) Raised to Buy at Zacks Investment Research - July 28 at 10:27 PM logoChegg, Inc. (CHGG) Receives Consensus Rating of "Buy" from Brokerages - July 28 at 9:09 PM logoChegg: Can The Run Continue? - Seeking Alpha - July 28 at 6:50 PM logoChegg (CHGG) Reports Narrower-than-Estimated Loss in Q2 - Nasdaq - July 27 at 4:39 PM logoChegg (CHGG) Reports Narrower-than-Estimated Loss in Q2 - July 27 at 4:38 PM logoChegg, Inc. (CHGG) Given New $18.00 Price Target at BMO Capital Markets - July 26 at 6:51 PM logoChegg shares sink after second-quarter loss - MarketWatch - July 26 at 5:42 PM logoChegg, Inc. (NYSE:CHGG) Stock Rating Reaffirmed by J P Morgan Chase & Co - July 26 at 12:41 PM logoChegg's (CHGG) CEO Daniel Rosensweig on Q2 2017 Results - Earnings Call Transcript - July 26 at 3:13 AM logoChegg shares sink after second-quarter loss - July 25 at 10:13 PM logoChegg reports 2Q loss - July 25 at 10:13 PM logoChegg, Inc. (NYSE:CHGG) Issues Earnings Results - July 25 at 9:04 PM logoThe Zacks Analyst Blog Highlights: Akamai, Chegg and Shutterfly - July 25 at 5:10 PM logoInvestor Network: Chegg, Inc. to Host Earnings Call - July 25 at 5:09 PM logoChegg Reports Q2 2017 Financial Results and Raises Full Year Guidance - July 25 at 5:09 PM



Chegg (CHGG) Chart for Tuesday, September, 26, 2017

This page was last updated on 9/26/2017 by Staff