Where can I buy Chegg stock?
Shares of CHGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Chegg's stock price today?
How has Chegg’s stock per share changed over the last 2 years?
Some of the stock price rise of the last 2 years is justified by the roughly 61% growth seen in Chegg’s revenues from $255 million in 2017 to $411 million in 2019, the effect of which was partially mitigated by a 19% increase in shares outstanding. Taken together, this helped revenue per share surge by 35% from $2.55 in 2017 to $3.45 in 2019.
Is Chegg worth $4 billion?
Chegg CEO says there are fewer college students who aren’t trying as hard; Wall Street says Chegg is worth $4 billion less Nov. 2, 2021 at 1:49 p.m. ETby Jeremy C. Owens Chegg stock plummets 35.6% premarket toward 1 1/2-yr. low after Q3 results late Monday
Do analysts agree on Chegg's (cheg) price target?
The company's average rating score is 2.38, and is based on 5 buy ratings, 8 hold ratings, and no sell ratings. According to analysts' consensus price target of $69.62, Chegg has a forecasted upside of 102.8% from its current price of $34.32. Chegg has only been the subject of 4 research reports in the past 90 days.
Can you buy stock in Chegg?
Learn how to easily invest in Chegg stock. Chegg Inc is an education & training services business based in the US. Chegg shares (CHGG) are listed on the NYSE and all prices are listed in US Dollars.
Is Chegg publicly traded?
Chegg is listed on the New York Stock Exchange under the ticker symbol CHGG.
Is Chegg still a buy?
There aren't any compelling reasons to buy Chegg now Chegg stock got overheated during the rally in growth stocks in early 2021. At its all-time high, shares raded at over 90 times earnings, which was clearly an unsustainable valuation for the company as it moved beyond pandemic lockdowns.
Who owns Chegg stock?
Top 10 Owners of Chegg IncStockholderStakeShares ownedThe Vanguard Group, Inc.9.13%11,496,317Artisan Partners LP4.84%6,095,631Wellington Management Co. LLP4.06%5,115,422Weatherbie Capital LLC4.02%5,061,9286 more rows
What is wrong with Chegg stock?
What happened. Shares of Chegg (CHGG 2.53%) plunged 49% on Tuesday after the online learning platform warned investors that a tight labor market and COVID-19-related challenges were denting demand for education services.
Why has Chegg stock price dropped?
Chegg stock plunged as much as 37% on Tuesday as investors weighed the education company's first-quarter earnings beat against its lower 2022 revenue guidance, in part driven by a drop in college students.
Is Chegg a good stock to buy 2021?
Chegg's Volatile Shares It seems no matter the trend in earnings or revenue, Chegg investors will be in for an interesting ride, as the stock is highly volatile. At one point in early 2021 the shares fetched over $100, a valuation that turned out to be unsustainable.
Should I sell Chegg stock?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last year. There are currently 11 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Chegg stock.
Is Chegg stock overvalued?
In short, the stock of Chegg (NYSE:CHGG, 30-year Financials) is believed to be modestly overvalued. The company's financial condition is poor and its profitability is poor. Its growth ranks better than 99% of the companies in Education industry.
How does Chegg make money?
Our total net revenues are comprised of two revenue streams: (1) Chegg Services revenues, which includes Chegg Study, Chegg Writing, Chegg Tutors, Brand Partnership , Test Prep and Internships; and (2) Required Materials revenues, which includes commissions from Ingram and other partners, on the rental and sale of ...
Is Chegg considered cheating?
Using Chegg for homework is not generally not considered cheating as homework is generally open for discussions. Unless stated by your professor to show your original work, otherwise using Chegg for homework should not cause you any trouble.
How is Chegg legal?
Chegg is a legal website and it is totally safe for students of all ages and grades, but it must be used responsibly. As mentioned above, Chegg should not be used for copying content or plagiarizing your answers. So, the platform is safe and the tutors working on Chegg are also genuine.
Is Chegg a buy right now?
13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last twelve months. There are currently 11 hold rat...
Are investors shorting Chegg?
Chegg saw a decline in short interest in April. As of April 30th, there was short interest totaling 5,640,000 shares, a decline of 15.8% from the A...
When is Chegg's next earnings date?
Chegg is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for Chegg .
How were Chegg's earnings last quarter?
Chegg, Inc. (NYSE:CHGG) posted its quarterly earnings data on Monday, May, 2nd. The technology company reported $0.32 earnings per share (EPS) for...
What guidance has Chegg issued on next quarter's earnings?
Chegg issued an update on its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of for th...
What price target have analysts set for CHGG?
13 Wall Street analysts have issued 12 month price targets for Chegg's stock. Their forecasts range from $18.00 to $120.00. On average, they expect...
Who are Chegg's key executives?
Chegg's management team includes the following people: Mr. Daniel Lee Rosensweig , Co-Chairman, CEO & Pres (Age 60, Pay $1.01M) Mr. Andrew J. Br...
What is Dan Rosensweig's approval rating as Chegg's CEO?
382 employees have rated Chegg CEO Dan Rosensweig on Glassdoor.com . Dan Rosensweig has an approval rating of 91% among Chegg's employees. This pu...
Who are some of Chegg's key competitors?
Some companies that are related to Chegg include Graham (GHC) , Grand Canyon Education (LOPE) , TAL Education Group (TAL) , Laureate Education...
What is CHEGG's quote symbol?
(NYSE: CHGG) CHEGG trades on the NYSE under the ticker symbol CHGG. CHEGG stock quotes can also be displayed as NYSE: CHGG.
What is the 52 week high and low for CHEGG (NYSE: CHGG)?
(NYSE: CHGG) CHEGG's 52-week high was $90.50, and its 52-week low was $15.66. It is currently -79.45% from its 52-week high and 18.77% from its 52-...
How much is CHEGG stock worth today?
( NYSE : CHGG ) CHEGG currently has 125,894,774 outstanding shares. With CHEGG stock trading at $18.60 per share, the total value of CHEG...
How much is CHEGG's stock price per share?
(NYSE: CHGG) CHEGG stock price per share is $18.60 today (as of May 20, 2022).
What is CHEGG's Market Cap?
( NYSE : CHGG ) CHEGG 's market cap is $2.34B , as of May 24, 2022 . Market cap (market capitalization) is the total market value of a publicly...
When is Chegg earnings call?
What is Chegg's FY 2021 earnings?
How can I listen to Chegg's earnings call? Chegg will be holding an earnings conference call on Monday, August 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13721450".
Zen Score
The company provided EPS guidance of - for the period. The company issued revenue guidance of $790 million-$800 million, compared to the consensus revenue estimate of $790.46 million.
Due Diligence Checks
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how CHGG scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.
Profit margin
CHGG's profit margin has increased... subscribe to Premium to read more.
Assets to liabilities
CHGG's Earnings (EBIT) of $12.64M... subscribe to Premium to read more.
Cash flow
CHGG's short-term assets ($1.62B) exceed... subscribe to Premium to read more.
What is a chegg?
CHGG's operating cash flow ($273.22M)... subscribe to Premium to read more.
What is Chegg Learning?
Chegg, Inc is an education & training services business based in the US. Chegg shares (CHGG) are listed on the NYSE and all prices are listed in US Dollars. Chegg employs 2,431 staff and has a trailing 12-month revenue of around 0.00.
How to calculate Chegg's P/E ratio?
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 to learn their course materials, succeed in their classes, and save money on required materials. The company offers Chegg Services, which include subscription services; and required materials that comprise its print textbooks and eTextbooks. Its subscription services include Chegg Study, which helps students master challenging concepts on their own; 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 solver, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various Chegg Services product offerings, including Chegg Study, Chegg Writing, Chegg Math Solver, video content, and practice quizzes, which creates an integrated platform of connected academic support services; and Thinkful, a skills-based learning platform that offers professional courses in the areas of software engineering, UX/UI design, digital marketing, data science, product management, data analytics, product design, and technical project management directly to students. The company also provides other services, such as Chegg Prep and internships; and rents and sells print textbooks and eTextbooks. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.
NYSE: CHGG
Chegg's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9813. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The online education company just topped some low expectations
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Chegg's post-lockdown slowdown
Chegg ( CHGG 5.39% ) stock rallied 16% after the online education company posted its fourth-quarter earnings report.
The slowdown will continue in 2022
Chegg Services, which hosts the company's subscription-based online education and tutoring services, accounted for 86% of total revenue in 2021. The rest came from its Required Materials division, which handles textbook rentals.
An unappealing valuation and long-term challenges
Chegg expects revenue to rise 1% to 3% year over year in the first quarter of 2022, and 7% to 9% for the full year.
There aren't any compelling reasons to buy Chegg now
Chegg stock trades at 28 times forward earnings estimates and over five times revenue. Those valuations would be reasonable for a growing company, but they're not supported by Chegg's guidance for single-digit top-line growth and flat earnings.
Premium Investing Services
Chegg stock got overheated during the rally in growth stocks in early 2021. At its all-time high, shares raded at over 90 times earnings, which was clearly an unsustainable valuation for the company as it moved beyond pandemic lockdowns.