The stock is down nearly 11% this year partly because schools are bringing students back on campus. The fear is that this change will cause a significant drop in usage on Chegg. While that may be partly true, it's not entirely bad news.
What happened to Chegg’s stock?
Nov 02, 2021 · Chegg said the decline in student enrollments would take a toll on its fourth-quarter results. Management now expects the company to generate sales of $194 million to $196 million, which was well...
How much is a share of Chegg worth?
Apr 12, 2022 · Chegg's stock was trading at $36.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CHGG shares have decreased by 11.9% and is now trading at $32.36. View which stocks have been most impacted by COVID-19.
What is the ticker symbol for Chegg?
Nov 02, 2021 · Shares of online education provider Chegg plunged nearly 50% on Tuesday, wiping billions off its market value after the company’s recent earnings showed revenue would continue to take a hit from...
What did Chegg’s $300 million share repurchase mean for Disney?
Nov 03, 2021 · in this video we talk about Chegg Stock with why it is crashing and Future forecasts.NOTE:Business Fuel’s content is for education only. In no event will Bus...
Is Chegg a good stock to buy now?
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.Feb 10, 2022
Why did Chegg stock rise?
Shares of Chegg Inc. CHGG, +2.17% rallied more than 10% in the extended session Monday after the education technology and student services company reported fourth-quarter earnings well above Wall Street expectations and said it ended the year well despite COVID-19 uncertainty.Feb 7, 2022
Will Chegg stock come back?
Why Chegg Shares Aren't Bouncing Back It was the company's Q4 2021 outlook, and the prepared remarks that accompanied the earnings release, from CEO Dan Rosensweig. Forecasting $194 million-$196 million in net revenues for Q4, guidance was well under analyst consensus.Dec 1, 2021
Is Chegg 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.May 3, 2021
Is Chegg a buy right now?
13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last year. There are currently 8 hold ratings and 5...
How has Chegg's stock price been impacted by Coronavirus?
Chegg's stock was trading at $36.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since...
When is Chegg's next earnings date?
Chegg is scheduled to release its next quarterly earnings announcement on Monday, May 2nd 2022. View our earnings forecast for Chegg .
How were Chegg's earnings last quarter?
Chegg, Inc. (NYSE:CHGG) announced its quarterly earnings data on Monday, February, 7th. The technology company reported $0.38 EPS for the quarter,...
What guidance has Chegg issued on next quarter's earnings?
Chegg updated its FY 2022 earnings guidance on Monday, February, 21st. The company provided earnings per share guidance of for the period. The comp...
What price target have analysts set for CHGG?
13 equities research analysts have issued 12 month target prices for Chegg's shares. Their forecasts range from $35.00 to $120.00. On average, they...
Who are Chegg's key executives?
Chegg's management team includes the following people: Dan Rosensweig , Co-Chairman, President & Chief Executive Officer Andrew J. Brown , Chief...
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 Grand Canyon Education (LOPE) , Graham (GHC) , Laureate Education (LAUR) , New Oriental Educat...
Is Chegg a buy right now?
17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 12 buy ratings for the stock.
What stocks does MarketBeat like better than Chegg?
Wall Street analysts have given Chegg a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Chegg wasn't one of them.
When is Chegg's next earnings date?
Chegg is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.#N#View our earnings forecast for Chegg.
How were Chegg's earnings last quarter?
Chegg, Inc. (NYSE:CHGG) posted its quarterly earnings data on Sunday, August, 8th. The technology company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.37 by $0.06. The technology company earned $198.48 million during the quarter, compared to analyst estimates of $190.11 million.
How has Chegg's stock been impacted by Coronavirus (COVID-19)?
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. Since then, CHGG shares have increased by 113.8% and is now trading at $78.54.#N#View which stocks have been most impacted by COVID-19.
What guidance has Chegg issued on next quarter's earnings?
Chegg issued an update on its FY 2021 earnings guidance on Monday, September, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $805 million-$815 million, compared to the consensus revenue estimate of $797.21 million.
What price target have analysts set for CHGG?
17 equities research analysts have issued twelve-month target prices for Chegg's stock. Their forecasts range from $55.00 to $125.00. On average, they expect Chegg's stock price to reach $103.24 in the next year.
What is a chegg?
Chegg (NYSE: CHGG) is a direct-to-student, connected learning platform. Similar to a company like Netflix (NASDAQ: NFLX), it is Chegg's content that attracts customers and keeps them as customers. Just so we're clear, Chegg's content is a lot different from Netflix's.
When will students return to in person learning?
Millions of students worldwide will be preparing to return to in-person learning for the first time since March 2020. The coronavirus pandemic forced an abrupt shift to online instruction for students of all ages. The return has been more gradual, as some states and countries have already brought students back to in-person learning.
Is CVS Health a two year high?
CVS Health (NYSE: CVS) hits a two-year high after first-quarter profits and revenue are higher than expected. In this episode of MarketFoolery, Motley Fool analyst Asit Sharma, with host Chris Hill, analyzes those stories and weighs in on the latest results from online education company Chegg (NYSE: CHGG). To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
