Dave Borders - Chegg General Counsel

CHGG Stock  USD 7.03  0.13  1.88%   

Executive

Mr. Dave Borders Jr. serves as our General Counsel of the company since April 2016. From May 2013 until to March 2016, Mr. Borders served as our Associate General Counsel and from March 2011 until April 2013, he served as our Senior Corporationrationrate Counsel since 2016.
Age 44
Tenure 8 years
Address 3990 Freedom Circle, Santa Clara, CA, United States, 95054
Phone408 855 5700
Webhttps://www.chegg.com
Borders earned a B.S. in Economics and Business Administration from Trinity University and holds a J.D. from Harvard Law School.

Chegg Management Efficiency

At this time, Chegg's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The Chegg's current Return On Assets is estimated to increase to 0.01, while Return On Capital Employed is projected to decrease to (0.06). At this time, Chegg's Other Current Assets are most likely to increase significantly in the upcoming years. The Chegg's current Total Current Assets is estimated to increase to about 545.8 M, while Other Assets are projected to decrease to 0.95. Chegg's management efficiency ratios could be used to measure how well Chegg manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 617.9 M in liabilities with Debt to Equity (D/E) ratio of 2.07, implying the company greatly relies on financing operations through barrowing. Chegg Inc has a current ratio of 10.59, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Chegg until it has trouble settling it off, either with new capital or with free cash flow. So, Chegg's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Chegg Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chegg to invest in growth at high rates of return. When we think about Chegg's use of debt, we should always consider it together with cash and equity.

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Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course materials. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California. Chegg operates under Education Training Services classification in the United States and is traded on New York Stock Exchange. It employs 2464 people. Chegg Inc (CHGG) is traded on New York Stock Exchange in USA. It is located in 3990 Freedom Circle, Santa Clara, CA, United States, 95054 and employs 3,043 people. Chegg is listed under Diversified Consumer Services category by Fama And French industry classification.

Management Performance

Chegg Inc Leadership Team

Elected by the shareholders, the Chegg's board of directors comprises two types of representatives: Chegg inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chegg. The board's role is to monitor Chegg's management team and ensure that shareholders' interests are well served. Chegg's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Chegg's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dave Borders, General Counsel
Richard Sarnoff, Independent Co-Chairman of the Board
Charles Geiger, CTO
Candace Sue, Head Relations
Marne Levine, Independent Director
Esther Lem, Chief Marketing Officer
Woodie Dixon, General Counsel, Corporate Secretary
Chuck Geiger, CTO
Robert Chesnut, Senior Vice President General Counsel
Marcela Martin, Independent Director
Jenny Brandemeuhl, Chief People Officer
Ted Schlein, Independent Director
John York, Independent Director
John Fillmore, President - Chegg Skills
Melanie Whelan, Independent Director
Mitch Spolan, Executive Services
Andrew Brown, Principal Accounting Officer, Corporate Controller
Anne Dwane, Chief Business Officer
David Longo, Chief Accounting Officer, Vice President Corporate Controller, Assistant Treasurer
Sarah Bond, Independent Director
Michael Osier, CIO
Renee Budig, Independent Director
Daniel Rosensweig, Co-Chairman of the Board, President, Chief Executive Officer
Nathan Schultz, President - Learning Services
Tracey Ford, Vice Relations
Heather Porter, Chief Officer
Paul LeBlanc, Independent Director
Jeffrey Housenbold, Independent Director
Deena Bahri, Chief Officer
Debra Thompson, Chief Officer
Lauren Glotzer, Chief Strategy Officer

Chegg Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Chegg a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Chegg Investors Sentiment

The influence of Chegg's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Chegg. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Chegg's public news can be used to forecast risks associated with an investment in Chegg. The trend in average sentiment can be used to explain how an investor holding Chegg can time the market purely based on public headlines and social activities around Chegg Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Chegg's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Chegg's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Chegg's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Chegg.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chegg in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chegg's short interest history, or implied volatility extrapolated from Chegg options trading.

Pair Trading with Chegg

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chegg position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chegg will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Chegg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chegg when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chegg - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chegg Inc to buy it.
The correlation of Chegg is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chegg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chegg Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chegg can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Chegg Inc is a strong investment it is important to analyze Chegg's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chegg's future performance. For an informed investment choice regarding Chegg Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chegg Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Chegg Inc information on this page should be used as a complementary analysis to other Chegg's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Chegg Stock analysis

When running Chegg's price analysis, check to measure Chegg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chegg is operating at the current time. Most of Chegg's value examination focuses on studying past and present price action to predict the probability of Chegg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chegg's price. Additionally, you may evaluate how the addition of Chegg to your portfolios can decrease your overall portfolio volatility.
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Is Chegg's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chegg. If investors know Chegg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chegg listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.996
Earnings Share
0.16
Revenue Per Share
6.148
Quarterly Revenue Growth
(0.08)
Return On Assets
(0)
The market value of Chegg Inc is measured differently than its book value, which is the value of Chegg that is recorded on the company's balance sheet. Investors also form their own opinion of Chegg's value that differs from its market value or its book value, called intrinsic value, which is Chegg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chegg's market value can be influenced by many factors that don't directly affect Chegg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chegg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chegg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chegg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.