Chegg Stock Analysis

CHGG
 Stock
  

USD 22.94  1.38  6.40%   

The latest price surge of Chegg Inc could raise concerns from shareholders as the firm is trading at a share price of 22.94 on 1,261,353 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in September. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.17. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the Chegg partners.
Continue to Trending Equities.
  
The Chegg stock analysis report makes it easy to digest most publicly released information about Chegg and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Chegg Stock analysis module also helps to analyze the Chegg price relationship with some important fundamental indicators such as market cap and management efficiency.

Chegg Stock Analysis Notes

About 102.0% of the company shares are held by institutions such as insurance companies. The book value of Chegg was currently reported as 9.35. The company has Price/Earnings To Growth (PEG) ratio of 0.66. Chegg Inc had not issued any dividends in recent years. 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. For more info on Chegg Inc please contact Daniel Rosensweig at 408 855 5700 or go to https://www.chegg.com.

Chegg Quarterly Cost of Revenue

45.68 Million

Chegg Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Chegg's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Chegg Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Chegg Inc appears to be risky and price may revert if volatility continues
Latest headline from www.marketscreener.com: Chegg, a Leading Online Learning Company, Expands Uversity to Canada and the United Kingdom - Marketscreener.com

Chegg Inc Upcoming and Recent Events

Earnings reports are used by Chegg to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Chegg previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report14th of February 2022
Next Financial Report2nd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End14th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Chegg Largest EPS Surprises

Earnings surprises can significantly impact Chegg's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-04-26
2018-03-310.090.10.0111 
2016-11-07
2016-09-30-0.04-0.030.0125 
2016-05-02
2016-03-31-0.04-0.030.0125 
View All Earnings Estimates

Chegg SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Chegg prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Chegg investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Chegg Inc specific information freely available to individual and institutional investors to make a timely investment decision.
2nd of June 2022
Financial Statements and Exhibits. Other Events. Submission of Matters to a Vote of Security Holders
View
2nd of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
31st of March 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
23rd of February 2022
Financial Statements and Exhibits. Other Events
View
9th of February 2022
Unclassified Corporate Event
View
7th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
4th of February 2022
Unclassified Corporate Event
View
13th of January 2022
Completion of Acquisition or Disposition of Assets
View

Chegg Thematic Classifications

In addition to having Chegg stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Personal Services
USA Equities from Personal Services industry as classified by Fama & French
Education
Tutoring, learning, and education services

Chegg Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Chegg is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chegg Inc backward and forwards among themselves. Chegg's institutional investor refers to the entity that pools money to purchase Chegg's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Baillie Gifford CoCommon Shares18.3 M344.3 M
Wolverine Asset Management LlcDebt68.7 M58.5 M
National Bank Of CanadaCommon Shares600 K11.3 M
New York State Common Retirement FundCommon Shares583.9 K11 M
Assenagon Asset Management SaCommon Shares431.7 K8.1 M
Walleye Trading LlcCall Options391.3 K7.3 M
Walleye Trading LlcPut Options232.9 K4.4 M
Bank Of Nova ScotiaCommon Shares228.3 K4.3 M
Walleye Capital LlcCommon Shares213.9 KM
Russell Investments Group LtdCommon Shares208.8 K3.9 M
Note, although Chegg's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Chegg Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 3.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chegg's market, we take the total number of its shares issued and multiply it by Chegg's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Chegg Profitablity

Chegg's profitability indicators refer to fundamental financial ratios that showcase Chegg's ability to generate income relative to its revenue or operating costs. If, let's say, Chegg is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Chegg's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Chegg's profitability requires more research than a typical breakdown of Chegg's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 8.9 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 9.29 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.09.
Last ReportedProjected for 2022
Return on Investment 3.19  3.44 
Return on Average Assets(0.00345) (0.003723) 
Return on Average Equity(0.001) (0.001079) 
Return on Invested Capital 0.004  0.004316 
Return on Sales 0.016  0.0173 

Management Efficiency

The entity has return on total asset (ROA) of 1.55 % which means that it generated profit of $1.55 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 6.77 %, meaning that it created $6.77 on every $100 dollars invested by stockholders. Chegg management efficiency ratios could be used to measure how well chegg inc manages its routine affairs as well as how well it operates its assets and liabilities. Chegg Return on Invested Capital is projected to increase slightly based on the last few years of reporting. The past year's Return on Invested Capital was at 0.004. The current year Return on Sales is expected to grow to 0.0173, whereas Return on Average Assets are forecasted to decline to (0.003723) . Chegg Current Assets are projected to increase significantly based on the last few years of reporting. The past year's Current Assets were at 1.62 Billion. The current year Assets Non Current is expected to grow to about 1.4 B, whereas Return on Average Assets are forecasted to decline to (0.003723) .
Last ReportedProjected for 2022
Book Value per Share 7.84  8.46 
Enterprise Value over EBIT 430.00  463.95 
Enterprise Value over EBITDA 62.55  64.19 
Price to Book Value 4.02  5.68 
Tangible Assets Book Value per Share 18.33  14.91 
Enterprise Value5.4 B4.8 B
Tangible Asset Value2.6 B2.8 B

Technical Drivers

As of the 10th of August, Chegg shows the risk adjusted performance of 0.0777, and Mean Deviation of 3.29. Chegg Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Chegg Inc, which can be compared to its rivals. Please confirm Chegg Inc downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Chegg Inc is priced correctly, providing market reflects its regular price of 22.94 per share. Given that Chegg has jensen alpha of 0.2516, we suggest you to validate Chegg Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Chegg Inc Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Simple Moving Average indicator is calculated by adding the closing price of Chegg for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Chegg Inc short-term fluctuations and highlight longer-term trends or cycles.
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Chegg Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chegg insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chegg's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chegg insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Chegg Predictive Daily Indicators

Chegg intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Chegg stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Chegg Forecast Models

Chegg time-series forecasting models is one of many Chegg's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Chegg's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Chegg Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Chegg stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Chegg shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Chegg. By using and applying Chegg Stock analysis, traders can create a robust methodology for identifying Chegg entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 10.06  10.85 
EBITDA Margin 0.11  0.11 
Gross Margin 0.67  0.65 
Profit Margin(0.002) (0.002158) 
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. 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, 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, and Chegg Math Solver services, which creates an integrated platform of connected academic support services Busuu, an online language learning solution that offers a comprehensive solution through a combination of self-paced lessons, live classes with expert tutors, and the ability to learn and practice with members of the Busuu language learning community and Thinkful, a skills-based learning platform that offers professional courses along with networking, interviewing, and career services. The company also provides other services, such as Chegg Life, Chegg Prep, and Chegg Internships provides personal and professional development skills training and rents and sells print textbooks and eTextbooks. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.

Current Chegg Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chegg analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Chegg analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
65.0Hold14Odds
Chegg Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Chegg analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Chegg stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chegg Inc, talking to its executives and customers, or listening to Chegg conference calls.
Chegg Analyst Advice Details

Chegg Stock Analysis Indicators

Chegg Inc stock analysis indicators help investors evaluate how Chegg stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Chegg shares will generate the highest return on investment. By understating and applying Chegg stock analysis, traders can identify Chegg position entry and exit signals to maximize returns.
Quick Ratio7.74
Fifty Two Week Low15.66
Revenue Growth1.90%
Shares Short Prior Month5.2M
Average Daily Volume Last 10 Day2M
Average Daily Volume In Three Month2.65M
Shares Percent Shares Out5.80%
Gross Margins69.42%
Short Percent Of Float7.00%
Forward Price Earnings18.50
Float Shares122.35M
Fifty Two Week High87.13
Enterprise Value To Ebitda21.29
Fifty Day Average19.72
Two Hundred Day Average27.31
Enterprise Value To Revenue4.09
Continue to Trending Equities. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Chegg Inc 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 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 YOY
-0.71
Market Capitalization
B
Quarterly Revenue Growth YOY
-0.019
Return On Assets
0.0105
Return On Equity
0.041
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 Chegg value 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.