StocksFundsScreenerSectorsWatchlists
CHGG

CHGG - Chegg Inc Stock Price, Fair Value and News

7.15USD-0.30 (-4.03%)Market Closed

Market Summary

CHGG
USD7.15-0.30
Market Closed
-4.03%

CHGG Stock Price

View Fullscreen

CHGG RSI Chart

CHGG Valuation

Market Cap

736.1M

Price/Earnings (Trailing)

40.49

Price/Sales (Trailing)

1.03

EV/EBITDA

12.9

Price/Free Cashflow

4.51

CHGG Price/Sales (Trailing)

CHGG Profitability

Operating Margin

68.46%

EBT Margin

7.02%

Return on Equity

1.92%

Return on Assets

1.05%

Free Cashflow Yield

22.16%

CHGG Fundamentals

CHGG Revenue

Revenue (TTM)

716.3M

Rev. Growth (Yr)

-8.39%

Rev. Growth (Qtr)

19.09%

CHGG Earnings

Earnings (TTM)

18.2M

Earnings Growth (Yr)

420.18%

Earnings Growth (Qtr)

152.86%

Breaking Down CHGG Revenue

Last 7 days

0.3%

Last 30 days

-11.0%

Last 90 days

-35.6%

Trailing 12 Months

-60.3%

How does CHGG drawdown profile look like?

CHGG Financial Health

Current Ratio

0.8

CHGG Investor Care

Buy Backs (1Y)

18.65%

Diluted EPS (TTM)

-0.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023752.3M740.4M733.5M716.3M
2022780.1M776.4M769.2M766.9M
2021711.1M756.6M774.5M776.3M
2020445.1M504.3M564.1M644.3M
2019341.5M361.2M381.1M410.9M
2018269.4M287.3M298.9M321.1M
2017250.0M253.3M244.6M255.1M
2016283.2M269.1M259.2M254.1M
2015315.3M317.9M317.6M301.4M
2014269.0M277.6M297.5M304.8M
2013223.9M234.5M245.0M255.6M
2012000213.3M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Chegg Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 13, 2024
schultz nathan j.
sold (taxes)
-77,769
8.02
-9,697
chief operating officer
Mar 12, 2024
rosensweig daniel
sold (taxes)
-574,986
8.02
-71,694
president, ceo & co-chairman
Mar 12, 2024
schultz nathan j.
sold (taxes)
-216,404
8.02
-26,983
chief operating officer
Mar 01, 2024
schultz nathan j.
sold (taxes)
-14,400
9.04
-1,593
chief operating officer
Mar 01, 2024
rosensweig daniel
sold (taxes)
-31,197
9.04
-3,451
president, ceo & co-chairman
Feb 21, 2024
schultz nathan j.
gifted
-
-
-161,647
chief operating officer
Jan 12, 2024
longo david
sold (taxes)
-14,696
11.1
-1,324
chief accounting officer
Dec 14, 2023
brown andrew j
sold (taxes)
-13,229
10.55
-1,254
chief financial officer
Dec 13, 2023
schultz nathan j.
sold
-14,054
10.4106
-1,350
chief operating officer
Dec 12, 2023
rosensweig daniel
sold (taxes)
-96,152
10.55
-9,114
president, ceo & co-chairman

1–10 of 50

Which funds bought or sold CHGG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 10, 2024
Bank of New Hampshire
unchanged
-
-1,895
3,785
-%
Apr 09, 2024
ADIRONDACK TRUST CO
unchanged
-
-343
1,892
-%
Apr 09, 2024
Rise Advisors, LLC
unchanged
-
-228
454
-%
Apr 05, 2024
CWM, LLC
added
30.1
-2,000
12,000
-%
Apr 05, 2024
GAMMA Investing LLC
reduced
-48.93
-1,957
1,264
-%
Apr 03, 2024
Versant Capital Management, Inc
added
23.98
-338
1,605
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-32.76
-74.00
443
-%
Mar 11, 2024
VANGUARD GROUP INC
added
7.48
35,598,200
132,117,000
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
53.95
19,214,800
39,217,100
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-3.99
117,178
643,271
-%

1–10 of 36

Are Funds Buying or Selling CHGG?

Are funds buying CHGG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CHGG
No. of Funds

Unveiling Chegg Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 07, 2024
blackrock inc.
10.4%
10,689,906
SC 13G/A
Feb 15, 2024
d. e. shaw & co, l.p.
5.5%
5,637,084
SC 13G
Feb 14, 2024
sylebra capital llc
8.13%
9,410,827
SC 13G
Feb 13, 2024
vanguard group inc
10.04%
11,630,011
SC 13G/A
Jan 24, 2024
blackrock inc.
9.3%
10,718,187
SC 13G/A
Jan 08, 2024
baillie gifford & co
4.04%
4,682,387
SC 13G/A
Jun 06, 2023
baillie gifford & co
8.92%
10,683,328
SC 13G/A
May 10, 2023
vanguard group inc
10.15%
12,147,538
SC 13G/A
Feb 09, 2023
vanguard group inc
9.84%
12,348,415
SC 13G/A
Feb 03, 2023
blackrock inc.
7.2%
9,026,981
SC 13G

Recent SEC filings of Chegg Inc

View All Filings
Date Filed Form Type Document
Mar 14, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading
Mar 07, 2024
SC 13G/A
Major Ownership Report
Mar 05, 2024
8-K
Current Report
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 20, 2024
10-K
Annual Report
Feb 15, 2024
SC 13G
Major Ownership Report
Feb 14, 2024
SC 13G
Major Ownership Report

Peers (Alternatives to Chegg Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
3.9B
960.9M
-1.71% 9.54%
19.15
4.08
5.44% 11.07%
3.3B
4.4B
-1.64% 19.73%
16.17
0.75
12.50% 206.04%
2.6B
1.9B
-4.52% 53.20%
15.04
1.32
10.13% 72.20%
2.4B
1.1B
-4.26% 4.08%
34.4
2.12
6.33% 49.54%
2.3B
1.5B
5.20% 20.67%
21.04
1.52
19.48% 55.00%
2.1B
635.8M
-11.13% 16.44%
-17.64
3.23
21.39% 33.53%
SMALL-CAP
1.8B
1.5B
-7.42% 15.76%
15.29
1.21
3.69% -68.86%
736.1M
716.3M
-10.96% -60.26%
40.49
1.03
-6.60% -93.18%
312.8M
378.1M
-1.70% 53.91%
12.03
0.83
8.55% 105.78%
222.5M
600.5M
-0.70% 94.94%
-4.71
0.37
-0.95% 58.90%

Chegg Inc News

Latest updates
Defense World30 hours ago
Yahoo Finance11 Apr 202403:40 pm
Yahoo Finance11 Apr 202401:40 pm
Simply Wall St05 Apr 202411:17 am

Chegg Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue19.1%18815818318820516519520220717219819820615415313212694.0094.0097.0096.00
Cost Of Revenue-45.2%46.0084.0047.0049.0051.0045.0046.0055.0056.0067.0061.0071.0057.0062.0044.0042.0026.0022.0021.0023.0022.00
Gross Profit91.4%14274.0013513815412014914715210513812714992.0010989.0099.0072.0073.0074.0074.00
Operating Expenses-2.5%12913215414314613114214212610410311099.0010987.0086.0082.0077.0067.0075.0066.00
  S&GA Expenses3.0%30.0029.0031.0037.0038.0032.0035.0042.0030.0027.0022.0026.0021.0025.0016.0020.0016.0017.0012.0019.0012.00
  R&D Expenses-1.0%46.0046.0053.0047.0046.0045.0052.0052.0048.0043.0042.0046.0047.0044.0040.0040.0039.0036.0032.0033.0033.00
EBITDA Margin57.4%0.06*0.04*0.18*0.13*0.13*0.16*0.06*0.16*0.06*---0.11*-0.05*-0.10*-0.05*-0.09*-0.07*----
Interest Expenses10.2%-0.66-0.73-1.11-1.27-1.30-1.52-1.62-1.60-1.63-1.63-1.70-1.93-21.98-17.47-13.42-13.43-13.56-13.55-13.51-4.23-3.77
Income Taxes4611.0%8.000.0020.004.000.00-1670.004.001.001.002.003.002.001.001.001.001.001.001.001.00-0.24
Earnings Before Taxes198.1%18.00-18.1144.006.002.0084.008.0010.0026.007.0035.00-62.3629.00-36.0712.00-5.199.00-10.85-1.45-3.695.00
EBT Margin48.5%0.07*0.05*0.19*0.13*0.14*0.17*0.07*0.10*0.01*0.01*-0.05*-0.08*---------
Net Income152.9%10.00-18.2825.002.002.002527.006.0024.007.0033.00-65.1826.00-37.1411.00-5.718.00-11.48-2.03-4.325.00
Net Income Margin79.5%0.03*0.01*0.38*0.35*0.35*0.38*0.06*0.09*0.00*0.00*-0.06*-0.09*---------
Free Cashflow451.9%52.009.0046.0056.0050.0016.0036.0051.0038.0043.0043.0055.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-4.3%1,7271,8051,9692,3622,4652,3982,6552,6622,9193,1873,1513,1942,2512,3421,5401,4951,4891,4641,4161,309761
  Current Assets19.3%4153484476371,1441,0321,4521,2471,6231,8262,1161,9361,1831,2997428088078448481,019495
    Cash Equivalents43.8%13694.0017528147469.00402268854714840656482528285359389450556915376
  Net PPE8.5%18316919820120420219518817015615013412611310698.0087.0078.0077.0073.0060.00
  Goodwill2.3%63261863062361559061764129029029129128528528521421565.00149149150
Liabilities1.5%7837719341,3551,3491,3511,8361,8541,8121,8331,8131,9501,6421,6961,0421,032990995956881350
  Current Liabilities245.1%51815014314013914313415511413411425111014390.0010271.0089.0064.0073.0060.00
Shareholder's Equity-8.6%9451,0331,0351,0071,1171,0478198091,1071,3551,3381,243610645498463499469460428411
  Retained Earnings15.6%-52.37-62.04-43.75-68.37-70.55-72.41-323-331-337-361-368-400-422-448-411-422-416-424-413-411-406
  Additional Paid-In Capital-10.4%1,0321,1521,1221,1201,2451,2211,2121,1771,4491,7171,7071,6451,0311,093908890916895873840818
Shares Outstanding-11.1%103116115120126126129132141141143134---------
Float---999---2,324---11,840---8,183---4,480--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations136.2%77.0033.0063.0073.0074.0038.0064.0080.0065.0064.0071.0074.0068.0046.0059.0063.0027.0039.0030.0018.0030.00
  Share Based Compensation-0.1%32.0032.0036.0034.0035.0034.0031.0033.0033.0025.0029.0023.0025.0022.0020.0018.0018.0017.0015.0015.0015.00
Cashflow From Investing339.9%11326.00236-10634356.0069.00-363377-167190-76418.00-572-131-47.26-93.04-145-47713.00-36.45
Cashflow From Financing-7.9%-149-138-404-158-11.85-4261.00-307-301-22.04-77.26868-133769-1.90-44.174.002.0089.005082.00
  Buy Backs-148-35.00151-23.00-300300----------20.00-

CHGG Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net revenues$ 716,295$ 766,897$ 776,265
Cost of revenues225,941197,396254,904
Gross profit490,354569,501521,361
Operating expenses:   
Research and development191,705196,637178,821
Sales and marketing126,591147,660105,414
General and administrative239,783216,247159,019
Total operating expenses558,079560,544443,254
(Loss) income from operations(67,725)8,95778,107
Interest expense, net and other income (expense), net   
Interest expense, net(3,773)(6,040)(6,896)
Other income (expense), net121,810101,029(65,472)
Total interest expense, net and other income (expense), net118,03794,989(72,368)
Total income before (provision for) benefit from income taxes50,312103,9465,739
(Provision for) benefit from income taxes(32,132)162,692(7,197)
Net income (loss)$ 18,180$ 266,638$ (1,458)
Net income (loss) per share   
Basic (in dollars per share)$ 0.16$ 2.09$ (0.01)
Diluted (in dollars per share)$ (0.34)$ 1.34$ (0.01)
Weighted average shares used to compute net income (loss) per share   
Basic (in shares)116,504127,557141,262
Diluted (in shares)128,569149,859141,262

CHGG Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 135,757$ 473,677
Short-term investments194,257583,973
Accounts receivable, net of allowance of $376 and $394 at December 31, 2023 and December 31, 2022, respectively31,40423,515
Prepaid expenses20,98028,481
Other current assets32,43734,754
Total current assets414,8351,144,400
Long-term investments249,547216,233
Property and equipment, net183,073204,383
Goodwill631,995615,093
Intangible assets, net52,43078,333
Right of use assets25,13018,838
Deferred tax assets141,843167,524
Other assets28,38220,612
Total assets1,727,2352,465,416
Current liabilities  
Accounts payable28,18412,367
Deferred revenue55,33656,273
Accrued liabilities77,86370,234
Current portion of convertible senior notes, net357,0790
Total current liabilities518,462138,874
Long-term liabilities  
Convertible senior notes, net242,7581,188,593
Long-term operating lease liabilities18,06313,375
Other long-term liabilities3,3347,985
Total long-term liabilities264,1551,209,953
Total liabilities782,6171,348,827
Commitments and contingencies
Stockholders’ equity:  
Preferred stock, $0.001 par value – 10,000,000 shares authorized, no shares issued and outstanding at December 31, 2023 and December 31, 202200
Common stock, $0.001 par value – 400,000,000 shares authorized; 102,823,700 and 126,473,827 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively103126
Additional paid-in capital1,031,6271,244,504
Accumulated other comprehensive loss(34,739)(57,488)
Accumulated deficit(52,373)(70,553)
Total stockholders’ equity944,6181,116,589
Total liabilities and stockholders’ equity$ 1,727,235$ 2,465,416
CHGG
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 learner with their academic course materials. The company offers Chegg Services, which include subscription services; and skills and other, including skills, advertising services, 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 services, which creates an integrated platform of connected academic support services; and 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. The company also provides skills-based learning platform that offers professional courses along with networking, interviewing, and career services; and rents and sells print textbooks and eTextbooks. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.
 CEO
 WEBSITEchegg.com
 INDUSTRYEducation & Training Services
 EMPLOYEES3073

Chegg Inc Frequently Asked Questions


What is the ticker symbol for Chegg Inc? What does CHGG stand for in stocks?

CHGG is the stock ticker symbol of Chegg Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Chegg Inc (CHGG)?

As of Fri Apr 12 2024, market cap of Chegg Inc is 736.09 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CHGG stock?

You can check CHGG's fair value in chart for subscribers.

What is the fair value of CHGG stock?

You can check CHGG's fair value in chart for subscribers. The fair value of Chegg Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Chegg Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CHGG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Chegg Inc a good stock to buy?

The fair value guage provides a quick view whether CHGG is over valued or under valued. Whether Chegg Inc is cheap or expensive depends on the assumptions which impact Chegg Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CHGG.

What is Chegg Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, CHGG's PE ratio (Price to Earnings) is 40.49 and Price to Sales (PS) ratio is 1.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CHGG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Chegg Inc's stock?

In the past 10 years, Chegg Inc has provided 0.032 (multiply by 100 for percentage) rate of return.