CHGG - Chegg Inc Stock Price, Fair Value and News

6.81USD-0.06 (-0.87%)Delayed

Market Summary

USD6.81-0.06

Delayed

-0.87%

CHGG Stock Price

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CHGG RSI Chart

CHGG Valuation

Market Cap

701.1M

Price/Earnings (Trailing)

38.56

Price/Sales (Trailing)

0.98

EV/EBITDA

12.15

Price/Free Cashflow

4.3

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

23.27%

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

-10.3%

Last 30 days

-14.5%

Last 90 days

-36.6%

Trailing 12 Months

-62.0%

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

Year	Q1	Q2	Q3	Q4
2023	752.3M	740.4M	733.5M	716.3M
2022	780.1M	776.4M	769.2M	766.9M
2021	711.1M	756.6M	774.5M	776.3M
2020	445.1M	504.3M	564.1M	644.3M
2019	341.5M	361.2M	381.1M	410.9M
2018	269.4M	287.3M	298.9M	321.1M
2017	250.0M	253.3M	244.6M	255.1M
2016	283.2M	269.1M	259.2M	254.1M
2015	315.3M	317.9M	317.6M	301.4M
2014	269.0M	277.6M	297.5M	304.8M
2013	223.9M	234.5M	245.0M	255.6M
2012	0	0	0	213.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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>

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 ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 12, 2024	longo david	sold (taxes)	-11,704	7.15	-1,637	cfo & treasurer
Apr 12, 2024	longo david	acquired	-	-	265,734	cfo & treasurer
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

Which funds bought or sold CHGG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Counterpoint Mutual Funds LLC	reduced	-8.24	-175,270	275,858	0.07%
Apr 12, 2024	IMC-Chicago, LLC	new	-	892,155	892,155	-%
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	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
Apr 16, 2024	4	Insider Trading
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

Peers (Alternatives to Chegg Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
LOPE	3.9B	960.9M	-1.51%	9.69%	19.14	4.08	5.44%	11.07%
GHC	3.3B	4.4B	0.09%	18.64%	16.04	0.75	12.50%	206.04%
LRN	2.5B	1.9B	-5.14%	51.38%	14.74	1.3	10.13%	72.20%
STRA	2.4B	1.1B	-4.42%	4.19%	33.82	2.08	6.33%	49.54%
LAUR	2.2B	1.5B	1.10%	15.06%	20.26	1.47	19.48%	55.00%
COUR	1.9B	635.8M	-15.59%	10.12%	-16.12	2.95	21.39%	33.53%
SMALL-CAP
ATGE	1.8B	1.5B	-6.80%	15.92%	15.08	1.2	3.69%	-68.86%
CHGG	701.1M	716.3M	-14.55%	-62.04%	38.56	0.98	-6.60%	-93.18%
LINC	310.9M	378.1M	0.62%	51.78%	11.96	0.82	8.55%	105.78%
APEI	220.0M	600.5M	1.70%	96.41%	-4.65	0.37	-0.95%	58.90%

Chegg Inc News

Latest updates

Chegg Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	19.1%	188	158	183	188	205	165	195	202	207	172	198	198	206	154	153	132	126	94.00	94.00	97.00	96.00
Cost Of Revenue	-45.2%	46.00	84.00	47.00	49.00	51.00	45.00	46.00	55.00	56.00	67.00	61.00	71.00	57.00	62.00	44.00	42.00	26.00	22.00	21.00	23.00	22.00
Gross Profit	91.4%	142	74.00	135	138	154	120	149	147	152	105	138	127	149	92.00	109	89.00	99.00	72.00	73.00	74.00	74.00
Operating Expenses	-2.5%	129	132	154	143	146	131	142	142	126	104	103	110	99.00	109	87.00	86.00	82.00	77.00	67.00	75.00	66.00
S&GA Expenses	3.0%	30.00	29.00	31.00	37.00	38.00	32.00	35.00	42.00	30.00	27.00	22.00	26.00	21.00	25.00	16.00	20.00	16.00	17.00	12.00	19.00	12.00
R&D Expenses	-1.0%	46.00	46.00	53.00	47.00	46.00	45.00	52.00	52.00	48.00	43.00	42.00	46.00	47.00	44.00	40.00	40.00	39.00	36.00	32.00	33.00	33.00
EBITDA Margin	57.4%	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 Expenses	10.2%	-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 Taxes	4611.0%	8.00	0.00	20.00	4.00	0.00	-167	0.00	4.00	1.00	1.00	2.00	3.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-0.24
Earnings Before Taxes	198.1%	18.00	-18.11	44.00	6.00	2.00	84.00	8.00	10.00	26.00	7.00	35.00	-62.36	29.00	-36.07	12.00	-5.19	9.00	-10.85	-1.45	-3.69	5.00
EBT Margin	48.5%	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 Income	152.9%	10.00	-18.28	25.00	2.00	2.00	252	7.00	6.00	24.00	7.00	33.00	-65.18	26.00	-37.14	11.00	-5.71	8.00	-11.48	-2.03	-4.32	5.00
Net Income Margin	79.5%	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 Cashflow	451.9%	52.00	9.00	46.00	56.00	50.00	16.00	36.00	51.00	38.00	43.00	43.00	55.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-4.3%	1,727	1,805	1,969	2,362	2,465	2,398	2,655	2,662	2,919	3,187	3,151	3,194	2,251	2,342	1,540	1,495	1,489	1,464	1,416	1,309	761
Current Assets	19.3%	415	348	447	637	1,144	1,032	1,452	1,247	1,623	1,826	2,116	1,936	1,183	1,299	742	808	807	844	848	1,019	495
Cash Equivalents	43.8%	136	94.00	175	281	474	69.00	402	268	854	714	840	656	482	528	285	359	389	450	556	915	376
Net PPE	8.5%	183	169	198	201	204	202	195	188	170	156	150	134	126	113	106	98.00	87.00	78.00	77.00	73.00	60.00
Goodwill	2.3%	632	618	630	623	615	590	617	641	290	290	291	291	285	285	285	214	215	65.00	149	149	150
Liabilities	1.5%	783	771	934	1,355	1,349	1,351	1,836	1,854	1,812	1,833	1,813	1,950	1,642	1,696	1,042	1,032	990	995	956	881	350
Current Liabilities	245.1%	518	150	143	140	139	143	134	155	114	134	114	251	110	143	90.00	102	71.00	89.00	64.00	73.00	60.00
Shareholder's Equity	-8.6%	945	1,033	1,035	1,007	1,117	1,047	819	809	1,107	1,355	1,338	1,243	610	645	498	463	499	469	460	428	411
Retained Earnings	15.6%	-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%	1,032	1,152	1,122	1,120	1,245	1,221	1,212	1,177	1,449	1,717	1,707	1,645	1,031	1,093	908	890	916	895	873	840	818
Shares Outstanding	-11.1%	103	116	115	120	126	126	129	132	141	141	143	134	-	-	-	-	-	-	-	-	-
Float	-	-	-	999	-	-	-	2,324	-	-	-	11,840	-	-	-	8,183	-	-	-	4,480	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	136.2%	77.00	33.00	63.00	73.00	74.00	38.00	64.00	80.00	65.00	64.00	71.00	74.00	68.00	46.00	59.00	63.00	27.00	39.00	30.00	18.00	30.00
Share Based Compensation	-0.1%	32.00	32.00	36.00	34.00	35.00	34.00	31.00	33.00	33.00	25.00	29.00	23.00	25.00	22.00	20.00	18.00	18.00	17.00	15.00	15.00	15.00
Cashflow From Investing	339.9%	113	26.00	236	-106	343	56.00	69.00	-363	377	-167	190	-764	18.00	-572	-131	-47.26	-93.04	-145	-477	13.00	-36.45
Cashflow From Financing	-7.9%	-149	-138	-404	-158	-11.85	-426	1.00	-307	-301	-22.04	-77.26	868	-133	769	-1.90	-44.17	4.00	2.00	89.00	508	2.00
Buy Backs	-	148	-	35.00	151	-	23.00	-	300	300	-	-	-	-	-	-	-	-	-	-	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 revenues	225,941	197,396	254,904
Gross profit	490,354	569,501	521,361
Operating expenses:
Research and development	191,705	196,637	178,821
Sales and marketing	126,591	147,660	105,414
General and administrative	239,783	216,247	159,019
Total operating expenses	558,079	560,544	443,254
(Loss) income from operations	(67,725)	8,957	78,107
Interest expense, net and other income (expense), net
Interest expense, net	(3,773)	(6,040)	(6,896)
Other income (expense), net	121,810	101,029	(65,472)
Total interest expense, net and other income (expense), net	118,037	94,989	(72,368)
Total income before (provision for) benefit from income taxes	50,312	103,946	5,739
(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)	116,504	127,557	141,262
Diluted (in shares)	128,569	149,859	141,262

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 investments	194,257	583,973
Accounts receivable, net of allowance of $376 and $394 at December 31, 2023 and December 31, 2022, respectively	31,404	23,515
Prepaid expenses	20,980	28,481
Other current assets	32,437	34,754
Total current assets	414,835	1,144,400
Long-term investments	249,547	216,233
Property and equipment, net	183,073	204,383
Goodwill	631,995	615,093
Intangible assets, net	52,430	78,333
Right of use assets	25,130	18,838
Deferred tax assets	141,843	167,524
Other assets	28,382	20,612
Total assets	1,727,235	2,465,416
Current liabilities
Accounts payable	28,184	12,367
Deferred revenue	55,336	56,273
Accrued liabilities	77,863	70,234
Current portion of convertible senior notes, net	357,079	0
Total current liabilities	518,462	138,874
Long-term liabilities
Convertible senior notes, net	242,758	1,188,593
Long-term operating lease liabilities	18,063	13,375
Other long-term liabilities	3,334	7,985
Total long-term liabilities	264,155	1,209,953
Total liabilities	782,617	1,348,827
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, 2022	0	0
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, respectively	103	126
Additional paid-in capital	1,031,627	1,244,504
Accumulated other comprehensive loss	(34,739)	(57,488)
Accumulated deficit	(52,373)	(70,553)
Total stockholders’ equity	944,618	1,116,589
Total liabilities and stockholders’ equity	$ 1,727,235	$ 2,465,416

About Chegg Inc

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	Mr. Daniel Lee Rosensweig
WEBSITE	chegg.com
INDUSTRY	Education & Training Services
EMPLOYEES	3073

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 Tue Apr 16 2024, market cap of Chegg Inc is 701.08 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 Tue Apr 16 2024, CHGG's PE ratio (Price to Earnings) is 38.56 and Price to Sales (PS) ratio is 0.98. 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 0.022 (multiply by 100 for percentage) rate of return.