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Chegg, Inc. (CHGG)

Stock Price: $74.50 USD -2.46 (-3.20%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed
Pre-market: $74.49 -0.01 (-0.01%) Aug 13, 6:34 AM

Stock Price Chart

Key Info

Market Cap 9.26B
Revenue (ttm) 504.25M
Net Income (ttm) -11.00M
Shares Out 124.31M
EPS (ttm) 0.01
PE Ratio 7,450.00
Forward PE 59.17
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 12, 2020
Last Price $74.50
Previous Close $76.96
Change ($) -2.46
Change (%) -3.20%
Day's Open 77.25
Day's Range 73.93 - 77.62
Day's Volume 4,344,135
52-Week Range 25.89 - 89.82

More Stats

Market Cap 9.26B
Enterprise Value 9.43B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date n/a
Shares Outstanding 124.31M
Float 120.05M
EPS (basic) -0.1
EPS (diluted) 0.01
FCF / Share 0.62
Dividend n/a
Dividend Yield n/a
Earnings Yield 0.01%
FCF Yield 0.82%
Payout Ratio n/a
Shares Short 13.30M
Short Ratio 5.09
Short % of Float 12.45%
Beta 1.12
PE Ratio 7,450.00
Forward PE 59.17
P/FCF Ratio 122.61
PS Ratio 18.37
PB Ratio 19.20
Revenue 504.25M
Operating Income 22.12M
Net Income -11.00M
Free Cash Flow 75.54M
Net Cash -167.60M
Net Cash / Share -1.35
Gross Margin 63.21%
Operating Margin 4.39%
Profit Margin -2.50%
FCF Margin 14.98%
ROA 1.62%
ROE 0.34%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (14)

Buy 10
Overweight 1
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$94.23*
(26.48% upside)
Low
77.0
Current: $74.50
High
105.0
Target: 94.23
*Average 12-month price target from 13 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue411321255254301305256213172149
Revenue Growth27.98%25.88%0.38%-15.69%-1.14%19.27%19.8%24.02%15.51%-
Gross Profit31924117513411293.8580.5267.6745.0134.71
Operating Income17.82-6.22-18.97-40.07-57.70-65.13-51.03-45.26-36.10-23.59
Net Income-9.61-14.89-20.28-42.25-59.21-64.76-55.85-49.04-37.60-25.98
Shares Outstanding11911310090.5386.8283.2120.9011.188.456.95
Earnings Per Share-0.08-0.13-0.20-0.47-0.68-0.78-7.58-4.39-4.45-3.74
Operating Cash Flow11375.1151.5524.26-0.0868.4863.7154.6832.7555.87
Capital Expenditures-42.33-31.22-19.200.07-2.29-59.78-91.67-85.59-45.92-116
Free Cash Flow71.0843.8932.3524.33-2.378.70-27.96-30.91-13.17-60.62
Cash & Equivalents76946820877.3384.8389.4611421.0334.610.00
Total Debt920284-----19.3920.50-
Net Cash / Debt-15218420877.3384.8389.461141.6414.110.00
Assets1,489761447291291318327196196-
Liabilities99035055.8768.7160.2871.0853.1375.2966.01-
Book Value499411391222231247274-86.13-51.89-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Chegg, Inc.
Country United States
Employees 1,401
CEO Daniel L. Rosensweig

Stock Information

Ticker Symbol CHGG
Stock Exchange New York Stock Exchange
Sector Consumer Defensive
Industry Education & Training Services
Unique Identifier NYSE: CHGG
IPO Date November 13, 2013

Description

Chegg, Inc. operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them pass their test, pass their class, and save money on required materials. The company offers Chegg Services, which include digital products and services; and required materials that comprise its print textbooks and eTextbooks. Its digital products and services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that enables generate sources in the required formats, when students need to cite their sources in written work; Chegg Tutors that allow students find human help on its learning platform through a network of live tutors; Chegg Math solver, a step-by-step math problem solver and calculator that helps students to solve problems; and Thinkful, a skills-based learning platform that offers professional courses in the areas of software engineering, data science, data analytics, product design, and product management directly to students. The company also provides other services, such as Chegg Prep and internships, college admission and scholarship services; rents and sells print textbooks and eTextbooks; and offers supplemental materials. Chegg, Inc. was founded in 2005 and is headquartered in Santa Clara, California.