Chegg Statistics
Total Valuation
Chegg has a market cap or net worth of $701.08 million. The enterprise value is $988.97 million.
| Market Cap | 701.08M |
| Enterprise Value | 988.97M |
Important Dates
The next confirmed earnings date is Monday, April 29, 2024, after market close.
| Earnings Date | Apr 29, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Chegg has 102.95 million shares outstanding. The number of shares has decreased by -14.21% in one year.
| Shares Outstanding | 102.95M |
| Shares Change (YoY) | -14.21% |
| Shares Change (QoQ) | +28.80% |
| Owned by Insiders (%) | 3.26% |
| Owned by Institutions (%) | 101.36% |
| Float | 84.30M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 5.94 |
| PS Ratio | 0.98 |
| Forward PS | 1.00 |
| PB Ratio | 0.74 |
| P/FCF Ratio | 4.05 |
| PEG Ratio | 0.31 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.21, with an EV/FCF ratio of 5.72.
| EV / Earnings | 54.40 |
| EV / Sales | 1.38 |
| EV / EBITDA | 5.21 |
| EV / EBIT | 18.29 |
| EV / FCF | 5.72 |
Financial Position
The company has a current ratio of 0.80, with a Debt / Equity ratio of 0.65.
| Current Ratio | 0.80 |
| Quick Ratio | 0.70 |
| Debt / Equity | 0.65 |
| Debt / EBITDA | 3.25 |
| Debt / FCF | 3.57 |
| Interest Coverage | 14.33 |
Financial Efficiency
Return on equity (ROE) is 1.80% and return on invested capital (ROIC) is -1.57%.
| Return on Equity (ROE) | 1.80% |
| Return on Assets (ROA) | 0.90% |
| Return on Capital (ROIC) | -1.57% |
| Revenue Per Employee | $361,948 |
| Profits Per Employee | $9,186 |
| Employee Count | 1,979 |
| Asset Turnover | 0.36 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Chegg has paid $32.13 million in taxes.
| Income Tax | 32.13M |
| Effective Tax Rate | 63.87% |
Stock Price Statistics
The stock price has decreased by -63.07% in the last 52 weeks. The beta is 1.28, so Chegg's price volatility has been higher than the market average.
| Beta (1Y) | 1.28 |
| 52-Week Price Change | -63.07% |
| 50-Day Moving Average | 7.88 |
| 200-Day Moving Average | 9.27 |
| Relative Strength Index (RSI) | 35.04 |
| Average Volume (30 Days) | 2,672,209 |
Short Selling Information
The latest short interest is 13.61 million, so 13.22% of the outstanding shares have been sold short.
| Short Interest | 13.61M |
| Short Previous Month | 14.89M |
| Short % of Shares Out | 13.22% |
| Short % of Float | 16.14% |
| Short Ratio (days to cover) | 6.07 |
Income Statement
In the last 12 months, Chegg had revenue of $716.30 million and earned $18.18 million in profits.
| Revenue | 716.30M |
| Gross Profit | 490.35M |
| Operating Income | -67.73M |
| Pretax Income | 50.31M |
| Net Income | 18.18M |
| EBITDA | 189.88M |
| EBIT | 54.09M |
| Earnings Per Share (EPS) | -$0.34 |
Balance Sheet
The company has $330.01 million in cash and $617.90 million in debt, giving a net cash position of -$287.89 million or -$2.80 per share.
| Cash & Cash Equivalents | 330.01M |
| Total Debt | 617.90M |
| Net Cash | -287.89M |
| Net Cash Per Share | -$2.80 |
| Equity / Book Value | 944.62M |
| Book Value Per Share | 9.18 |
| Working Capital | -103.63M |
Cash Flow
In the last 12 months, operating cash flow was $246.20 million and capital expenditures -$73.27 million, giving a free cash flow of $172.93 million.
| Operating Cash Flow | 246.20M |
| Capital Expenditures | -73.27M |
| Free Cash Flow | 172.93M |
| FCF Per Share | $1.48 |
Margins
Gross margin is 68.46%, with operating and profit margins of -9.45% and 2.54%.
| Gross Margin | 68.46% |
| Operating Margin | -9.45% |
| Pretax Margin | 7.02% |
| Profit Margin | 2.54% |
| EBITDA Margin | 26.51% |
| EBIT Margin | 7.55% |
| FCF Margin | 24.14% |
Dividends & Yields
Chegg does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 14.21% |
| Shareholder Yield | 14.21% |
| Earnings Yield | 2.59% |
| FCF Yield | 24.67% |
Analyst Forecast
The average price target for Chegg is $10.55, which is 54.92% higher than the current price. The consensus rating is "Hold".
| Price Target | $10.55 |
| Price Target Difference | 54.92% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Chegg has an Altman Z-Score of 0.94 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.94 |
| Piotroski F-Score | 7 |