Chegg, Inc. (CHGG)
NYSE: CHGG · IEX Real-Time Price · USD
4.380
-0.220 (-4.78%)
At close: May 17, 2024, 4:00 PM
4.450
+0.070 (1.60%)
After-hours: May 17, 2024, 7:15 PM EDT

Chegg Statistics

Total Valuation

Chegg has a market cap or net worth of $449.24 million. The enterprise value is $675.32 million.

Market Cap 449.24M
Enterprise Value 675.32M

Important Dates

The last earnings date was Monday, April 29, 2024, after market close.

Earnings Date Apr 29, 2024
Ex-Dividend Date n/a

Share Statistics

Chegg has 102.22 million shares outstanding. The number of shares has decreased by -17.67% in one year.

Shares Outstanding 102.22M
Shares Change (YoY) -17.67%
Shares Change (QoQ) -31.15%
Owned by Insiders (%) 3.24%
Owned by Institutions (%) 98.26%
Float 83.95M

Valuation Ratios

PE Ratio n/a
Forward PE 3.67
PS Ratio 0.64
Forward PS 0.64
PB Ratio 0.47
P/FCF Ratio 3.16
PEG Ratio 0.31
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.66, with an EV/FCF ratio of 4.75.

EV / Earnings 46.34
EV / Sales 0.96
EV / EBITDA 3.66
EV / EBIT 12.34
EV / FCF 4.75

Financial Position

The company has a current ratio of 0.92, with a Debt / Equity ratio of 0.64.

Current Ratio 0.92
Quick Ratio 0.82
Debt / Equity 0.64
Debt / EBITDA 3.34
Debt / FCF 4.34
Interest Coverage 17.35

Financial Efficiency

Return on equity (ROE) is 1.50% and return on invested capital (ROIC) is -1.18%.

Return on Equity (ROE) 1.50%
Return on Assets (ROA) 0.80%
Return on Capital (ROIC) -1.18%
Revenue Per Employee $355,252
Profits Per Employee $7,364
Employee Count 1,979
Asset Turnover 0.39
Inventory Turnover n/a

Taxes

In the past 12 months, Chegg has paid $37.02 million in taxes.

Income Tax 37.02M
Effective Tax Rate 71.75%

Stock Price Statistics

The stock price has decreased by -52.13% in the last 52 weeks. The beta is 1.35, so Chegg's price volatility has been higher than the market average.

Beta (1Y) 1.35
52-Week Price Change -52.13%
50-Day Moving Average 6.71
200-Day Moving Average 8.89
Relative Strength Index (RSI) 20.67
Average Volume (30 Days) 2,895,487

Short Selling Information

The latest short interest is 12.99 million, so 12.71% of the outstanding shares have been sold short.

Short Interest 12.99M
Short Previous Month 13.61M
Short % of Shares Out 12.71%
Short % of Float 15.47%
Short Ratio (days to cover) 4.48

Income Statement

In the last 12 months, Chegg had revenue of $703.04 million and earned $14.57 million in profits.

Revenue 703.04M
Gross Profit 479.76M
Operating Income -65.77M
Pretax Income 51.59M
Net Income 14.57M
EBITDA 184.76M
EBIT 54.74M
Earnings Per Share (EPS) -$0.38
Full Income Statement

Balance Sheet

The company has $390.76 million in cash and $616.84 million in debt, giving a net cash position of -$226.08 million or -$2.21 per share.

Cash & Cash Equivalents 390.76M
Total Debt 616.84M
Net Cash -226.08M
Net Cash Per Share -$2.21
Equity / Book Value 963.47M
Book Value Per Share 9.43
Working Capital -39.25M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $226.36 million and capital expenditures -$84.12 million, giving a free cash flow of $142.24 million.

Operating Cash Flow 226.36M
Capital Expenditures -84.12M
Free Cash Flow 142.24M
FCF Per Share $1.39
Full Cash Flow Statement

Margins

Gross margin is 68.24%, with operating and profit margins of -9.36% and 2.07%.

Gross Margin 68.24%
Operating Margin -9.36%
Pretax Margin 7.34%
Profit Margin 2.07%
EBITDA Margin 26.28%
EBIT Margin 7.79%
FCF Margin 20.23%

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 17.67%
Shareholder Yield 17.67%
Earnings Yield 3.24%
FCF Yield 31.66%
Dividend Details

Analyst Forecast

The average price target for Chegg is $7.38, which is 68.49% higher than the current price. The consensus rating is "Sell".

Price Target $7.38
Price Target Difference 68.49%
Analyst Consensus Sell
Analyst Count 9
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 0.79 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.79
Piotroski F-Score 7