Chegg Inc [NYSE: CHGG] plunged by -$0.13 during the normal trading session on Monday and reaching a high of $1.73 during the day while it closed the day at $1.41.
Chegg Inc stock has also loss -9.62% of its value over the past 7 days. However, CHGG stock has inclined by 4.44% in the 3 months of the year. Over the past six months meanwhile, it has gained 78.46% and lost -26.56% year-on date.
The market cap for CHGG stock reached $152.75 million, with 107.82 million shares outstanding and 101.06 million shares in the current float. Compared to the average trading volume of 3.30M shares, CHGG reached a trading volume of 10652640 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Chegg Inc [CHGG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CHGG shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CHGG stock is a recommendation set at 3.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Chegg Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on April 08, 2025. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $2 to $1.25. The new note on the price target was released on January 14, 2025, representing the official price target for Chegg Inc stock. On July 16, 2024, analysts decreased their price target for CHGG shares from 6.50 to 3.25.
The Price to Book ratio for the last quarter was 0.96, with the Price to Cash per share for the same quarter was set at 0.80. Price to Free Cash Flow for CHGG in the course of the last twelve months was 4.73 with Quick ratio for the last quarter at 0.90.
CHGG stock trade performance evaluation
Chegg Inc [CHGG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.62. With this latest performance, CHGG shares gained by 11.90% in over the last four-week period, additionally plugging by 78.46% over the last 6 months – not to mention a drop of -12.42% in the past year of trading.
Chegg Inc [CHGG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Chegg Inc [CHGG] shares currently have an operating margin of -11.45% and a Gross Margin at 65.03%. Chegg Inc’s Net Margin is presently recorded at -53.68%.
Chegg Inc (CHGG) Capital Structure & Debt Analysis
According to recent financial data for Chegg Inc. ( CHGG), the Return on Equity (ROE) stands at -103.91%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -35.81%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Chegg Inc’s Return on Invested Capital (ROIC) is -154.89%, showcasing its effectiveness in deploying capital for earnings.
Chegg Inc (CHGG) Efficiency & Liquidity Metrics
Based on Chegg Inc’s (CHGG) latest financial statements, the Debt-to-Equity Ratio is 0.54%, indicating its reliance on debt financing relative to shareholder equity.
Chegg Inc (CHGG) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Chegg Inc. (CHGG) effectively leverages its workforce, generating an average of -$213933.91 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.90% and a Quick Ratio of 0.90%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Chegg Inc [CHGG] stock
With the latest financial reports released by the company, Chegg Inc posted 0.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.07/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CHGG.
Chegg Inc [CHGG]: Institutional Ownership
There are presently around $49.32%, or 51.31%% of CHGG stock, in the hands of institutional investors. The top three institutional holders of CHGG stocks are: VANGUARD GROUP INC with ownership of 11.47 million shares, which is approximately 11.1786%. BLACKROCK INC., holding 9.41 million shares of the stock with an approximate value of $$29.72 million in CHGG stocks shares; and BLACKROCK INC., currently with $$17.2 million in CHGG stock with ownership which is approximately 5.3059%.
