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 to learn their course materials, succeed in their classes, and save money on required materials.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$78.25|
|52 Week High||US$63.75|
|52 Week Low||US$115.21|
|1 Month Change||1.05%|
|3 Month Change||-2.18%|
|1 Year Change||22.08%|
|3 Year Change||148.26%|
|5 Year Change||989.83%|
|Change since IPO||708.37%|
Recent News & Updates
What Is Chegg, Inc.'s (NYSE:CHGG) Share Price Doing?
Chegg, Inc. ( NYSE:CHGG ) saw significant share price movement during recent months on the NYSE, rising to highs of...
Returns On Capital Are Showing Encouraging Signs At Chegg (NYSE:CHGG)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Chegg: A Well-Recognized Edtech Positioned For Growth
The e-learning industry is poised for strong growth over the next decade. Chegg has strong brand recognition which positions it well to take advantage of industry trends. The company is trading at a premium.
Are Investors Undervaluing Chegg, Inc. (NYSE:CHGG) By 48%?
How far off is Chegg, Inc. ( NYSE:CHGG ) from its intrinsic value? Using the most recent financial data, we'll take a...
|CHGG||US Consumer Services||US Market|
Return vs Industry: CHGG exceeded the US Consumer Services industry which returned -53.8% over the past year.
Return vs Market: CHGG underperformed the US Market which returned 33.8% over the past year.
Stable Share Price: CHGG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CHGG's weekly volatility (5%) has been stable over the past year.
About the Company
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 to learn their course materials, succeed in their classes, and save money on required materials. The company offers Chegg Services, which include subscription services; and required materials that comprise its 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 solver, 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, Chegg Math Solver, video content, and practice quizzes, which creates an integrated platform of connected academic support services; and Thinkful, a skills-based learning platform that offers professional courses in the areas of software engineering, UX/UI design, digital marketing, data science, product management, data analytics, product design, and technical project management directly to students.
Chegg Fundamentals Summary
|CHGG fundamental statistics|
Is CHGG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CHGG income statement (TTM)|
|Cost of Revenue||US$251.60m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.33|
|Net Profit Margin||-5.75%|
How did CHGG perform over the long term?See historical performance and comparison
Is Chegg undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CHGG ($78.25) is trading above our estimate of fair value ($71.86)
Significantly Below Fair Value: CHGG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CHGG is unprofitable, so we can't compare its PE Ratio to the US Consumer Services industry average.
PE vs Market: CHGG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CHGG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CHGG is overvalued based on its PB Ratio (8.5x) compared to the US Consumer Services industry average (1.9x).
How is Chegg forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CHGG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CHGG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CHGG's is expected to become profitable in the next 3 years.
Revenue vs Market: CHGG's revenue (16.7% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: CHGG's revenue (16.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CHGG's Return on Equity is forecast to be low in 3 years time (19.1%).
How has Chegg performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHGG is currently unprofitable.
Growing Profit Margin: CHGG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CHGG is unprofitable, but has reduced losses over the past 5 years at a rate of 9.3% per year.
Accelerating Growth: Unable to compare CHGG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CHGG is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (35.4%).
Return on Equity
High ROE: CHGG has a negative Return on Equity (-3.25%), as it is currently unprofitable.
How is Chegg's financial position?
Financial Position Analysis
Short Term Liabilities: CHGG's short term assets ($2.1B) exceed its short term liabilities ($113.5M).
Long Term Liabilities: CHGG's short term assets ($2.1B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: CHGG's debt to equity ratio (125.2%) is considered high.
Reducing Debt: Insufficient data to determine if CHGG's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CHGG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CHGG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.2% per year.
What is Chegg current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CHGG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CHGG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CHGG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CHGG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CHGG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Rosensweig (59 yo)
Mr. Daniel Lee Rosensweig, also known as Dan, has been the Chief Executive Officer and President of Chegg, Inc. since February 2010. Mr. Rosensweig serves as a Senior Advisor of TPG Capital, L.P. He serves...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD10.38M) is about average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.
Experienced Management: CHGG's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: CHGG's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.4%.
Chegg, Inc.'s employee growth, exchange listings and data sources
- Name: Chegg, Inc.
- Ticker: CHGG
- Exchange: NYSE
- Founded: 2005
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: US$11.321b
- Shares outstanding: 144.68m
- Website: https://www.chegg.com
Number of Employees
- Chegg, Inc.
- 3990 Freedom Circle
- Santa Clara
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 22:12|
|End of Day Share Price||2021/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.