In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Chegg Inc (NYSE: CHGG) closed the day trading at $0.86 down -9.31% from the previous closing price of $0.95. In other words, the price has decreased by -$9.31 from its previous closing price. On the day, 3.08 million shares were traded.
Ratios:
For a better understanding of CHGG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.43.
On January 14, 2025, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $2 to $1.25.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.49.
Stock Price History:
Over the past 52 weeks, CHGG has reached a high of $3.92, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is 24.79%, while the 200-Day Moving Average is calculated to be -40.62%.
Shares Statistics:
A total of 105.38M shares are outstanding, with a floating share count of 98.94M. Insiders hold about 7.16% of the company’s shares, while institutions hold 63.34% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 3.0 different market analysts. The consensus estimate for the next quarter is $0.02, with high estimates of $0.04 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.16 and $0.03 for the fiscal current year, implying an average EPS of $0.12. EPS for the following year is $0.15, with 4.0 analysts recommending between $0.32 and -$0.08.
Revenue Estimates
5 analysts predict $100.89M in revenue for the current quarter. It ranges from a high estimate of $101.5M to a low estimate of $100M. As of the current estimate, Chegg Inc’s year-ago sales were $163.15MFor the next quarter, 5 analysts are estimating revenue of $89.64M. There is a high estimate of $93.63M for the next quarter, whereas the lowest estimate is $86.7M.
A total of 5 analysts have provided revenue estimates for CHGG’s current fiscal year. The highest revenue estimate was $427.3M, while the lowest revenue estimate was $402.8M, resulting in an average revenue estimate of $413.47M. In the same quarter a year ago, actual revenue was $617.57MBased on 5 analysts’ estimates, the company’s revenue will be $367.63M in the next fiscal year. The high estimate is $407.09M and the low estimate is $342.1M.
