Market Recap: Chegg Inc (CHGG)’s Positive Momentum, Closing at 1.3

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The closing price of Chegg Inc (NYSE: CHGG) was $1.3 for the day, up 3.17% from the previous closing price of $1.26. In other words, the price has increased by $3.17 from its previous closing price. On the day, 18.01 million shares were traded. CHGG stock price reached its highest trading level at $1.4 during the session, while it also had its lowest trading level at $1.27.

Ratios:

Our analysis of CHGG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.39. 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.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 06 ’25 when BUDIG RENEE VARNI sold 27,973 shares for $1.41 per share. The transaction valued at 39,554 led to the insider holds 85,742 shares of the business.

RENEE BUDIG bought 27,973 shares of CHGG for $39,559 on Jun 06 ’25.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHGG now has a Market Capitalization of 138540992 and an Enterprise Value of 135016592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.239 whereas that against EBITDA is 2.023.

Stock Price History:

The Beta on a monthly basis for CHGG is 1.82, which has changed by -0.5652174 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, CHGG has reached a high of $3.81, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is 29.07%, while the 200-Day Moving Average is calculated to be -5.45%.

Shares Statistics:

CHGG traded an average of 3.34M shares per day over the past three months and 4713400 shares per day over the past ten days. A total of 105.38M shares are outstanding, with a floating share count of 98.91M. Insiders hold about 7.19% of the company’s shares, while institutions hold 63.34% stake in the company. Shares short for CHGG as of 1749772800 were 7774839 with a Short Ratio of 2.33, compared to 1747267200 on 10837369. Therefore, it implies a Short% of Shares Outstanding of 7774839 and a Short% of Float of 7.510000499999999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Investors are eagerly awaiting the insights provided by 2.0 analysts currently analyzing and rating the stock of Chegg Inc (CHGG).The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.03.

Analysts are recommending an EPS of between $0.16 and $0.16 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.13, with 3.0 analysts recommending between $0.32 and -$0.08.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $110M to a low estimate of $100M. As of the current estimate, Chegg Inc’s year-ago sales were $163.15MFor the next quarter, 4 analysts are estimating revenue of $89.79M. There is a high estimate of $96.87M for the next quarter, whereas the lowest estimate is $86.7M.

A total of 4 analysts have provided revenue estimates for CHGG’s current fiscal year. The highest revenue estimate was $433.12M, while the lowest revenue estimate was $402.8M, resulting in an average revenue estimate of $415.25M. In the same quarter a year ago, actual revenue was $617.57MBased on 3 analysts’ estimates, the company’s revenue will be $376.99M in the next fiscal year. The high estimate is $407.09M and the low estimate is $345.4M.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.