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As of close of business last night, Chegg Inc’s stock clocked out at $0.72, down -1.06% from its previous closing price of $0.73. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 0.92 million shares were traded.
Ratios:
To gain a deeper understanding of CHGG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 0.76.
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 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.39.
Stock Price History:
Over the past 52 weeks, CHGG has reached a high of $5.32, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is 2.51%, while the 200-Day Moving Average is calculated to be -55.30%.
Shares Statistics:
A total of 104.88M shares are outstanding, with a floating share count of 97.83M. Insiders hold about 7.16% of the company’s shares, while institutions hold 75.60% stake in the company.
Earnings Estimates
The performance of Chegg Inc (CHGG) in the stock market is under the watchful eye of 5.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.03, with high estimates of $0.06 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.2 and $0.03 for the fiscal current year, implying an average EPS of $0.12. EPS for the following year is $0.06, with 4.0 analysts recommending between $0.14 and -$0.04.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $114.61M. It ranges from a high estimate of $115.2M to a low estimate of $114M. As of the current estimate, Chegg Inc’s year-ago sales were $174.35MFor the next quarter, 6 analysts are estimating revenue of $110.54M. There is a high estimate of $121.74M for the next quarter, whereas the lowest estimate is $106M.
A total of 6 analysts have provided revenue estimates for CHGG’s current fiscal year. The highest revenue estimate was $479.1M, while the lowest revenue estimate was $411.8M, resulting in an average revenue estimate of $431.35M. In the same quarter a year ago, actual revenue was $617.57MBased on 5 analysts’ estimates, the company’s revenue will be $383.79M in the next fiscal year. The high estimate is $423.66M and the low estimate is $342M.
