Chegg Inc Stock Today
| CHGG Stock | USD 2.11 0.19 8.26% |
Performance2 of 100
| Odds Of DistressLess than 44
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Chegg is trading at 2.11 as of the 30th of November 2024. This is a 8.26 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.09. Chegg has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Chegg Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 13th of November 2013 | Category Consumer Defensive | Classification Consumer Discretionary |
Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course materials. The company has 104.31 M outstanding shares of which 10.68 M shares are currently shorted by private and institutional investors with about 2.56 trading days to cover. More on Chegg Inc
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Chegg Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Richard Sarnoff | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Education (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Consumer Services, Education & Training Services, Consumer Discretionary, NYSE Composite, Education, Consumer Discretionary, Diversified Consumer Services, Education & Training Services, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsChegg can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Chegg's financial leverage. It provides some insight into what part of Chegg's total assets is financed by creditors.
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Chegg Inc (CHGG) is traded on New York Stock Exchange in USA. It is located in 3990 Freedom Circle, Santa Clara, CA, United States, 95054 and employs 3,043 people. Chegg is listed under Diversified Consumer Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 239.91 M. Chegg Inc conducts business under Diversified Consumer Services sector and is part of Consumer Discretionary industry. The entity has 104.31 M outstanding shares of which 10.68 M shares are currently shorted by private and institutional investors with about 2.56 trading days to cover.
Chegg Inc currently holds about 1.38 B in cash with 246.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationChegg holds a total of 104.31 Million outstanding shares. The majority of Chegg Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Chegg Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Chegg. Please pay attention to any change in the institutional holdings of Chegg Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Chegg Ownership Details
Chegg Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Two Sigma Investments Llc | 2024-09-30 | 2.1 M | |
| Two Sigma Advisers, Llc | 2024-06-30 | 2 M | |
| Quinn Opportunity Partners Llc | 2024-09-30 | 1.9 M | |
| Citadel Advisors Llc | 2024-09-30 | 1.6 M | |
| Renaissance Technologies Corp | 2024-09-30 | 1.4 M | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 1.4 M | |
| Mitsubishi Ufj Trust & Banking Corp | 2024-09-30 | 1.2 M | |
| Divisadero Street Capital Management, Lp | 2024-09-30 | 1.1 M | |
| Walleye Trading Advisors, Llc | 2024-06-30 | 1 M | |
| Vanguard Group Inc | 2024-09-30 | 9.6 M | |
| Blackrock Inc | 2024-06-30 | 9.4 M |
Chegg Historical Income Statement
Chegg Stock Against Markets
Chegg Corporate Directors
| Sarah Bond | Independent Director | Profile | |
| Renee Budig | Independent Director | Profile | |
| Marne Levine | Independent Director | Profile | |
| Marcela Martin | Independent Director | Profile |
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Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chegg. If investors know Chegg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chegg listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.996 | Earnings Share (8.18) | Revenue Per Share 6.34 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0192 |
The market value of Chegg Inc is measured differently than its book value, which is the value of Chegg that is recorded on the company's balance sheet. Investors also form their own opinion of Chegg's value that differs from its market value or its book value, called intrinsic value, which is Chegg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chegg's market value can be influenced by many factors that don't directly affect Chegg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chegg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chegg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chegg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.