chegg inc. - CHGG

CHGG

Close Chg Chg %
1.74 0.07 3.75%

Closed Market

1.80

+0.07 (3.75%)

Volume: 2.91M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: chegg inc. - CHGG

CHGG Key Data

Open

$1.75

Day Range

1.66 - 1.81

52 Week Range

1.34 - 11.48

Market Cap

$180.45M

Shares Outstanding

104.31M

Public Float

98.53M

Beta

1.31

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$7.99

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.98M

 

CHGG Performance

1 Week
 
4.65%
 
1 Month
 
12.50%
 
3 Months
 
-18.92%
 
1 Year
 
-82.27%
 
5 Years
 
-95.08%
 

CHGG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About chegg inc. - CHGG

Chegg, Inc. engages in providing support and a learning platform for students. Its services include Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, Busuu offerings, Chegg Skills, advertising services, print textbooks, and eTextbooks offerings. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.

CHGG At a Glance

Chegg, Inc.
3990 Freedom Circle
Santa Clara, California 95054
Phone 1-408-855-5700 Revenue 716.30M
Industry Miscellaneous Commercial Services Net Income 18.18M
Sector Commercial Services Employees 1,979
Fiscal Year-end 12 / 2024
View SEC Filings

CHGG Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 2.039
Price to Book Ratio 1.237
Price to Cash Flow Ratio 5.932
Enterprise Value to EBITDA 15.003
Enterprise Value to Sales 2.441
Total Debt to Enterprise Value 0.353

CHGG Efficiency

Revenue/Employee 361,947.954
Income Per Employee 9,186.458
Receivables Turnover 22.809
Total Asset Turnover 0.342

CHGG Liquidity

Current Ratio 0.80
Quick Ratio 0.80
Cash Ratio 0.637

CHGG Profitability

Gross Margin 73.796
Operating Margin -1.84
Pretax Margin 7.024
Net Margin 2.538
Return on Assets 0.867
Return on Equity 1.764
Return on Total Capital 1.164
Return on Invested Capital 1.032

CHGG Capital Structure

Total Debt to Total Equity 65.413
Total Debt to Total Capital 39.545
Total Debt to Total Assets 35.774
Long-Term Debt to Equity 27.611
Long-Term Debt to Total Capital 16.692
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Chegg Inc. - CHGG

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
644.34M 776.26M 766.90M 716.29M
Sales Growth
+56.80% +20.47% -1.21% -6.60%
Cost of Goods Sold (COGS) incl D&A
205.42M 254.90M 197.40M 187.70M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
62.41M 74.13M 91.61M 129.72M
Depreciation
48.12M 60.43M 65.71M 105.32M
Amortization of Intangibles
14.30M 13.70M 25.90M 24.40M
COGS Growth
+122.84% +24.09% -22.56% -4.91%
Gross Income
438.92M 521.36M 569.50M 528.60M
Gross Income Growth
+37.70% +18.78% +9.23% -7.18%
Gross Profit Margin
+68.12% +67.16% +74.26% +73.80%
2020 2021 2022 2023 5-year trend
SG&A Expense
379.07M 439.88M 554.74M 541.78M
Research & Development
170.91M 178.82M 196.64M 191.71M
Other SG&A
208.16M 261.06M 358.11M 350.07M
SGA Growth
+26.43% +16.04% +26.11% -2.34%
Other Operating Expense
- - - -
-
Unusual Expense
3.10M 3.38M (92.35M) (31.38M)
EBIT after Unusual Expense
56.75M 78.11M 107.10M 18.20M
Non Operating Income/Expense
8.68M (65.47M) 2.88M 35.88M
Non-Operating Interest Income
- - 12.43M 37.41M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
66.30M 6.90M 6.04M 3.77M
Interest Expense Growth
+47.82% -89.60% -12.41% -37.53%
Gross Interest Expense
66.30M 6.90M 6.04M 3.77M
Interest Capitalized
- - - -
-
Pretax Income
(861.00K) 5.74M 103.95M 50.31M
Pretax Income Growth
+87.65% +766.55% +1,711.22% -51.60%
Pretax Margin
-0.13% +0.74% +13.55% +7.02%
Income Tax
5.36M 7.20M (162.69M) 32.13M
Income Tax - Current - Domestic
459.00K 852.00K 2.29M 5.52M
Income Tax - Current - Foreign
5.01M 7.45M 3.70M 33.00K
Income Tax - Deferred - Domestic
442.00K 468.00K (167.23M) 27.84M
Income Tax - Deferred - Foreign
(551.00K) (1.57M) (1.45M) (1.27M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(6.22M) (1.46M) 266.64M 18.18M
Minority Interest Expense
- - - -
-
Net Income
(6.22M) (1.46M) 266.64M 18.18M
Net Income Growth
+35.23% +76.56% +18,387.93% -93.18%
Net Margin Growth
-0.97% -0.19% +34.77% +2.54%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(6.22M) (1.46M) 266.64M 18.18M
Preferred Dividends
- - - -
-
Net Income Available to Common
(6.22M) (1.46M) 266.64M 18.18M
EPS (Basic)
-0.0496 -0.0103 2.0903 0.156
EPS (Basic) Growth
+38.46% +79.23% +20,394.17% -92.54%
Basic Shares Outstanding
125.37M 141.26M 127.56M 116.50M
EPS (Diluted)
-0.0496 -0.0103 1.7793 -0.3384
EPS (Diluted) Growth
+38.46% +79.23% +17,374.76% -119.02%
Diluted Shares Outstanding
125.37M 141.26M 149.86M 128.57M
EBITDA
122.27M 155.62M 106.36M 116.53M
EBITDA Growth
+141.57% +27.28% -31.65% +9.56%
EBITDA Margin
+18.98% +20.05% +13.87% +16.27%

Snapshot

Average Recommendation HOLD Average Target Price 2.821
Number of Ratings 12 Current Quarters Estimate 0.194
FY Report Date 12 / 2024 Current Year's Estimate 0.79
Last Quarter’s Earnings 0.09 Median PE on CY Estimate N/A
Year Ago Earnings 1.10 Next Fiscal Year Estimate 0.693
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 10 10 10 11
Mean Estimate 0.19 0.18 0.79 0.69
High Estimates 0.32 0.23 0.90 1.00
Low Estimate 0.14 0.15 0.73 0.45
Coefficient of Variance 27.13 15.65 6.09 22.24

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 10 12 12
UNDERWEIGHT 0 0 0
SELL 2 2 2
MEAN Hold Hold Hold

Insider Actions for Chegg Inc. - CHGG

Date Name Shares Transaction Value
Jul 17, 2024 David Longo CFO & Treasurer 319,638 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $2.98 per share 952,521.24
Jun 5, 2024 Daniel L. Rosensweig EXECUTIVE CHAIRMAN; Director 2,107,845 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Nathan Schultz CEO and President; Director 709,964 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 17, 2024 David Longo CFO & Treasurer 322,604 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 15, 2024 Daniel L. Rosensweig PRESIDENT, CEO & CO-CHAIRMAN; Director 1,783,101 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $8.02 per share 14,300,470.02
Mar 15, 2024 Nathan Schultz CHIEF OPERATING OFFICER 221,105 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $8.02 per share 1,773,262.10
Dec 6, 2023 Andrew J. Brown CHIEF FINANCIAL OFFICER 291,920 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $10.23 per share 2,986,341.60
Dec 6, 2023 Andrew J. Brown CHIEF FINANCIAL OFFICER 290,894 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $10.23 per share 2,975,845.62
Dec 6, 2023 Nathan Schultz CHIEF OPERATING OFFICER 426,802 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $10.13 per share 4,323,504.26

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