Chegg Financials
0CG Stock | EUR 1.76 0.12 6.38% |
Chegg |
Understanding current and past Chegg Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Chegg's financial statements are interrelated, with each one affecting the others. For example, an increase in Chegg's assets may result in an increase in income on the income statement.
Chegg Stock Summary
Chegg competes with IDP EDUCATION, TAL Education, Grand Canyon, Graham Holdings, and Strategic Education. Chegg, Inc. operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them to learn their course materials, succeed in their classes, and save money on required materials. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California. CHEGG INC operates under Education Training Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2431 people.Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US1630921096 |
Business Address | 3990 Freedom Circle, |
Sector | Consumer Defensive |
Industry | Education & Training Services |
Benchmark | Dow Jones Industrial |
Website | www.chegg.com |
Phone | 408 855 5700 |
Currency | EUR - Euro |
You should never invest in Chegg without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Chegg Stock, because this is throwing your money away. Analyzing the key information contained in Chegg's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Chegg Key Financial Ratios
There are many critical financial ratios that Chegg's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Chegg Inc reports annually and quarterly.Return On Equity | 0.24 | |||
Return On Asset | 0.0034 | |||
Target Price | 107.06 | |||
Beta | 1.03 | |||
Z Score | 0.6 |
Chegg Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Chegg's current stock value. Our valuation model uses many indicators to compare Chegg value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chegg competition to find correlations between indicators driving Chegg's intrinsic value. More Info.Chegg Inc is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.01 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Chegg Inc is roughly 70.53 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Chegg's earnings, one of the primary drivers of an investment's value.Chegg Inc Systematic Risk
Chegg's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Chegg volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Chegg Inc correlated with the market. If Beta is less than 0 Chegg generally moves in the opposite direction as compared to the market. If Chegg Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chegg Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chegg is generally in the same direction as the market. If Beta > 1 Chegg moves generally in the same direction as, but more than the movement of the benchmark.
Chegg December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Chegg help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Chegg Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chegg Inc based on widely used predictive technical indicators. In general, we focus on analyzing Chegg Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chegg's daily price indicators and compare them against related drivers.
Downside Deviation | 5.84 | |||
Information Ratio | 0.0534 | |||
Maximum Drawdown | 31.19 | |||
Value At Risk | (7.83) | |||
Potential Upside | 11.4 |
Complementary Tools for Chegg Stock analysis
When running Chegg's price analysis, check to measure Chegg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chegg is operating at the current time. Most of Chegg's value examination focuses on studying past and present price action to predict the probability of Chegg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chegg's price. Additionally, you may evaluate how the addition of Chegg to your portfolios can decrease your overall portfolio volatility.
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