Chegg Inc Stock Analysis

CHGG Stock  USD 0.75  0.01  1.72%   
Chegg Inc is overvalued with Real Value of 0.71 and Hype Value of 0.74. The main objective of Chegg stock analysis is to determine its intrinsic value, which is an estimate of what Chegg Inc is worth, separate from its market price. There are two main types of Chegg's stock analysis: fundamental analysis and technical analysis.
The Chegg stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Chegg's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chegg Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Chegg Stock Analysis Notes

About 80.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.42. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chegg Inc has Price/Earnings To Growth (PEG) ratio of 0.12. The entity recorded a loss per share of 8.1. The firm had not issued any dividends in recent years. 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. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California. Chegg operates under Education Training Services classification in the United States and is traded on New York Stock Exchange. It employs 2464 people. For more info on Chegg Inc please contact Daniel Rosensweig at 408 855 5700 or go to https://www.chegg.com.

Chegg Inc Investment Alerts

Chegg Inc generated a negative expected return over the last 90 days
Chegg Inc has high historical volatility and very poor performance
Chegg Inc has some characteristics of a very speculative penny stock
Chegg Inc has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 617.57 M. Net Loss for the year was (837.07 M) with profit before overhead, payroll, taxes, and interest of 443.51 M.
Over 80.0% of the company shares are held by institutions such as insurance companies

Chegg Inc Upcoming and Recent Events

5th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Chegg Thematic Classifications

In addition to having Chegg stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Books Idea
Books
Books, newspapers, periodicals, and publishing
Education Idea
Education
Tutoring, learning, and education services

Chegg Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 80.93 M.

Chegg Profitablity

The company has Profit Margin (PM) of (1.36) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.02) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.02.

Technical Drivers

As of the 20th of March, Chegg shows the risk adjusted performance of (0.15), and Mean Deviation of 4.6. Chegg Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Chegg Inc standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Chegg Inc is priced correctly, providing market reflects its regular price of 0.7527 per share. As Chegg Inc is a penny stock we also strongly suggest to validate its jensen alpha numbers.

Chegg Inc Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Chegg middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Chegg Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Chegg Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chegg insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chegg's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chegg insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Chegg Outstanding Bonds

Chegg issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Chegg Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Chegg bonds can be classified according to their maturity, which is the date when Chegg Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Chegg Predictive Daily Indicators

Chegg intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Chegg stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Chegg Forecast Models

Chegg's time-series forecasting models are one of many Chegg's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Chegg's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Chegg Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Chegg prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Chegg shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Chegg. By using and applying Chegg Stock analysis, traders can create a robust methodology for identifying Chegg entry and exit points for their positions.
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. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California. Chegg operates under Education Training Services classification in the United States and is traded on New York Stock Exchange. It employs 2464 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Chegg to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Headlines Timeline Now

   

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
All  Next Launch Module

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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities