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Chegg (DE:0CG)
FRANKFURT:0CG
Holding DE:0CG?
Track your performance easily
0CG Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€1.72 - €10.24
Previous Close€1.86
Volume0.00
Average Volume (3M)554.00
Market Cap
€205.35M
Enterprise Value€448.58M
Total Cash (Recent Filing)$345.46M
Total Debt (Recent Filing)$616.51M
Price to Earnings (P/E)―
Beta1.01
Next Earnings
Oct 28, 2024EPS Estimate
€0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding103,669,879
10 Day Avg. Volume0
30 Day Avg. Volume554
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.41
Price to Sales (P/S)0.46
Price to Cash Flow (P/CF)4.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.66
Enterprise Value/Gross Profit0.91
Enterprise Value/Ebitda-1.15
Forecast
1Y Price Target
€3.35Price Target Upside79.79% Upside
Rating ConsensusHold
Number of Analyst Covering9
Chegg News
Bulls Say, Bears Say
Bulls Say
Cost SavingsManagement reaffirmed cost-savings of $40-$50M in 2025 alongside $100M in free cash flow with a leaner operating expense base following its restructuring.
Financial PerformanceChegg reported financial results of its second quarter that topped expectations.
New Features And StrategyNew GenAI features are helping to drive better engagement from Chegg's existing base of subscribers.
Bears Say
Margin CompressionQ3 guidance is below consensus and points to further deterioration across revenue growth and margin compression.
Revenue Guidance3Q24 revenue guidance of $133-$135M — down -14 to -16% y/y vs. consensus of $143M.
Subscriber GrowthSubscribers fell 6% sequentially in a seasonally uneventful quarter.
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Risk Analysis
Sorry, No Data AvailableWe currently provide Risk Factor analysis for U.S. stocks only.
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Website Traffic
The estimated number of people who visited one or more of the websites owned by Chegg
Desktop Users
Mobile Users
0CG FAQ
What was Chegg’s price range in the past 12 months?
Chegg lowest stock price was €1.72 and its highest was €10.24 in the past 12 months.
What is Chegg’s market cap?
Currently, no data Available
When is Chegg’s upcoming earnings report date?
Chegg’s upcoming earnings report date is Oct 28, 2024 which is in 64 days.
How were Chegg’s earnings last quarter?
Chegg released its earnings results on Aug 05, 2024. The company reported €0.215 earnings per share for the quarter, beating the consensus estimate of €0.204 by €0.012.
Is Chegg overvalued?
According to Wall Street analysts Chegg’s price is currently Undervalued.
Does Chegg pay dividends?
Chegg does not currently pay dividends.
What is Chegg’s EPS estimate?
Chegg’s EPS estimate is €0.07.
How many shares outstanding does Chegg have?
Chegg has 103,669,876 shares outstanding.
What happened to Chegg’s price movement after its last earnings report?
Chegg reported an EPS of €0.215 in its last earnings report, beating expectations of €0.204. Following the earnings report the stock price went down -17.496%.
Which hedge fund is a major shareholder of Chegg?
Among the largest hedge funds holding Chegg’s share is First Eagle Investment Management LLC. It holds Chegg’s shares valued at 2M.
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Chegg Stock Smart Score
Unlock Smart Score
1
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8
9
10
Analyst Consensus
Hold
Average Price Target:
€3.35 (79.79% Upside)
€3.35 (79.79% Upside)
Blogger Sentiment
Bullish
DE:0CG Sentiment 66%
Sector Average 67%
Sector Average 67%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-77.57%
12-Months-Change
Fundamentals
Return on Equity
-89.53%
Trailing 12-Months
Asset Growth
-43.39%
Trailing 12-Months
Company Description
Chegg
Chegg, Inc. engages in the operations of learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades, and test scores. The firm offers required and non-required scholastic materials including textbooks in any format; access to online homework help and textbook solutions; course organization and scheduling; college and university matching tools; and scholarship connections. Its services include Chegg study, writing, tutors, and math solver. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.
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0CG Company Deck
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0CG Earnings Call
Q2 2024
0:00 / 0:00
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0CG Revenue Breakdown
89.42% Subscription Services
10.58% Skills and Other
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0CG Stock 12 Month Forecast
Average Price Target
€3.35
▲(79.79% Upside)
Technical Analysis
Best Analysts Covering 0CG
1 Year
1 Year Success Rate
4/10 ratings generated profit
1 Year Average Return
-14.84%
assigned a sell rating 20 days ago
Copying Arvind Ramnani's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of -14.84% per trade.
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