Chegg Inc
General ticker "CHGG" information:
- Sector: Consumer Discretionary
- Industry: Diversified Consumer Services
- Capitalization: $233.8M
Chegg Inc does not follow the US Stock Market performance with the rate: -34.3%.
Estimated limits based on current volatility of 6.1%: low 1.79$, high 2.02$
Factors to consider:
- US accounted for 86.0% of revenue in the fiscal year ended 2023-12-31
- Current price 76.5% below estimated low
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [7.55$, 15.12$]
- 2024-12-30 to 2025-12-30 estimated range: [7.50$, 15.14$]
Financial Metrics affecting the CHGG estimates:
- Positive: Operating cash flow per share per price, % of 19.86 > 12.76
- Negative: Operating profit margin, % of -8.64 <= 1.03
- Positive: 0.93 < Non-GAAP EPS, $ of 1.09
- Negative: Industry operating cash flow per share per price (median), % of 3.14 <= 3.85
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.04
- Positive: Industry inventory ratio change (median), % of 0.38 <= 0.49
Short-term CHGG quotes
Long-term CHGG plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $776.26MM | $766.90MM | $716.29MM |
| Operating Expenses | $698.16MM | $757.94MM | $784.02MM |
| Operating Income | $78.11MM | $8.96MM | $-67.72MM |
| Non-Operating Income | $-72.37MM | $94.99MM | $118.04MM |
| Interest Expense | $6.90MM | $6.04MM | $3.77MM |
| R&D Expense | $178.82MM | $196.64MM | $191.71MM |
| Income(Loss) | $5.74MM | $103.95MM | $50.31MM |
| Taxes | $7.20MM | $-162.69MM | $32.13MM |
| Profit(Loss) | $-1.46MM | $266.64MM | $18.18MM |
| Stockholders Equity | $1,106.92MM | $1,116.59MM | $944.62MM |
| Inventory | $35.09MM | $28.48MM | $0.00MM |
| Assets | $2,919.25MM | $2,465.42MM | $1,727.23MM |
| Operating Cash Flow | $273.22MM | $255.74MM | $246.20MM |
| Capital expenditure | $94.18MM | $103.09MM | $83.05MM |
| Investing Cash Flow | $-365.77MM | $104.89MM | $268.67MM |
| Financing Cash Flow | $466.72MM | $-744.80MM | $-852.77MM |
| Earnings Per Share* | $-0.01 | $2.09 | $0.37 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.