Chegg Inc (CHGG) concluded trading on Thursday at a closing price of $0.82, with 4.3 million shares of worth about $3.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -56.00% during that period and on May 15, 2025 the price saw a loss of about -1.73%. Currently the company’s common shares owned by public are about 105.38M shares, out of which, 98.94M shares are available for trading.
Stock saw a price change of 13.09% in past 5 days and over the past one month there was a price change of 68.19%. Year-to-date (YTD), CHGG shares are showing a performance of -49.17% which decreased to -82.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.44 but also hit the highest price of $4.84 during that period. The average intraday trading volume for Chegg Inc shares is 3.19 million. The stock is currently trading 18.46% above its 20-day simple moving average (SMA20), while that difference is up 22.02% for SMA50 and it goes to -46.50% lower than SMA200.
Chegg Inc (NYSE: CHGG) currently have 105.38M outstanding shares and institutions hold larger chunk of about 70.44% of that.
The stock has a current market capitalization of $87.22M and its 3Y-monthly beta is at 1.68. It has posted earnings per share of -$8.29 in the same period. It has Quick Ratio of 1.23 while making debt-to-equity ratio of 0.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CHGG, volatility over the week remained 17.42% while standing at 10.29% over the month.
Analysts are in expectations that Chegg Inc (CHGG) stock would likely to be making an EPS of 0.05 in the current quarter, while forecast for next quarter EPS is 0.02 and it is 0.15 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.02 which is 0.07 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.24 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -84.00% while it is estimated to increase by 25.00% in next year.
Coverage by Morgan Stanley stated Chegg Inc (CHGG) stock as an Underweight in their note to investors on January 14, 2025, suggesting a price target of $1.25 for the stock. On August 06, 2024, Goldman Upgrade their recommendations, while on July 16, 2024, Morgan Stanley Upgrade their ratings for the stock with a price target of $3.25. Stock get an Underperform rating from Jefferies on April 30, 2024.
