Chegg is a education company located in California, United States, which is part of the Consumer Defensive sector, and is traded under the ticker CHGG on the NYSE exchange.
Chegg stock last closed at $18.95, down 1.92% from the previous day, and has decreased 74.31% in one year. It has underperformed other stocks in the Education & Training Services industry by 0.51 percentage points. Chegg stock is currently +21.01% from its 52-week low of $15.66, and -73.99% from its 52-week high of $72.85.
As of Sep 23, 2022, there are 126.4M CHGG shares outstanding. The market capitalization of CHGG is $2.40B. In the last 24 hours, 1.6M CHGG shares were traded.
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Out of 11 Equities analysts who give ratings on CHGG, the consensus analyst rating on Chegg is a Hold
Mike Grondahl, a bottom 7% analyst from Northland Securities upgrades CHGG to a buy rating and raises their CHGG price target from $27.00 to $30.00, on Sep 8, 2022.
Arvind Ramnani, a bottom 1% analyst from Piper Sandler maintains CHGG with a hold rating and lowers their CHGG price target from $21.00 to $20.00, on Jul 18, 2022.
Eric Sheridan, a top 3% analyst from Goldman Sachs initiates coverage on CHGG with a hold rating and announces their CHGG price target of $20.00, on Jul 15, 2022.
Doug Anmuth, a top 2% analyst from JP Morgan maintains CHGG with a hold rating and lowers their CHGG price target from $22.00 to $18.00, on Jun 29, 2022.
David Amira, a top 50% analyst from Bank of America downgrades CHGG to a hold rating and lowers their CHGG price target from $45.00 to $18.00, on May 3, 2022.
You can dive deeper into what analysts are forecasting on the Chegg stock forecast page.
Last year, CHGG earnings were $44.18M. During the past 2 year, CHGG's earnings have grown by 465.69% per year. This was faster than the Education & Training Services industry average of 64.87%.
Last year, CHGG revenue was $776.37M. In the last 5 year, CHGG's revenue has gone up by 25.11% per year. This was faster than the Education & Training Services industry average of 16.32%.
Learn more about CHGG's earnings and revenue performance here.
Over the last 12 months, insiders at CHGG have bought more shares than they have sold.
Andrew J. Brown, CHIEF FINANCIAL OFFICER of CHGG, was the latest CHGG insider to sell. They sold $57,615.60 worth of CHGG stock on Sep 1, 2022.
Dig into more about who owns CHGG shares here.
No, Chegg doesn't provide an income stream by paying out dividends.
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