Chegg Inc Stock Performance
| CHGG Stock | USD 2.01 0.21 11.67% |
The firm shows a Beta (market volatility) of 1.27, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Chegg will likely underperform. At this point, Chegg Inc has a negative expected return of -0.0791%. Please make sure to confirm Chegg's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Chegg Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Chegg Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Chegg is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Actual Historical Performance (%)
One Day Return 16.53 | Five Day Return 39.48 | Year To Date Return (79.13) | Ten Year Return (65.54) | All Time Return (75.79) |
1 | Disposition of 2582 shares by Daniel Rosensweig of Chegg at 1.85 subject to Rule 16b-3 | 09/12/2024 |
2 | TEQSA launches legal action against US homework help site Chegg, alleging it helped students cheat | 10/08/2024 |
3 | Disposition of 1637 shares by David Longo of Chegg at 1.54 subject to Rule 16b-3 | 10/11/2024 |
4 | Disposition of 6532 shares by Daniel Rosensweig of Chegg at 10.55 subject to Rule 16b-3 | 11/04/2024 |
5 | Chegg Stock Price Outlook Could CHGG Surge 75 percent After Earnings | 11/11/2024 |
6 | Chegg Surpasses Q3 Earnings and Revenue Estimates | 11/12/2024 |
7 | Why Chegg Shares Are Trading Lower Today | 11/13/2024 |
8 | Chegg Third Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags | 11/14/2024 |
9 | Chegg Price Target Cut to 1.50 by Analysts at Piper Sandler | 11/15/2024 |
10 | Chegg, Inc. A Bear Case Theory | 11/21/2024 |
11 | Acquisition by Renee Budig of 19305 shares of Chegg subject to Rule 16b-3 | 11/22/2024 |
| Begin Period Cash Flow | 475.9 M |
Chegg |
Chegg Relative Risk vs. Return Landscape
If you would invest 228.00 in Chegg Inc on August 27, 2024 and sell it today you would lose (27.00) from holding Chegg Inc or give up 11.84% of portfolio value over 90 days. Chegg Inc is currently does not generate positive expected returns and assumes 4.9181% risk (volatility on return distribution) over the 90 days horizon. In different words, 43% of stocks are less volatile than Chegg, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Chegg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chegg's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chegg Inc, and traders can use it to determine the average amount a Chegg's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0161
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| Negative Returns | CHGG |
Estimated Market Risk
| 4.92 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chegg is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chegg by adding Chegg to a well-diversified portfolio.
Chegg Fundamentals Growth
Chegg Stock prices reflect investors' perceptions of the future prospects and financial health of Chegg, and Chegg fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Chegg Stock performance.
| Return On Equity | -1.35 | ||||
| Return On Asset | 0.0192 | ||||
| Profit Margin | (1.24) % | ||||
| Operating Margin | (0.14) % | ||||
| Current Valuation | 473.71 M | ||||
| Shares Outstanding | 104.31 M | ||||
| Price To Earning | 69.12 X | ||||
| Price To Book | 1.13 X | ||||
| Price To Sales | 0.32 X | ||||
| Revenue | 716.29 M | ||||
| Gross Profit | 569.5 M | ||||
| EBITDA | (67.72 M) | ||||
| Net Income | 18.18 M | ||||
| Cash And Equivalents | 1.38 B | ||||
| Cash Per Share | 10.94 X | ||||
| Total Debt | 617.9 M | ||||
| Debt To Equity | 2.07 % | ||||
| Current Ratio | 10.81 X | ||||
| Book Value Per Share | 1.78 X | ||||
| Cash Flow From Operations | 246.2 M | ||||
| Earnings Per Share | (8.18) X | ||||
| Market Capitalization | 209.66 M | ||||
| Total Asset | 1.73 B | ||||
| Retained Earnings | (52.37 M) | ||||
| Working Capital | (103.63 M) | ||||
| Current Asset | 132.84 M | ||||
| Current Liabilities | 56.11 M | ||||
About Chegg Performance
By analyzing Chegg's fundamental ratios, stakeholders can gain valuable insights into Chegg's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Chegg has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Chegg has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 47.40 | 49.77 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | (0.06) | (0.06) | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Chegg Inc performance evaluation
Checking the ongoing alerts about Chegg for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chegg Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 a strong financial position based on the latest SEC filings | |
| Over 83.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from insidermonkey.com: Chegg, Inc. A Bear Case Theory |
- Analyzing Chegg's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Chegg's stock is overvalued or undervalued compared to its peers.
- Examining Chegg's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Chegg's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chegg's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Chegg's stock. These opinions can provide insight into Chegg's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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