Chegg, Inc. (CHGG) dropped -0.33 points: Is it Poised To Move?

Chegg, Inc. (CHGG) is owned by a number of high-value investors. Its largest direct holder is Daniel L. Rosensweig President, Chief Executive Officer and Co-Chairman of the Board with 2,222,754 shares. The second-largest direct holder is Michael Osier Chief Information Officer and Chief Outcomes Officer, with 518,593 shares of the company’s stock. In third place with 359,910 shares of CHGG is Nathan Schultz President, Learning Services.

Now turning to institutional ownership of Chegg, Inc. (CHGG), Baillie Gifford & Co. is the top holder with 12.47 million shares. The next largest fund holder of this company’s stock is The Vanguard Group, Inc. with 11.03 million shares. In the third-place spot with 6.84 million shares is BlackRock Fund Advisors.

This company’s stock price was $34.55 at the previous market close, with its latest volume reaching 1,325,385. Compare that to its average daily volume of 1.69M. Given the fact that this stock has 117.95M shares outstanding, its current market value is sitting at $4.08B. This publicly-traded stock’s 60-month Beta is 0.93. Its Price to Sales ratio is 11.28, its Price to Cash Flow ratio is 5.00, and its Price to Book ratio is 8.93.

CHGG stock has achieved a 5-day range of $32.55 to $35.00, with a total performance of +1.86% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $32.55 to $41.87, generating a -14.61% change during the period. In the past three months, this stock’s price has changed by -11.39%, trading in the range of $32.55 to $48.22.

In the past 5 days, shares of CHGG have made a new high 3 times. In the last month, it has made a new high 1 time, and in the past 3 months, it has made a new high 10 times.

Now let’s turn to this public company’s earnings. For the quarter ending 6/29/2019, the earnings per share (EPS) was reported at 0.23. This is a 0.13 difference compared to the consensus estimate of 0.1, amounting to an earnings surprise of 130.00%. In the previous quarter, which ended in 6/29/2019, the consensus estimate was 0.12, making for an earnings surprise of 25.00%. For the quarter ending 12/30/2018, EPS was reported at 0.25, generating a 19.00% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $-14.89 million. This is compared to the prior year, where Net Income was $-20.28 million. Meanwhile, this company’s Operating Cash Flow was $75.11 million for the year, compared to $51.55 million in 2017. Capital Expenditures for the year were reportedly -$31.22 million, compared to -$26.14 million, and Free Cash flow was $43.89 million compared to the prior year’s $25.41 million.

Chegg, Inc. (CHGG) stock currently has a Financial Strength score of 4.9/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.91, an Equity to Asset ratio of 0.33, a Debt to Equity ratio of 1.94 and a Debt to EBITDA of 30.38. The Interest Coverage of this stock is 0.13, its Piotroski F-Score is 5, its Altman Z-Score is 3.55 and its Beneish M-Score is -3.04.

This publicly-traded company’s Profitability and Growth score is 4/10, thanks to a combination of things: an Operating Margin of 0.92, a Net Margin of -4.07, a ROE of -3.54, and a ROC of 4.82.

Shifting focus now to Valuation and Return for CHGG, this company’s Price to Tangible Book is 13.88, its Price to Median PS Value is 4.54.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for CHGG is sitting at 13.22, while its Current Ratio is 13.22. This stock’s PB Ratio is 8.73, its PS Ratio is 11.11, its Forward PE Ratio is 34.01,. Similarly, Price to Free Cash Flow is 73.35 and its Price to Operating Cash Flow is 40.4.