Chegg Inc (NYSE: CHGG) kicked off on Friday, down -11.79% from the previous trading day, before settling in for the closing price of $1.01. Over the past 52 weeks, CHGG has traded in a range of $0.44-$2.72.
Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Defensive sector was -151.46%. While this was happening, its average annual earnings per share was recorded -103.11%. With a float of $101.07 million, this company’s outstanding shares have now reached $107.82 million.
Chegg Inc (CHGG) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Education & Training Services Industry. The insider ownership of Chegg Inc is 6.68%, while institutional ownership is 46.85%. The most recent insider transaction that took place on Jun 06 ’25, was worth 39,554. In this transaction Director of this company sold 27,973 shares at a rate of $1.41, taking the stock ownership to the 85,742 shares. Before that another transaction happened on Jun 06 ’25, when Company’s Director proposed sale 27,973 for $1.41, making the entire transaction worth $39,559.
Chegg Inc (CHGG) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.09 earnings per share (EPS), higher than consensus estimate (set at 0.07) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
Chegg Inc (NYSE: CHGG) Trading Performance Indicators
Take a look at Chegg Inc’s (CHGG) current performance indicators. Last quarter, stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19. Likewise, its price to free cash flow for the trailing twelve months is 2.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.61, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of Chegg Inc (CHGG)
Compared to the last year’s volume of 3.49 million, its volume of 4.19 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.25%.
During the past 100 days, Chegg Inc’s (CHGG) raw stochastic average was set at 4.43%, which indicates a significant decrease from 7.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1260 in the past 14 days, which was lower than the 0.1346 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3968, while its 200-day Moving Average is $1.1725. Nevertheless, the first resistance level for the watch stands at $0.9662 in the near term. At $1.0416, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0831. If the price goes on to break the first support level at $0.8493, it is likely to go to the next support level at $0.8078. Should the price break the second support level, the third support level stands at $0.7324.
Chegg Inc (NYSE: CHGG) Key Stats
The company with the Market Capitalisation of 96.51 million has total of 108,327K Shares Outstanding. Its annual sales at the moment are 617,570 K in contrast with the sum of -837,070 K annual income. Company’s last quarter sales were recorded 105,120 K and last quarter income was -35,660 K.
