On Monday, Chegg Inc (NYSE: CHGG) opened lower -6.96% from the last session, before settling in for the closing price of $1.58. Price fluctuations for CHGG have ranged from $0.44 to $2.72 over the past 52 weeks.
It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales slided by -151.46%. Company’s average yearly earnings per share was noted -103.11% at the time writing. With a float of $101.09 million, this company’s outstanding shares have now reached $107.82 million.
Chegg Inc (CHGG) Insider Updates
A key investor’s attitude towards the stock of the Education & Training Services industry is another important factor to consider. The insider ownership of Chegg Inc is 6.68%, while institutional ownership is 48.09%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.09 earnings per share (EPS) for the quarter, besting the agreed prediction (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.
According to the Wall Street analysts, stocks earnings will be around -103.11% per share during the next fiscal year.
Chegg Inc (NYSE: CHGG) Trading Performance Indicators
Check out the current performance indicators for Chegg Inc (CHGG). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31. Likewise, its price to free cash flow for the trailing twelve months is 4.93.
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)
The latest stats from [Chegg Inc, CHGG] show that its last 5-days average volume of 3.03 million was inferior to 3.48 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 33.37%.
During the past 100 days, Chegg Inc’s (CHGG) raw stochastic average was set at 65.10%, which indicates a significant increase from 16.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1453 in the past 14 days, which was higher than the 0.1428 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4128, while its 200-day Moving Average is $1.2260. Now, the first resistance to watch is $1.5433. This is followed by the second major resistance level at $1.6167. The third major resistance level sits at $1.6633. If the price goes on to break the first support level at $1.4233, it is likely to go to the next support level at $1.3767. Assuming the price breaks the second support level, the third support level stands at $1.3033.
Chegg Inc (NYSE: CHGG) Key Stats
There are currently 108,327K shares outstanding in the company with a market cap of 159.24 million. Presently, the company’s annual sales total 617,570 K according to its annual income of -837,070 K. Last quarter, the company’s sales amounted to 105,120 K and its income totaled -35,660 K.
