CSIMarket
 
Chegg Inc  (NYSE: CHGG)
    Sector  Services    Industry Educational Services
   Industry Educational Services
   Sector  Services
 
Price: $0.8450 $0.01 0.595%
Day's High: $0.847599983215332 Week Perf: 6.96 %
Day's Low: $ 0.81 30 Day Perf: -13.78 %
Volume (M): 616,098 52 Wk High: $ 1.90
Volume (M$): $ 0 52 Wk Avg: $1.00
Open: $0.84 52 Wk Low: $0.45



 Market Capitalization (Millions $) 95
 Shares Outstanding (Millions) 112
 Employees 595
 Revenues (TTM) (Millions $) 319
 Net Income (TTM) (Millions $) -86
 Cash Flow (TTM) (Millions $) -12
 Capital Exp. (TTM) (Millions $) 21

Business Description


Chegg Inc. is an American education technology company based in Santa Clara, California. The company's primary focus is on providing online tutoring, textbook rentals, homework help, scholarships, and other education-related services to students.

Chegg was founded in 2005 to provide online textbook rentals. It has since expanded its offerings to include a suite of digital learning services serving students at all levels of education. Today, Chegg is considered one of the leading education technology companies in the United States.

Chegg operates a variety of educational services under its brand name, including:

1. Online Tutoring Services: Chegg.com offers online tutoring services for thousands of subjects across various disciplines. Students can connect with subject matter experts on the site to receive personalized academic support in real-time.

2. Textbook Rentals: Chegg's main business model involves the rental of textbooks to students. Textbook rentals are available in both electronic and physical formats, making it easier for students to access affordable course materials.

3. Homework Help: Students can get help with their homework on Chegg by posting their questions online. Chegg's expert tutors will then respond with detailed answers, explanations, and solutions.

4. Scholarship Services: Chegg offers scholarship services, including search engines to help students find funding for their education.

5. Writing Resources: The company provides a suite of writing resources, including citation tools, grammar checkers, and plagiarism detectors, to help students improve their written assignments.

Chegg has also developed a strong mobile app that makes it easy for students to access its various services on the go. The app includes features like real-time tutoring, document scanning, and note-taking tools.

In addition, Chegg has recently expanded its offerings to include career-related services, such as resume and cover letter writing, job search tools, and career counseling.

Overall, Chegg's services are designed to help students succeed academically and achieve their career goals. The company has received numerous accolades for its commitment to providing affordable and accessible educational resources to students.


   Company Address: 2261 Market Street STE 46218 San Francisco 94114 CA
   Company Phone Number: 855-5700   Stock Exchange / Ticker: NYSE CHGG


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
LAUR        0.59% 
LRN        1.9% 
PCSV   -3.33%    
UDMY   -0.86%    
AMN   -0.67%    
BNED   -2.5%    
• View Complete Report
   



Business Update

Cheggs New Alliance with Max A Study Break Revolution for Students

Published Mon, Aug 5 2024 3:47 PM UTC

As students gear up for another school year, the pressures of academic demands often leave little room for leisure. Recognizing the need for balance in students lives, Chegg, Inc., a prominent educational technology platform, has announced an innovative collaboration with Warner Bros. Discovery’s streaming service, Max. This partnership promises to blend the pursuit of kn...

Business Update

Cheggs Third Annual ESG Report Unveils Strides Towards Sustainability and Social Responsibility in Education ...

Published Fri, Jun 7 2024 1:38 AM UTC

Chegg Releases Comprehensive Annual ESG Report Demonstrating Commitment to Sustainable and Ethical PracticesSANTA CLARA, Calif. Chegg, Inc. (NYSE:CHGG), the innovative student-first platform for connected learning, proudly presents its third annual Environmental, Social, and Governance (ESG) report for the 2023 reporting year. This comprehensive report highlights the compa...

Management Changes

Deena Bahri Appointed as Chegg's Chief Marketing Officer, Driving Higher ROI in Q4 2023

Published Wed, Mar 27 2024 1:00 PM UTC

Chegg Appoints Deena Bahri as Chief Marketing Officer
Facts:
- Chegg, Inc. has announced the appointment of Deena Bahri as its new Chief Marketing Officer.
- The appointment is effective from March 27, 2024.
- Deena Bahri brings with her 20 years of experience and has held key marketing positions at brands such as Birchbox, Gilt Groupe, and Reebok.
- She...

Stock Issue News

Chegg Announces Equity Awards to Newly Hired Employees While Initiating $150 Million Share Repurchase Program

Published Thu, Mar 14 2024 8:05 PM UTC



SANTA CLARA, Calif. - Chegg Inc. (NYSE: CHGG), the leading student-first connected learning platform, recently unveiled significant developments underlying its commitment to employees and shareholders alike. On March 12, 2024, the company s Compensation Committee granted equity awards in accordance with the Chegg 2023 Equity Inducement Plan. This initiative aimed t...

Product Service News

Chegg Spearheads Global Effort to Combat Student Loneliness with 2nd Annual Mental Health Week

Published Tue, Feb 13 2024 3:00 PM UTC

Chegg Announces 2nd Annual Global Student Mental Health Week Amid Growing Loneliness EpidemicChegg, a leading educational tech company, has recently announced its partnership with esteemed non-profits and organizations from around the world for the second annual Global Student Mental Health Week. This event, which will be held from February 26 to March 3, 2024, aims to addre...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.30
Price to Sales (Expected) -
Price to Book 0.78
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.84
Working Capital Ratio 1.42
Leverage Ratio (MRQ) 1.01
Total Debt to Equity 0.28
Interest Coverage (TTM) -
Debt Coverage (TTM) -

Per Share Current
Earnings (TTM) -0.8 $
Revenues (TTM) 2.85 $
Cash Flow (TTM) -
Cash 0.59 $
Book Value 1.08 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 536,523
Net Income per Employee (TTM) -144,049
Receivable Turnover Ratio (TTM) 19.09
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.98

Profitability Ratios Current
Gross Margin (MRQ) 60.25 %
Operating Margin (MRQ) -1.65 %
Net Margin (MRQ) 0.36 %
Net Cash Flow Margin (MRQ) 2.79 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Chegg Inc's Segments
Chegg Skilling    27.95 % of total Revenue
Academic Services    72.64 % of total Revenue
Reportable Segment    100.59 % of total Revenue
United States    81.95 % of total Revenue
International    18.65 % of total Revenue





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