In the past week, CHGG stock has gone up by 6.93%, with a monthly gain of 60.47% and a quarterly plunge of -43.08%. The volatility ratio for the week is 6.46%, and the volatility levels for the last 30 days are 9.15% for Chegg Inc The simple moving average for the past 20 days is 27.29% for CHGG’s stock, with a -48.94% simple moving average for the past 200 days.
Is It Worth Investing in Chegg Inc (NYSE: CHGG) Right Now?
CHGG has 36-month beta value of 1.64. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for CHGG is 97.83M, and currently, short sellers hold a 10.52% ratio of that float. The average trading volume of CHGG on May 09, 2025 was 2.97M shares.
CHGG) stock’s latest price update
Chegg Inc (NYSE: CHGG)’s stock price has increased by 11.69 compared to its previous closing price of 0.72. However, the company has seen a 6.93% increase in its stock price over the last five trading sessions. zacks.com reported 2025-05-08 that Get a deeper insight into the potential performance of Chegg (CHGG) for the quarter ended March 2025 by going beyond Wall Street’s top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Analysts’ Opinion of CHGG
Morgan Stanley, on the other hand, stated in their research note that they expect to see CHGG reach a price target of $1.25, previously predicting the price at $2. The rating they have provided for CHGG stocks is “Underweight” according to the report published on January 14th, 2025.
CHGG Trading at 17.05% from the 50-Day Moving Average
After a stumble in the market that brought CHGG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -83.93% of loss for the given period.
Volatility was left at 9.15%, however, over the last 30 days, the volatility rate increased by 6.46%, as shares surge +72.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.32% lower at present.
During the last 5 trading sessions, CHGG rose by +5.69%, which changed the moving average for the period of 200-days by -76.08% in comparison to the 20-day moving average, which settled at $0.6345. In addition, Chegg Inc saw -49.80% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CHGG
Current profitability levels for the company are sitting at:
- -1.19 for the present operating margin
- 0.71 for the gross margin
The net margin for Chegg Inc stands at -1.36. The total capital return value is set at -2.16. Equity return is now at value -147.16, with -64.48 for asset returns.
Based on Chegg Inc (CHGG), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 2.61. The interest coverage ratio of the stock is -284.6.
Currently, EBITDA for the company is -607.43 million with net debt to EBITDA at -0.56. When we switch over and look at the enterprise to sales, we see a ratio of 0.69. The receivables turnover for the company is 26.12for trailing twelve months and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.
Conclusion
To put it simply, Chegg Inc (CHGG) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
