I Love The Chegg Story - Not So Sure On Valuation [Seeking Alpha]
Chegg, Inc. (CHGG)
Last chegg, inc. earnings: 2/10 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.chegg.com/overview/default.aspx
Company Research
Source: Seeking Alpha
Summary I sold my shares in Chegg (NYSE: CHGG ) late last year because I thought the stock had run a little too far, too fast. That was obviously the incorrect decision, as CHGG has gained another 60%+ since then. But it's worth pointing out after a couple of strong earnings reports that execution last year was a little choppier than it has seemed of late. The Q4 2015 report in February 2016 wasn't as bad as the market initially thought , but the company did push out, and lower, long-term earnings and growth targets. I've liked the CHGG story since its Ingram deal, but the valuation has been varying degrees of high for pretty much all of its time on the public markets. Coming out of what looked like another strong earnings report last week, CHGG still looks a bit too pricey to me - even though I still like the long-term story here. EBITDA and free cash flow numbers both are inflated by rather significant dilution (on track for almost 15% of this year's revenue); without that
Show less
Read more
Impact Snapshot
Event Time:
CHGG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHGG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHGG alerts
High impacting Chegg, Inc. news events
Weekly update
A roundup of the hottest topics
CHGG
News
- Global Processing Standardizes on New Relic [Yahoo! Finance]Yahoo! Finance
- Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08 [Yahoo! Finance]Yahoo! Finance
- Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08Business Wire
- Down -13.03% in 4 Weeks, Here's Why Chegg (CHGG) Looks Ripe for a Turnaround [Yahoo! Finance]Yahoo! Finance
- XP Health's 20/20 VISIONaries builds awareness and access to a key barrier to reading: prescription glasses [Yahoo! Finance]Yahoo! Finance
CHGG
Earnings
- 2/5/24 - Beat
CHGG
Sec Filings
- 4/16/24 - Form 4
- 3/14/24 - Form 4
- 3/14/24 - Form 4
- CHGG's page on the SEC website