Chegg(CHGG)

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CHGG vs. INFA: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-29 16:45
Investors interested in Internet - Software stocks are likely familiar with Chegg (CHGG) and Informatica Inc. (INFA) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies wi ...
Why Earnings Season Could Be Great for Chegg (CHGG)
Zacks Investment Research· 2024-04-26 14:05
Investors are always looking for stocks that are poised to beat at earnings season and Chegg, Inc. (CHGG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Cheggis seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of ...
Chegg (CHGG) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Zacks Investment Research· 2024-04-22 15:06
The market expects Chegg (CHGG) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April ...
Down -13.03% in 4 Weeks, Here's Why Chegg (CHGG) Looks Ripe for a Turnaround
Zacks Investment Research· 2024-04-17 14:36
Chegg (CHGG) has been on a downward spiral lately with significant selling pressure. After declining 13% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is overso ...
Will Chegg (CHGG) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-11 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Chegg (CHGG) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.This an online learning platform has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarte ...
CHGG vs. INFA: Which Stock Should Value Investors Buy Now?
Zacks Investment Research· 2024-04-11 16:46
Investors interested in stocks from the Internet - Software sector have probably already heard of Chegg (CHGG) and Informatica Inc. (INFA) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis ...
Are Investors Undervaluing Chegg (CHGG) Right Now?
Zacks Investment Research· 2024-04-11 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...
Chegg Reports New Hire Equity Grant Under NYSE Rule 303A.08
Businesswire· 2024-03-14 20:05
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on March 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan. Twenty-one newly hired employees received, in the aggregate, awards of restricted stock units (“RSUs”) representing 80,771 shares of Chegg common stock, in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A ...
The 3 Most Undervalued Education Stocks to Buy Now
InvestorPlace· 2024-03-05 00:25
It’s said that “knowledge is power.” The education sector is therefore the backbone of growth for any country or economy. Plus, the education sector will continue to grow at a steady pace, which will create substantial opportunities for education stocks, most notably undervalued education stocks. The U.S. education market was valued at $1.4 trillion in 2021. The market size is anticipated to increase to $3.1 trillion by 2030. This would imply growth at a CAGR of 4.2%. Among the various trends in the educati ...
Chegg(CHGG) - 2023 Q4 - Annual Report
2024-02-19 16:00
(Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 001-36180 Title of each class Name of each exchange on which registered Common Stock, $0.001 par value per share The New York Stock Exchange TABLE OF CONTENTS Page PART I Item 1. Business 4 Item 1A. Risk ...