|Bid||38.63 x 4000|
|Ask||38.68 x 800|
|Day's Range||38.48 - 38.74|
|52 Week Range||19.42 - 38.76|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2017 - Nov 10, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||39.78|
Chegg CEO Dan Rosensweig sits down with CNBC's "Squawk Alley" to discuss the company's strong earnings and overall growth.
Five9 (FIVN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
gained on Tuesday after the education technology company released a stronger than expected earnings report. A provider of online tutoring, textbook rentals and other services to students, Chegg's stock rose 7.6% to close at $37.46, after reporting quarterly earnings of 25 cents per share. It is fourth time in the last four quarters the Santa Clara-based company's earnings have come in above Wall Street expectations.
The growth trends which have impressed investors in recent quarters remained intact in the fourth quarter of 2018.
Editor's note: This story was previously published in October 2017. It has since been updated and republished.The concern about investing in growth stocks usually comes down to valuation. Stocks with significant growth potential usually have a multiple to match. One way around that problem is to invest in small-cap stocks, where the growth stories may not be quite as well known and the valuations may not be quite as stretched.In some cases, small-cap stocks come with more risk; but in most cases, small caps offer more potential rewards.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Buy These 5 Stocks to Play the Megatrend of the Century Here are eight small-cap stocks to buy due to significant growth opportunities. Each of these small-cap companies have valuations that lend themselves to significant upside if those opportunities are captured. Source: Citrix Online via Flickr AppFolio (APPF)AppFolio Inc (NASDAQ:APPF) offers the best, and worst, of small-cap growth investing. On the positive side, revenue from AppFolio's software for property managers is growing nicely. Sales rose nearly 40% in 2017 and are expected to have risen about 30% last year.The primary concern here is valuation. APPF trades at over 12 tines revenue on an enterprise basis. That's a big number in any market. It's also a notable premium to its closest peer, RealPage Inc (NASDAQ:RP).Still, there's reason to see more upside, even for a stock that has gained more than 50% over the past year. AppFolio has turned profitable, and its margins should expand significantly going forward. The company's MyCase software for law offices offers another growth driver for AppFolio sales. Both software products drive exactly the kind of "sticky," recurring revenue investors are looking for in the software space.Again, valuation isn't perfect. But with earnings-per-share likely to clear $1 by the end of the decade, it's not quite as extreme as headline multiples would suggest. With AppFolio's growth prospects and potential as a takeout target, there's likely still some room left in the APPF rally.Source: Rob Wall via Flickr (Modified) Chegg Inc (CHGG)Chegg Inc (NYSE:CHGG) has transformed itself over the past few years.What was formerly a company focused largely on a money-losing textbook rental business has become the go-to platform for college students in the U.S. Chegg offers a wide variety of services to students, ranging from tutoring and online study help to eTextbooks and its legacy print textbook rental business (which is now outsourced, providing a major boost to Chegg profits).Like most stocks on this list, CHGG isn't cheap, trading at over 14 times its revenue and a forward price-earnings ratio of about 60. But with the company's earnings per share expected to nearly double this year, there's enough to support a premium valuation.With Chegg increasingly looking dominant in what its CEO Dan Rosensweig has called "winner take most" markets, a takeover looks likely. Amazon.com, Inc. (NASDAQ:AMZN) has tried to attract college students by building out physical bookstores and offering free Prime memberships. Chegg, which reaches the majority of those students, would give the company both an entry into that market and a wealth of valuable data to boot. * Buy These 5 Stocks to Play the Megatrend of the Century Even if Amazon doesn't come calling, Chegg's expanding service offerings and potential to target high school and graduate students suggest years of growth ahead. And even the current, somewhat pricey, valuation doesn't account for all of that potential.Source: Shutterstock Varonis Systems (VRNS)Varonis Systems Inc (NASDAQ:VRNS) has an intriguing growth story. The company develops software for businesses that manages what it calls "unstructured data." That includes everything from emails to spreadsheets to memos.That data is growing exponentially -- and so is the risk it poses. As seen in leaks at Sony Corp (ADR) (NYSE:SNE) and elsewhere, there's a lot of valuable information contained in those files. Varonis protects them from unwanted entry and it organizes them for corporate managers.The importance of unstructured data continues to drive Varonis revenue higher, with the company's 2018 top-line growth expected to come in at 24%. Sales cycles remain relatively long and intensive, as in many cases Varonis still has to prove the usefulness of the software. That's particularly true for companies who haven't had a data breach … yet. As awareness increases and those cycles shorten, both revenue growth and operating margins will benefit.Meanwhile, VRNS is expected to report a profit for 2018, at least on an adjusted basis. And yet it trades at a bit over six times its trailing-twelve-month revenue, plus cash. That sounds like a big multiple, but it's actually somewhat modest in the SaaS space, particularly given Varonis' growth profile.As sales grow, and that multiple expands, VRNS should continue to climb. Source: Shutterstock Ollie's Bargain Outlet (OLLI)There are very few retail growth stories in the U.S. of any size, particularly in brick-and-mortar retail. But Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) is one to keep an eye on.Ollie's benefits from being in the off-price channel, one of the few areas of retail that has held up well amid the pressure from online retailers like Amazon. And while Ollie's is much smaller than peers TJX Companies Inc (NYSE:TJX) and Ross Stores, Inc. (NASDAQ:ROST), in this case that's a good thing.The company's store expansion plan alone suggests years of growth ahead, with strong same-store sales contributing as well. OLLI isn't necessarily cheap, trading at 41 times analysts' consensus FY19 EPS estimate. * Buy These 5 Stocks to Play the Megatrend of the Century But the company is solidly profitable, has little debt, and has significant whitespace to build out its store count - and revenue. For investors who believe the off-price channel should continue to manage online competition, OLLI is an extremely intriguing choice. Shotspotter (SSTI)Shotspotter Inc (NASDAQ:SSTI) is a classic early-stage growth company. Shotspotter is expected to become profitable for the first time this year.The company's namesake product detects gunfire and notifies law enforcement in real time, making police response more efficient and neighborhoods safer. The product already has been deployed in major cities like Chicago and New York, with seven new cities adopting the software just last month.That growth should continue, as Shotspotter brings on additional municipalities and, eventually, expands internationally as well. Revenue is still relatively small -- just $31 million over the past year -- but a $516 million market cap leaves room for upside. * Buy These 5 Stocks to Play the Megatrend of the Century Continued adoption would make SSTI a likely takeover target for defense companies like Lockheed Martin Corporation (NYSE:LMT) or Northrop Grumman Corporation (NYSE:NOC) or other larger, government-focused suppliers. And with the need for Shotspotter, unfortunately, rising every year, that increased adoption seems likely. Source: Shutterstock LogMeIn (LOGM)Video-conferencing leader LogMeIn Inc (NASDAQ:LOGM) offers a nice combination of growth and value.Trading at just 16 times analysts' consensus EPS estimate, LOGM certainly doesn't look like it's pricing in the 25% EPS growth analysts are expecting this year. With video conferencing demand still increasing and top-line growth expected in 2019, LogMeIn should be able to drive double-digit EPS growth for years to come. That in turn suggests a fair amount of upside from current levels.There are some risks, specifically around competition. But from a long-term perspective, LogMeIn still seems to have years of growth in front of it and it's trading at a price worth paying.Source: Mike Mozart via Flickr (modified) Shake Shack (SHAK)Shake Shack Inc (NYSE:SHAK) is growing. Revenue is expected to jump 27% this year. Same-store sales disappointed in Q3, and guest traffic fell 4%. But the company still has plenty of room to expand, and it recently opened its first restaurant in mainland China.SHAK is a bit of a turnaround play, but the Shake Shack story is still playing out. If the company can stabilize same-restaurant sales, location growth alone should drive profits -- and SHAK stock -- higher.Source: Shutterstock iRobot (IRBT)iRobot Corporation (NASDAQ:IRBT) got a bit ahead of itself last year. In April, IRBT stock traded around $60; by late August, the stock had nearly doubled.IRBT then pulled back over 30% and has subsequently rebounded back near its former highs. But the category itself is growing double-digits, and Internet of Things catalysts could further drive product adoption. * Buy These 5 Stocks to Play the Megatrend of the Century IRBT shares aren't necessarily cheap. But at 39 times next year's earnings, IRBT isn't very expensive for a company in a rapidly growing category. With the company capable of driving 20%-plus EPS growth going forward, that multiple isn't very steep.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post 8 Small-Cap Stocks to Buy for Big-Time Growth Potential appeared first on InvestorPlace.
Chegg Inc (NYSE: CHGG ) reported solid fourth-quarter results and raised its 2019 guidance Monday The company enjoys a leading position as an online student platform, and the fundamental outlook for Chegg ...
A profitable quarter and solid guidance for 2019 sent Chegg (NYSE:CHGG) stock to an all-time high overnight. So what exactly has investors hyped about Chegg stock?Let's take a look.The company, which rents textbooks and provides online help to college students, reported a fourth-quarter profit of $5.3 million, 4 cents per share fully diluted, on revenue of $95.5 million. The shares went up 10%, to over $38 per share, thanks to strong year-over-year growth and hope it will do even better in 2019.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFull-year revenue was $321 million, up 26% over 2017. CEO Dan Rosenzweig said he expects 2019 revenue of $390-395 million, up 22%, most of it in the form of services revenue with gross margins of about 75%. A Lasting Pop for Chegg Stock?CHGG investors reacted like they had just discovered the company, which in a way they had. Before earnings, CHGG stock had a market cap of under $4 billion. But it has the kind of stock chart you dream about, a string of gains that started in spring 2016, at a little over $4 per share, and were interrupted only once, by last fall's tech wreck.Since dropping from an August high of over $32 per share to an October low of a little under $24 per share, CHGG stock has renewed its march upward. Patient investors have been handsomely rewarded. * 10 Stocks That Every 20-Year-Old Should Buy To its customers, Chegg's offer doesn't seem to have changed much. How it delivers its main service of textbook rental has. An alliance with Ingram signed in February 2015 let Chegg offload the inventory risks of moving books. A 2017 alliance with Pearson (NYSE:POS) let it move entirely to a "rental only" business model.The result is that most of the company's revenue today comes from online tutorials, its latest acquisitions being companies like Math42, WriteLab and StudyBlue. It's also said to be a good place to work, one that puts students first. A Changing Business ModelThe rising cost of textbooks, and the rise of online resources to buy and rent books has changed how students acquire them. It also opened students up to new online resources like Chegg's tutoring services, college selection services and internship help.Offloading inventory risks lets CHGG increase profitability at a cost to its revenue base, and 2018 was the first-year revenue beat 2014's $304 million. But that higher 2014 revenue also saw a loss of nearly $65 million, while 2018's record saw net income of $5.3 million, $31.8 million when non-GAAP measures are used.Analysts have been warming to the ability of Chegg stock to beat street estimates on revenue and income. The steady gains also pushed Chegg, worth less than $500 million a few years ago, into a more investable category. If it hits earnings targets this year, it should be worth well over $5 billion by the end of 2019. The Bottom Line on CHGG StockChegg's success in an online business model, along with small, smart acquisitions, make it a different proposition to the old textbook rental business.Chegg has stabilized the balance sheet. That now shows over $450 million in cash and short-term investments, against just $7 million of long-term debt. Another $283 million is held in convertible senior notes, which may turn into equity and strengthen the balance sheet further.The success and stability of Chegg stock could also make it an attractive buy-out candidate. There have been no rumors to that effect, but its relationships with students might look very good to an Amazon (NASDAQ:AMZN) or even to Pearson, with which it already does business.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing, he owned shares in AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post Why Chegg Stock Will Keep Chugging Higher appeared first on InvestorPlace.
Video game developers and chipmakers led stocks higher Tuesday, as lawmakers hustled to avoid a government shutdown and the Dow Jones Index held at 25,000.
Chegg (CHGG) reports better-than-expected earnings and revenues in the fourth quarter of 2018, given strong contribution from Chegg Services.
Over the past two decades, technological advances have impacted nearly every aspect of our lives. Chegg provides a variety of services designed to make education more affordable and effective. Over the past two years, Chegg has been in a roaring uptrend.
Dow Jones futures jumped as lawmakers reached a tentative deal to avoid a new government shutdown. The current stock market rally is split as indexes pause and top stocks lead.
Chegg (CHGG) delivered earnings and revenue surprises of 19.05% and 4.29%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Chegg earnings (NYSE:CHGG) were rolled out to the public after hours on Monday and the company's earnings and revenue totals came in ahead of what analysts were calling for, while it also increased its guidance, helping to lift CHGG stock close to 10% late in the day.The Santa Clara, Calif.-based education technology company said that for its fourth quarter of its fiscal 2018, it brought in net income of $5.3 million, or 4 cents per share. In the year-ago quarter, the company's earnings came in at $3.7 million, or 3 cents per share, which marked a 43.24% gain in net income year-over-year.Chegg added that its adjusted earnings tallied up to $31.8 million, or 25 cents per share for the period, which marked a 75.6% surge when compared to its year-ago quarter adjusted profit of $18.1 million, or 15 cents per share. Analysts were calling for the company to amass adjusted earnings of 21 cents per share, according to data compiled by FactSet.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the revenue front, the tech company brought in sales of $95.7 million, increasing 30% when compared to the year-ago quarter. The Wall Street consensus estimate was calling for Chegg to rake in sales of $91.6 million, according to data compiled by FactSet.The company also increased its fiscal 2019 revenue guidance to between $390 million and $395 million after finishing 2018 "with more momentum than expected. Wall Street sees this figure as $388 million, per FactSet.CHGG stock is surging roughly 9.2% after the bell on Monday afternoon following a positive end to the company's fiscal 2018 that was followed by an encouraging first-quarter guidance to begin its 2019. Shares had been popping about 1.2% during regular trading hours as Chegg geared up to report for its period. More From InvestorPlace * 10 Best Dividend Stocks to Buy for the Next 10 Months * 7 Reasons You Want Boeing Stock in Your Portfolio * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post Chegg Earnings: CHGG Stock Skyrockets on Q4 Earnings Beat appeared first on InvestorPlace.
The Santa Clara, California-based company said it had profit of 4 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were 25 cents per share. The ...
Shares of Gilead GILD dropped as much as 5 percent after hours after the biotech company released disappointing test results from one of its chronic liver disease drugs. Earnings per share were 23 cents, compared to the 18 cents that analysts expected. The company gave strong 2019 revenue guidance and 2019 earnings per share guidance were largely above estimates.
Chegg Inc. shares rose more than 8% in the extended session Monday after the online education services company reported fourth-quarter results well above Wall Street expectations and raised its guidance for 2019. Chegg said it earned $5.3 million, or 4 cents a share, in the quarter, compared with $3.7 million, or 3 cents a share, in the year-ago period. Adjusted for one-time items, Chegg earned $31.8 million, or 25 cents a share, in the quarter, compared with $18.1 million, or 15 cents a share, a year ago. Revenue rose 30% to $95.7 million, the company said. Analysts polled by FactSet had expected the company to report adjusted earnings of 21 cents a share on sales of $91.6 million. Chegg said it was increasing its revenue guidance for 2019 as it ended 2018 "with more momentum than expected." Chegg guided for 2019 revenue between $390 million and $395 million. The analysts surveyed by FactSet expect 2019 sales of $388 million. Chegg shares ended the regular trading day up 1.2%.
Chegg Services hits a record 3.1 million subscribers for 2018, growing 38% year-over-year. SANTA CLARA, Calif. , Feb. 11, 2019 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today ...
NEW YORK, NY / ACCESSWIRE / February 11, 2019 / Chegg, Inc. (NYSE: CHGG ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on February 11, 2019 at 4:30 PM Eastern ...