Chegg, Inc. (CHGG) reported fourth quarter EPS of $0.19 after the close Monday, compared to the consensus estimate of $0.15. Revenues increased 9.5% from last year to $84.42 million. Analysts expected revenues of $85.23 million. The stock is now up $0.30 to $7.05 on 678,378 shares.
For full year 2014, Chegg reported revs of $304.8 million, an increase of 19% compared to fiscal 2013. GAAP gross profit was $93.8 million vs. non GAAP gross profit of $94.5 million.
For Q1 and full year 2015, revenue is expected in the range of $76 million- $80 million, and $288 million – $312 million, respectively.
On valuation measures, Chegg Inc. shares, which currently have an average 3-month trading volume of 291,020 shares, trade at a forward P/E of 45.00 and a P/E to growth ratio of (0.07). The median Wall Street price target on the name is $9.50 with a high target of $11.00. Currently ticker boasts 5 ‘Buy’ endorsements, compared to 1 ’Hold’ and no ‘Sell’.
Profitability-wise, CHGG has a t-12 profit and operating margin of (24.15%) and (22.74%), respectively. The $565.98 million market cap company reported $56.12 million in cash vs. zero debt in its most recent quarter.
CHGG currently prints a one year return of 5.47%, and a year-to-date loss of 2.32%.
The chart below shows where the equity has traded over the last 52 weeks.
Chegg Inc. operates student-first connected learning platform. The company was founded in 2005 and is headquartered in Santa Clara, California.