Chegg, Inc. (CHGG) Touches $26.57 High on May, 24; Last Week Royal Caribbean Cruises Ltd. (RCL) Coverage

May 24, 2018 - By George Granger

Chegg, Inc. (NYSE:CHGG) Logo

Among 23 analysts covering Royal Caribbean Cruises Ltd. (NYSE:RCL), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Royal Caribbean Cruises Ltd. had 69 analyst reports since August 3, 2015 according to SRatingsIntel. As per Wednesday, August 5, the company rating was upgraded by Zacks. Deutsche Bank maintained it with “Hold” rating and $114 target in Wednesday, August 2 report. The rating was maintained by Susquehanna with “Buy” on Wednesday, April 25. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Buy” rating by Stifel Nicolaus on Wednesday, January 24. The rating was maintained by Stifel Nicolaus on Wednesday, November 8 with “Buy”. Bernstein initiated Royal Caribbean Cruises Ltd. (NYSE:RCL) on Friday, September 9 with “Outperform” rating. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) has “Neutral” rating given on Thursday, November 30 by Macquarie Research. The firm has “Buy” rating given on Wednesday, August 2 by Buckingham Research. SunTrust maintained the shares of RCL in report on Friday, October 13 with “Buy” rating. The firm has “Buy” rating given on Thursday, April 19 by Stifel Nicolaus. See Royal Caribbean Cruises Ltd. (NYSE:RCL) latest ratings:

27/04/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $152 New Target: $153 Maintain
25/04/2018 Broker: Susquehanna Rating: Buy New Target: $155.0000 Maintain
19/04/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $152.0000 Maintain
25/01/2018 Broker: SunTrust Rating: Buy New Target: $157.0 Maintain
25/01/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $135 New Target: $138 Maintain
25/01/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $139 New Target: $150 Maintain
25/01/2018 Broker: Wedbush Rating: Buy New Target: $145.0 Maintain
24/01/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $152.0 Maintain
18/01/2018 Broker: Susquehanna Rating: Buy New Target: $156.0 Maintain
11/01/2018 Broker: Berenberg Rating: Buy Upgrade

The stock of Chegg, Inc. (NYSE:CHGG) reached all time high today, May, 24 and still has $27.37 target or 3.00% above today’s $26.57 share price. This indicates more upside for the $2.98B company. This technical setup was reported by Barchart.com. If the $27.37 PT is reached, the company will be worth $89.40 million more. The stock increased 1.57% or $0.41 during the last trading session, reaching $26.57. About 548,862 shares traded. Chegg, Inc. (NYSE:CHGG) has risen 163.02% since May 24, 2017 and is uptrending. It has outperformed by 151.47% the S&P500.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.07, from 1.25 in 2017Q3. It is positive, as 38 investors sold Royal Caribbean Cruises Ltd. shares while 175 reduced holdings. 85 funds opened positions while 197 raised stakes. 153.74 million shares or 0.36% more from 153.19 million shares in 2017Q3 were reported. Jaffetilchin Invest Prns Ltd Company accumulated 0.33% or 8,272 shares. Moneta Gp Investment Advisors Limited Liability reported 0% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL). Westfield Capital Mgmt Limited Partnership accumulated 52,675 shares. Moreover, Los Angeles Mgmt And Equity has 0.04% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 69,062 shares. Keybank National Association Oh holds 0.01% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 11,538 shares. Advisor Prtnrs stated it has 2,875 shares. 56,869 were reported by Perella Weinberg Ptnrs Capital Mngmt L P. Virtu Limited holds 5,363 shares. Rothschild Inv Il, a Illinois-based fund reported 68,790 shares. Bamco Inc owns 0.06% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 105,188 shares. Pnc Financial Svcs Grp Inc reported 0.09% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL). Icon Advisers invested in 0.77% or 92,870 shares. Jump Trading Limited Liability Corporation reported 3,530 shares. Moreover, Cibc Asset Mgmt has 0.01% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 18,107 shares. Ruggie Gru invested in 257 shares.

Royal Caribbean Cruises Ltd. operates as a cruise company. The company has market cap of $22.69 billion. The firm operates cruises under the Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brand names. It has a 14.16 P/E ratio. The Royal Caribbean International brand provides a range of itineraries ranging from 2 to 24 nights with options for onboard dining, entertainment, and other onboard activities to various destinations.

The stock increased 0.77% or $0.82 during the last trading session, reaching $107.15. About 805,148 shares traded. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 19.16% since May 24, 2017 and is uptrending. It has outperformed by 7.61% the S&P500.

More notable recent Royal Caribbean Cruises Ltd. (NYSE:RCL) news were published by: Seekingalpha.com which released: “Royal Caribbean: Lower Risk But Also Less Reward” on May 15, 2018, also Seekingalpha.com with their article: “Royal Caribbean seen as sleeper pick” published on April 30, 2018, Seekingalpha.com published: “Valeant Pharmaceuticals Can Still Go Higher – Cramer’s Lightning Round (5/21/18)” on May 22, 2018. More interesting news about Royal Caribbean Cruises Ltd. (NYSE:RCL) were released by: Seekingalpha.com and their article: “Royal Caribbean: ‘You’ve Got Some Royal Millennials Coming'” published on May 05, 2018 as well as Streetinsider.com‘s news article titled: “Royal Caribbean Cruises (RCL) Declares $0.60 Quarterly Dividend; Approves $1B Buyback” with publication date: May 09, 2018.

Since December 13, 2017, it had 0 insider buys, and 12 selling transactions for $23.45 million activity. $1.43 million worth of Royal Caribbean Cruises Ltd. (NYSE:RCL) was sold by Liberty Jason T. Fain Richard D sold $2.57 million worth of stock or 20,000 shares. Lutoff-Perlo Lisa sold $1.39 million worth of stock or 10,483 shares. The insider Bayley Michael W sold 19,060 shares worth $2.50 million.

Since December 13, 2017, it had 0 insider buys, and 32 insider sales for $45.37 million activity. Schultz Nathan J. also sold $1.33M worth of Chegg, Inc. (NYSE:CHGG) on Wednesday, February 21. BROWN ANDREW J sold $1.97 million worth of stock or 87,500 shares. $4.87 million worth of Chegg, Inc. (NYSE:CHGG) was sold by Osier Michael A. on Monday, May 7. Another trade for 10,000 shares valued at $175,000 was made by Lem Esther on Tuesday, February 13. 150,000 shares were sold by ROSENSWEIG DANIEL, worth $3.72M. HOUSENBOLD JEFFREY T sold $1.09 million worth of stock. BORDERS DAVE JR. also sold $217,017 worth of Chegg, Inc. (NYSE:CHGG) shares.

More news for Chegg, Inc. (NYSE:CHGG) were recently published by: Seekingalpha.com, which released: “Chegg May Be Overvalued. So What?” on May 16, 2018. Fool.com‘s article titled: “What’s the Story With Chegg’s Cash?” and published on May 03, 2018 is yet another important article.

Chegg, Inc. operates student-first connected learning platform that help students transition from high school to college to career. The company has market cap of $2.98 billion. The companyÂ’s services and products help students to study for college admission exams, find the right college to accomplish their goals, get better grades and test scores while in school, and find internships that allow them to gain skills to help them enter the workforce after college. It currently has negative earnings. It offers print textbook and eTextbook library for rent and sale; and provides eTextbooks, supplemental materials, Chegg Study service, tutoring service, writing tools, textbook buyback, test preparation service, internships, and college admissions and scholarship services, as well as enrollment marketing and brand advertising services.

Among 14 analysts covering Chegg Inc (NYSE:CHGG), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Chegg Inc has $2600 highest and $6 lowest target. $19.50’s average target is -26.61% below currents $26.57 stock price. Chegg Inc had 46 analyst reports since August 5, 2015 according to SRatingsIntel. Raymond James downgraded the stock to “Hold” rating in Friday, April 27 report. BMO Capital Markets maintained Chegg, Inc. (NYSE:CHGG) rating on Wednesday, July 26. BMO Capital Markets has “Outperform” rating and $18 target. The rating was initiated by First Analysis on Thursday, September 10 with “Overweight”. Jefferies maintained the shares of CHGG in report on Wednesday, July 26 with “Buy” rating. The company was maintained on Tuesday, February 13 by JP Morgan. The rating was maintained by Barrington Research with “Outperform” on Tuesday, February 14. Lake Street maintained Chegg, Inc. (NYSE:CHGG) on Tuesday, November 8 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Tuesday, April 10. Northland Capital maintained it with “Buy” rating and $16.0 target in Tuesday, August 29 report. Piper Jaffray maintained the stock with “Overweight” rating in Tuesday, February 23 report.

Chegg, Inc. (NYSE:CHGG) Institutional Positions Chart

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