Should I buy or sell Chefs' Warehouse stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chefs' Warehouse in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHEF shares. View CHEF analyst ratings or view top-rated stocks .

What is Chefs' Warehouse's stock price target for 2024?

4 Wall Street research analysts have issued 1-year target prices for Chefs' Warehouse's stock. Their CHEF share price targets range from $35.00 to $49.00. On average, they predict the company's share price to reach $41.00 in the next year. This suggests a possible upside of 44.6% from the stock's current price. View analysts price targets for CHEF or view top-rated stocks among Wall Street analysts .

How have CHEF shares performed in 2023?

Chefs' Warehouse's stock was trading at $33.28 on January 1st, 2023. Since then, CHEF shares have decreased by 14.8% and is now trading at $28.35. View the best growth stocks for 2023 here .

Are investors shorting Chefs' Warehouse?

Chefs' Warehouse saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,980,000 shares, an increase of 6.4% from the October 31st total of 2,800,000 shares. Based on an average daily trading volume, of 471,500 shares, the days-to-cover ratio is presently 6.3 days. Approximately 8.6% of the shares of the company are sold short. View Chefs' Warehouse's Short Interest .

When is Chefs' Warehouse's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our CHEF earnings forecast .

How were Chefs' Warehouse's earnings last quarter?

The Chefs' Warehouse, Inc. (NASDAQ:CHEF) issued its quarterly earnings results on Wednesday, November, 1st. The company reported $0.33 EPS for the quarter, meeting analysts' consensus estimates of $0.33. The company earned $881.83 million during the quarter, compared to analyst estimates of $836.19 million. Chefs' Warehouse had a trailing twelve-month return on equity of 12.36% and a net margin of 0.60%. The company's revenue for the quarter was up 33.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 EPS.

What ETFs hold Chefs' Warehouse's stock?

ETFs with the largest weight of Chefs' Warehouse (NASDAQ:CHEF) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC) and First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) . Syntax Stratified SmallCap ETF (SSLY) .

What is Christopher Pappas' approval rating as Chefs' Warehouse's CEO?

40 employees have rated Chefs' Warehouse Chief Executive Officer Christopher Pappas on Glassdoor.com . Christopher Pappas has an approval rating of 54% among the company's employees. This puts Christopher Pappas in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Chefs' Warehouse own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chefs' Warehouse investors own include Carnival Co. & (CCL) , Walt Disney (DIS) , General Motors (GM) , AT&T (T) , Boeing (BA) , Delta Air Lines (DAL) , Southwest Airlines (LUV) , Gilead Sciences (GILD) , Micron Technology (MU) and Pfizer (PFE) .

Who are Chefs' Warehouse's major shareholders?

Chefs' Warehouse's stock is owned by a variety of institutional and retail investors. Top institutional investors include Jennison Associates LLC (3.53%), Wellington Management Group LLP (3.43%), Morgan Stanley (3.27%), Schroder Investment Management Group (2.40%), Federated Hermes Inc. (2.02%) and Kennedy Capital Management LLC (1.44%). Insiders that own company stock include Alexandros Aldous , Christopher Pappas , James Leddy , John Pappas , Joseph M Cugine, Katherine Oliver, Patricia Lecouras and Tim Mccauley . View institutional ownership trends .

How do I buy shares of Chefs' Warehouse?

Shares of CHEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Chefs' Warehouse (CHEF) Stock Price, News & Analysis

$28.31

+0.30 (+1.07%)

(As of 01:57 PM ET)

Compare

Today's Range: $28.04
▼
$28.55
50-Day Range: $17.83
▼
$28.01
52-Week Range: $17.29
▼
$39.49

Volume: 89,795 shs
Average Volume: 375,572 shs
Market Capitalization: $1.12 billion

P/E Ratio: 55.51
Dividend Yield: N/A
Price Target: $41.00

Chefs' Warehouse MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 44.6% Upside
$41.00 Price Target
Short Interest: Bearish
8.56% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.21
Based on 6 Articles This Week
Insider Trading: Selling Shares
$272,820 Sold Last Quarter
Proj. Earnings Growth: 15.87%
From $1.26 to $1.46 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Consumer Staples Sector

39th out of 121 stocks

Groceries, General Line Industry

2nd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Chefs' Warehouse has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $41.00, Chefs' Warehouse has a forecasted upside of 44.6% from its current price of $28.35.
Amount of Analyst Coverage
Chefs' Warehouse has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.56% of the float of Chefs' Warehouse has been sold short.
Short Interest Ratio / Days to Cover
Chefs' Warehouse has a short interest ratio ("days to cover") of 6.3.
Change versus previous month
Short interest in Chefs' Warehouse has recently increased by 6.43%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Chefs' Warehouse does not currently pay a dividend.
Dividend Growth
Chefs' Warehouse does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CHEF.

2.3

News and Social Media Coverage

News Sentiment
Chefs' Warehouse has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Chefs' Warehouse this week, compared to 5 articles on an average week.
Search Interest
Only 1 people have searched for CHEF on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
4 people have added Chefs' Warehouse to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Chefs' Warehouse insiders have sold 1,256.64% more of their company's stock than they have bought. Specifically, they have bought $20,110.00 in company stock and sold $272,820.00 in company stock.
Percentage Held by Insiders
11.90% of the stock of Chefs' Warehouse is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
88.95% of the stock of Chefs' Warehouse is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Chefs' Warehouse are expected to grow by 15.87% in the coming year, from $1.26 to $1.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Chefs' Warehouse is 55.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chefs' Warehouse is 55.59, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 24.15.
Price to Book Value per Share Ratio
Chefs' Warehouse has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Chefs' Warehouse Stock (NASDAQ:CHEF)

The Chefs' Warehouse, Inc., together with its subsidiaries, engages in distribution of specialty food products in the United States and Canada. The company's product portfolio includes approximately 55,000 stock-keeping units, such as specialty food products, including artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products. It also offers a line of center-of-the-plate products, such as custom cut beef, seafood, and hormone-free poultry, as well as food products comprising cooking oils, butter, eggs, milk, and flour. The company serves menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos, and specialty food stores. It markets its center-of-the-plate products directly to consumers through a mail and e-commerce platform. The company was founded in 1985 and is headquartered in Ridgefield, Connecticut.

CHEF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CHEF Stock News Headlines

December 10, 2023 | msn.com

Celebrity chef names Merseyside restaurant in his top five in the country

December 9, 2023 | msn.com

ITV chef James Martin shares Christmas grazing board that's 'sure to impress'

December 11, 2023 | Edge On The Street (Ad)

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December 8, 2023 | msn.com

Where To Eat This Weekend: Wagyu-Fried Rice, Matzoh Ball Pho, New Zealand Ice Cream, and Guisos En Pomona

December 6, 2023 | bizjournals.com

Kevin Gillespie confirms new restaurant at iconic Atlanta space. Here are details.

December 4, 2023 | msn.com

3 Reasons to Cancel Your Costco Membership in 2024

December 3, 2023 | yahoo.com

Blue Wahoos chefs relish competition in World Food Championships

November 29, 2023 | msn.com

“Fresh, Homemade, and Affordable Food:” Coral Springs Chefs Open Moore Fire Grill, Offering Their Take on Southern and Louisiana Cuisine

December 11, 2023 | DTI Trader (Ad)

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November 28, 2023 | seekingalpha.com

The Chefs' Warehouse: An Expensive Strategy

November 28, 2023 | msn.com

Ashley Christensen's Poole'side Pies to close, making way for a new concept from the acclaimed chef

November 25, 2023 | msn.com

USA-Based Chef Earns Over R20k for Weekends, Hourly Rate on Normal Day Makes Him High Earner

November 24, 2023 | msn.com

Tributes pour in after BBC chef dies aged 57

November 24, 2023 | msn.com

Don’t Send Compliments to the Chef and Other New Rules of Dining Out in 2023

November 22, 2023 | msn.com

An American chef living in Sweden hosted a Friendsgiving feast for over 16 people for the 2nd year in a row. Here's how she does it.

November 22, 2023 | yahoo.com

Is Sam's Club Open on Thanksgiving 2023?

November 21, 2023 | msn.com

Why Frozen Fries Are Actually Chef Approved

November 20, 2023 | msn.com

Time Out Market Cape Town kicked off with the best culinary offerings while also sampling a taste of culture

November 17, 2023 | msn.com

The Country’s Coolest Hotels and Restaurants Get Their Plates From This New Jersey Studio (And You Can, Too)

November 14, 2023 | afr.com

Chefs and secretaries are in high demand. Bankers not so much

November 8, 2023 | bizjournals.com

November 6, 2023 | yahoo.com

These Chef-Approved Cutting Boards at Costco Are Too Good to Pass Up

November 2, 2023 | finance.yahoo.com

The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) Q3 2023 Earnings Call Transcript

November 1, 2023 | finance.yahoo.com

Why Chefs' Warehouse Stock Popped Today

November 1, 2023 | finanznachrichten.de

The Chefs' Warehouse, Inc.: The Chefs' Warehouse Reports Third Quarter 2023 Financial Results

November 1, 2023 | msn.com

The Chefs' Warehouse Non-GAAP EPS of $0.33 misses by $0.02, revenue of $881.8M beats by $45.61M

November 1, 2023 | finance.yahoo.com

The Chefs’ Warehouse Reports Third Quarter 2023 Financial Results

See More Headlines

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Company Calendar

Last Earnings: 11/01/2023
Today: 12/11/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Groceries, general line
Sub-Industry: Food Distributors
Sector: Consumer Staples
Current Symbol: NASDAQ:CHEF
CUSIP: 16308610
CIK: 1517175
Web: www.chefswarehouse.com
Phone: (203) 894-1345
Fax: N/A
Employees: 4,124
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $41.00
High Stock Price Target: $49.00
Low Stock Price Target: $35.00
Potential Upside/Downside: +44.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.51
Trailing P/E Ratio: 55.59
Forward P/E Ratio: 22.50
P/E Growth: N/A
Net Income: $27.75 million
Net Margins: 0.60%
Pretax Margin: 1.07%
Return on Equity: 12.36%
Return on Assets: 3.23%

Debt

Debt-to-Equity Ratio: 1.59
Current Ratio: 2.06
Quick Ratio: 1.17

Sales & Book Value

Annual Sales: $2.61 billion
Price / Sales: 0.43
Cash Flow: $2.65 per share
Price / Cash Flow: 10.70
Book Value: $10.49 per share
Price / Book: 2.70

Miscellaneous

Outstanding Shares: 39,670,000
Free Float: 34,945,000
Market Cap: $1.12 billion
Optionable: Optionable
Beta: 2.10

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Key Executives

Mr. Christopher Pappas (Age 63)
Founder, Chairman, CEO & President
Comp: $2.14M
Mr. John Pappas (Age 59)
Founder, Vice Chairman & COO
Comp: $1.19M
Mr. James F. Leddy (Age 60)
CFO & Assistant Secretary
Comp: $825.08k
Mr. Timothy McCauley (Age 58)
Chief Accounting Officer
Comp: $533.63k
Mr. Alexandros Aldous (Age 42)
Gen. Counsel, Chief Government Relations Officer, Corporate Secretary & Chief Administrative Officer
Comp: $769.25k
Ms. Christina Polychroni
Chief Human Resources Officer
Mr. Ed Kauffeld
Executive Vice President
Mr. Jonathan Steckler (Age 54)
Executive Vice President of Supply Chain & Business Intelligence

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CHEF Stock Analysis - Frequently Asked Questions

Should I buy or sell Chefs' Warehouse stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chefs' Warehouse in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHEF shares.
View CHEF analyst ratings or view top-rated stocks.
What is Chefs' Warehouse's stock price target for 2024?: 4 Wall Street research analysts have issued 1-year target prices for Chefs' Warehouse's stock. Their CHEF share price targets range from $35.00 to $49.00. On average, they predict the company's share price to reach $41.00 in the next year. This suggests a possible upside of 44.6% from the stock's current price.
View analysts price targets for CHEF or view top-rated stocks among Wall Street analysts.
How have CHEF shares performed in 2023?: Chefs' Warehouse's stock was trading at $33.28 on January 1st, 2023. Since then, CHEF shares have decreased by 14.8% and is now trading at $28.35.
View the best growth stocks for 2023 here.
Are investors shorting Chefs' Warehouse?: Chefs' Warehouse saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,980,000 shares, an increase of 6.4% from the October 31st total of 2,800,000 shares. Based on an average daily trading volume, of 471,500 shares, the days-to-cover ratio is presently 6.3 days. Approximately 8.6% of the shares of the company are sold short.
View Chefs' Warehouse's Short Interest.
When is Chefs' Warehouse's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our CHEF earnings forecast.
How were Chefs' Warehouse's earnings last quarter?: The Chefs' Warehouse, Inc. (NASDAQ:CHEF) issued its quarterly earnings results on Wednesday, November, 1st. The company reported $0.33 EPS for the quarter, meeting analysts' consensus estimates of $0.33. The company earned $881.83 million during the quarter, compared to analyst estimates of $836.19 million. Chefs' Warehouse had a trailing twelve-month return on equity of 12.36% and a net margin of 0.60%. The company's revenue for the quarter was up 33.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 EPS.

What ETFs hold Chefs' Warehouse's stock?: ETFs with the largest weight of Chefs' Warehouse (NASDAQ:CHEF) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC) and First Trust Multi-Manager Small Cap Opportunities ETF (MMSC).Syntax Stratified SmallCap ETF (SSLY).
What is Christopher Pappas' approval rating as Chefs' Warehouse's CEO?: 40 employees have rated Chefs' Warehouse Chief Executive Officer Christopher Pappas on Glassdoor.com. Christopher Pappas has an approval rating of 54% among the company's employees. This puts Christopher Pappas in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Chefs' Warehouse own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Chefs' Warehouse investors own include Carnival Co. & (CCL), Walt Disney (DIS), General Motors (GM), AT&T (T), Boeing (BA), Delta Air Lines (DAL), Southwest Airlines (LUV), Gilead Sciences (GILD), Micron Technology (MU) and Pfizer (PFE).
Who are Chefs' Warehouse's major shareholders?: Chefs' Warehouse's stock is owned by a variety of institutional and retail investors. Top institutional investors include Jennison Associates LLC (3.53%), Wellington Management Group LLP (3.43%), Morgan Stanley (3.27%), Schroder Investment Management Group (2.40%), Federated Hermes Inc. (2.02%) and Kennedy Capital Management LLC (1.44%). Insiders that own company stock include Alexandros Aldous, Christopher Pappas, James Leddy, John Pappas, Joseph M Cugine, Katherine Oliver, Patricia Lecouras and Tim Mccauley.
View institutional ownership trends.
How do I buy shares of Chefs' Warehouse?: Shares of CHEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CHEF) was last updated on 12/11/2023 by MarketBeat.com Staff

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