NASDAQ:CHEF

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

$23.64

+0.38 (+1.63%)

(As of 09/25/2023 ET)

Compare

Today's Range: $23.28
▼
$24.54
50-Day Range: $22.99
▼
$38.09
52-Week Range: $22.30
▼
$39.54

Volume: 554,582 shs
Average Volume: 339,378 shs
Market Capitalization: $937.80 million

P/E Ratio: 44.60
Dividend Yield: N/A
Price Target: $43.00

Chefs' Warehouse MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 81.9% Upside
$43.00 Price Target
Short Interest: Bearish
8.14% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.33
Based on 12 Articles This Week
Insider Trading: Acquiring Shares
$29,580 Bought Last Quarter
Proj. Earnings Growth: 22.14%
From $1.31 to $1.60 Per Share

Overall MarketRank^™

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

2.61 out of 5 stars

Consumer Staples Sector

33rd out of 128 stocks

Groceries, General Line Industry

3rd 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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $43.00, Chefs' Warehouse has a forecasted upside of 81.9% from its current price of $23.64.
Amount of Analyst Coverage
Chefs' Warehouse has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
8.14% 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 9.3.
Change versus previous month
Short interest in Chefs' Warehouse has recently decreased by 0.70%, indicating that investor sentiment is improving.

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.

1.8

News and Social Media Coverage

News Sentiment
Chefs' Warehouse has a news sentiment score of 0.33. 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 0.65 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 12 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 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Chefs' Warehouse to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Chefs' Warehouse insiders have bought more of their company's stock than they have sold. Specifically, they have bought $29,580.00 in company stock and sold $0.00 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 22.14% in the coming year, from $1.31 to $1.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Chefs' Warehouse is 44.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chefs' Warehouse is 44.60, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 15.85.
Price to Book Value per Share Ratio
Chefs' Warehouse has a P/B Ratio of 2.25. 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 (NASDAQ:CHEF) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

CHEF Stock News Headlines

September 26, 2023 | americanbankingnews.com

Chefs' Warehouse (NASDAQ:CHEF) Receives New Coverage from Analysts at UBS Group

September 25, 2023 | msn.com

UBS Initiates Coverage of Chefs` Warehouse (CHEF) with Buy Recommendation

September 26, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

September 25, 2023 | msn.com

Humble Pie, a Warehouse District staple, is closing

September 25, 2023 | msn.com

Chefs' Warehouse bounces off its 52-week low after UBS issues a buy call

September 25, 2023 | thetimes.co.uk

Best restaurants in Dubai

September 24, 2023 | americanbankingnews.com

Chefs' Warehouse (NASDAQ:CHEF) Sees Strong Trading Volume

September 22, 2023 | msn.com

Celebrity chefs preparing to cook together for ‘Cuisine For A Cause’

September 26, 2023 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.

September 20, 2023 | msn.com

10 Affordable Seafood Items That Taste Expensive, According to Chefs

September 19, 2023 | finance.yahoo.com

Unveiling The Chefs' Warehouse (CHEF)'s Value: Is It Really Priced Right? A Comprehensive Guide

September 19, 2023 | msn.com

Column: These chefs-in-training have overcome a lot. Now, they'd like a job

September 19, 2023 | barrons.com

Chefs' Warehouse Inc.

September 18, 2023 | yahoo.com

What You Need To Know Before Buying Kewpie Mayo At Costco

September 18, 2023 | forbes.com

Matador CEO Says A.I.-Powered Travel Tool GuideGeek Can Forge Human Connections

September 12, 2023 | msn.com

Benchmark Maintains Chefs` Warehouse (CHEF) Buy Recommendation

September 8, 2023 | bizjournals.com

Rise of Chicken N Pickle

September 8, 2023 | msn.com

A Tale of Traveling Plates and Eclectic Tapas at This New Warehouse District Restaurant

September 6, 2023 | finance.yahoo.com

The Chefs’ Warehouse, Inc. to Participate in CL King’s 21st Annual Best Ideas Conference

September 4, 2023 | latimes.com

Home Chef Promo Codes September 2023

September 4, 2023 | msn.com

‘Ain’t nobody buying those’: Walmart caught selling $15 socks in Ziploc bag

September 4, 2023 | msn.com

Chefs' Warehouse: Upside From Wholesale Food Supply - But I Say 'Hold'

August 31, 2023 | msn.com

The Grocery Store Section Chefs Always Hit First

August 31, 2023 | forbes.com

Explore The Rich Flavors Of New Orleans With These 20 Can’t-Miss Restaurants

August 31, 2023 | msn.com

Virginia volunteers respond to Florida after Idalia makes landfall

August 29, 2023 | msn.com

Hong Kong’s relaxed labour import scheme covering waiters, junior chefs and more may only benefit mid-to-large businesses, industry representative warns

August 29, 2023 | msn.com

‘Hong Kong’s relaxed labour import scheme may only benefit mid-to-large businesses’

See More Headlines

Receive CHEF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Chefs' Warehouse and its competitors with MarketBeat's FREE daily newsletter.

CHEF Company Calendar

Last Earnings: 8/02/2023
Today: 9/26/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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 Forecast: $43.00
High Stock Price Forecast: $49.00
Low Stock Price Forecast: $37.00
Forecasted Upside/Downside: +81.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.53
Trailing P/E Ratio: 44.60
Forward P/E Ratio: 18.05
P/E Growth: N/A
Net Income: $27.75 million
Net Margins: 0.68%
Pretax Margin: 1.05%
Return on Equity: 13.40%
Return on Assets: 3.63%

Debt

Debt-to-Equity Ratio: 1.68
Current Ratio: 2.14
Quick Ratio: 1.26

Sales & Book Value

Annual Sales: $2.61 billion
Price / Sales: 0.36
Cash Flow: $2.63 per share
Price / Cash Flow: 9.00
Book Value: $10.49 per share
Price / Book: 2.25

Miscellaneous

Outstanding Shares: 39,670,000
Free Float: 34,946,000
Market Cap: $937.80 million
Optionable: Optionable
Beta: 1.89

5G Stocks: The Path Forward is Profitable

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives

Mr. Christopher Pappas (Age 63)
Founder, Chairman, CEO & Pres
Comp: $2.14M

Mr. John Pappas (Age 59)
Founder, Vice Chairman & COO
Comp: $1.19M

Mr. James F. Leddy (Age 60)
CFO & Assistant Sec.
Comp: $825.08k

Mr. Timothy McCauley (Age 58)
Chief Accounting Officer
Comp: $533.63k

Mr. Alexandros Aldous (Age 42)
Gen. Counsel, Chief Gov. Relations Officer, Corp. Sec. & Chief Admin. Officer
Comp: $769.25k

Ms. Christina Polychroni
Chief HR Officer

Mr. Ed Kauffeld
Exec. VP

Mr. Jonathan Steckler (Age 54)
Exec. VP of Supply Chain & Bus. Intelligence

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CHEF Stock - Frequently Asked Questions

Should I buy or sell Chefs' Warehouse stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chefs' Warehouse in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHEF shares.
View CHEF analyst ratings or view top-rated stocks.
What is Chefs' Warehouse's stock price forecast for 2023?: 3 analysts have issued 1 year target prices for Chefs' Warehouse's stock. Their CHEF share price forecasts range from $37.00 to $49.00. On average, they anticipate the company's stock price to reach $43.00 in the next twelve months. This suggests a possible upside of 81.9% 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 at the start of the year. Since then, CHEF shares have decreased by 29.0% and is now trading at $23.64.
View the best growth stocks for 2023 here.
When is Chefs' Warehouse's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
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, August, 2nd. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.15. The company had revenue of $881.80 million for the quarter, compared to analysts' expectations of $827.62 million. Chefs' Warehouse had a trailing twelve-month return on equity of 13.40% and a net margin of 0.68%. The business's revenue for the quarter was up 36.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.51 earnings per share.
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 guidance has Chefs' Warehouse issued on next quarter's earnings?: Chefs' Warehouse updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.25 billion-$3.35 billion, compared to the consensus revenue estimate of $3.28 billion.
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).
What is Chefs' Warehouse's stock symbol?: Chefs' Warehouse trades on the NASDAQ under the ticker symbol "CHEF."
Who are Chefs' Warehouse's major shareholders?: Chefs' Warehouse's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.71%), Alliancebernstein L.P. (6.07%), Jennison Associates LLC (3.51%), State Street Corp (3.13%), Dimensional Fund Advisors LP (3.00%) and Bank of New York Mellon Corp (2.31%). 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.
What is Chefs' Warehouse's stock price today?: One share of CHEF stock can currently be purchased for approximately $23.64.
How much money does Chefs' Warehouse make?: Chefs' Warehouse (NASDAQ:CHEF) has a market capitalization of $937.80 million and generates $2.61 billion in revenue each year. The company earns $27.75 million in net income (profit) each year or $0.53 on an earnings per share basis.
How many employees does Chefs' Warehouse have?: The company employs 4,124 workers across the globe.
How can I contact Chefs' Warehouse?: Chefs' Warehouse's mailing address is 100 EAST RIDGE ROAD, RIDGEFIELD CT, 06877. The official website for the company is www.chefswarehouse.com. The company can be reached via phone at (203) 894-1345 or via email at ir@chefswarehouse.com.

This page (NASDAQ:CHEF) was last updated on 9/26/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

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

Chefs' Warehouse MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Chefs' Warehouse (NASDAQ:CHEF) Stock

CHEF Price History

CHEF Stock News Headlines

CHEF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CHEF Stock - Frequently Asked Questions

Overall MarketRank^™