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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chefs' Warehouse in the last year. 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.

3 analysts have issued 12 month price objectives for Chefs' Warehouse's stock. Their CHEF share price forecasts range from $37.00 to $49.00. On average, they predict the company's share price to reach $43.00 in the next twelve months. This suggests a possible upside of 100.6% from the stock's current price.
View analysts price targets for CHEF or view top-rated stocks among Wall Street analysts.

Chefs' Warehouse's stock was trading at $33.28 at the start of the year. Since then, CHEF shares have decreased by 35.6% and is now trading at $21.44.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our CHEF earnings forecast.

The Chefs' Warehouse, Inc. (NASDAQ:CHEF) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.15. The business earned $881.80 million during 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%. Chefs' Warehouse's revenue for the quarter was up 36.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 earnings per share.

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).

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.

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.

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).

Chefs' Warehouse trades on the NASDAQ under the ticker symbol "CHEF."

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.
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One share of CHEF stock can currently be purchased for approximately $21.44.

Chefs' Warehouse (NASDAQ:CHEF) has a market capitalization of $850.44 million and generates $3.05 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.

The company employs 4,124 workers across the globe.

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.