Chefs’ Warehouse (NASDAQ:CHEF) is scheduled to be announcing its earnings results after the market closes on Wednesday, February 13th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.
Shares of Chefs’ Warehouse stock opened at $35.21 on Tuesday. The firm has a market cap of $1.03 billion, a PE ratio of 80.02, a P/E/G ratio of 1.78 and a beta of 0.80. The company has a current ratio of 2.71, a quick ratio of 1.77 and a debt-to-equity ratio of 0.94. Chefs’ Warehouse has a 12-month low of $18.90 and a 12-month high of $39.26.
In related news, Director John A. Couri sold 9,000 shares of the firm’s stock in a transaction on Friday, November 23rd. The stock was sold at an average price of $36.01, for a total transaction of $324,090.00. Following the sale, the director now owns 16,007 shares of the company’s stock, valued at approximately $576,412.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 20.60% of the company’s stock.
A number of research analysts have commented on CHEF shares. BidaskClub upgraded Chefs’ Warehouse from a “hold” rating to a “buy” rating in a research note on Wednesday, January 16th. Loop Capital reiterated a “buy” rating and set a $39.00 price target on shares of Chefs’ Warehouse in a research note on Friday, November 2nd. Finally, Zacks Investment Research cut Chefs’ Warehouse from a “buy” rating to a “hold” rating in a research report on Thursday, January 3rd. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $32.67.
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Chefs’ Warehouse Company Profile
The Chefs' Warehouse, Inc, together with its subsidiaries, distributes specialty food products in the United States and Canada. Its product portfolio includes approximately 48,000 stock-keeping units comprising specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products.
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