How Analysts Feel About Chefs’ Warehouse Inc (CHEF) After Today’s Huge Increase?

September 17, 2017 - By Ellis Scott

Investors sentiment increased to 1.67 in 2016 Q4. Its up 0.03, from 1.64 in 2016Q3. It increased, as 6 investors sold Chefs’ Warehouse Inc shares while 21 reduced holdings. 11 funds opened positions while 34 raised stakes. 17.95 million shares or 8.87% less from 19.69 million shares in 2016Q3 were reported.
Swiss State Bank reported 34,400 shares. Moreover, Citigroup has 0% invested in Chefs’ Warehouse Inc (NASDAQ:CHEF). Jupiter Asset Mngmt Ltd has 0.21% invested in Chefs’ Warehouse Inc (NASDAQ:CHEF) for 355,902 shares. Moreover, Deutsche Financial Bank Ag has 0% invested in Chefs’ Warehouse Inc (NASDAQ:CHEF). Natl Bank Of Mellon Corporation reported 69,203 shares. Metropolitan Life Insurance Ny has invested 0% of its portfolio in Chefs’ Warehouse Inc (NASDAQ:CHEF). Neuberger Berman Ltd Llc owns 56,616 shares. Bennicas & Associate has 20,100 shares. California State Teachers Retirement Sys reported 39,870 shares. Gmt Corp holds 0.1% or 301,777 shares in its portfolio. Stonebridge Capital invested in 0.07% or 10,275 shares. Rutabaga Management Limited Com Ma holds 1.9% or 702,208 shares in its portfolio. Blackrock Institutional Tru Na, a California-based fund reported 452,610 shares. Geode Capital Mngmt Lc owns 0% invested in Chefs’ Warehouse Inc (NASDAQ:CHEF) for 138,871 shares. Manufacturers Life Insurance Company The holds 14,634 shares.

The stock of Chefs’ Warehouse Inc (NASDAQ:CHEF) is a huge mover today! The stock increased 4.15% or $0.7 on September 15, reaching $17.55. About 201,558 shares traded or 5.24% up from the average. Chefs’ Warehouse Inc (NASDAQ:CHEF) has declined 1.13% since September 17, 2016 and is downtrending. It has underperformed by 17.83% the S&P500.
The move comes after 9 months positive chart setup for the $462.63M company. It was reported on Sep, 17 by Barchart.com. We have $18.78 PT which if reached, will make NASDAQ:CHEF worth $32.38 million more.

Analysts expect Chefs’ Warehouse Inc (NASDAQ:CHEF) to report $0.10 EPS on November, 1.They anticipate $0.03 EPS change or 42.86 % from last quarter’s $0.07 EPS. CHEF’s profit would be $2.64M giving it 43.88 P/E if the $0.10 EPS is correct. After having $0.14 EPS previously, Chefs’ Warehouse Inc’s analysts see -28.57 % EPS growth.

Chefs’ Warehouse Inc (NASDAQ:CHEF) Ratings Coverage

Among 7 analysts covering Chefs’ Warehouse (NASDAQ:CHEF), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Chefs’ Warehouse had 17 analyst reports since July 31, 2015 according to SRatingsIntel. Canaccord Genuity upgraded the shares of CHEF in report on Friday, February 19 to “Buy” rating. Jefferies maintained Chefs’ Warehouse Inc (NASDAQ:CHEF) rating on Friday, August 25. Jefferies has “Buy” rating and $20.0 target. The stock has “Hold” rating by BMO Capital Markets on Thursday, August 3. As per Friday, September 23, the company rating was initiated by Barclays Capital. The rating was maintained by Canaccord Genuity on Monday, August 28 with “Buy”. The firm earned “Hold” rating on Wednesday, August 9 by BMO Capital Markets. Canaccord Genuity maintained Chefs’ Warehouse Inc (NASDAQ:CHEF) on Thursday, January 21 with “Hold” rating. The stock of Chefs’ Warehouse Inc (NASDAQ:CHEF) has “Buy” rating given on Thursday, August 10 by Canaccord Genuity. The company was maintained on Wednesday, February 22 by Barclays Capital. Deutsche Bank maintained Chefs’ Warehouse Inc (NASDAQ:CHEF) rating on Friday, July 31. Deutsche Bank has “Hold” rating and $20 target.

More notable recent Chefs’ Warehouse Inc (NASDAQ:CHEF) news were published by: Zacks.com which released: “Is Chefs’ Warehouse an Incredible Momentum Stock? 3 Reasons Why CHEF Will Be …” on September 05, 2017, also Benzinga.com with their article: “Chef’s Warehouse, Performance Food Group: 2 Food Names Analysts Find Appetizing” published on May 16, 2017, Fool.com published: “Chefs’ Warehouse falls short on the bottom line” on November 03, 2016. More interesting news about Chefs’ Warehouse Inc (NASDAQ:CHEF) were released by: Fool.com and their article: “Chefs’ Warehouse makes progress” published on August 10, 2017 as well as Fool.com‘s news article titled: “What’s next for Chefs’ Warehouse?” with publication date: February 21, 2017.

The Chefs’ Warehouse, Inc. is a distributor of specialty food products in the United States and Canada. The company has market cap of $462.63 million. The Firm operates through food product distribution segment, which is concentrated on the East and West Coasts of the United States. It has a 36.98 P/E ratio. The Firm is focused on serving the specific needs of chefs owning and/or operating some of the menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty food stores in the United States and Canada.

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