Chefs’ Warehouse Inc. Sets New 1-Year High at $23.66 (CHEF)
Chefs’ Warehouse (NASDAQ:CHEF) set a new 52-week high during trading hours on Monday, ARN reports. The company traded as high as $23.66 and last traded at $23.55, with a volume of 241,793 shares. The stock had previously closed at $21.80.
A number of analysts have recently weighed in on CHEF shares. Analysts at BB&T Corp. raised their price target on shares of Chefs’ Warehouse (NASDAQ:CHEF) to $25.00 in a research note to investors on Thursday, September 5th. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Chefs’ Warehouse (NASDAQ:CHEF) from $21.00 to $24.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Chefs’ Warehouse (NASDAQ:CHEF) from $20.00 to $24.00 in a research note to investors on Thursday, July 18th. They now have a “buy” rating on the stock.
Chefs’ Warehouse has a 52 week low of $13.85 and a 52 week high of $23.65. The stock’s 50-day moving average is $22.45 and its 200-day moving average is $19.6. The company has a market cap of $503.9 million and a price-to-earnings ratio of 29.86.
Chefs’ Warehouse (NASDAQ:CHEF) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.26 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.26. The company had revenue of $170.20 million for the quarter, compared to the consensus estimate of $166.11 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 48.3% on a year-over-year basis. On average, analysts predict that Chefs’ Warehouse will post $0.94 earnings per share for the current fiscal year.
The Chefs’ Warehouse, Inc, formerly Chefs’ Warehouse Holdings, LLC, is a distributor of specialty food products in the United States.
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