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Shares of The Chefs Warehouse (NASDAQ:CHEF) have received an average recommendation of “Hold” from the six analysts that are covering the company, AmericanBankingNews.com reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $21.00.

The Chefs Warehouse (NASDAQ:CHEF) traded down 1.70% during mid-day trading on Wednesday, hitting $17.38. 6,924 shares of the company’s stock traded hands. The Chefs Warehouse has a 52-week low of $16.54 and a 52-week high of $29.99. The stock has a 50-day moving average of $17.89 and a 200-day moving average of $19.86. The company has a market cap of $435.7 million and a price-to-earnings ratio of 30.91.

The Chefs Warehouse (NASDAQ:CHEF) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.03. The company had revenue of $213.10 million for the quarter, compared to the consensus estimate of $205.87 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. Analysts expect that The Chefs Warehouse will post $0.65 EPS for the current fiscal year.

A number of research firms have recently commented on CHEF. Analysts at Jefferies Group cut their price target on shares of The Chefs Warehouse from $25.00 to $21.00 in a research note on Friday, August 1st. They now have a “buy” rating on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of The Chefs Warehouse from $23.00 to $17.00 in a research note on Friday, August 1st. They now have a “hold” rating on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of The Chefs Warehouse in a research note on Friday, August 1st. They set a “hold” rating and a $17.00 price target on the stock.

The Chefs’ Warehouse, Inc, formerly Chefs’ Warehouse Holdings, LLC, is a distributor of specialty food products in the United States.

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