Equities analysts expect that Chefs' Warehouse Inc (NASDAQ:CHEF) will report earnings per share of $0.22 for the current quarter, Zacks reports. Two analysts have made estimates for Chefs' Warehouse’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.21. Chefs' Warehouse posted earnings of $0.18 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 22.2%. The firm is expected to report its next quarterly earnings results on Tuesday, February 20th.

According to Zacks, analysts expect that Chefs' Warehouse will report full year earnings of $0.42 per share for the current financial year, with EPS estimates ranging from $0.41 to $0.42. For the next year, analysts anticipate that the firm will report earnings of $0.58 per share, with EPS estimates ranging from $0.57 to $0.59. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Chefs' Warehouse.

Chefs' Warehouse (NASDAQ:CHEF) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Chefs' Warehouse had a return on equity of 5.08% and a net margin of 1.09%. The company had revenue of $325.08 million for the quarter, compared to analysts’ expectations of $322.78 million. During the same quarter in the prior year, the business posted $0.07 EPS. The business’s revenue was up 9.1% compared to the same quarter last year.

CHEF has been the topic of a number of analyst reports. TheStreet upgraded Chefs' Warehouse from a “c+” rating to a “b-” rating in a research note on Monday, October 2nd. BMO Capital Markets upgraded Chefs' Warehouse from a “market perform” rating to an “outperform” rating in a research note on Monday, November 13th. Jefferies Group restated a “buy” rating and issued a $23.00 price target on shares of Chefs' Warehouse in a research note on Friday, November 10th. Zacks Investment Research cut Chefs' Warehouse from a “hold” rating to a “sell” rating in a research note on Monday, November 13th. Finally, Canaccord Genuity increased their price target on Chefs' Warehouse from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $19.67.

Shares of Chefs' Warehouse (CHEF) opened at $20.67 on Friday. Chefs' Warehouse has a 12 month low of $11.85 and a 12 month high of $21.90. The stock has a market capitalization of $549.21, a P/E ratio of 53.29, a PEG ratio of 2.57 and a beta of 1.09. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.31 and a current ratio of 2.26.

A number of institutional investors and hedge funds have recently bought and sold shares of CHEF. Alliancebernstein L.P. raised its stake in Chefs' Warehouse by 30.1% in the 2nd quarter. Alliancebernstein L.P. now owns 1,860,303 shares of the company’s stock valued at $24,184,000 after acquiring an additional 430,943 shares during the period. Boston Partners bought a new position in Chefs' Warehouse during the 3rd quarter worth $7,095,000. Legion Partners Asset Management LLC increased its position in Chefs' Warehouse by 11.4% during the 3rd quarter. Legion Partners Asset Management LLC now owns 1,704,239 shares of the company’s stock worth $32,892,000 after buying an additional 174,876 shares during the period. Russell Investments Group Ltd. bought a new position in Chefs' Warehouse during the 3rd quarter worth $3,124,000. Finally, Dimensional Fund Advisors LP increased its position in Chefs' Warehouse by 18.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,008,855 shares of the company’s stock worth $13,115,000 after buying an additional 158,345 shares during the period. Institutional investors and hedge funds own 78.36% of the company’s stock.

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About Chefs' Warehouse

The Chefs’ Warehouse, Inc is a distributor of specialty food products in the United States and Canada. The Company operates through food product distribution segment, which is concentrated on the East and West Coasts of the United States. The Company 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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Earnings History and Estimates for Chefs' Warehouse (NASDAQ:CHEF)

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