Analysts forecast that The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) will report $0.22 earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have issued estimates for The Chefs’ Warehouse’s earnings, with the lowest EPS estimate coming in at $0.21 and the highest estimate coming in at $0.22. The Chefs’ Warehouse posted earnings of $0.18 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 22.2%. The business is scheduled to issue its next quarterly earnings report on Tuesday, February 20th.

On average, analysts expect that The Chefs’ Warehouse will report full year earnings of $0.42 per share for the current year, with EPS estimates ranging from $0.41 to $0.42. For the next fiscal year, analysts forecast that the firm will post earnings of $0.58 per share, with EPS estimates ranging from $0.57 to $0.59. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover The Chefs’ Warehouse.

The Chefs’ Warehouse (NASDAQ:CHEF) last released its quarterly earnings data on Wednesday, November 8th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $325.08 million during the quarter, compared to analysts’ expectations of $322.78 million. The Chefs’ Warehouse had a net margin of 1.09% and a return on equity of 5.08%. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 EPS.

CHEF has been the subject of several research reports. BidaskClub raised shares of The Chefs’ Warehouse from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. ValuEngine raised shares of The Chefs’ Warehouse from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. BMO Capital Markets set a $16.00 target price on shares of The Chefs’ Warehouse and gave the company a “hold” rating in a research report on Thursday, August 3rd. Zacks Investment Research raised shares of The Chefs’ Warehouse from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Friday, August 11th. Finally, Canaccord Genuity reissued a “buy” rating and set a $19.00 target price (up previously from $18.00) on shares of The Chefs’ Warehouse in a research report on Friday, August 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $19.67.

Large investors have recently added to or reduced their stakes in the company. Alliancebernstein L.P. lifted its holdings in The Chefs’ Warehouse by 30.1% during the second quarter. Alliancebernstein L.P. now owns 1,860,303 shares of the company’s stock valued at $24,184,000 after purchasing an additional 430,943 shares in the last quarter. Legion Partners Asset Management LLC lifted its stake in shares of The Chefs’ Warehouse by 11.4% in the third 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 in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of The Chefs’ Warehouse by 14.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,155,649 shares of the company’s stock worth $22,304,000 after buying an additional 146,794 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of The Chefs’ Warehouse by 5.3% in the second quarter. Vanguard Group Inc. now owns 1,021,737 shares of the company’s stock worth $13,282,000 after buying an additional 51,879 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of The Chefs’ Warehouse by 1.7% in the second quarter. Wells Fargo & Company MN now owns 455,020 shares of the company’s stock worth $5,915,000 after buying an additional 7,412 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

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The Chefs’ Warehouse (NASDAQ:CHEF) traded up $0.20 during trading on Tuesday, reaching $18.40. 229,700 shares of the company’s stock traded hands, compared to its average volume of 174,305. The stock has a market cap of $483.47, a PE ratio of 47.90, a price-to-earnings-growth ratio of 2.31 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. The Chefs’ Warehouse has a 12 month low of $11.85 and a 12 month high of $21.90.

About The 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 The Chefs` Warehouse (NASDAQ:CHEF)

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