Chefs’ Warehouse Inc (NASDAQ: CHEF) is 45.53% higher on its value in year-to-date trading and has touched a low of $17.29 and a high of $44.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CHEF stock was last observed hovering at around $42.50 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $42.83, the stock is 10.73% and 7.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 0.78% at the moment leaves the stock 21.47% off its SMA200. CHEF registered 49.44% gain for a year compared to 6-month gain of 12.21%.
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The stock witnessed a 5.49% loss in the last 1 month and extending the period to 3 months gives it a 8.65%, and is 6.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.56% over the week and 2.70% over the month.
Chefs’ Warehouse Inc (CHEF) has around 4873 employees, a market worth around $1.71B and $3.66B in sales. Current P/E ratio is 44.82 and Fwd P/E is 24.80. Profit margin for the company is 1.11%. Distance from 52-week low is 147.72% and -3.93% from its 52-week high. The company has generated returns on investments over the last 12 months (3.15%).
The EPS is expected to grow by 8.94% this year.
Chefs’ Warehouse Inc (CHEF) Top Institutional Holders
259.0 institutions hold shares in Chefs’ Warehouse Inc (CHEF), with institutional investors hold 107.00% of the company’s shares. The shares outstanding are 39.67M, and float is at 34.52M with Short Float at 8.90%. Institutions hold 93.40% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.38 million shares valued at $210.48 million. The investor’s holdings represent 14.2293% of the CHEF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.73 million shares valued at $$106.86 million to account for 7.2245 of the shares outstanding. The other top investors are GREENHOUSE FUNDS LLLP which holds 2.44 million shares representing 6.459% and valued at over $95.54 million, while ALLIANCEBERNSTEIN L.P. holds 6.3737 of the shares totaling 2.41 million with a market value of $94.28 million.
Chefs’ Warehouse Inc (CHEF) Insider Activity
The most recent transaction is an insider sale by Aldous Alexandros,the company’sGeneral Counsel. SEC filings show that Aldous Alexandros sold 10,000 shares of the company’s common stock on Jul 08 ’24 at a price of $42.50 per share for a total of $0.42 million. Following the sale, the insider now owns 0.12 million shares.
Chefs’ Warehouse Inc disclosed in a document filed with the SEC on Jul 03 ’24 that Aldous Alexandros (General Counsel) sold a total of 7,809 shares of the company’s common stock. The trade occurred on Jul 03 ’24 and was made at $40.00 per share for $0.31 million. Following the transaction, the insider now directly holds 0.13 million shares of the CHEF stock.
Still, SEC filings show that on Jun 25 ’24, Aldous Alexandros (General Counsel) disposed off 2,191 shares at an average price of $40.00 for $87640.0. The insider now directly holds 136,477 shares of Chefs’ Warehouse Inc (CHEF).
