CHEF stock: buy or sell?

CHEF stock price: $10.40 22.93% At close on April 6th, 2020

Updated on:
April 6th, 2020

1

After sliding a chilling -7.33% on Friday, The Chefs' Warehouse closed today at $10.40 and skyrocketed an amazing 22.93%.

The Chefs' Warehouse, Inc., together with its subsidiaries, distributes specialty food products in the United States and Canada.

Should I buy CHEF stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with The Chefs' Warehouse stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CHEF will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is The Chefs' Warehouse stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for CHEF stock for the last 30 days.

CHEF stock analysis

Daily outlook

After sliding a chilling -7.33% on Friday, The Chefs' Warehouse closed today at $10.40 and skyrocketed an amazing 22.93%.

After sliding a chilling -7.33% on Friday, The Chefs' Warehouse closed today at $10.40 and skyrocketed an amazing 22.93%. Since price and SMA200d lines crossed down on February, CHEF fell $-26.09 per share (-71.50%).

CHEF stock chart (daily)

Weekly outlook

After sliding a spooky -26.60% in a week last week, The Chefs' Warehouse closed this week at $10.40 and boosted a super good 22.93%.

Since mid February, when CHEF stock price broke down the 40-weeks moving avarage line, it slid $-26.70 per share (-71.97%). Stocks under the 200 days moving average line are usually not recommended for average traders. Far behind is the all-time high The Chefs' Warehouse recorded early September and since then the price is -75.27% below that top.

CHEF stock chart (weekly)

CHEF stock price history

CHEF stock went public on July 28th, 2011 with a price of $17.001. Since then, CHEF stock sliced a -38.80%, with a yearly average of -4.90%.

1: Adjusted price after possible price splits or reverse-splits.

CHEF stock historical price chart

CHEF stock reached all-time highs on September with a price of $42.06.

CHEF stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price prediction for The Chefs' Warehouse stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report , The Chefs' Warehouse . Unfortunately, reported EPS is not yet available in our database.
CHEF earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.14n/a
2017-Q32017-11-080.10.1110.0%
2017-Q42018-02-200.220.234.5%
2018-Q12018-05-090.010.03200.0%
2018-Q22018-08-010.210.2414.3%
2018-Q32018-11-010.190.190.0%
2018-Q42019-02-130.320.320.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a cool increase of 10.99% to $1,444.61 M dollars. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) stayed steady a 0.31% to 1.41%.

CHEF annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$674 M-$17 M2.5%-
2014$837 M24.21%$14 M1.7%-16.33%
2015$1,059 M26.58%$16 M1.5%14.03%
2016$1,193 M12.64%$3.02 M0.3%-81.35%
2017$1,302 M9.11%$14 M1.1%375.22%
2018$1,445 M10.99%$20 M1.4%42.02%

Quarterly financial results

The Chefs' Warehouse reported $394.06 M in revenues for 2018-Q4, a 9.01% improvement compared to previous quarter. Reported quarter earnings marked $8.88 million with a profit margin of 2.25%. Profit margin appreciated a 1.10% compared to previous quarter when profit margin was 1.15%. When comparing sales to same quarter last year, The Chefs' Warehouse sales marked an impressive growth and boosted a 10.35%.
CHEF quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$332 M-$4 M1.1%-
2017-Q3$325 M-1.99%$3 M0.9%-22.32%
2017-Q4$357 M9.85%$9 M2.7%232.62%
2018-Q1$319 M-10.78%$1 M0.2%-94.26%
2018-Q2$370 M16.27%$7 M1.8%1,153.49%
2018-Q3$361 M-2.41%$4 M1.1%-39.04%
2018-Q4$394 M9.01%$9 M2.3%113.66%
2019-Q1$357 M-9.40%$1 M0.3%-87.23%

The Chefs' Warehouse ownership

When you are planning to buy shares of a stock, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For The Chefs' Warehouse, 16.24% of all outstanding shares are owned by its staff.

Bearish positions for CHEF stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to The Chefs' Warehouse:

CHEF
Market cap$315.4 M
Total shares30.3 M
Float shares25.2 M
  - Institutional holdings (%)90.1%
  - Insider holdings (%)16.2%
Shares in short selling0.0%

CHEF summary

Monday, April 6th, 2020
Open$9.62
Close$10.40
Day range$9.13 - $10.47
Previous close$8.46
Session gain22.93%
Average true range$2.30
50d mov avg$25.24
100d mov avg$31.03
200d mov avg$34.00
Daily pattern
Weekly pattern

The Chefs' Warehouse performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For The Chefs' Warehouse, the benchmark is made against .
Stock3m6m12m
CHEFThe Chefs' Wa...-72.99%-71.44%-67.60%

The Chefs' Warehouse competitors

Unfortunately, we could not find any public company that could be defined as The Chefs' Warehouse competitor. This doesn't mean The Chefs' Warehouse does not have any competitor in the market, it's just we could not detected it.