CHEF stock: buy or sell?

CHEF stock price: $39.33 2.02% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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The Chefs' Warehouse closed today at $39.33 after reaching a new all time high ($39.56) and soared an excellent 2.02%.

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. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 3 buy setups match with The Chefs' Warehouse stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MAYes

Is The Chefs' Warehouse stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for CHEF stock for the last 30 days.

CHEF stock analysis

Daily outlook

The Chefs' Warehouse shares soared 2.02% today and touched a new all time high at $39.56.

The Chefs' Warehouse shares soared 2.02% today and touched a new all time high at $39.56. On Monday, SMA100d and SMA200d crossed up triggering a rise of 3.36%. Since price and SMA200d lines crossed up on June, CHEF climbed $6.03 (18.11%). CHEF shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on August/14, CHEF climbed unceasignly breaking out to new all time highs.

CHEF stock chart (daily)

Weekly outlook

The Chefs' Warehouse ended this week at $39.33 after topping to a new all time high ($39.56) and jumped a very good 3.36%. For 5 weeks in a row, price climbed and marked a profit of 14.35%. Late July CHEF boosted a dazzling 5.65% in just one week.

The Chefs' Warehouse stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since SMA20d and SMA40w crossed up early August, CHEF price climbed $2.31 per share (6.24%). Since late June when CHEF stock price broke up the SMA40w line, it gained $7.58 (23.87%).

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 grew a 131.40%, with an average of 16.40% per year. If you had invested $1,000 in CHEF stock in 2011, it would worth $1,314.00 today.

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

CHEF stock historical price chart

CHEF stock reached all-time highs today with a price of $39.56.

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. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not found any price prediction for The Chefs' Warehouse stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on February, 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

In 2018, The Chefs' Warehouse annual turnover skyrocketed a superb 10.99% to $1,444.61 M USD from $1,301.52 marked in 2017. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) remained stable 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 posted $394.06 million in sales 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 inched 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 a wonderful increase and rocketed 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 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, 16.28% of all outstanding shares are owned by its staff.

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

For a better understanding, the following table shows ownership data compared to other related companies:

CHEFCOREDITSPTNSYY
Market cap$1.2 B$1.5 B$50.7 M$404.5 M$37.7 B
Total shares29.9 M45.9 M0.6 M36.3 M514.0 M
Float shares24.9 M44.9 M0.2 M35.1 M512.7 M
  - Institutional holdings (%)87.6%93.9%14.6%89.1%81.7%
  - Insider holdings (%)16.3%2.4%58.9%2.9%0.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

CHEF summary

Thursday, August 22nd, 2019
Open$38.60
Close$39.33
Day range$38.44 - $39.56
Previous close$38.55
Session gain2.02%
Average true range$0.90
50d mov avg$35.47
100d mov avg$34.14
200d mov avg$33.94
Daily patternlb03c
Weekly pattern lt06a

The Chefs' Warehouse performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared The Chefs' Warehouse against Core-Mark, AMCON Distributing, SpartanNash, Sysco, United Natural Foods and G. Willi-Food International in the following table:
Stock3m6m12m
CHEFThe Chefs' Wa...14.70%21.73%35.85%
CORECore-Mark-15.46%3.83%-8.06%
DITAMCON Distributin...1.60%-5.31%-16.14%
SPTNSpartanNash-12.28%-40.74%-45.66%
SYYSysco-1.81%10.09%-1.07%
UNFIUnited Natural Fo...-28.82%-44.82%-76.64%
WILCG. Willi-Food Int...10.70%26.67%51.45%

The Chefs' Warehouse competitors

We selected a few stocks to conform a list of The Chefs' Warehouse competitors to watch if you are interested in investing in CHEF: