The Chefs’ Warehouse Inc (NASDAQ: CHEF) has reported E.P.S. of $0.37 for its third fiscal quarter (ending September 30) versus $0.19 for the same period a year ago — an increase of 95%. For the latest four quarters through September 30, E.P.S. were $1.25 versus $0.52 for the same period a year ago — an increase of 140%.
Recent Price Action
The Chefs’ Warehouse Inc (NASDAQ: CHEF) stock closed at $39.26 on 10/30/24 after a decline of -4.8%. Moreover, this decline was accompanied by exceptionally high trading volume at 238% of normal. The stock has declined -3.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CHEF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Chefs Warehouse has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Chefs Warehouse has a slightly negative Appreciation Score of 37 but a good Power Rating of 80, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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