Yousif Capital Management LLC Has $839,000 Holdings in The Chefs’ Warehouse, Inc. $CHEF

Yousif Capital Management LLC lifted its holdings in shares of The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) by 2.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,152 shares of the company’s stock after purchasing an additional 260 shares during the period. Yousif Capital Management LLC’s holdings in Chefs’ Warehouse were worth $839,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of CHEF. CWM LLC increased its stake in Chefs’ Warehouse by 50.6% in the first quarter. CWM LLC now owns 542 shares of the company’s stock valued at $30,000 after purchasing an additional 182 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Chefs’ Warehouse during the first quarter valued at about $37,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Chefs’ Warehouse during the first quarter worth about $46,000. GAMMA Investing LLC boosted its holdings in Chefs’ Warehouse by 27.9% during the first quarter. GAMMA Investing LLC now owns 1,537 shares of the company’s stock worth $84,000 after purchasing an additional 335 shares during the last quarter. Finally, Strs Ohio purchased a new position in Chefs’ Warehouse during the first quarter worth about $98,000. Institutional investors own 91.55% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. BTIG Research reiterated a “buy” rating and issued a $74.00 target price on shares of Chefs’ Warehouse in a research note on Tuesday. Benchmark upped their target price on shares of Chefs’ Warehouse from $68.00 to $79.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. UBS Group increased their price target on shares of Chefs’ Warehouse from $68.00 to $72.00 and gave the stock a “buy” rating in a report on Monday, July 28th. Weiss Ratings lowered shares of Chefs’ Warehouse from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Finally, Zacks Research lowered shares of Chefs’ Warehouse from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $70.29.

Chefs’ Warehouse Price Performance

Shares of Chefs’ Warehouse stock opened at $59.81 on Thursday. The Chefs’ Warehouse, Inc. has a 52-week low of $38.65 and a 52-week high of $68.94. The stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of 37.38 and a beta of 1.75. The company has a fifty day moving average of $61.17 and a 200-day moving average of $61.16. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.17 and a current ratio of 2.01.

Chefs’ Warehouse (NASDAQ:CHEF) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.07. Chefs’ Warehouse had a net margin of 1.76% and a return on equity of 13.60%. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the company earned $0.40 EPS. The firm’s revenue was up 8.4% on a year-over-year basis. Chefs’ Warehouse has set its FY 2025 guidance at EPS. Equities research analysts expect that The Chefs’ Warehouse, Inc. will post 1.73 EPS for the current year.

Chefs’ Warehouse Company Profile

The Chefs’ Warehouse, Inc, together with its subsidiaries, distributes specialty food and center-of-the-plate products in the United States, the Middle East, and Canada. The company’s product portfolio includes specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products; and center-of-the-plate products consisting of custom cut beef, seafood, and hormone-free poultry, as well as broadline food products comprising cooking oils, butter, eggs, milk, and flour.