The Chefs’ Warehouse Inc. (NASDAQ:CHEF) shares were down 6.4% during mid-day trading on Thursday . The stock traded as low as $10.31 and last traded at $10.69, with a volume of 493,188 shares. The stock had previously closed at $11.42.

Several analysts recently weighed in on CHEF shares. Zacks Investment Research upgraded shares of The Chefs’ Warehouse from a “sell” rating to a “hold” rating and set a $17.00 price target on the stock in a report on Tuesday, July 5th. JPMorgan Chase & Co. reiterated a “hold” rating and issued a $15.00 price target on shares of The Chefs’ Warehouse in a report on Wednesday. Canaccord Genuity reiterated a “hold” rating on shares of The Chefs’ Warehouse in a report on Sunday, April 17th. Jefferies Group reiterated a “buy” rating and issued a $20.00 price target on shares of The Chefs’ Warehouse in a report on Wednesday, May 4th. Finally, TheStreet cut shares of The Chefs’ Warehouse from a “buy” rating to a “hold” rating in a report on Tuesday, May 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $18.80.

The company’s 50-day moving average is $15.51 and its 200 day moving average is $16.67. The stock has a market capitalization of $282.44 million and a price-to-earnings ratio of 63.74.

The Chefs’ Warehouse (NASDAQ:CHEF) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.07. The firm earned $291.20 million during the quarter, compared to analyst estimates of $297.28 million. During the same quarter last year, the business earned $0.21 earnings per share. The Chefs’ Warehouse’s quarterly revenue was up 3.7% on a year-over-year basis. On average, equities research analysts forecast that The Chefs’ Warehouse Inc. will post $0.68 EPS for the current fiscal year.

An institutional investor recently raised its position in The Chefs’ Warehouse stock. Dimensional Fund Advisors LP increased its stake in shares of The Chefs’ Warehouse Inc. (NASDAQ:CHEF) by 17.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 455,680 shares of the company’s stock after buying an additional 66,787 shares during the period. Dimensional Fund Advisors LP owned approximately 1.73% of The Chefs’ Warehouse worth $7,601,000 as of its most recent filing with the SEC.

The Chefs’ Warehouse, Inc is a distributor of specialty food products in the United States and Canada. The Company operates through food product distribution segment, which is concentrated on the East and West Coasts of the United States. It is focused on serving the specific needs of chefs owning and/or operating some of the menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty food stores in the United States and Canada.

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