The Chefs’ Warehouse Inc. (NASDAQ:CHEF) was down 3.1% during trading on Tuesday . The company traded as low as $10.75 and last traded at $10.81, with a volume of 101,493 shares changing hands. The stock had previously closed at $11.16.

A number of equities research analysts have recently commented on CHEF shares. JPMorgan Chase & Co. reiterated a “hold” rating and set a $15.00 price target on shares of The Chefs’ Warehouse in a report on Wednesday, August 3rd. Zacks Investment Research upgraded shares of The Chefs’ Warehouse from a “sell” rating to a “hold” rating and set a $17.00 target price on the stock in a report on Tuesday, July 5th. Jefferies Group restated a “buy” rating and issued a $20.00 target price 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 investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $18.80.

The firm has a 50-day moving average of $14.83 and a 200-day moving average of $16.64. The firm has a market cap of $285.66 million and a price-to-earnings ratio of 63.68.

The Chefs’ Warehouse (NASDAQ:CHEF) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.22 by $0.07. The firm had revenue of $291.20 million for the quarter, compared to analyst estimates of $297.28 million. The business’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.21 EPS. Analysts predict that The Chefs’ Warehouse Inc. will post $0.42 EPS for the current fiscal year.

A hedge fund recently raised its stake in The Chefs’ Warehouse stock. Bank of Montreal Can raised its stake in shares of The Chefs’ Warehouse Inc. (NASDAQ:CHEF) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 662,925 shares of the company’s stock after buying an additional 26,081 shares during the period. Bank of Montreal Can owned about 2.52% of The Chefs’ Warehouse worth $11,058,000 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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