Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Chefs' Warehouse Inc before investing.

In this article, we go over a few key elements for understanding Chefs' Warehouse Inc’s stock price such as:

• Chefs' Warehouse Inc’s current stock price and volume
• Why Chefs' Warehouse Inc’s stock price changed recently
• Upgrades and downgrades for CHEF from analysts
• CHEF’s stock price momentum as measured by its relative strength

About Chefs' Warehouse Inc (CHEF)

Before we jump into Chefs' Warehouse Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

The Chefs' Warehouse, Inc. is a distributor of specialty food products in the United States, the Middle East and Canada. The Company offers stock-keeping units (SKUs), ranging from specialty foods and ingredients to basic ingredients and staples, produce and center-of-the-plate proteins. Its product categories include center-of-the-plate, dry goods, pastry, cheeses and charcuterie, produce, dairy and eggs, oils and vinegars and kitchen supplies. It operates through the food product distribution segment, which is concentrated primarily in the United States. The Company’s customer base consists primarily of menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolateries, cruise lines, casinos and specialty food stores. Its center-of-the-plate products include custom cut beef, seafood and hormone-free poultry, as well as produce and food products, such as cooking oils, butter, eggs, milk and flour.

Want to learn more about Chefs' Warehouse Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Chefs' Warehouse Inc.

Chefs' Warehouse Inc’s Stock Price as of Market Close

As of July 09, 2024, 4:00 PM, CST, Chefs' Warehouse Inc’s stock price was $39.03.

Chefs' Warehouse Inc is down 7.95% from its previous closing price of $42.40.

During the last market session, Chefs' Warehouse Inc’s stock traded between $41.56 and $42.80. Currently, there are 37.82 million shares of Chefs' Warehouse Inc stock available for purchase.

Chefs' Warehouse Inc’s price-earnings (P/E) ratio is currently at 52.4, which is high compared to the Food Retail & Distribution industry median of 22.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Chefs' Warehouse Inc Stock Price History

Chefs' Warehouse Inc’s (CHEF) price is currently down 0.2% so far this month.

During the month of July, Chefs' Warehouse Inc’s stock price has reached a high of $42.80 and a low of $38.24.

Over the last year, Chefs' Warehouse Inc has hit prices as high as $42.80 and as low as $17.29. Year to date, Chefs' Warehouse Inc’s stock is up 17.28%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Chefs' Warehouse Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 08, 2024, there were 2 analysts who downgraded Chefs' Warehouse Inc’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Chefs' Warehouse Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Chefs' Warehouse Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Chefs' Warehouse Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Chefs' Warehouse Inc (CHEF) by visiting AAII Stock Evaluator.

Relative Price Strength of Chefs' Warehouse Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 08, 2024, Chefs' Warehouse Inc has a weighted four-quarter relative price strength of 4.99%, which translates to a Momentum Score of 85 and is considered to be Very Strong.

Want to learn more about how Chefs' Warehouse Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Chefs' Warehouse Inc Stock Price: Bottom Line

As of July 9, 2024, Chefs' Warehouse Inc’s stock price is $39.03, which is down 7.95% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Chefs' Warehouse Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.