Chefs' WarehouseCHEF
Market Cap: 1.7B
About: The Chefs' Warehouse Inc is a specialty food distributor in metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.
Employees: 4,873
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
50% more call options, than puts
Call options by funds: $24.2M | Put options by funds: $16.1M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2023] → 4 (+1) [Q1 2024]
32% more capital invested
Capital invested by funds: $1.07B [Q4 2023] → $1.41B (+$343M) [Q1 2024]
8% more funds holding
Funds holding: 154 [Q4 2023] → 167 (+13) [Q1 2024]
3.06% more ownership
Funds ownership: 91.38% [Q4 2023] → 94.43% (+3.06%) [Q1 2024]
18% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 62
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Benchmark Todd Brooks | 17%upside $50 | Buy Reiterated | 2 May 2024 |
BMO Capital Kelly Bania | 17%upside $50 | Outperform Maintained | 16 Feb 2024 |
UBS Mark Carden | 3%upside $44 | Buy Maintained | 15 Feb 2024 |