The Chefs' Warehouse, Inc. (CHEF) Hits Fresh High: Is There Still Room to Run?

Core Viewpoint - Chefs' Warehouse (CHEF) has shown strong stock performance, with a 5.4% increase over the past month and a 35.7% gain since the beginning of the year, outperforming both the Zacks Consumer Staples sector and the Zacks Food - Miscellaneous industry [1][3]. Performance Metrics - The stock has consistently beaten earnings estimates, reporting an EPS of $0.52 against a consensus estimate of $0.45 in its last earnings report [2]. - For the current fiscal year, Chefs' Warehouse is projected to achieve earnings of $1.65 per share on revenues of $4.02 billion, reflecting a 12.24% increase in EPS and a 6.01% increase in revenues [3]. Valuation Metrics - Chefs' Warehouse has a Value Score of B, a Growth Score of A, and a Momentum Score of D, resulting in a combined VGM Score of A [6]. - The stock trades at 40.6 times the current fiscal year EPS estimates, significantly higher than the peer industry average of 16.4 times [7]. Zacks Rank - Chefs' Warehouse holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [8]. - The stock meets the criteria for selection based on Zacks Rank and Style Scores, indicating potential for further price appreciation in the near term [9].