We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is The Chefs' Warehouse (CHEF) Outperforming Other Consumer Staples Stocks This Year?
Read MoreHide Full Article
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Has The Chefs' Warehouse (CHEF - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
The Chefs' Warehouse is a member of our Consumer Staples group, which includes 152 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. CHEF is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CHEF's full-year earnings has moved 6.85% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, CHEF has returned 59.22% so far this year. At the same time, Consumer Staples stocks have lost an average of 10.16%. This shows that The Chefs' Warehouse is outperforming its peers so far this year.
Looking more specifically, CHEF belongs to the Food - Miscellaneous industry, a group that includes 39 individual stocks and currently sits at #201 in the Zacks Industry Rank. On average, this group has lost an average of 6.96% so far this year, meaning that CHEF is performing better in terms of year-to-date returns.
Investors in the Consumer Staples sector will want to keep a close eye on CHEF as it attempts to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is The Chefs' Warehouse (CHEF) Outperforming Other Consumer Staples Stocks This Year?
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Has The Chefs' Warehouse (CHEF - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
The Chefs' Warehouse is a member of our Consumer Staples group, which includes 152 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. CHEF is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CHEF's full-year earnings has moved 6.85% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, CHEF has returned 59.22% so far this year. At the same time, Consumer Staples stocks have lost an average of 10.16%. This shows that The Chefs' Warehouse is outperforming its peers so far this year.
Looking more specifically, CHEF belongs to the Food - Miscellaneous industry, a group that includes 39 individual stocks and currently sits at #201 in the Zacks Industry Rank. On average, this group has lost an average of 6.96% so far this year, meaning that CHEF is performing better in terms of year-to-date returns.
Investors in the Consumer Staples sector will want to keep a close eye on CHEF as it attempts to continue its solid performance.