Sidoti Csr Comments on Culp, Inc.'s Q2 2025 Earnings (NYSE:CULP)

Culp, Inc. (NYSE:CULP - Free Report) - Stock analysts at Sidoti Csr lowered their Q2 2025 earnings per share estimates for Culp in a research note issued to investors on Wednesday, April 17th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the textile maker will post earnings of $0.00 per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for Culp's current full-year earnings is ($1.04) per share. Sidoti Csr also issued estimates for Culp's Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.06 EPS and Q3 2026 earnings at $0.18 EPS.

Separately, StockNews.com lowered Culp from a "buy" rating to a "hold" rating in a research report on Thursday, March 7th.

Culp Stock Performance

Shares of NYSE CULP traded up $0.02 during mid-day trading on Thursday, hitting $4.48. 8,044 shares of the stock traded hands, compared to its average volume of 20,326. Culp has a 52 week low of $4.20 and a 52 week high of $5.99. The company has a market cap of $55.87 million, a price-to-earnings ratio of -4.05 and a beta of 1.29. The stock has a fifty day moving average price of $4.75 and a 200-day moving average price of $5.18.

Culp (NYSE:CULP - Get Free Report) last released its quarterly earnings results on Wednesday, March 6th. The textile maker reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.10). Culp had a negative net margin of 5.75% and a negative return on equity of 15.58%. The firm had revenue of $60.42 million for the quarter, compared to the consensus estimate of $58.98 million.

Institutional Investors Weigh In On Culp

Several hedge funds have recently added to or reduced their stakes in the stock. Gate City Capital Management LLC bought a new stake in Culp in the fourth quarter worth $6,010,000. Northern Trust Corp boosted its holdings in Culp by 58.2% in the fourth quarter. Northern Trust Corp now owns 47,006 shares of the textile maker's stock worth $272,000 after acquiring an additional 17,296 shares in the last quarter. Essex Investment Management Co. LLC bought a new stake in Culp in the fourth quarter worth $256,000. Ameriprise Financial Inc. boosted its holdings in Culp by 1.7% in the third quarter. Ameriprise Financial Inc. now owns 556,524 shares of the textile maker's stock worth $3,105,000 after acquiring an additional 9,100 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in Culp by 33.8% in the third quarter. HighTower Advisors LLC now owns 21,332 shares of the textile maker's stock worth $119,000 after acquiring an additional 5,394 shares in the last quarter. 75.05% of the stock is owned by institutional investors.

About Culp

Culp, Inc manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics.