NYSE:CULP - Culp Stock Price, News, & Analysis

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$18.06 -0.38 (-2.06 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$18.06
Today's Range$17.74 - $18.56
52-Week Range$17.05 - $32.05
Volume38,076 shs
Average Volume35,003 shs
Market Capitalization$223.40 million
P/E Ratio12.12
Dividend Yield2.17%
Beta0.25
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 North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segment provides jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics for use in the production of residential and commercial upholstered furniture, such as sofas, recliners, chairs, loveseats, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.

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Industry, Sector and Symbol

Industry Broadwoven fabric mills, cotton
Sub-IndustryTextiles
SectorConsumer Discretionary
CUSIP23021510
Phone336-889-5161

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$323.73 million
Cash Flow$2.1123 per share
Book Value$13.52 per share

Profitability

Net Income$20.87 million

Miscellaneous

Employees1,392
Market Cap$223.40 million
Next Earnings Date6/12/2019 (Estimated)
OptionableOptionable

Culp (NYSE:CULP) Frequently Asked Questions

What is Culp's stock symbol?

Culp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CULP."

How often does Culp pay dividends? What is the dividend yield for Culp?

Culp announced a quarterly dividend on Thursday, February 28th. Shareholders of record on Monday, April 1st will be paid a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Friday, March 29th. View Culp's Dividend History.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) posted its quarterly earnings results on Wednesday, February, 27th. The textile maker reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. Culp had a net margin of 6.49% and a return on equity of 8.11%. View Culp's Earnings History.

When is Culp's next earnings date?

Culp is scheduled to release their next quarterly earnings announcement on Wednesday, June 12th 2019. View Earnings Estimates for Culp.

What price target have analysts set for CULP?

2 equities research analysts have issued twelve-month target prices for Culp's stock. Their forecasts range from $22.00 to $28.00. On average, they anticipate Culp's stock price to reach $25.00 in the next year. This suggests a possible upside of 38.4% from the stock's current price. View Analyst Price Targets for Culp.

What is the consensus analysts' recommendation for Culp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Culp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Culp.

Has Culp been receiving favorable news coverage?

Media headlines about CULP stock have trended somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Culp earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the textile maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Who are some of Culp's key competitors?

What other stocks do shareholders of Culp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Culp investors own include Jabil (JBL), GVC (GVC), Home Depot (HD), Caleres (CAL), General Electric (GE), CEVA (CEVA), Micron Technology (MU), Select Energy Services (WTTR), Palatin Technologies (PTN) and Second Sight Medical Products (EYES).

Who are Culp's key executives?

Culp's management team includes the folowing people:
  • Mr. Franklin N. Saxon, Vice Chairman, Pres & CEO (Age 67)
  • Mr. Kenneth R. Bowling, Sr. VP, CFO, Treasurer & Corp. Sec. (Age 57)
  • Mr. Robert G. Culp IV, COO & Pres of Culp Home Fashions Division (Age 48)
  • Mr. Boyd B. Chumbley, Pres of Culp Upholstery Fabrics Division (Age 62)
  • Ms. Teresa A. Huffman MBA, SPHR, VP of HR

Who are Culp's major shareholders?

Culp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Standard Life Aberdeen plc (11.58%), Victory Capital Management Inc. (11.17%), BlackRock Inc. (6.42%), Dimensional Fund Advisors LP (6.25%), Dimensional Fund Advisors LP (6.25%) and Thomson Horstmann & Bryant Inc. (2.06%). Company insiders that own Culp stock include Boyd Brooks Chumbley, Franklin N Saxon, Fred A Jackson and Robert G Culp III. View Institutional Ownership Trends for Culp.

Which institutional investors are selling Culp stock?

CULP stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Confluence Investment Management LLC, BlackRock Inc., Standard Life Aberdeen plc, Bank of America Corp DE, Keeley Teton Advisors LLC, Keybank National Association OH and MetLife Investment Advisors LLC. View Insider Buying and Selling for Culp.

Which institutional investors are buying Culp stock?

CULP stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Isthmus Partners LLC, Bank of New York Mellon Corp, Geode Capital Management LLC, Geode Capital Management LLC, Two Sigma Investments LP and Rhumbline Advisers. View Insider Buying and Selling for Culp.

How do I buy shares of Culp?

Shares of CULP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Culp's stock price today?

One share of CULP stock can currently be purchased for approximately $18.06.

How big of a company is Culp?

Culp has a market capitalization of $223.40 million and generates $323.73 million in revenue each year. The textile maker earns $20.87 million in net income (profit) each year or $1.49 on an earnings per share basis. Culp employs 1,392 workers across the globe.

What is Culp's official website?

The official website for Culp is http://www.culpinc.com.

How can I contact Culp?

Culp's mailing address is 1823 EASTCHESTER DRIVE, HIGH POINT NC, 27265. The textile maker can be reached via phone at 336-889-5161.


MarketBeat Community Rating for Culp (NYSE CULP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  160 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  347
MarketBeat's community ratings are surveys of what our community members think about Culp and other stocks. Vote "Outperform" if you believe CULP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CULP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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