NYSE:CULP Culp (CULP) Stock Forecast, Price & News $4.70 +0.25 (+5.62%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$4.56▼$4.7650-Day Range$4.20▼$5.4952-Week Range$3.94▼$5.72Volume9,433 shsAverage Volume33,220 shsMarket Capitalization$57.86 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Culp MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.21% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 4 Articles This WeekInsider TradingAcquiring Shares$30,897 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($2.64) to $0.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.96 out of 5 starsConsumer Discretionary Sector181st out of 260 stocksBroadwoven Fabric Mills, Cotton Industry1st out of 1 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Culp. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.21% of the float of Culp has been sold short.Short Interest Ratio / Days to CoverCulp has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Culp has recently decreased by 14.65%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCulp does not currently pay a dividend.Dividend GrowthCulp does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CULP. Previous Next 1.8 News and Social Media Coverage News SentimentCulp has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Culp this week, compared to 6 articles on an average week.MarketBeat Follows1 people have added Culp to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Culp insiders have bought 671.46% more of their company's stock than they have sold. Specifically, they have bought $30,897.00 in company stock and sold $4,005.00 in company stock.Percentage Held by InsidersOnly 5.10% of the stock of Culp is held by insiders.Percentage Held by Institutions59.96% of the stock of Culp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Culp are expected to grow in the coming year, from ($2.64) to $0.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Culp is -1.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Culp is -1.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioCulp has a PEG Ratio of 2.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCulp has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Culp (NYSE:CULP) StockCulp, Inc. engages in the design, manufacture, and trade of mattresses and upholstery products. It operates through the Mattress Fabrics and Upholstery Fabrics segments. The Mattress Fabrics segment markets and sells covers and beddings under the Culp Home Fashions brand. The Upholstery Fabrics segment produces and supplies fabrics for residential and commercial manufacturers. The company was founded by Robert G. Culp, Jr. and Robert G. Culp, III in 1972 and is headquartered in High Point, NC.Read More Receive CULP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Culp and its competitors with MarketBeat's FREE daily newsletter. Email Address CULP Stock News HeadlinesJune 7, 2023 | americanbankingnews.comCulp (NYSE:CULP) Now Covered by StockNews.comMay 31, 2023 | finance.yahoo.comSeveral Insiders Invested In Culp Flagging Positive NewsJune 7, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.May 31, 2023 | finance.yahoo.comSeveral Insiders Invested In Culp Flagging Positive News \May 31, 2023 | finance.yahoo.comGE CEO sees aerospace supply chain problems persisting well into 2024May 30, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Culp (NYSE:CULP)May 25, 2023 | sports.yahoo.comWhite Pigeon softball sweeps ColonMay 21, 2023 | msn.comLocal spiritual leader retires after 6 decadesJune 7, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.May 17, 2023 | bizjournals.comVeteran Twin Cities banker, real estate exec Kim Culp sells Lake Minnetonka home for $5.7 millionMay 15, 2023 | finance.yahoo.comGLOBAL MARKETS-Tech lifts Nasdaq, Treasury yields gain as debt ceiling debate plods onMay 15, 2023 | msn.comGLOBAL MARKETS-Wall Street advances, Treasury yields rise as debt-ceiling debate rolls alongMay 15, 2023 | finance.yahoo.comGLOBAL MARKETS-Wall Street wavers, Treasury yields gain as debt ceiling debate plods onMay 13, 2023 | benzinga.comHOA and Condo Manager Association Management Group (AMG) Builds Hope for Greater Charlotte Area Pediatric Cancer PatientMay 9, 2023 | msn.comJoshua Culp takes over Tomball's softball programMay 8, 2023 | msn.comBarnwell County to host third annual Sundial FestivalMay 6, 2023 | americanbankingnews.comCulp (NYSE:CULP) Research Coverage Started at StockNews.comMay 4, 2023 | news.yahoo.comTexas Tech System welcomes three new members to the Board of RegentsMay 4, 2023 | finance.yahoo.comWhy Culp, Inc. (NYSE:CULP) Could Be Worth WatchingApril 29, 2023 | msn.comREFILE-GLOBAL MARKETS-Wall Street gains, Treasury yields fall on Fed pause hopesApril 29, 2023 | msn.comGLOBAL MARKETS-Wall Street gyrates, Treasury yields fall amid mixed data, earningsApril 28, 2023 | msn.comGLOBAL MARKETS-Wall St ends higher, posts weekly, monthly gains on solid earnings, Fed pause hopesApril 28, 2023 | finance.yahoo.comGLOBAL MARKETS-Wall Street gains, Treasury yields fall on Fed pause hopesApril 28, 2023 | msn.comWall Street ends sharply lower, Treasury yields slide as recession fears mountApril 27, 2023 | finance.yahoo.comGLOBAL MARKETS-Wall St notches biggest gain in months, Treasury yields rise on solid earningsApril 27, 2023 | msn.comGLOBAL MARKETS-Wall Street rallies, Treasury yields rise as strong earnings trump weak dataApril 27, 2023 | americanbankingnews.comCulp (NYSE:CULP) Receives New Coverage from Analysts at StockNews.comSee More Headlines CULP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CULP Company Calendar Last Earnings12/01/2021Today6/06/2023Next Earnings (Estimated)7/05/2023Fiscal Year End4/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Broadwoven fabric mills, cotton Sub-IndustryTextiles SectorConsumer Discretionary Current SymbolNYSE:CULP CUSIP23021510 CIK723603 Webwww.culpinc.com Phone(336) 889-5161Fax336-887-7089Employees1,582Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($2.68) Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth2.65Net Income$-3,210,000.00 Net Margins-14.26% Pretax Margin-13.14% Return on Equity-30.11% Return on Assets-19.28% Debt Debt-to-Equity RatioN/A Current Ratio2.56 Quick Ratio1.25 Sales & Book Value Annual Sales$294.84 million Price / Sales0.20 Cash Flow$0.39 per share Price / Cash Flow12.10 Book Value$9.78 per share Price / Book0.48Miscellaneous Outstanding Shares12,310,000Free Float11,684,000Market Cap$57.86 million OptionableOptionable Beta1.24 Key ExecutivesRobert George CulpPresident, Chief Executive Officer & DirectorKenneth R. BowlingChief Financial Officer, Treasurer & Executive VPTeresa A. HuffmanChief Human Resources Officer & Senior VPAshley C. DurbinSecretary, Vice President & General CounselJoe GneiserDirector-Operations, Culp Home FashionsKey CompetitorsCrown CraftsNASDAQ:CRWSGaiaNASDAQ:GAIAJerash Holdings (US)NASDAQ:JRSHBallantyne StrongNYSE:BTNCumulus MediaNASDAQ:CMLSView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 152,138 shares on 5/22/2023Ownership: 2.968%Ancora Advisors LLCBought 21,135 shares on 5/16/2023Ownership: 1.185%Renaissance Technologies LLCSold 10,300 shares on 5/12/2023Ownership: 5.566%Dimensional Fund Advisors LPSold 10,487 shares on 5/12/2023Ownership: 5.466%HighTower Advisors LLCBought 2,926 shares on 5/12/2023Ownership: 0.108%View All Insider TransactionsView All Institutional Transactions CULP Stock - Frequently Asked Questions How have CULP shares performed in 2023? Culp's stock was trading at $4.59 at the beginning of 2023. Since then, CULP shares have increased by 2.4% and is now trading at $4.70. View the best growth stocks for 2023 here. Are investors shorting Culp? Culp saw a drop in short interest in May. As of May 15th, there was short interest totaling 23,300 shares, a drop of 14.7% from the April 30th total of 27,300 shares. Based on an average daily volume of 17,600 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.2% of the company's stock are short sold. View Culp's Short Interest. When is Culp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 5th 2023. View our CULP earnings forecast. How were Culp's earnings last quarter? Culp, Inc. (NYSE:CULP) announced its earnings results on Wednesday, December, 1st. The textile maker reported $0.07 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.07. The textile maker had revenue of $74.56 million for the quarter, compared to analysts' expectations of $73.76 million. Culp had a negative trailing twelve-month return on equity of 30.11% and a negative net margin of 14.26%. During the same period in the previous year, the company earned $0.19 earnings per share. What other stocks do shareholders of Culp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Culp investors own include AT&T (T), Gilead Sciences (GILD), International Business Machines (IBM), Pfizer (PFE), Philip Morris International (PM), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), WestRock (WRK), AbbVie (ABBV) and Carnival Co. & (CCL). What is Culp's stock symbol? Culp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CULP." Who are Culp's major shareholders? Culp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.57%), Dimensional Fund Advisors LP (5.47%), Brown Advisory Inc. (4.21%), Ameriprise Financial Inc. (2.97%), Grace & White Inc. NY (1.52%) and Ancora Advisors LLC (1.19%). Insiders that own company stock include Franklin N Saxon, Fred A Jackson, Jonathan Lee Kelly, Kenneth W Mcallister, Perry E Davis, Robert George Iv Culp, Sharon A Decker, Thomas Bernard Gallagher, Jr and Thomas Bruno. View institutional ownership trends. How do I buy shares of Culp? Shares of CULP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Culp's stock price today? One share of CULP stock can currently be purchased for approximately $4.70. How much money does Culp make? Culp (NYSE:CULP) has a market capitalization of $57.86 million and generates $294.84 million in revenue each year. The textile maker earns $-3,210,000.00 in net income (profit) each year or ($2.68) on an earnings per share basis. How many employees does Culp have? The company employs 1,582 workers across the globe. How can I contact Culp? Culp's mailing address is 1823 EASTCHESTER DRIVE, HIGH POINT NC, 27265. The official website for the company is www.culpinc.com. The textile maker can be reached via phone at (336) 889-5161 or via fax at 336-887-7089. This page (NYSE:CULP) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Culp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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