How have CULP shares performed in 2023?

Culp's stock was trading at $4.59 at the start of the year. Since then, CULP shares have increased by 14.4% and is now trading at $5.25. View the best growth stocks for 2023 here .

Are investors shorting Culp?

Culp saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 6,900 shares, an increase of 40.8% from the October 31st total of 4,900 shares. Based on an average trading volume of 18,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company's shares are sold short. 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, March 6th 2024. View our CULP earnings forecast .

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) issued its earnings results on Tuesday, December, 5th. The textile maker reported ($0.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.01. The textile maker had revenue of $58.73 million for the quarter, compared to analyst estimates of $57.81 million. Culp had a negative net margin of 12.74% and a negative trailing twelve-month return on equity of 30.41%. During the same period in the prior year, the business posted ($0.99) 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) .

Who are Culp's major shareholders?

Culp's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ameriprise Financial Inc. (4.47%), Moors & Cabot Inc. (1.60%), Grace & White Inc. NY (1.44%), Oppenheimer & Co. Inc. (0.23%), HighTower Advisors LLC (0.17%) and Assenagon Asset Management S.A. (0.10%). Insiders that own company stock include Franklin N Saxon, Fred A Jackson , John Allen Baugh, Jonathan Lee Kelly, 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 .

Culp Stock Price, News & Analysis (NYSE:CULP)

$5.20

-0.24 (-4.41%)

(As of 01:24 PM ET)

Compare

Today's Range: $5.16
▼
$5.45
50-Day Range: $4.96
▼
$5.91
52-Week Range: $4.16
▼
$5.99

Volume: 67,278 shs
Average Volume: 18,142 shs
Market Capitalization: $64.79 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Culp MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.06% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.12
Based on 20 Articles This Week
Insider Trading: Acquiring Shares
$75,416 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.42) to $0.42 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.62 out of 5 stars

Consumer Discretionary Sector

232nd out of 251 stocks

Broadwoven Fabric Mills, Cotton Industry

2nd out of 2 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Culp.

3.0

Short Interest

Percentage of Shares Shorted
0.06% of the float of Culp has been sold short.
Short Interest Ratio / Days to Cover
Culp has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Culp has recently increased by 40.82%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Culp does not currently pay a dividend.
Dividend Growth
Culp does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CULP.

1.7

News and Social Media Coverage

News Sentiment
Culp has a news sentiment score of 0.12. 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 0.46 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 20 news articles for Culp this week, compared to 6 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Culp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $75,416.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 6.60% of the stock of Culp is held by insiders.
Percentage Held by Institutions
53.69% of the stock of Culp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Culp are expected to grow in the coming year, from ($0.42) to $0.42 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Culp is -2.22, 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. Sector
The P/E ratio of Culp is -2.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Culp has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Culp Stock (NYSE: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. 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, loveseats, chairs, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services for customers in the hospitality and commercial industries. Culp, Inc. was incorporated in 1972 and is headquartered in High Point, North Carolina.

CULP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CULP Stock News Headlines

December 6, 2023 | finance.yahoo.com

Culp, Inc. (NYSE:CULP) Q2 2024 Earnings Call Transcript

December 6, 2023 | finance.yahoo.com

Q2 2024 Culp Inc Earnings Call

December 6, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!

December 5, 2023 | msn.com

Man, 3 teenagers arrested after fires at historic Graham mill, Green Level home

December 5, 2023 | news.yahoo.com

1 man, 3 juveniles charged with arson in house fire and Culp Weaving fire, Alamance County officials say

December 5, 2023 | marketwatch.com

Culp Shares Rise 15% After 2Q Loss Narrows, Sales Inch Higher

December 5, 2023 | msn.com

North Carolina officials announce arrests made in Culp Mill fire and house fire

December 5, 2023 | finance.yahoo.com

Culp's (CULP) Q2 Earnings & Revenues Beat Estimates, Stock Up

December 6, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

December 5, 2023 | msn.com

Law enforcement to give update after arrests made in Alamance County mill fires

December 5, 2023 | bizjournals.com

Culp reports small gains in sales, sees light at the end of the furniture-fabric tunnel

December 4, 2023 | benzinga.com

Recap: Culp Q2 Earnings

December 4, 2023 | msn.com

Culp GAAP EPS of -$0.19 beats by $0.03, revenue of $58.73M beats by $0.93M

December 4, 2023 | msn.com

Culp Posts Respectable Q2 Financial Results, Issues Net Sales Forecast

December 4, 2023 | finance.yahoo.com

Companies Like Culp (NYSE:CULP) Can Afford To Invest In Growth

December 2, 2023 | americanbankingnews.com

Culp (CULP) Set to Announce Earnings on Monday

December 1, 2023 | msn.com

GE Aerospace CEO Larry Culp: New build and commercial aerospace aftermarket 'couldn't be busier'

December 1, 2023 | finance.yahoo.com

Culp (CULP) to Report Q2 Earnings: Here's What to Expect

November 30, 2023 | finance.yahoo.com

US STOCKS-Dow touches 2023 peak as investors eye end of robust November

November 30, 2023 | finance.yahoo.com

US STOCKS-Dow rallies to year's highest close, caps blockbuster month

November 29, 2023 | finance.yahoo.com

US STOCKS-S&P 500 ends lower on mixed Fed messages, PCE on deck

November 29, 2023 | finance.yahoo.com

US STOCKS-Wall Street modestly higher on mixed Fed messages, strong GDP data

November 29, 2023 | msn.com

CORRECTED-US STOCKS-Wall St moves sideways after mixed Fed statements

November 28, 2023 | uk.finance.yahoo.com

CORRECTED-US STOCKS-Wall St ends slightly higher after mixed Fed statements

November 28, 2023 | finance.yahoo.com

SENIOR ACADEMIC PHILANTHROPY LEADER KIM M. MORTON, JD, MA, NAMED NEW ASSOCIATE DEAN FOR DEVELOPMENT AT UNIVERSITY OF MARYLAND MEDICINE

November 28, 2023 | finance.yahoo.com

US STOCKS-Wall St ends slightly higher after mixed Fed statements

November 28, 2023 | americanbankingnews.com

Culp (NYSE:CULP) Research Coverage Started at StockNews.com

See More Headlines

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.

Company Calendar

Last Earnings: 12/05/2023
Today: 12/06/2023
Next Earnings (Estimated): 3/06/2024
Fiscal Year End: 4/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Broadwoven fabric mills, cotton
Sub-Industry: Textiles
Sector: Consumer Discretionary
Current Symbol: NYSE:CULP
CUSIP: 23021510
CIK: 723603
Web: www.culpinc.com
Phone: (336) 889-5161
Fax: 336-887-7089
Employees: 1,333
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($2.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-31,520,000.00
Net Margins: -12.74%
Pretax Margin: -11.45%
Return on Equity: -30.41%
Return on Assets: -18.57%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.30
Quick Ratio: 1.16

Sales & Book Value

Annual Sales: $234.93 million
Price / Sales: 0.28
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $7.24 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 12,460,000
Free Float: 11,635,000
Market Cap: $65.42 million
Optionable: Optionable
Beta: 1.22

10 Best Stocks to Own in 2024

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Franklin N. Saxon (Age 71)
Executive Chairman & Strategic Advisor
Comp: $291.67k
Mr. Robert G. Culp IV (Age 52)
President, CEO, President of Culp Home Fashions & Director
Comp: $936.44k
Mr. Kenneth R. Bowling (Age 61)
Executive VP, CFO & Treasurer
Comp: $488.22k
Mr. Boyd B. Chumbley (Age 66)
President of Culp Upholstery Fabrics Division
Comp: $586.59k
Ms. Ashley Carter Durbin (Age 43)
Senior VP, General Counsel & Corporate Secretary
Ms. Teresa Atkins Huffman MBA (Age 61)
SPHR, Senior VP & Chief Human Resources Officer
Paul Saunders
Chief Executive Officer of eLuxury
Mr. Jeff Tsacoumangos
Divisional Chief Operating Officer of Culp Home Fashions
Tammy Buckner
Senior Vice President of Design & Marketing - Culp Upholstery Fabrics
Mr. Tommy Bruno
Executive Vice President of Culp Home Fashions

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CULP Stock Analysis - Frequently Asked Questions

How have CULP shares performed in 2023?: Culp's stock was trading at $4.59 at the start of the year. Since then, CULP shares have increased by 14.4% and is now trading at $5.25.
View the best growth stocks for 2023 here.
Are investors shorting Culp?: Culp saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 6,900 shares, an increase of 40.8% from the October 31st total of 4,900 shares. Based on an average trading volume of 18,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company's shares are sold short.
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, March 6th 2024.
View our CULP earnings forecast.
How were Culp's earnings last quarter?: Culp, Inc. (NYSE:CULP) issued its earnings results on Tuesday, December, 5th. The textile maker reported ($0.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.01. The textile maker had revenue of $58.73 million for the quarter, compared to analyst estimates of $57.81 million. Culp had a negative net margin of 12.74% and a negative trailing twelve-month return on equity of 30.41%. During the same period in the prior year, the business posted ($0.99) 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).
Who are Culp's major shareholders?: Culp's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ameriprise Financial Inc. (4.47%), Moors & Cabot Inc. (1.60%), Grace & White Inc. NY (1.44%), Oppenheimer & Co. Inc. (0.23%), HighTower Advisors LLC (0.17%) and Assenagon Asset Management S.A. (0.10%). Insiders that own company stock include Franklin N Saxon, Fred A Jackson, John Allen Baugh, Jonathan Lee Kelly, 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.

This page (NYSE:CULP) was last updated on 12/6/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Culp Stock Price, News & Analysis (NYSE:CULP)

Culp MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Culp Stock (NYSE:CULP)

CULP Stock Price History

CULP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CULP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™