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NYSE:CULP - Culp Stock Price, Forecast & News

$14.96
-0.16 (-1.06 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$14.79
Now: $14.96
$15.28
50-Day Range
$14.37
MA: $15.67
$16.65
52-Week Range
$13.09
Now: $14.96
$21.08
Volume29,960 shs
Average Volume38,093 shs
Market Capitalization$185.50 million
P/E Ratio36.49
Dividend Yield2.64%
Beta0.61
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. Read More…

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$296.67 million
Cash Flow$1.12 per share
Book Value$13.26 per share

Profitability

Net Income$5.68 million

Miscellaneous

Employees1,440
Market Cap$185.50 million
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Monday, December 9th. Stockholders of record on Wednesday, January 8th will be paid a dividend of $0.105 per share on Friday, January 17th. This represents a $0.42 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Tuesday, January 7th. This is an increase from Culp's previous quarterly dividend of $0.10. View Culp's Dividend History.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) released its quarterly earnings results on Thursday, September, 5th. The textile maker reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.04. The textile maker earned $74.85 million during the quarter, compared to analyst estimates of $73.23 million. Culp had a return on equity of 3.39% and a net margin of 1.83%. View Culp's Earnings History.

When is Culp's next earnings date?

Culp is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Culp.

What price target have analysts set for CULP?

1 analysts have issued 1 year price objectives for Culp's stock. Their forecasts range from $18.00 to $18.00. On average, they expect Culp's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price. View Analyst Price Targets for Culp.

What is the consensus analysts' recommendation for Culp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Culp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Culp.

Has Culp been receiving favorable news coverage?

Media stories about CULP stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Culp earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned media stories about the textile maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Culp.

Are investors shorting Culp?

Culp saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 28,200 shares, a drop of 17.1% from the September 30th total of 34,000 shares. Based on an average daily volume of 31,800 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the shares of the company are sold short. View Culp's Current Options Chain.

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 Delta Air Lines (DAL), Walt Disney (DIS), Home Depot (HD), Hormel Foods (HRL), Mcdonald's (MCD), Broadcom (AVGO), Casey's General Stores (CASY), Cincinnati Financial (CINF), Comcast (CMCSA) and Cirrus Logic (CRUS).

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 a variety of of retail and institutional investors. Top institutional shareholders include Keeley Teton Advisors LLC (2.24%), State Street Corp (1.78%), Foundry Partners LLC (0.32%), Millennium Management LLC (0.28%), Russell Investments Group Ltd. (0.17%) and Moors & Cabot Inc. (0.16%). Company insiders that own Culp stock include Fred A Jackson, Kenneth W Mcallister and Thomas Bernard Gallagher Jr. View Institutional Ownership Trends for Culp.

Which major investors are selling Culp stock?

CULP stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC. View Insider Buying and Selling for Culp.

Which major investors are buying Culp stock?

CULP stock was acquired by a variety of institutional investors in the last quarter, including Keeley Teton Advisors LLC, Foundry Partners LLC, SG Americas Securities LLC, Moors & Cabot Inc., Barclays PLC, Russell Investments Group Ltd., State Street Corp and Rhumbline Advisers. Company insiders that have bought Culp stock in the last two years include Fred A Jackson and Kenneth W Mcallister. 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, Robinhood, Fidelity and Charles Schwab.

What is Culp's stock price today?

One share of CULP stock can currently be purchased for approximately $14.96.

How big of a company is Culp?

Culp has a market capitalization of $185.50 million and generates $296.67 million in revenue each year. The textile maker earns $5.68 million in net income (profit) each year or $0.41 on an earnings per share basis. Culp employs 1,440 workers across the globe.View Additional Information About Culp.

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:  198 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  423
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 12/14/2019 by MarketBeat.com Staff

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