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

Sign in or create an account to add this stock to your watchlist.
$18.68 -0.21 (-1.11 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$18.89
Today's Range$18.66 - $19.07
52-Week Range$17.99 - $32.05
Volume29,000 shs
Average Volume55,694 shs
Market Capitalization$233.35 million
P/E Ratio12.59
Dividend Yield2.12%
Beta0.23
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.

Receive CULP 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.

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$2.1496 per share
Book Value$13.12 per share

Profitability

Net Income$20.87 million

Miscellaneous

Employees1,392
Market Cap$233.35 million
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 declared a quarterly dividend on Friday, November 30th. Investors of record on Wednesday, January 2nd will be given a dividend of $0.10 per share on Wednesday, January 16th. This represents a $0.40 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Monday, December 31st. This is a boost from Culp's previous quarterly dividend of $0.09. View Culp's Dividend History.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) posted its quarterly earnings results on Thursday, November, 29th. The textile maker reported $0.20 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.01. The textile maker had revenue of $77.01 million for the quarter, compared to analyst estimates of $76.32 million. Culp had a return on equity of 9.42% and a net margin of 5.07%. 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 27th 2019. View Earnings Estimates for Culp.

What guidance has Culp issued on next quarter's earnings?

Culp issued an update on its earnings guidance on Thursday, November, 29th. The company provided earnings per share guidance of for the period. Culp also updated its Q3 2019 guidance to EPS.

What price target have analysts set for CULP?

1 analysts have issued 1 year target prices for Culp's shares. Their predictions range from $28.00 to $28.00. On average, they expect Culp's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 49.9% 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?

Headlines about CULP stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. 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 news sentiment score of 0.9 on InfoTrie's scale. They also gave news articles about the textile maker a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are some of Culp's key competitors?

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%), Thomson Horstmann & Bryant Inc. (2.06%) and Northern Trust Corp (1.15%). Company insiders that own Culp stock include Boyd Brooks Chumbley, Franklin N Saxon, Fred A Jackson, Patrick B Flavin 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 bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Isthmus Partners LLC, Bank of New York Mellon Corp, Geode Capital Management LLC, Two Sigma Investments LP, Rhumbline Advisers, Bessemer Group Inc. and Thomson Horstmann & Bryant Inc.. 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 $18.68.

How big of a company is Culp?

Culp has a market capitalization of $233.35 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:  156 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  339
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 2/19/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel