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NYSE:CULP

Culp Stock Forecast, Price & News

$12.75
+0.20 (+1.59 %)
(As of 09/27/2021 12:18 PM ET)
Add
Compare
Today's Range
$12.75
$12.75
50-Day Range
$12.23
$15.11
52-Week Range
$11.93
$17.88
Volume395 shs
Average Volume29,678 shs
Market Capitalization$155.59 million
P/E Ratio19.32
Dividend Yield3.51%
Beta1.2
30 days | 90 days | 365 days | Advanced Chart
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Culp logo

About Culp

Culp, 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.

Headlines

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Industry, Sector and Symbol

Industry
Broadwoven fabric mills, cotton
Sub-Industry
Textiles
CUSIP
23021510
Employees
1,430
Year Founded
N/A

Sales & Book Value

Annual Sales
$299.72 million
Cash Flow
$1.18 per share
Book Value
$10.48 per share

Profitability

Net Income
$3.22 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$155.59 million
Next Earnings Date
12/2/2021 (Estimated)
Optionable
Optionable

MarketRank

Overall MarketRank

3.18 out of 5 stars

Consumer Discretionary Sector

10th out of 384 stocks

Broadwoven Fabric Mills, Cotton Industry

1st out of 2 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -












Culp (NYSE:CULP) Frequently Asked Questions

Is Culp a buy right now?

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. The consensus among Wall Street analysts is that investors should "buy" Culp stock.
View analyst ratings for Culp
or view top-rated stocks.

What stocks does MarketBeat like better than Culp?

Wall Street analysts have given Culp a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Culp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Culp?

Culp saw a increase in short interest in August. As of August 31st, there was short interest totaling 13,100 shares, an increase of 22.4% from the August 15th total of 10,700 shares. Based on an average daily volume of 25,800 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company's shares are sold short.
View Culp's Short Interest
.

When is Culp's next earnings date?

Culp is scheduled to release its next quarterly earnings announcement on Thursday, December 2nd 2021.
View our earnings forecast for Culp
.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) announced its quarterly earnings results on Tuesday, August, 31st. The textile maker reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.05. The textile maker had revenue of $83.05 million for the quarter, compared to the consensus estimate of $77.39 million. Culp had a net margin of 2.58% and a trailing twelve-month return on equity of 6.34%.
View Culp's earnings history
.

How has Culp's stock been impacted by COVID-19?

Culp's stock was trading at $8.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CULP shares have increased by 58.8% and is now trading at $12.75.
View which stocks have been most impacted by COVID-19
.

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

Culp announced a quarterly dividend on Thursday, September 2nd. Stockholders of record on Monday, October 11th will be given a dividend of $0.11 per share on Monday, October 18th. This represents a $0.44 annualized dividend and a yield of 3.45%. The ex-dividend date of this dividend is Thursday, October 7th.
View Culp's dividend history
.

Is Culp a good dividend stock?

Culp pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.51%. Culp does not yet have a strong track record of dividend growth. The dividend payout ratio of Culp is 74.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Culp will have a dividend payout ratio of 48.89% next year. This indicates that Culp will be able to sustain or increase its dividend.
View Culp's dividend history.

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

Culp updated its FY 2022 earnings guidance on Wednesday, September, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $323.70 million-$335.69 million, compared to the consensus revenue estimate of $323.43 million.

What price target have analysts set for CULP?

1 Wall Street analysts have issued 1-year target prices for Culp's shares. Their forecasts range from $17.00 to $17.00. On average, they expect Culp's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 33.3% from the stock's current price.
View analysts' price targets for Culp
or view top-rated stocks among Wall Street analysts.

Who are Culp's key executives?

Culp's management team includes the following people:
  • Robert George Culp, Chief Executive Officer & Director
  • Kenneth R. Bowling, Chief Financial Officer, Treasurer & Executive VP
  • Ashley C. Durbin, Secretary, Vice President & General Counsel
  • Thomas B. Gallagher, Vice President-Finance & Controller
  • Teresa A. Huffman, Senior Vice President-Human Resources

What other stocks do shareholders of Culp own?

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 many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (7.21%), Dimensional Fund Advisors LP (6.06%), Punch & Associates Investment Management Inc. (4.95%), Vanguard Group Inc. (4.31%), Russell Investments Group Ltd. (3.66%) and Punch & Associates Investment Management Inc. (3.34%). Company insiders that own Culp stock include Franklin N Saxon, Kenneth W Mcallister, Robert George Iv Culp and Sharon A Decker.
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 Russell Investments Group Ltd., Renaissance Technologies LLC, Millennium Management LLC, Nokomis Capital L.L.C., Bridgeway Capital Management LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., and Ancora Advisors LLC. Company insiders that have sold Culp company stock in the last year include Franklin N Saxon, Robert George Iv Culp, and Sharon A Decker.
View insider buying and selling activity for Culp
or view top insider-selling stocks.

Which institutional investors are buying Culp stock?

CULP stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Punch & Associates Investment Management Inc., Simplex Trading LLC, State Street Corp, Punch & Associates Investment Management Inc., Citadel Advisors LLC, Hodges Capital Management Inc., and Hotchkis & Wiley Capital Management LLC.
View insider buying and selling activity for Culp
or or view top insider-buying stocks.

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 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 $12.75.

How much money does Culp make?

Culp has a market capitalization of $155.59 million and generates $299.72 million in revenue each year. The textile maker earns $3.22 million in net income (profit) each year or $0.59 on an earnings per share basis.

How many employees does Culp have?

Culp employs 1,430 workers across the globe.

What is Culp's official website?

The official website for Culp is www.culpinc.com.

Where are Culp's headquarters?

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.


This page was last updated on 9/27/2021 by MarketBeat.com Staff

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