NYSE:CULP - Culp Stock Price, News & Analysis

$14.82
+0.32 (+2.21 %)
(As of 08/22/2019 04:00 PM ET)
Today's Range
$14.61
Now: $14.82
$15.22
50-Day Range
$15.01
MA: $17.47
$19.19
52-Week Range
$14.50
Now: $14.82
$27.77
Volume36,691 shs
Average Volume33,744 shs
Market Capitalization$183.63 million
P/E Ratio36.15
Dividend Yield2.76%
Beta0.51
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$1.1019 per share
Book Value$13.26 per share

Profitability

Net Income$5.68 million

Miscellaneous

Employees1,440
Market Cap$183.63 million
Next Earnings Date9/4/2019 (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 Wednesday, June 12th. Investors of record on Friday, July 5th will be paid a dividend of $0.10 per share on Tuesday, July 16th. This represents a $0.40 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date is Wednesday, July 3rd. View Culp's Dividend History.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) posted its earnings results on Wednesday, June, 12th. The textile maker reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.10 by $0.21. The textile maker earned $70.96 million during the quarter, compared to the consensus estimate of $70.29 million. Culp had a return on equity of 4.47% and a net margin of 1.91%. View Culp's Earnings History.

When is Culp's next earnings date?

Culp is scheduled to release their next quarterly earnings announcement on Wednesday, September 4th 2019. View Earnings Estimates for Culp.

What price target have analysts set for CULP?

2 brokerages have issued twelve-month price objectives for Culp's shares. Their forecasts range from $22.00 to $28.00. On average, they anticipate Culp's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 68.7% from the stock's current price. View Analyst Price Targets for Culp.

What is the consensus analysts' recommendation for Culp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Culp in the last year. There are currently 2 buy ratings 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 positive on Thursday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Culp earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news headlines about the textile maker a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for Culp.

Are investors shorting Culp?

Culp saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 77,800 shares, a decrease of 10.8% from the June 30th total of 87,200 shares. Based on an average trading volume of 22,300 shares, the days-to-cover ratio is currently 3.5 days. Approximately 0.7% 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 Jabil (JBL), GVC (GVC), Casey's General Stores (CASY), CEVA (CEVA), Cirrus Logic (CRUS), Dicerna Pharmaceuticals (DRNA), Energy Recovery (ERII), Second Sight Medical Products (EYES), Gilead Sciences (GILD) and Glu Mobile (GLUU).

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 number of of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (12.97%), BlackRock Inc. (6.11%), Renaissance Technologies LLC (5.89%), Victory Capital Management Inc. (5.10%), Vanguard Group Inc. (4.82%) and Nuveen Asset Management LLC (3.47%). Company insiders that own Culp stock include Fred A Jackson 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 THB Asset Management, Victory Capital Management Inc., JPMorgan Chase & Co., Morgan Stanley, Price T Rowe Associates Inc. MD, Bank of America Corp DE, Wedge Capital Management L L P NC and BlackRock Inc.. View Insider Buying and Selling for Culp.

Which major investors are buying Culp stock?

CULP stock was purchased by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Deprince Race & Zollo Inc., Isthmus Partners LLC, Nuveen Asset Management LLC, Vanguard Group Inc., Keeley Teton Advisors LLC, Saturna Capital CORP and Renaissance Technologies LLC. 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 $14.82.

How big of a company is Culp?

Culp has a market capitalization of $183.63 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:  179 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  386
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 8/22/2019 by MarketBeat.com Staff

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