Log in
NYSE:CULP

Culp Stock Forecast, Price & News

$12.70
+0.52 (+4.27 %)
(As of 09/23/2020 12:00 AM ET)
Add
Compare
Today's Range
$12.08
Now: $12.70
$12.71
50-Day Range
$11.01
MA: $11.86
$13.11
52-Week Range
$5.28
Now: $12.70
$17.38
Volume19,407 shs
Average Volume88,428 shs
Market Capitalization$156.18 million
P/E RatioN/A
Dividend Yield3.45%
Beta1.13
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.
Read More
Culp logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.4Dividend Strength: 0.8Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.07 out of 5 stars


Industry, Sector and Symbol

Industry Broadwoven fabric mills, cotton
Sub-IndustryTextiles
CUSIP23021510
Phone336-889-5161

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$256.17 million
Cash Flow$0.90 per share
Book Value$10.23 per share

Profitability

Net Income$-23,990,000.00

Miscellaneous

Employees1,399
Market Cap$156.18 million
Next Earnings Date12/3/2020 (Estimated)
OptionableOptionable
$12.70
+0.52 (+4.27 %)
(As of 09/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











Culp (NYSE:CULP) Frequently Asked Questions

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

Culp's stock was trading at $8.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CULP stock has increased by 58.2% and is now trading at $12.70.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Culp's next earnings date?

Culp is scheduled to release its next quarterly earnings announcement on Thursday, December 3rd 2020.
View our earnings forecast for Culp
.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) released its quarterly earnings results on Wednesday, September, 2nd. The textile maker reported ($0.22) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.26. Culp had a negative net margin of 11.02% and a positive return on equity of 2.59%.
View Culp's earnings history
.

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

Culp declared a quarterly dividend on Wednesday, September 2nd. Shareholders of record on Thursday, October 8th will be given a dividend of $0.105 per share on Thursday, October 15th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Wednesday, October 7th.
View Culp's dividend history
.

What price target have analysts set for CULP?

2 analysts have issued 1-year target prices for Culp's shares. Their forecasts range from $13.00 to $15.00. On average, they expect Culp's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price.
View analysts' price targets for Culp
.

Are investors shorting Culp?

Culp saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 15,000 shares, a decrease of 54.3% from the August 15th total of 32,800 shares. Based on an average daily trading volume, of 117,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company's shares are sold short.
View Culp's Short Interest
.

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 AT&T (T), Gilead Sciences (GILD), IBM (IBM), Pfizer (PFE), Philip Morris International (PM), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), Westrock (WRK), AbbVie (ABBV) and Carnival (CCL).

Who are Culp's key executives?

Culp's management team includes the following 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

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 a variety of institutional and retail investors. Top institutional shareholders include CIBC Private Wealth Group LLC (7.16%), Foundry Partners LLC (1.80%), Bridgeway Capital Management Inc. (0.85%), Jane Street Group LLC (0.76%), Two Sigma Advisers LP (0.71%) and Bank of New York Mellon Corp (0.47%). 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 institutional investors are selling Culp stock?

CULP stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Bank of America Corp DE, Bank of New York Mellon Corp, and Johnson Investment Counsel Inc..
View insider buying and selling activity for Culp
.

Which institutional investors are buying Culp stock?

CULP stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Foundry Partners LLC, Ancora Advisors LLC, Engineers Gate Manager LP, Bridgeway Capital Management Inc., Zebra Capital Management LLC, Wedge Capital Management L L P NC, and First Quadrant L P CA. 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 activity 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 $12.70.

How big of a company is Culp?

Culp has a market capitalization of $156.18 million and generates $256.17 million in revenue each year. The textile maker earns $-23,990,000.00 in net income (profit) each year or $0.21 on an earnings per share basis. Culp employs 1,399 workers across the globe.

What is Culp's official website?

The official website for Culp is 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.

This page was last updated on 9/24/2020 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.