NYSE:CULP Culp - CULP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Culp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $5.20 -0.05 (-0.95%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.20▼$5.2950-Day Range$5.20▼$5.6152-Week Range$3.94▼$8.30Volume13,110 shsAverage Volume23,807 shsMarket Capitalization$64.01 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Culp MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.17% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.36Based on 15 Articles This WeekInsider TradingAcquiring Shares$72,207 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($2.64) to $0.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.74 out of 5 starsConsumer Discretionary Sector223rd out of 259 stocksBroadwoven Fabric Mills, Cotton Industry2nd out of 2 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Culp. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.17% of the float of Culp has been sold short.Short Interest Ratio / Days to CoverCulp has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Culp has recently increased by 35.97%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCulp does not currently pay a dividend.Dividend GrowthCulp does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CULP. Previous Next 2.4 News and Social Media Coverage News SentimentCulp has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Culp this week, compared to 5 articles on an average week.Search Interest5 people have searched for CULP on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Culp insiders have bought 1,702.92% more of their company's stock than they have sold. Specifically, they have bought $72,207.00 in company stock and sold $4,005.00 in company stock.Percentage Held by InsidersOnly 5.10% of the stock of Culp is held by insiders.Percentage Held by Institutions59.96% of the stock of Culp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Culp are expected to grow in the coming year, from ($2.64) to $0.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Culp is -1.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Culp is -1.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCulp has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Culp (NYSE:CULP) StockCulp, 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.Read More Receive CULP Stock 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. Email Address CULP Stock News HeadlinesMarch 21, 2023 | reuters.comMorning Bid: Europe, US reverse bank jitter sell-offs: will Asia follow?March 20, 2023 | reuters.comMORNING BID ASIA-Europe, US reverse bank jitter sell-offs: will Asia follow?March 21, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. March 19, 2023 | americanbankingnews.comCulp (NYSE:CULP) Coverage Initiated at StockNews.comMarch 18, 2023 | msn.comGE nixes stock awards for CEO Larry Culp, reducing pay by $14 millionMarch 17, 2023 | seekingalpha.comGE board votes against CEO stock awards, reducing pay by $14 millionMarch 17, 2023 | bizjournals.comTotal pay for GE chief executive Larry Culp cut for 2nd year in a rowMarch 17, 2023 | proactiveinvestors.comGE cancels stock awards for Larry Culp, trimming $14 million off CEO’s payMarch 21, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. March 17, 2023 | bizjournals.comTotal pay for GE Aerospace CEO Larry Culp cut for 2nd year in a rowMarch 17, 2023 | barrons.comGE Chief Culp’s Pay Cut and Two Other Revelations From Its Proxy FilingMarch 16, 2023 | marketwatch.com: GE CEO Larry Culp agrees to $10 million cut in compensationMarch 16, 2023 | msn.comGE Chief’s Pay Falls $14.5 Million After Stock Award ReducedMarch 16, 2023 | fortune.comGE’s chief took a $14.5 million pay cut last year after agreeing to a reduced stock award amid investor complaintsMarch 16, 2023 | fortune.comGE’s chief took a $14.5 million pay cut last year after agreeing to a reduced stock award amid investor complaintsMarch 14, 2023 | finance.yahoo.comUS STOCKS-Wall Street gains as inflation cools, bank jitters subsideMarch 13, 2023 | msn.comGov. Abbott appoints 3 to Texas Tech University System Board of RegentsMarch 13, 2023 | msn.comGov. Abbott appoints three new regents to Texas Tech System's boardMarch 11, 2023 | finance.yahoo.comCulp Third Quarter 2023 Earnings: Misses ExpectationsMarch 11, 2023 | americanbankingnews.comCulp (NYSE:CULP) Now Covered by StockNews.comMarch 10, 2023 | msn.comGLOBAL MARKETS-Wall Street dives, Treasury yields tumble as bank worries spreadMarch 10, 2023 | seekingalpha.comGE Investor Day Shows The Transformation Plan Is WorkingMarch 10, 2023 | bizjournals.comGE Aerospace CEO Larry Culp: We plan to grow locally in OhioMarch 10, 2023 | bizjournals.comFive things you need to know today, and one singular sensationMarch 9, 2023 | msn.comGE sees growth in aerospace profit margins after breakupMarch 9, 2023 | nytimes.comBefore Another Storm in the Tahoe Region, a Race to Clear Snow From RoofsMarch 9, 2023 | msn.comGeneral Electric Stock Is Rising: What's Driving The Action?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CULP Stock 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. Email Address CULP Company Calendar Last Earnings12/01/2021Today3/21/2023Fiscal Year End4/30/2023Next Earnings (Estimated)7/05/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Broadwoven fabric mills, cotton Sub-IndustryTextiles SectorConsumer Discretionary Current SymbolNYSE:CULP CUSIP23021510 CIK723603 Webwww.culpinc.com Phone(336) 889-5161Fax336-887-7089Employees1,582Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($2.68) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-3,210,000.00 Net Margins-14.26% Pretax Margin-13.14% Return on Equity-30.11% Return on Assets-19.28% Debt Debt-to-Equity RatioN/A Current Ratio2.56 Quick Ratio1.25 Sales & Book Value Annual Sales$294.84 million Price / Sales0.22 Cash Flow$0.35 per share Price / Cash Flow14.77 Book Value$9.78 per share Price / Book0.53Miscellaneous Outstanding Shares12,310,000Free Float11,684,000Market Cap$64.01 million OptionableOptionable Beta1.22 Key ExecutivesRobert George CulpPresident, Chief Executive Officer & DirectorKenneth R. BowlingChief Financial Officer, Treasurer & Executive VPTeresa A. HuffmanChief Human Resources Officer & Senior VPAshley C. DurbinSecretary, Vice President & General CounselJoe GneiserDirector-Operations, Culp Home FashionsKey CompetitorsCrown CraftsNASDAQ:CRWSLiveXLive MediaNASDAQ:LIVXVirco Mfg.NASDAQ:VIRCATA Creativity GlobalNASDAQ:AACGWag! GroupNASDAQ:PETView All CompetitorsInsiders & InstitutionsJonathan Lee KellyBought 550 shares on 3/15/2023Total: $2,948.00 ($5.36/share)Jonathan Lee KellyBought 1,300 shares on 3/13/2023Total: $6,747.00 ($5.19/share)Jonathan Lee KellyBought 500 shares on 3/10/2023Total: $2,600.00 ($5.20/share)Thomas Bernard Gallagher, Jr.Sold 750 sharesTotal: $4,005.00 ($5.34/share)Jonathan Lee KellyBought 3,490 shares on 3/7/2023Total: $18,601.70 ($5.33/share)View All Insider TransactionsView All Institutional Transactions CULP Stock - Frequently Asked Questions How have CULP shares performed in 2023? Culp's stock was trading at $4.59 on January 1st, 2023. Since then, CULP stock has increased by 13.3% and is now trading at $5.20. View the best growth stocks for 2023 here. Are investors shorting Culp? Culp saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 18,900 shares, an increase of 36.0% from the February 13th total of 13,900 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are sold short. View Culp's Short Interest. When is Culp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 5th 2023. View our CULP earnings forecast. How were Culp's earnings last quarter? Culp, Inc. (NYSE:CULP) issued its quarterly earnings results on Wednesday, December, 1st. The textile maker reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07. The textile maker earned $74.56 million during the quarter, compared to the consensus estimate of $73.76 million. Culp had a negative trailing twelve-month return on equity of 30.11% and a negative net margin of 14.26%. During the same quarter in the previous year, the firm earned $0.19 earnings per share. What guidance has Culp issued on next quarter's earnings? Culp issued an update on its second quarter 2023 earnings guidance on Thursday, December, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $58.00 million-$58.00 million, compared to the consensus revenue estimate of $59.27 million. 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), International Business Machines (IBM), Pfizer (PFE), Philip Morris International (PM), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), WestRock (WRK), AbbVie (ABBV) and Carnival Co. & (CCL). 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 Renaissance Technologies LLC (5.66%), Dimensional Fund Advisors LP (5.56%), Brown Advisory Inc. (4.17%), Grace & White Inc. NY (1.70%), Moors & Cabot Inc. (1.68%) and Moors & Cabot Inc. (1.48%). Insiders that own company stock include Franklin N Saxon, Fred A Jackson, Jonathan Lee Kelly, Kenneth W Mcallister, Perry E Davis, Robert George Iv Culp, Sharon A Decker, Thomas Bernard Gallagher, Jr and Thomas Bruno. View institutional ownership trends. How do I buy shares of Culp? Shares of CULP stock 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 $5.20. How much money does Culp make? Culp (NYSE:CULP) has a market capitalization of $64.01 million and generates $294.84 million in revenue each year. The textile maker earns $-3,210,000.00 in net income (profit) each year or ($2.68) on an earnings per share basis. How many employees does Culp have? The company employs 1,582 workers across the globe. How can I contact Culp? Culp's mailing address is 1823 EASTCHESTER DRIVE, HIGH POINT NC, 27265. The official website for the company is www.culpinc.com. The textile maker can be reached via phone at (336) 889-5161 or via fax at 336-887-7089. This page (NYSE:CULP) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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