S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:CULP

Culp - CULP Stock Forecast, Price & News

$4.91
-0.05 (-1.01%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$4.82
$5.01
50-Day Range
$4.12
$5.60
52-Week Range
$4.04
$14.69
Volume
47,781 shs
Average Volume
75,122 shs
Market Capitalization
$60.00 million
P/E Ratio
N/A
Dividend Yield
9.37%
Price Target
N/A

Culp MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.10% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Culp in the last 14 days
Based on 14 Articles This Week
Insider Trading
Acquiring Shares
$80,109 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.12) to $0.59 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Consumer Discretionary Sector

219th out of 365 stocks

Broadwoven Fabric Mills, Cotton Industry

2nd out of 2 stocks

CULP stock logo

About Culp (NYSE:CULP) Stock

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.

Culp Stock Down 1.0 %

Culp stock traded down $0.05 during midday trading on Friday, hitting $4.91. 47,781 shares of the stock were exchanged, compared to its average volume of 75,122. The company has a fifty day simple moving average of $4.98 and a two-hundred day simple moving average of $6.66. Culp has a 52 week low of $4.04 and a 52 week high of $14.69. The stock has a market capitalization of $60.00 million, a PE ratio of -18.88 and a beta of 1.24.

Culp (NYSE:CULP - Get Rating) last released its quarterly earnings data on Wednesday, June 29th. The textile maker reported ($0.49) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($0.14). Culp had a negative return on equity of 2.55% and a negative net margin of 1.09%. The firm had revenue of $56.94 million for the quarter, compared to the consensus estimate of $45.97 million. As a group, equities research analysts anticipate that Culp will post -0.12 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CULP shares. TheStreet lowered shares of Culp from a "c-" rating to a "d" rating in a research note on Thursday, June 30th. StockNews.com raised shares of Culp from a "sell" rating to a "hold" rating in a research note on Friday.

Insider Buying and Selling at Culp

In related news, Director Jonathan Lee Kelly purchased 17,154 shares of the business's stock in a transaction on Monday, July 18th. The shares were purchased at an average price of $4.67 per share, with a total value of $80,109.18. Following the completion of the purchase, the director now owns 24,558 shares in the company, valued at approximately $114,685.86. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 4.60% of the company's stock.

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CULP Stock News Headlines

GE Is Fine, It's Everyone Else That's The Problem
Culp, Inc. (NYSE:CULP) Director Purchases $80,109.18 in Stock
See More Headlines
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CULP Company Calendar

Last Earnings
6/29/2022
Today
8/07/2022
Next Earnings (Estimated)
9/07/2022
Fiscal Year End
4/30/2023

Industry, Sector and Symbol

Industry
Broadwoven fabric mills, cotton
Sub-Industry
Textiles
CUSIP
23021510
Employees
1,582
Year Founded
N/A

Profitability

Net Income
$-3,210,000.00
Pretax Margin
-0.11%

Debt

Sales & Book Value

Annual Sales
$294.84 million
Cash Flow
$0.36 per share
Book Value
$9.78 per share

Miscellaneous

Free Float
11,656,000
Market Cap
$60.00 million
Optionable
Optionable
Beta
1.24

Key Executives

  • Mr. Franklin N. Saxon (Age 70)
    Exec. Chairman
    Comp: $1.17M
  • Mr. Robert G. Culp IV (Age 51)
    Pres, CEO & Director
    Comp: $1.34M
  • Mr. Kenneth R. Bowling (Age 60)
    Exec. VP, CFO & Treasurer
    Comp: $651.41k
  • Mr. Boyd B. Chumbley (Age 65)
    Pres of Culp Upholstery Fabrics Division
    Comp: $725.85k
  • Ms. Cassandra J. Brown (Age 56)
    Pres of Home Fashions Division
    Comp: $455.12k
  • Ms. Ashley Carter Durbin (Age 42)
    VP, Gen. Counsel & Corp. Sec.
  • Ms. Teresa Atkins Huffman MBA (Age 61)
    SPHR, Sr. VP of HR
  • Paul Saunders
    Chief Exec. Officer of eLuxury
  • Mr. Jeff Tsacoumangos
    Head of Global Strategic Transformation, Supply Chain & Service for Culp Home Fashions
  • Mike Cottonaro
    Sr. VP of Sales & Marketing for CHF













CULP Stock - Frequently Asked Questions

How has Culp's stock price performed in 2022?

Culp's stock was trading at $9.51 at the beginning of the year. Since then, CULP stock has decreased by 48.4% and is now trading at $4.91.
View the best growth stocks for 2022 here
.

Are investors shorting Culp?

Culp saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 120,000 shares, an increase of 103.4% from the June 30th total of 59,000 shares. Based on an average daily volume of 66,300 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.1% of the shares of the company are short sold.
View Culp's Short Interest
.

When is Culp's next earnings date?

Culp is scheduled to release its next quarterly earnings announcement on Wednesday, September 7th 2022.
View our earnings forecast for Culp
.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) announced its earnings results on Wednesday, June, 29th. The textile maker reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.35) by $0.14. The textile maker earned $56.94 million during the quarter, compared to the consensus estimate of $45.97 million. Culp had a negative net margin of 1.09% and a negative trailing twelve-month return on equity of 2.55%.

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

Culp announced a quarterly dividend on Thursday, March 3rd. Stockholders of record on Monday, April 11th will be paid a dividend of $0.115 per share on Tuesday, April 19th. This represents a $0.46 annualized dividend and a yield of 9.37%. The ex-dividend date of this dividend is Friday, April 8th.
View Culp's dividend history
.

Is Culp a good dividend stock?

Culp(NYSE:CULP) pays an annual dividend of $0.46 per share and currently has a dividend yield of 9.37%. CULP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Culp's dividend history.

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 retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (4.35%), Grace & White Inc. NY (1.46%) and US Bancorp DE (0.21%). Company insiders that own Culp stock include Franklin N Saxon, Fred A Jackson, Jonathan Lee Kelly, Kenneth W Mcallister, Perry E Davis, Robert George Iv Culp and Sharon A Decker.
View institutional ownership trends for Culp
.

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 $4.91.

How much money does Culp make?

Culp (NYSE:CULP) has a market capitalization of $60.00 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 ($0.26) on an earnings per share basis.

How many employees does Culp have?

Culp 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 Culp 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 8/7/2022 by MarketBeat.com Staff

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