S&P 500   4,289.62 (+0.22%)
DOW   33,871.75 (+0.33%)
QQQ   332.29 (+0.58%)
AAPL   173.02 (+0.53%)
MSFT   292.71 (+0.27%)
META   180.90 (+0.22%)
GOOGL   122.01 (+0.27%)
AMZN   142.94 (-0.42%)
TSLA   926.15 (+2.90%)
NVDA   188.76 (+0.89%)
NIO   21.23 (+0.57%)
BABA   94.17 (-0.63%)
AMD   101.03 (+0.20%)
MU   64.75 (-0.45%)
T   18.44 (+0.93%)
CGC   3.72 (+12.73%)
GE   79.77 (-0.20%)
F   16.36 (+1.11%)
DIS   125.08 (+2.89%)
AMC   24.14 (-1.23%)
PYPL   101.74 (+0.63%)
PFE   49.59 (-1.04%)
NFLX   251.20 (+0.76%)
S&P 500   4,289.62 (+0.22%)
DOW   33,871.75 (+0.33%)
QQQ   332.29 (+0.58%)
AAPL   173.02 (+0.53%)
MSFT   292.71 (+0.27%)
META   180.90 (+0.22%)
GOOGL   122.01 (+0.27%)
AMZN   142.94 (-0.42%)
TSLA   926.15 (+2.90%)
NVDA   188.76 (+0.89%)
NIO   21.23 (+0.57%)
BABA   94.17 (-0.63%)
AMD   101.03 (+0.20%)
MU   64.75 (-0.45%)
T   18.44 (+0.93%)
CGC   3.72 (+12.73%)
GE   79.77 (-0.20%)
F   16.36 (+1.11%)
DIS   125.08 (+2.89%)
AMC   24.14 (-1.23%)
PYPL   101.74 (+0.63%)
PFE   49.59 (-1.04%)
NFLX   251.20 (+0.76%)
S&P 500   4,289.62 (+0.22%)
DOW   33,871.75 (+0.33%)
QQQ   332.29 (+0.58%)
AAPL   173.02 (+0.53%)
MSFT   292.71 (+0.27%)
META   180.90 (+0.22%)
GOOGL   122.01 (+0.27%)
AMZN   142.94 (-0.42%)
TSLA   926.15 (+2.90%)
NVDA   188.76 (+0.89%)
NIO   21.23 (+0.57%)
BABA   94.17 (-0.63%)
AMD   101.03 (+0.20%)
MU   64.75 (-0.45%)
T   18.44 (+0.93%)
CGC   3.72 (+12.73%)
GE   79.77 (-0.20%)
F   16.36 (+1.11%)
DIS   125.08 (+2.89%)
AMC   24.14 (-1.23%)
PYPL   101.74 (+0.63%)
PFE   49.59 (-1.04%)
NFLX   251.20 (+0.76%)
S&P 500   4,289.62 (+0.22%)
DOW   33,871.75 (+0.33%)
QQQ   332.29 (+0.58%)
AAPL   173.02 (+0.53%)
MSFT   292.71 (+0.27%)
META   180.90 (+0.22%)
GOOGL   122.01 (+0.27%)
AMZN   142.94 (-0.42%)
TSLA   926.15 (+2.90%)
NVDA   188.76 (+0.89%)
NIO   21.23 (+0.57%)
BABA   94.17 (-0.63%)
AMD   101.03 (+0.20%)
MU   64.75 (-0.45%)
T   18.44 (+0.93%)
CGC   3.72 (+12.73%)
GE   79.77 (-0.20%)
F   16.36 (+1.11%)
DIS   125.08 (+2.89%)
AMC   24.14 (-1.23%)
PYPL   101.74 (+0.63%)
PFE   49.59 (-1.04%)
NFLX   251.20 (+0.76%)
NYSE:CULP

Culp - CULP Stock Forecast, Price & News

$5.06
-0.13 (-2.50%)
(As of 08/12/2022 03:59 PM ET)
Add
Compare
Today's Range
$5.00
$5.12
50-Day Range
$4.12
$5.60
52-Week Range
$4.04
$14.69
Volume
319 shs
Average Volume
47,867 shs
Market Capitalization
$61.82 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Culp MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.02mentions of Culp in the last 14 days
Based on 11 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.

2.13 out of 5 stars

Consumer Discretionary Sector

191st out of 291 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 the United States, 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 for customers in the hospitality and commercial industries. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CULP. TheStreet lowered Culp from a "c-" rating to a "d" rating in a research note on Thursday, June 30th. StockNews.com raised Culp from a "sell" rating to a "hold" rating in a report on Friday, August 5th.

Culp Stock Down 2.5 %

Shares of NYSE:CULP traded down $0.13 during trading hours on Monday, reaching $5.06. The stock had a trading volume of 319 shares, compared to its average volume of 47,867. The firm has a 50-day moving average of $4.93 and a 200-day moving average of $6.51. Culp has a fifty-two week low of $4.04 and a fifty-two week high of $14.69.

Culp (NYSE:CULP - Get Rating) last released its quarterly earnings data 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 company had revenue of $56.94 million during the quarter, compared to analysts' expectations of $45.97 million. Culp had a negative net margin of 1.09% and a negative return on equity of 2.55%. Equities research analysts forecast that Culp will post -0.12 earnings per share for the current year.

Insider Transactions at Culp

In other Culp news, Director Jonathan Lee Kelly acquired 17,154 shares of Culp stock in a transaction dated Monday, July 18th. The stock was acquired at an average cost of $4.67 per share, for a total transaction of $80,109.18. Following the completion of the transaction, the director now owns 24,558 shares in the company, valued at approximately $114,685.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 4.60% of the company's stock.

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.

CULP Stock News Headlines

Culp (NYSE:CULP) Raised to "Hold" at StockNews.com
See More Headlines
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.

CULP Company Calendar

Last Earnings
6/29/2022
Today
8/15/2022
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
$61.82 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 have CULP shares performed in 2022?

Culp's stock was trading at $9.51 at the beginning of 2022. Since then, CULP shares have decreased by 46.8% and is now trading at $5.06.
View the best growth stocks for 2022 here
.

Are investors shorting Culp?

Culp saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 53,100 shares, a decrease of 55.8% from the July 15th total of 120,000 shares. Based on an average daily trading volume, of 59,700 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the company's shares 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, September 7th 2022.
View our CULP earnings forecast
.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) issued its earnings results 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. The textile maker earned $56.94 million during the quarter, compared to analyst estimates of $45.97 million. Culp had a negative trailing twelve-month return on equity of 2.55% and a negative net margin of 1.09%.

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

Culp announced a quarterly dividend on Thursday, March 3rd. Investors of record on Monday, April 11th will be given a dividend of $0.115 per share on Tuesday, April 19th. This represents a $0.46 annualized dividend and a dividend yield of 9.09%. The ex-dividend date of this dividend is Friday, April 8th.
Read our dividend analysis for CULP
.

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 a number of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (6.41%), Brown Advisory Inc. (4.35%), Keeley Teton Advisors LLC (2.82%), Grace & White Inc. NY (1.46%), Isthmus Partners LLC (1.43%) and Oppenheimer & Co. Inc. (0.57%). 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 and Sharon A Decker.
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 $5.06.

How much money does Culp make?

Culp (NYSE:CULP) has a market capitalization of $61.82 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?

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 8/15/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.