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NYSE:CULP - Culp Stock Price, Forecast & News

$9.89
-0.12 (-1.20 %)
(As of 02/27/2020 01:51 AM ET)
Today's Range
$9.88
Now: $9.89
$10.10
50-Day Range
$9.89
MA: $12.41
$13.82
52-Week Range
$9.88
Now: $9.89
$21.08
Volume60,277 shs
Average Volume46,155 shs
Market Capitalization$122.75 million
P/E Ratio22.48
Dividend Yield4.20%
Beta0.57
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$1.09 per share
Book Value$13.26 per share

Profitability

Net Income$5.68 million

Miscellaneous

Employees1,440
Market Cap$122.75 million
Next Earnings DateN/A
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 Monday, December 9th. Stockholders of record on Wednesday, January 8th will be paid a dividend of $0.105 per share on Friday, January 17th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend is Tuesday, January 7th. This is a positive change from Culp's previous quarterly dividend of $0.10. View Culp's Dividend History.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) released its quarterly earnings data on Thursday, December, 5th. The textile maker reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.03. The textile maker earned $72.62 million during the quarter, compared to the consensus estimate of $77.33 million. Culp had a net margin of 1.83% and a return on equity of 3.38%. View Culp's Earnings History.

What price target have analysts set for CULP?

2 brokerages have issued 12-month target prices for Culp's stock. Their forecasts range from $11.00 to $18.00. On average, they anticipate Culp's share price to reach $14.50 in the next year. This suggests a possible upside of 46.6% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Culp.

Has Culp been receiving favorable news coverage?

News articles about CULP stock have been trending somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Culp earned a news impact score of 2.0 on InfoTrie's scale. They also gave press coverage about the textile maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Culp.

Are investors shorting Culp?

Culp saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 13,300 shares, a drop of 5.7% from the January 30th total of 14,100 shares. Based on an average daily volume of 40,800 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold. 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 Gilead Sciences (GILD), Walgreens Boots Alliance (WBA), Philip Morris International (PM), AT&T (T), Westrock (WRK), Methanex (MEOH), Pattern Energy Group (PEGI), AbbVie (ABBV), Franklin Resources (BEN) and Carnival (CCL).

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 variety of of institutional and retail investors. Top institutional investors include CIBC Private Wealth Group LLC (11.83%), Standard Life Aberdeen plc (10.91%), Renaissance Technologies LLC (6.52%), State Street Corp (1.86%), Foundry Partners LLC (1.11%) and Geode Capital Management LLC (1.02%). 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 Bank of New York Mellon Corp, Wedge Capital Management L L P NC, THB Asset Management, New York State Common Retirement Fund, Bank of America Corp DE, Bessemer Group Inc. and Martingale Asset Management L P. View Insider Buying and Selling for Culp.

Which institutional investors are buying Culp stock?

CULP stock was purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Goldman Sachs Group Inc., Standard Life Aberdeen plc, Fairfax Financial Holdings Ltd Can, Renaissance Technologies LLC, CIBC Private Wealth Group LLC, Marshall Wace LLP and Thrivent Financial for Lutherans. 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 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 $9.89.

How big of a company is Culp?

Culp has a market capitalization of $122.75 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:  207 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  444
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 2/27/2020 by MarketBeat.com Staff

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