NYSE:CULP

Culp - CULP Stock Forecast, Price & News

$5.25

0.00 (0.00%)

(As of 03/24/2023 04:28 PM ET)

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Today's Range: $5.24
▼
$5.30
50-Day Range: $5.20
▼
$5.61
52-Week Range: $3.94
▼
$8.30

Volume: 9,252 shs
Average Volume: 15,982 shs
Market Capitalization: $64.63 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Institutional Ownership

Culp MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.01
Based on 12 Articles This Week
Insider Trading: Acquiring Shares
$72,207 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($2.64) to $0.09 Per Share

Overall MarketRank^™

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

1.70 out of 5 stars

Consumer Discretionary Sector

230th out of 259 stocks

Broadwoven Fabric Mills, Cotton Industry

2nd out of 2 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Culp.

3.0

Short Interest

Percentage of Shares Shorted
0.17% of the float of Culp has been sold short.
Short Interest Ratio / Days to Cover
Culp 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 month
Short interest in Culp has recently increased by 35.97%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Culp does not currently pay a dividend.
Dividend Growth
Culp does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CULP.

2.2

News and Social Media Coverage

News Sentiment
Culp has a news sentiment score of 0.01. 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 is a lower news sentiment than the 0.39 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Culp this week, compared to 5 articles on an average week.
Search Interest
10 people have searched for CULP on MarketBeat in the last 30 days. This is an increase of 900% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 Insiders
Only 5.10% of the stock of Culp is held by insiders.
Percentage Held by Institutions
59.96% of the stock of Culp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Culp are expected to grow in the coming year, from ($2.64) to $0.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Culp is -1.96, 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. Sector
The P/E ratio of Culp is -1.96, 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 Ratio
Culp 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.

See Top Rated MarketRank™ Stocks Here

About Culp (NYSE:CULP) Stock

Culp, 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.

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CULP Stock News Headlines

March 23, 2023 | msn.com

US STOCKS-Wall Street rallies on hopes of Fed policy pause

March 23, 2023 | finance.yahoo.com

US STOCKS-Wall St ends higher as Yellen vows actions to safeguard deposits

March 24, 2023 | Weiss Ratings (Ad)

Urgent Warning

This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …

March 22, 2023 | finance.yahoo.com

US STOCKS-Wall St ends sharply lower after Powell warns inflation fight continues

March 22, 2023 | finance.yahoo.com

US STOCKS-Wall Street see-saws higher as Fed hints at rate hike pause

March 22, 2023 | finance.yahoo.com

US STOCKS-Wall Street spikes as Fed hints at rate hike pause

March 21, 2023 | finance.yahoo.com

US STOCKS-Wall Street ends green on bank bounce as Fed takes focus

March 21, 2023 | money.usnews.com

Marketmind: Europe, US Reverse Bank Jitter Sell-Offs: Will Asia Follow?

March 24, 2023 | Weiss Ratings (Ad)

Urgent Warning

March 21, 2023 | reuters.com

Morning Bid: Europe, US reverse bank jitter sell-offs: will Asia follow?

March 20, 2023 | reuters.com

MORNING BID ASIA-Europe, US reverse bank jitter sell-offs: will Asia follow?

March 19, 2023 | americanbankingnews.com

Culp (NYSE:CULP) Coverage Initiated at StockNews.com

March 18, 2023 | msn.com

GE nixes stock awards for CEO Larry Culp, reducing pay by $14 million

March 17, 2023 | seekingalpha.com

GE board votes against CEO stock awards, reducing pay by $14 million

March 17, 2023 | bizjournals.com

Total pay for GE chief executive Larry Culp cut for 2nd year in a row

March 17, 2023 | proactiveinvestors.com

GE cancels stock awards for Larry Culp, trimming $14 million off CEO’s pay

March 17, 2023 | bizjournals.com

Total pay for GE Aerospace CEO Larry Culp cut for 2nd year in a row

March 17, 2023 | barrons.com

GE Chief Culp’s Pay Cut and Two Other Revelations From Its Proxy Filing

March 16, 2023 | marketwatch.com

: GE CEO Larry Culp agrees to $10 million cut in compensation

March 16, 2023 | msn.com

GE Chief’s Pay Falls $14.5 Million After Stock Award Reduced

March 16, 2023 | fortune.com

GE’s chief took a $14.5 million pay cut last year after agreeing to a reduced stock award amid investor complaints

March 16, 2023 | fortune.com

GE’s chief took a $14.5 million pay cut last year after agreeing to a reduced stock award amid investor complaints

March 14, 2023 | finance.yahoo.com

US STOCKS-Wall Street gains as inflation cools, bank jitters subside

March 13, 2023 | msn.com

Gov. Abbott appoints 3 to Texas Tech University System Board of Regents

March 13, 2023 | msn.com

Gov. Abbott appoints three new regents to Texas Tech System's board

March 11, 2023 | finance.yahoo.com

Culp Third Quarter 2023 Earnings: Misses Expectations

March 10, 2023 | msn.com

GLOBAL MARKETS-Wall Street dives, Treasury yields tumble as bank worries spread

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30 days | 90 days | 365 days | Advanced Chart

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CULP Company Calendar

Last Earnings: 12/01/2021
Today: 3/24/2023
Fiscal Year End: 4/30/2023
Next Earnings (Estimated): 7/05/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Broadwoven fabric mills, cotton
Sub-Industry: Textiles
Sector: Consumer Discretionary
Current Symbol: NYSE:CULP
CUSIP: 23021510
CIK: 723603
Web: www.culpinc.com
Phone: (336) 889-5161
Fax: 336-887-7089
Employees: 1,582
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($2.68)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net 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 Ratio: N/A
Current Ratio: 2.56
Quick Ratio: 1.25

Sales & Book Value

Annual Sales: $294.84 million
Price / Sales: 0.22
Cash Flow: $0.36 per share
Price / Cash Flow: 14.63
Book Value: $7.59 per share
Price / Book: 0.69

Miscellaneous

Outstanding Shares: 12,310,000
Free Float: 11,684,000
Market Cap: $64.63 million
Optionable: Optionable
Beta: 1.22

Key Executives

Robert George Culp
President, Chief Executive Officer & Director

Kenneth R. Bowling
Chief Financial Officer, Treasurer & Executive VP

Teresa A. Huffman
Chief Human Resources Officer & Senior VP

Ashley C. Durbin
Secretary, Vice President & General Counsel

Joe Gneiser
Director-Operations, Culp Home Fashions

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CULP Stock - Frequently Asked Questions

How have CULP shares performed in 2023?: Culp's stock was trading at $4.59 at the beginning of 2023. Since then, CULP shares have increased by 14.4% and is now trading at $5.25.
View the best growth stocks for 2023 here.
Are investors shorting Culp?: Culp saw a increase in short interest in 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 short-interest ratio is presently 1.0 days. Currently, 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 data on Wednesday, December, 1st. The textile maker reported $0.07 earnings per share for the quarter, hitting the consensus estimate of $0.07. The textile maker earned $74.56 million during the quarter, compared to analyst estimates 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 period in the prior year, the business posted $0.19 EPS.
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 $5.25.
How much money does Culp make?: Culp (NYSE:CULP) has a market capitalization of $64.63 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 3/24/2023 by MarketBeat.com Staff

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Culp - CULP Stock Forecast, Price & News

Culp MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Culp (NYSE:CULP) Stock

CULP Stock News Headlines

CULP Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CULP Stock - Frequently Asked Questions

Overall MarketRank^™