NYSE:CULP - Culp Stock Price, News & Analysis

$14.82
+0.32 (+2.21 %)
(As of 08/23/2019 03:17 AM ET)
Today's Range
$14.6150
Now: $14.82
$15.2150
50-Day Range
$15.01
MA: $17.40
$19.19
52-Week Range
$14.50
Now: $14.82
$27.77
Volume33,272 shs
Average Volume33,744 shs
Market Capitalization$183.63 million
P/E Ratio36.15
Dividend Yield2.76%
Beta0.51
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$1.1019 per share
Book Value$13.26 per share

Profitability

Net Income$5.68 million

Miscellaneous

Employees1,440
Market Cap$183.63 million
Next Earnings Date9/4/2019 (Estimated)
OptionableOptionable

Receive CULP 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 (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 announced a quarterly dividend on Wednesday, June 12th. Stockholders of record on Friday, July 5th will be given a dividend of $0.10 per share on Tuesday, July 16th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Wednesday, July 3rd. View Culp's Dividend History.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) posted its quarterly earnings results on Wednesday, June, 12th. The textile maker reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.21. The textile maker had revenue of $70.96 million for the quarter, compared to analyst estimates of $70.29 million. Culp had a net margin of 1.91% and a return on equity of 4.47%. View Culp's Earnings History.

When is Culp's next earnings date?

Culp is scheduled to release their next quarterly earnings announcement on Wednesday, September 4th 2019. View Earnings Estimates for Culp.

What price target have analysts set for CULP?

2 brokerages have issued 1-year price targets for Culp's shares. Their forecasts range from $22.00 to $28.00. On average, they anticipate Culp's share price to reach $25.00 in the next year. This suggests a possible upside of 68.7% 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Culp.

Has Culp been receiving favorable news coverage?

Media coverage about CULP stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Culp earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the textile maker a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for Culp.

Are investors shorting Culp?

Culp saw a drop in short interest in July. As of July 31st, there was short interest totalling 77,800 shares, a drop of 10.8% from the June 30th total of 87,200 shares. Based on an average daily trading volume, of 22,300 shares, the short-interest ratio is presently 3.5 days. Currently, 0.7% of the shares of the company 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 Jabil (JBL), GVC (GVC), Casey's General Stores (CASY), CEVA (CEVA), Cirrus Logic (CRUS), Dicerna Pharmaceuticals (DRNA), Energy Recovery (ERII), Second Sight Medical Products (EYES), Gilead Sciences (GILD) and Glu Mobile (GLUU).

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 number of of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (12.97%), BlackRock Inc. (6.11%), Renaissance Technologies LLC (5.89%), Victory Capital Management Inc. (5.10%), Vanguard Group Inc. (4.82%) and Nuveen Asset Management LLC (3.47%). Company insiders that own Culp stock include Fred A Jackson 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 THB Asset Management, Victory Capital Management Inc., JPMorgan Chase & Co., Morgan Stanley, Price T Rowe Associates Inc. MD, Bank of America Corp DE, Wedge Capital Management L L P NC and BlackRock Inc.. View Insider Buying and Selling for Culp.

Which institutional investors are buying Culp stock?

CULP stock was bought by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Deprince Race & Zollo Inc., Isthmus Partners LLC, Nuveen Asset Management LLC, Vanguard Group Inc., Keeley Teton Advisors LLC, Saturna Capital CORP and Renaissance Technologies LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Culp's stock price today?

One share of CULP stock can currently be purchased for approximately $14.82.

How big of a company is Culp?

Culp has a market capitalization of $183.63 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:  179 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  386
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 8/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel