How have CULP shares performed in 2024?

Culp's stock was trading at $5.79 at the beginning of the year. Since then, CULP shares have decreased by 21.9% and is now trading at $4.52. View the best growth stocks for 2024 here .

Are investors shorting Culp?

Culp saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 12,000 shares, a decline of 31.8% from the February 29th total of 17,600 shares. Based on an average daily trading volume, of 23,100 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% 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, June 26th 2024. View our CULP earnings forecast .

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) issued its quarterly earnings results on Wednesday, March, 6th. The textile maker reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.16) by $0.10. The textile maker had revenue of $60.42 million for the quarter, compared to analyst estimates of $58.98 million. Culp had a negative trailing twelve-month return on equity of 15.58% and a negative net margin of 5.75%.

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 0.00%. Read our dividend analysis for CULP .

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:CULP

Culp (CULP) Stock Price, News & Analysis

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$4.52

+0.04 (+0.89%)

(As of 04/19/2024 ET)

Compare

Today's Range: $4.44
▼
$4.56
50-Day Range: $4.38
▼
$5.14
52-Week Range: $4.20
▼
$5.99

Volume: 21,531 shs
Average Volume: 20,346 shs
Market Capitalization: $56.36 million

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

Get Culp alerts:

Culp MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.10% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.19
Based on 21 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.04) to $0.04 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.63 out of 5 stars

Consumer Discretionary Sector

246th out of 265 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.

4.0

Short Interest

Percentage of Shares Shorted
0.10% 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 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Culp has recently decreased by 4.17%, indicating that investor sentiment is improving.

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.
Dividend Sustainability
Based on EPS estimates, Culp will have a dividend payout ratio of 1,150.00% in the coming year. This indicates that Culp may not be able to sustain their current dividend.

N/A

Sustainability and ESG

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

1.0

News and Social Media Coverage

News Sentiment
Culp has a news sentiment score of -0.19. 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 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 21 news articles for Culp this week, compared to 7 articles on an average week.
Search Interest
Only 1 people have searched for CULP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Culp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.60% of the stock of Culp is held by insiders.
Percentage Held by Institutions
75.05% 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 ($1.04) to $0.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Culp is -4.11, 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 -4.11, 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 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Culp Stock (NYSE:CULP)

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, loveseats, chairs, 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 incorporated in 1972 and is headquartered in High Point, North Carolina.

CULP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CULP Stock News Headlines

April 19, 2024 | msn.com

Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents

April 19, 2024 | msn.com

Wall St closes lower; gold climbs amid economic, geopolitical crosswinds

April 19, 2024 | DTI (Ad)

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April 19, 2024 | americanbankingnews.com

Culp, Inc. to Post Q2 2025 Earnings of $0.00 Per Share, Sidoti Csr Forecasts (NYSE:CULP)

April 18, 2024 | finance.yahoo.com

REFILE-GLOBAL MARKETS-Wall St wavers, gold climbs amid economic, geopolitical crosswinds

April 18, 2024 | msn.com

Wall St wavers, gold climbs amid economic, geopolitical crosswinds

April 17, 2024 | msn.com

US stocks end down, crude slides amid Fed, geopolitical crosscurrents

April 17, 2024 | msn.com

US stocks mixed, crude slides amid Fed, geopolitical crosscurrents

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 17, 2024 | msn.com

US stocks lose steam on Fed caution and mixed earnings

April 17, 2024 | news.yahoo.com

Republican Congressional candidate sends cease and desist letter to Loren Culp

April 16, 2024 | msn.com

US stocks see-saw as rising Treasury yields, Middle East tensions cap gains

April 16, 2024 | msn.com

Fly High With Post-Breakup GE Stock

April 16, 2024 | markets.businessinsider.com

Boeing Investors Favor 'Clear Favorite Candidate' For CEO As Market Challenges Persist

April 16, 2024 | americanbankingnews.com

Head to Head Contrast: Culp (NYSE:CULP) & Lenzing Aktiengesellschaft (OTCMKTS:LNZNF)

April 16, 2024 | msn.com

US stocks tumble as Treasury yields rise, Middle East tensions simmer

April 15, 2024 | msn.com

US stocks slide as Treasury yields rise, Middle East tensions simmer

April 14, 2024 | msn.com

Wall St extends losses on mixed earnings, sticky inflation, geopolitical fears

April 12, 2024 | msn.com

Wall St ends sharply lower on mixed earnings, sticky inflation, geopolitical fears

April 12, 2024 | finance.yahoo.com

US STOCKS-Wall St ends sharply lower on mixed earnings, sticky inflation, geopolitical fears

April 12, 2024 | bizjournals.com

‘We are go’: GE Aerospace launches in Cincinnati

April 11, 2024 | msn.com

S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earnings

April 11, 2024 | finance.yahoo.com

US STOCKS-Wall Street rebounds on softer inflation data, eyes on earnings

April 10, 2024 | finance.yahoo.com

REFILE-US STOCKS-Wall St ends sharply lower as sticky inflation dims rate cut hopes

April 10, 2024 | msn.com

Wall St ends sharply lower as sticky inflation dims rate cut hopes

April 9, 2024 | msn.com

US STOCKS-U.S. stocks inch to higher close as markets brace for CPI data, earnings

April 9, 2024 | finance.yahoo.com

Onit Expands Executive Team with Key Leadership Additions

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/19/2024
Fiscal Year End: 4/30/2024
Next Earnings (Estimated): 6/26/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Broadwoven fabric mills, cotton
Sub-Industry: Textiles
Current Symbol: NYSE:CULP
CUSIP: 23021510
CIK: 723603
Web: www.culpinc.com
Phone: (336) 889-5161
Fax: 336-887-7089
Employees: 1,333
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($1.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-31,520,000.00
Net Margins: -5.75%
Pretax Margin: -4.46%
Return on Equity: -15.58%
Return on Assets: -9.13%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.05
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $237.23 million
Price / Sales: 0.24
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $7.24 per share
Price / Book: 0.62

Miscellaneous

Outstanding Shares: 12,470,000
Free Float: 11,647,000
Market Cap: $56.36 million
Optionable: Optionable
Beta: 1.29

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Key Executives

Mr. Franklin N. Saxon (Age 72)
Executive Chairman & Strategic Advisor
Comp: $291.67k
Mr. Robert G. Culp IV (Age 53)
President, CEO, President of Culp Home Fashions & Director
Comp: $936.44k
Mr. Kenneth R. Bowling (Age 62)
Executive VP, CFO & Treasurer
Comp: $488.22k
Mr. Boyd B. Chumbley (Age 67)
President of Culp Upholstery Fabrics Division
Comp: $586.59k
Ms. Ashley Carter Durbin (Age 44)
Senior VP, General Counsel & Corporate Secretary
Ms. Teresa Atkins Huffman MBA (Age 62)
SPHR, Senior VP & Chief Human Resources Officer
Paul Saunders
Chief Executive Officer of eLuxury
Mr. Jeff Tsacoumangos
Divisional Chief Operating Officer of Culp Home Fashions
Tammy Buckner
Senior Vice President of Design & Marketing - Culp Upholstery Fabrics
Mr. Tommy Bruno
Executive Vice President of Culp Home Fashions

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CULP Stock Analysis - Frequently Asked Questions

How have CULP shares performed in 2024?: Culp's stock was trading at $5.79 at the beginning of the year. Since then, CULP shares have decreased by 21.9% and is now trading at $4.52.
View the best growth stocks for 2024 here.
Are investors shorting Culp?: Culp saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 12,000 shares, a decline of 31.8% from the February 29th total of 17,600 shares. Based on an average daily trading volume, of 23,100 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% 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, June 26th 2024.
View our CULP earnings forecast.
How were Culp's earnings last quarter?: Culp, Inc. (NYSE:CULP) issued its quarterly earnings results on Wednesday, March, 6th. The textile maker reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.16) by $0.10. The textile maker had revenue of $60.42 million for the quarter, compared to analyst estimates of $58.98 million. Culp had a negative trailing twelve-month return on equity of 15.58% and a negative net margin of 5.75%.

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 0.00%.
Read our dividend analysis for CULP.
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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CULP) was last updated on 4/19/2024 by MarketBeat.com Staff

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Culp (CULP) Stock Price, News & Analysis

Culp MarketRank™ Stock Analysis

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 Stock (NYSE:CULP)

CULP Stock Price History

CULP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CULP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™