Culp (CULP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $4.97 to $5.09
• 50-Day Range: $4.92 to $6.49
• 52-Week Range: $4.25 to $6.85
• Volume: 16,956 shs
• Average Volume: 20,254 shs
• Market Capitalization: $63.57 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Culp Stock Analysis - MarketRank™

Culp scored higher than 23% of companies evaluated by MarketBeat, and ranked 256th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Culp.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Culp is -3.58, 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 -3.58, 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 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.21% 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 1.2, 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 9.91%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Culp does not currently pay a dividend.

Dividend Growth

Culp does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.21% 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 1.2, 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 9.91%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.03

News Sentiment

Culp has a news sentiment score of -0.03. 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 0.67 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Culp this week, compared to 7 articles on an average week.

MarketBeat Follows

1 people have added Culp to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Culp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,440,336.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 7.30% 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.

CULP Stock Analysis - Frequently Asked Questions

How have CULP shares performed this year?

Culp's stock was trading at $5.79 on January 1st, 2024. Since then, CULP stock has decreased by 12.1% and is now trading at $5.09.
View the best growth stocks for 2024 here.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) issued its quarterly earnings data on Wednesday, September, 4th. The textile maker reported ($0.37) earnings per share for the quarter. The textile maker had revenue of $56.54 million for the quarter. Culp had a negative net margin of 7.88% and a negative trailing twelve-month return on equity of 19.51%.

Who are Culp's major shareholders?

Culp's top institutional investors include Moors & Cabot Inc. (1.70%), Grace & White Inc. NY (0.97%), Geode Capital Management LLC (0.83%) and Oppenheimer & Co. Inc. (0.13%). Insiders that own company stock include Fred A Jackson, Robert George Iv Culp, Jonathan Lee Kelly, Thomas Bruno, Sharon A Decker, John Allen Baugh, Kimberly Bullock Gatling, Perry E Davis and Thomas Bernard Gallagher, Jr.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Culp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Culp investors own include Broadcom (AVGO), NVIDIA (NVDA), Jabil (JBL), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET) and Myomo (MYO).

Company Calendar

• Last Earnings: 9/04/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 12/02/2024
• Fiscal Year End: 4/30/2025

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): ($1.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-13,820,000.00
• Net Margins: -7.88%
• Pretax Margin: -6.73%
• Return on Equity: -19.51%
• Return on Assets: -11.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.96
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $225.21 million
• Price / Sales: 0.28
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.11 per share
• Price / Book: 0.81

Miscellaneous

• Outstanding Shares: 12,490,000
• Free Float: 11,578,000
• Market Cap: $62.08 million
• Optionable: Optionable
• Beta: 1.22