Culp, Inc. (CULP)

NYSE: CULP · IEX Real-Time Price · USD
4.52
-0.05 (-1.09%)
Oct 4, 2022 4:00 PM EDT - Market closed
-1.09%
Market Cap 55.48M
Revenue (ttm) 274.40M
Net Income (ttm) -11.16M
Shares Out 12.27M
EPS (ttm) 0.34
PE Ratio 13.29
Forward PE 20.75
Dividend $0.34 (7.52%)
Ex-Dividend Date Apr 8, 2022
Volume 15,442
Open 4.69
Previous Close 4.57
Day's Range 4.47 - 4.76
52-Week Range 4.04 - 14.31
Beta 1.24
Analysts Buy
Price Target 10.20 (+125.7%)
Earnings Date Aug 31, 2022

About 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 segme... [Read more...]

Industry Textiles, Apparel & Luxury Goods
Founded 1972
CEO Robert Culp
Employees 1,582
Stock Exchange NYSE
Ticker Symbol CULP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CULP stock is "Buy." The 12-month stock price forecast is 10.2, which is an increase of 125.66% from the latest price.

Price Target
$10.2
(125.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Culp, Inc. (CULP) Reports Q1 Loss, Tops Revenue Estimates

Culp, Inc. (CULP) delivered earnings and revenue surprises of -51.61% and 13.39%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Culp Announces Results for First Quarter Fiscal 2023

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended July 31, 2022....

1 month ago - Business Wire

Culp, Inc. Announces Leadership Addition at Culp Home Fashions, Planned Retirement of Division President Sandy Brown

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that Tommy Bruno will be joining the company as Executive Vice President ...

1 month ago - Business Wire

Culp, Inc. to Webcast First Quarter Fiscal 2023 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2023 conference call on Thursday,...

1 month ago - Business Wire

Culp Announces Change in Executive Management Structure

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced the company's board of directors has approved a change in the executive management structure of the company, effective Septembe...

2 months ago - Business Wire

Culp, Inc. (CULP) Reports Q4 Loss, Tops Revenue Estimates

Culp, Inc. (CULP) delivered earnings and revenue surprises of -40% and 23.86%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Culp Announces Results for Fourth Quarter and Fiscal 2022; Company Takes Steps to Enhance Liquidity

HIGH POINT, N.C.--(BUSINESS WIRE)---- $CULP--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the fourth quarter and fisca...

3 months ago - Business Wire

Culp, Inc. to Webcast Fourth Quarter and Fiscal 2022 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fourth quarter and fiscal 2022 conference call on Thur...

3 months ago - Business Wire

Culp, Inc. to Participate in Water Tower Research Fireside Chat Series

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that the company will participate in the Water Tower Research Fireside Chat Series on Thursday, May 12, 2022, at 1:00 p.m. ET. ...

4 months ago - Business Wire

Culp Revises Expectations for Fourth Quarter Fiscal 2022

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that, based on current estimates, the company is lowering its expectation...

5 months ago - Business Wire

Culp, Inc. to Participate in Sidoti Virtual Investor Conference

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will participate in the Sidoti Virtual Investor Conference taking place March 23 – 24, 2022. Iv Culp, president and chi...

6 months ago - Business Wire

Culp, Inc. (CULP) Reports Q3 Loss, Tops Revenue Estimates

Culp, Inc. (CULP) delivered earnings and revenue surprises of -125% and 7.41%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Culp Announces Results for Third Quarter Fiscal 2022

HIGH POINT, N.C.--(BUSINESS WIRE)---- $CULP--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended Janu...

7 months ago - Business Wire

Culp, Inc. to Webcast Third Quarter Fiscal 2022 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)---- $CULP--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2022 conference call on...

7 months ago - Business Wire

Earnings Preview: Culp, Inc. (CULP) Q3 Earnings Expected to Decline

Culp, Inc. (CULP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Culp, Inc. (CULP) Q2 Earnings Match Estimates

Culp, Inc. (CULP) delivered earnings and revenue surprises of 0% and 1.09%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Culp Announces Results for Second Quarter Fiscal 2022

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 31, 2...

10 months ago - Business Wire

Is Culp (CULP) Stock Suitable for Value Investors Now?

Let's see if Culp (CULP) stock is a good choice for value-oriented investors right now from multiple angles.

10 months ago - Zacks Investment Research

Culp, Inc. to Webcast Second Quarter Fiscal 2022 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2022 conference call on Thursday...

10 months ago - Business Wire

Culp Announces Revised Expectations for Second Quarter Fiscal 2022

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that, based on unaudited preliminary results and current estimates, the c...

11 months ago - Business Wire

A Good Time to Buy Textile Stocks?

Textile stocks are worth diving into today. Let me tell you why.

Other symbols: CROXGIIOXMPVHUFI
11 months ago - Zacks Investment Research

Culp, Inc. Adds Three New Independent Directors

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced the election of John A. Baugh, Kimberly B. Gatling, and Jonathan L. Kelly as members of its Board of Directors following the co...

1 year ago - Business Wire

Culp, Inc. (CULP) Q1 Earnings and Revenues Top Estimates

Culp, Inc. (CULP) delivered earnings and revenue surprises of 38.46% and 7.31%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Culp Announces Results for First Quarter Fiscal 2022

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended August 1, 2021...

1 year ago - Business Wire

Culp, Inc. to Webcast First Quarter Fiscal 2022 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2022 conference call on Thursday,...

1 year ago - Business Wire