Culp Inc Stock Today
CULP Stock | USD 4.57 0.06 1.33% |
Performance0 of 100
| Odds Of DistressLess than 12
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Culp is selling at 4.57 as of the 24th of April 2024; that is 1.33% increase since the beginning of the trading day. The stock's last reported lowest price was 4.42. Culp has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Culp Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 26th of March 1990 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. Culp, Inc. The company has 12.47 M outstanding shares of which 11.52 K shares are currently shorted by private and institutional investors with about 0.45 trading days to cover. More on Culp Inc
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Follow Valuation Options Odds of Bankruptcy
Financial Report 26th of June 2024
Culp Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Culp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Culp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Robert Culp | ||||
Business Concentration | Textiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Textile Manufacturing, Consumer Cyclical (View all Sectors) | ||||
Average Analyst Recommendation Analysts covering Culp report their recommendations after researching Culp's financial statements, talking to executives and customers, or listening in on Culp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Culp Inc. The Culp consensus assessment is calculated by taking the average forecast from all of the analysts covering Culp. | |||||
Culp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Culp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Culp's financial leverage. It provides some insight into what part of Culp's total assets is financed by creditors.
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Culp Inc (CULP) is traded on New York Stock Exchange in USA. It is located in 1823 Eastchester Drive, High Point, NC, United States, 27265 and employs 1,333 people. Culp is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 57.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Culp's market, we take the total number of its shares issued and multiply it by Culp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Culp Inc conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 12.47 M outstanding shares of which 11.52 K shares are currently shorted by private and institutional investors with about 0.45 trading days to cover.
Culp Inc currently holds about 18.87 M in cash with 7.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.54.
Check Culp Probability Of Bankruptcy
Ownership AllocationCulp Inc retains a total of 12.47 Million outstanding shares. Over half of Culp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Culp. Please watch out for any change in the institutional holdings of Culp Inc as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Culp Ownership Details
Culp Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Culp jumping above the current price in 90 days from now is about 81.06%. The Culp Inc probability density function shows the probability of Culp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Culp has a beta of 0.6161 suggesting as returns on the market go up, Culp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Culp Inc will be expected to be much smaller as well. Additionally, culp Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Culp to move above the current price in 90 days from now is about 81.06 (This Culp Inc probability density function shows the probability of Culp Stock to fall within a particular range of prices over 90 days) .
Culp Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Culp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Culp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Culp's value.Instituion | Recorded On | Shares | |
Grace & White Inc | 2023-12-31 | 146.2 K | |
Ancora Advisors Llc | 2023-12-31 | 145.5 K | |
Geode Capital Management, Llc | 2023-12-31 | 84.7 K | |
U.s. Bancorp | 2023-12-31 | 73.4 K | |
Northern Trust Corp | 2023-12-31 | 47 K | |
Essex Investment Management Company, Llc | 2023-12-31 | 44.3 K | |
State Street Corporation | 2023-12-31 | 41.2 K | |
Wolverine Trading Llc | 2023-12-31 | 36.5 K | |
Thrivent Financial For Lutherans | 2023-12-31 | 28.9 K | |
22nw, Lp | 2023-12-31 | 1.2 M | |
Gate City Capital Management, Llc | 2023-12-31 | 1 M |
Culp Historical Income Statement
Culp Inc Income Statement is one of the three primary financial statements used for reporting Culp's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Culp Inc revenue and expense. Culp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Culp's Depreciation And Amortization is relatively stable compared to the past year. As of 04/24/2024, Total Revenue is likely to grow to about 319.1 M, while Gross Profit is likely to drop slightly above 9.3 M. View More FundamentalsCulp Stock Against Markets
Picking the right benchmark for Culp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Culp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Culp is critical whether you are bullish or bearish towards Culp Inc at a given time. Please also check how Culp's historical prices are related to one of the top price index indicators.
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Culp Corporate Directors
Culp corporate directors refer to members of a Culp board of directors. The board of directors generally takes responsibility for the Culp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Culp's board members must vote for the resolution. The Culp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Fred Jackson | Independent Director | Profile | |
Patrick Flavin | Independent Director | Profile | |
Kenneth Larson | Independent Director | Profile | |
Perry Davis | Independent Director | Profile |
How to buy Culp Stock?
Before investing in Culp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Culp. To buy Culp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Culp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Culp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Culp Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Culp Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Culp Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Culp Stock please use our How to Invest in Culp guide.
Already Invested in Culp Inc?
The danger of trading Culp Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Culp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Culp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Culp Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Culp Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Culp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Culp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Culp Inc Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Culp Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Culp's price analysis, check to measure Culp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Culp is operating at the current time. Most of Culp's value examination focuses on studying past and present price action to predict the probability of Culp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Culp's price. Additionally, you may evaluate how the addition of Culp to your portfolios can decrease your overall portfolio volatility.
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Is Culp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Culp. If investors know Culp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Culp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.63) | Earnings Share (1.10) | Revenue Per Share 19.142 | Quarterly Revenue Growth 0.15 | Return On Assets (0.05) |
The market value of Culp Inc is measured differently than its book value, which is the value of Culp that is recorded on the company's balance sheet. Investors also form their own opinion of Culp's value that differs from its market value or its book value, called intrinsic value, which is Culp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Culp's market value can be influenced by many factors that don't directly affect Culp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Culp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Culp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Culp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.