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Culp (CULP) earnings: expect -10% revenue decline

Carla Olson | 5:14 pm ET, 09 Jun 2019

Culp (CULP) is announcing earnings on June 12. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $70M, which implies a -10% growth rate year-over-year.

Earnings per share are expected to come in at $0.10. If this materializes, EPS will decline -73% year-over-year.

How did the stock do last month?

Over the last month, Culp (CULP) returned -16.03%.

How is the stock valued?

Culp (CULP) forward P/E ratio is 17.06, and it’s low compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

Culp (CULP) average analyst price target is 31.05% above its current price ($17.55).

For the latest price and information on Culp, please visit Finstead and ask for "CULP", "CULP analysis" or "CULP news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for AskFinny Bites, please send us an email at hi@askfinny.com.


Culp, Inc. (CULP) Buy or Sell Stock Guide

Updated at: 3:22 pm ET, 12 Aug 2019

Are you looking for the analysis of Culp, Inc. (CULP) stock? Are you wondering what the bulls and the bears say about it?

If so, you came to the right place. In this stock guide, we will share with you 4 reasons to buy and 4 reasons to sell CULP stock. You’ll get a perspective on what the bulls and the bears say about it.

The analysis below may be also helpful to you if you have any of the following questions about CULP stock:

  • Is CULP a buy or a sell?
  • Should I sell or hold CULP stock today?
  • Is CULP a good buy / investment?
  • What are CULP analyst opinions, recommendations and ratings?

Let’s start with the bull case. Here are the reasons to buy CULP stock:

1. CULP stock price ($15.76) is at the 52-week low. Perhaps now is a good time to buy? See CULP price chart.

2. CULP forward dividend yield is 2.14%, higher than the industry (0.50%) and sector (0.51%) forward dividend yields. See CULP forward dividend chart.

3. CULP average analyst rating is Buy. See CULP analyst rating chart.

4. CULP average analyst price target ($22.00) is above its current price ($15.76). See CULP price target chart.

Now that you understand the bull case, let’s look at the reasons to sell CULP stock (i.e., the bear case):

1. CULP quarterly revenue growth was -9.86%, lower than the industry and sector average revenue growth (4.46% and 4.12%, respectively). See CULP revenue growth chart.

2. CULP profitability is declining. The YoY profit margin change was -0.77percentage points. See CULP profitability chart.

3. CULP forward P/E ratio is 23.92, and it’s high compared to its industry peers’ P/E ratios. See CULP forward P/E ratio chart.

4. CULP short interest (days to cover the shorts) ratio is 3.5. The stock garners more short interest than the average industry, sector or S&P 500 stock. See CULP short interest ratio chart.

Now let's look at the key statistics for CULP:

Metrics CULP
Price $17.20
Average Price Target / Upside $21.00 / 22.13%
Average Analyst Rating Buy
Industry Textile Manufacturing
Sector Consumer Cyclical
Number of Employees 1,392
Market Cap $202.33M
Forward P/E Ratio 16.47
Price/Book Ratio 0.67
PEG 2.41
Revenue (TTM) $300.04M
YoY Quarterly Revenue Growth 4.7%
Profit Margin 2.02%

What are your thoughts on CULP?

If you liked this analysis, check out Buy or Sell Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for AskFinny Bites, please send us an email at hi@askfinny.com.


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