Culp (CULP) Expected to Release Quarterly Earnings on Wednesday

Culp (NYSE:CULP) is anticipated to issue its Q1 2027 results after the market closes on Wednesday, September 9th. Analysts expect Culp to announce earnings of $0.44 per share and revenue of $53.20 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Thursday, September 10, 2026 at 9:00 AM ET.

Culp Price Performance

Culp stock opened at $3.43 on Tuesday. Culp has a 12-month low of $2.70 and a 12-month high of $4.80. The stock has a market cap of $43.63 million, a P/E ratio of -3.99 and a beta of 1.19. The company has a 50-day moving average price of $3.44 and a 200 day moving average price of $3.22. The company has a current ratio of 1.76, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.

Institutional Trading of Culp

Hedge funds and other institutional investors have recently modified their holdings of the business. Ameriprise Financial Inc. boosted its stake in Culp by 10.0% during the second quarter. Ameriprise Financial Inc. now owns 694,888 shares of the textile maker’s stock worth $2,731,000 after buying an additional 62,932 shares during the period. Vanguard Group Inc. increased its holdings in Culp by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 507,062 shares of the textile maker’s stock valued at $2,261,000 after purchasing an additional 5,019 shares during the last quarter. Moors & Cabot Inc. increased its holdings in Culp by 3.9% in the 3rd quarter. Moors & Cabot Inc. now owns 201,191 shares of the textile maker’s stock valued at $897,000 after purchasing an additional 7,620 shares during the last quarter. Susquehanna International Group LLP raised its position in Culp by 16.5% in the third quarter. Susquehanna International Group LLP now owns 40,652 shares of the textile maker’s stock valued at $181,000 after purchasing an additional 5,762 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new position in Culp during the third quarter worth $6,642,000. 75.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Culp from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About Culp

Culp, Inc, headquartered in High Point, North Carolina, is a leading producer of specialty fabrics for the home furnishings industry. Founded in 1972 by Bill Culp, the company has grown into a publicly traded enterprise that supplies upholstery and mattress fabrics to manufacturers and retailers across North America and abroad. Culp’s fabric offerings are designed to meet the aesthetic and performance requirements of residential furniture, contract seating, and hospitality applications.

The company operates through two primary segments.