Culp (CFI) Scheduled to Post Earnings on Friday
Culp (NYSE:CFI) is scheduled to be posting its quarterly earnings results on Friday, June 13th. Parties that wish to listen to the company’s conference call can do so using this link.
Shares of Culp (NYSE:CFI) opened at 17.90 on Thursday. Culp has a one year low of $16.37 and a one year high of $21.10. The stock has a 50-day moving average of $18.03 and a 200-day moving average of $19.35. The company has a market cap of $219.3 million and a price-to-earnings ratio of 12.15.
A number of analysts have recently weighed in on CFI shares. Analysts at Zacks downgraded shares of Culp from a “neutral” rating to an “underperform” rating in a research note on Monday, May 19th. They now have a $16.60 price target on the stock. Analysts at Raymond James reiterated a “strong-buy” rating on shares of Culp in a research note on Tuesday, May 13th. They now have a $22.00 price target on the stock, down previously from $23.50.
Culp, Inc manufactures, sources, and markets mattress fabrics used for covering mattresses, box springs, and foundations and upholstery fabrics primarily for use in production of upholstered furniture.
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