Analysts Expect Culp, Inc. (CULP) to Post $0.33 EPS
Shares of Culp, Inc. (NASDAQ:CULP) have received a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Brokerages have set a 1-year consensus price objective of $35.00 for the company and are forecasting that the company will post $0.33 EPS for the current quarter, according to Zacks. Zacks has also assigned Culp an industry rank of 195 out of 265 based on the ratings given to its competitors.
Shares of Culp (NASDAQ:CULP) traded down $0.60 during trading on Tuesday, reaching $28.15. The company had a trading volume of 11,100 shares, compared to its average volume of 29,546. The company has a market capitalization of $350.22, a P/E ratio of 15.71 and a beta of 0.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.44 and a quick ratio of 1.11. Culp has a 1-year low of $27.00 and a 1-year high of $37.80.
Culp, Inc is a producer of mattress fabrics and marketer of upholstery fabrics for furniture in North America. The Company is engaged in the manufacture, sourcing and marketing of mattress fabrics and sewn covers used for covering mattresses and box springs, and upholstery fabrics, including cut and sewn kits used in production of upholstered furniture.
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