Sidoti Csr Analysts Reduce Earnings Estimates for Culp, Inc. (NYSE:CULP)

Culp, Inc. (NYSE:CULP) – Sidoti Csr dropped their Q2 2025 earnings estimates for Culp in a research note issued to investors on Wednesday, April 17th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the textile maker will post earnings of $0.00 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Culp’s current full-year earnings is ($1.04) per share. Sidoti Csr also issued estimates for Culp’s Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.06 EPS and Q3 2026 earnings at $0.18 EPS.

Culp (NYSE:CULP) last issued its quarterly earnings results on Wednesday, March 6th. The textile maker reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.10). The firm had revenue of $60.42 million for the quarter, compared to analysts’ expectations of $58.98 million. Culp had a negative return on equity of 15.58% and a negative net margin of 5.75%.

Separately, StockNews.com started coverage on shares of Culp in a report on Saturday. They issued a “hold” rating for the company.

Culp Price Performance

Shares of NYSE CULP opened at $4.52 on Thursday. The company has a market cap of $56.36 million, a PE ratio of -4.11 and a beta of 1.29. Culp has a 12 month low of $4.20 and a 12 month high of $5.99. The company has a 50-day simple moving average of $4.73 and a 200-day simple moving average of $5.17.

Institutional Investors Weigh In On Culp

Several institutional investors have recently bought and sold shares of CULP. Bragg Financial Advisors Inc purchased a new position in shares of Culp in the fourth quarter valued at $46,000. HighTower Advisors LLC bought a new position in shares of Culp in the 4th quarter worth about $48,000. Assenagon Asset Management S.A. bought a new position in shares of Culp in the 3rd quarter worth about $68,000. Virtu Financial LLC bought a new position in shares of Culp in the 4th quarter worth about $80,000. Finally, Engineers Gate Manager LP bought a new position in shares of Culp in the 1st quarter worth about $112,000. 75.05% of the stock is currently owned by hedge funds and other institutional investors.

About Culp

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. It operates in two segments, Mattress Fabrics and Upholstery Fabrics.