Culp (NYSE:CULP) Upgraded to Strong-Buy at Zacks Research

Posted by George Bondi on Jul 15th, 2026

Culp (NYSE:CULP – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Culp Price Performance

NYSE CULP opened at $3.79 on Monday. Culp has a 1 year low of $2.70 and a 1 year high of $4.80. The company has a fifty day simple moving average of $3.20 and a 200 day simple moving average of $3.25. The company has a current ratio of 1.76, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The company has a market cap of $47.99 million, a P/E ratio of -4.41 and a beta of 1.19.

Hedge Funds Weigh In On Culp

Large investors have recently bought and sold shares of the stock. CIBC Bancorp USA Inc. acquired a new position in shares of Culp during the third quarter valued at about $6,642,000. Ameriprise Financial Inc. raised its stake in shares of Culp by 23.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 859,145 shares of the textile maker’s stock valued at $3,832,000 after buying an additional 164,257 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of 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 buying an additional 5,019 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in shares of Culp by 3.9% during the 3rd quarter. Moors & Cabot Inc. now owns 201,191 shares of the textile maker’s stock worth $897,000 after acquiring an additional 7,620 shares during the period. Finally, Grace & White Inc. NY lifted its holdings in shares of Culp by 24.7% during the 1st quarter. Grace & White Inc. NY now owns 150,763 shares of the textile maker’s stock worth $413,000 after acquiring an additional 29,845 shares during the period. 75.05% of the stock is currently owned by institutional investors and hedge funds.

Culp Company Profile

(Get Free Report)

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.