Culp Inc. (NYSE: CULP) has reported E.P.S. of $-0.45 for its second fiscal quarter (ending October 31) versus $-0.19 for the same period a year ago. E.P.S. were $-1.68 for the latest four quarters through October 31 versus $-1.58 for the same period a year ago.
Recent Price Action
Culp Inc. (NYSE: CULP) stock enjoyed a large increase of 3.0% on 12/4/24. The stock closed at $5.19. Moreover, exceptionally high trading volume at 230% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
Culp has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Culp has a slightly negative Appreciation Score of 40 but a good Power Rating of 73, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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