How to Buy Culp Stock
Culp Inc
Culp is a textile company located in North Carolina, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker CULP on the NYSE exchange.
Culp stock last closed at $4.56, down 1.08% from the previous day, and has decreased 16.94% in one year. It has underperformed other stocks in the Textile Manufacturing industry by 0.03 percentage points. Culp stock is currently +8.57% from its 52-week low of $4.20, and -23.91% from its 52-week high of $5.99.
At the moment, there are 12.47M CULP shares outstanding. The market capitalization of CULP is $56.86M. In the last 24 hours, 10,959 CULP shares were traded.
How to Buy Culp Stock
Wondering how to invest in Culp stock? Here's how.
- Choose where to buy Culp stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Culp stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Evaluate Culp stock: The Culp ticker symbol is CULP. Is Culp stock a good investment? Should you buy shares of CULP? How do CULP's underlying business fundamentals look? Do top analysts think Culp is a good buy? Why has CULP's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if CULP is a good stock to buy).
- Execute your CULP purchase: Decide if you will purchase CULP shares at the current market price or use a limit order to buy CULP stock at a given price.
- Get key alerts regarding your investment in CULP: Create a watchlist to monitor your investment in Culp shares.
Step 1: Choose where to buy Culp stock
You will need a brokerage account to access the NYSE market and buy CULP shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world financial markets: From Tech to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you are able to invest in CULP today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on the best stock app for beginners, you can securely and quickly fund your account:
Watch the walkthrough below for more details transferring money into your investment account.
Step 4: Evaluate Culp stock
Once you have decided on the best place to buy Culp stock, it's absolutely critical to research their stock before you buy, so you actually understand the risk and opportunity.
Culp Numbers
Culp Zen Score
WallStreetZen was created to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on CULP's stock page.
Is CULP stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CULP's fair value.
Using relative valuations measures:
- CULP could be undervalued based on its P/B ratio of 0.7x, relative to Textile Manufacturing industry P/B ratio of 1.94x
You can access more valuation research on CULP's stock here.
A look at CULP Cashflows and Balance Sheet
Pros:
- CULP has $13.52M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.14M.
- CULP has cash burn of 6138000. It has sufficient cash and short-term investments to cover this for at least one year.
- CULP profit margin has gone up from -14.3% to -5.7% in the past year.
- There are more short-term assets than short-term liabilities on the CULP balance sheet.
- There are more short-term assets than long-term liabilities on the CULP balance sheet.
Cons:
- Total CULP debt is higher than 5 years ago, relative to shareholder equity.
- CULP has a relatively high debt to equity ratio of 0.76.
You can dive deeper into what analysts are projecting on the Culp stock forecast page.
CULP Momentum
How are CULP Revenues/Earnings doing?
Last year, CULP revenue was $237.23M. Over the past 5 year, CULP's revenue has gone up by -4.83% per year. This was slower than the Textile Manufacturing industry average of 3.02%.
Find out more about CULP's earnings and revenue performance here.
Latest Insiders Trades at CULP
In the last year, executives and large shareholders at CULP have bought more shares than they have sold.
Jonathan Lee Kelly, Director of CULP, was the latest CULP insider to buy. They bought $11,664.50 worth of CULP shares on Dec 28, 2023.
Research more about who owns CULP stock here.
Can I get consistent income from CULP stock?
No, Culp doesn't provide an income stream by paying out dividends.
CULP Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your CULP purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you need more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in CULP
Now that you own some shares in CULP, you'll want to keep up with your new stock purchase.
Add CULP to a watchlist to keep track of your CULP stock.
CULP Feed
How to Buy Stock in Culp
To reiterate, here are the 6 steps you need to take to buy Culp stock right now:
- Choose where to buy Culp stock
- Create your brokerage account
- Deposit money your brokerage account
- Evaluate Culp stock
- Execute your CULP purchase
- Get key alerts regarding your investment in CULP
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Culp, create a watchlist on WallStreetZen today.
Other Stock Buying Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.