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Culp, Inc. Message Board

  • culpfan21 culpfan21 Feb 13, 2013 10:21 AM Flag

    Upcoming Earnings

    Look for double digit growth in sales and EPS.
    Looks like they bought back 300K shares from Chairman so the shares outstanding will come down. That is a positive.
    Look for cash flow to be positive and an increase in the dividend - maybe doubling it - they have plenty of cash and can return more to shareholders.
    The stock has moved up nicely but I think there is plenty of more room to go.
    Look for $20 - $22 per share by midyear.

    Sentiment: Strong Buy

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