Culp, Inc. is a marketer of mattress fabric for bedding and upholstery fabrics for residential, commercial, and hospitality furniture in North America. Co. markets a variety of fabrics to its global customer base of bedding and furniture companies, including fabrics produced at the Co.'s manufacturing facilities and fabrics sourced through other supplies. Its segments include mattress fabrics and upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and sewn mattress covers for bedding manufacturers. These products include woven jacquard fabrics, knitted fabrics, and some converted fabrics. We show 51 historical shares outstanding datapoints in our CULP shares outstanding history coverage, used to compute CULP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CULP market cap history over the course of time is important for investors
interested in comparing CULP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CULP versus a peer is one thing; comparing
CULP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CULP can fluctuate over the course of history.
With this page we aim to empower investors researching CULP by allowing them to research the CULP market cap history. |
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Video: The Importance of Market Cap
