Culp, Inc. (CULP) Analysts See $0.43 EPS; Morningstar (MORN)’s Sentiment Is 1.58

May 25, 2018 - By Marie Mckinney

Morningstar, Inc. (NASDAQ:MORN) Logo

Morningstar Inc (MORN) investors sentiment increased to 1.58 in Q4 2017. It’s up 0.45, from 1.13 in 2017Q3. The ratio has improved, as 82 funds increased or started new equity positions, while 52 cut down and sold their holdings in Morningstar Inc. The funds in our database now have: 16.83 million shares, up from 16.22 million shares in 2017Q3. Also, the number of funds holding Morningstar Inc in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 44 Increased: 48 New Position: 34.

Analysts expect Culp, Inc. (NYSE:CULP) to report $0.43 EPS on June, 12.They anticipate $0.06 EPS change or 12.24% from last quarter’s $0.49 EPS. CULP’s profit would be $5.35M giving it 18.20 P/E if the $0.43 EPS is correct. After having $0.42 EPS previously, Culp, Inc.’s analysts see 2.38% EPS growth. It closed at $31.3 lastly. It is down 0.82% since May 25, 2017 and is downtrending. It has underperformed by 12.37% the S&P500.

Culp, Inc. manufacturers, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in North America, the Far East, Asia, and internationally. The company has market cap of $389.69 million. It operates through two divisions, Mattress Fabrics and Upholstery Fabrics. It has a 27.5 P/E ratio. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and bed components.

Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. The company has market cap of $5.01 billion. The firm offers a line of data, software, research, and investment management offerings for financial advisors, asset managers, retirement plan providers and sponsors, and individual investors. It has a 37.08 P/E ratio. It offers Morningstar Data, an investment data spanning various investment databases, including pricing and commodity data; Morningstar Advisor Workstation, a Web investment planning system; Morningstar Direct, an institutional investment research platform; and Morningstar.com, a Website for individual investors.

Golden Gate Private Equity Inc. holds 5.57% of its portfolio in Morningstar, Inc. for 68,300 shares. Atlanta Capital Management Co L L C owns 3.13 million shares or 1.59% of their US portfolio. Moreover, Palo Capital Inc. has 1.47% invested in the company for 33,938 shares. The New York-based American Capital Management Inc has invested 1.21% in the stock. Copeland Capital Management Llc, a Pennsylvania-based fund reported 159,314 shares.

The stock increased 1.08% or $1.26 during the last trading session, reaching $117.9. About 99,382 shares traded or 67.64% up from the average. Morningstar, Inc. (MORN) has risen 23.43% since May 25, 2017 and is uptrending. It has outperformed by 11.88% the S&P500.

More notable recent Morningstar, Inc. (NASDAQ:MORN) news were published by: Benzinga.com which released: “With Its All-In-One Portfolio Tracker, Fintech Awards Finalist Sharesight Has Its Sights Set On Benzinga Gold” on May 02, 2018, also Globenewswire.com with their article: “Recent Analysis Shows Morningstar, Tactile Systems Technology, Allete, Tetraphase Pharmaceuticals, Magellan …” published on April 30, 2018, Prnewswire.com published: “New Morningstar Competitive Intelligence Tool–Investor Pulse–Allows Asset Managers to Better Assess the Flows …” on May 22, 2018. More interesting news about Morningstar, Inc. (NASDAQ:MORN) were released by: Prnewswire.com and their article: “Morningstar, Inc. Declares Quarterly Dividend of 25 Cents Per Share” published on May 18, 2018 as well as Prnewswire.com‘s news article titled: “Morningstar’s Annual Global Asset Flows Report Finds Rising Markets Spurred Record Demand for Funds in 2017” with publication date: May 21, 2018.

Since January 1, 0001, it had 0 buys, and 9 insider sales for $15.82 million activity.

Morningstar, Inc. (NASDAQ:MORN) Institutional Positions Chart

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By1 Marie Mckinney

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