Purple Innovation Inc (PRPL)
NASDAQ:PRPL
$27.58
$0.29(1.06%)
PRPLPurple Innovation
$27.58
$0.29 (1.06%)

Purple Innovation Stock Analysis & Ratings

Purple Innovation Stock Analysis Overview

Smart Score
2
Underperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The Purple Innovation stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, Data-Driven rating system and does not include human intervention.

Stock Chart

PRPL
$27.58
$0.29 (1.06%)

PRPL Stock Stats

Previous Close$27.29
Open$27.42
Bid0 x 0
Ask0 x 0
Today’s Range$27.21 - $28
52-Week Range$16.70 - $41.08
Volume1.20M
Average Volume1.24M
Market Cap$1.84B
Beta1.29
P/E Ratio-682.3
EPS-0.04
Earnings DateAug 18, 2021

Company Description

Purple Innovation Inc

Purple Innovation, Inc. engages in the design and manufacture of mattresses, cushions, pillows, and other comfort products. The firm uses Hyper-Elastic Polymer technology. Its products include mattresses, new purple mattress, original purple mattress, bed pillows, seat cushions, mattress protector, and bamboo sheets. The company was founded by Terry V. Pearce and Tony M. Pearce in 2010 and is headquartered in Alpine, Utah.
Sector
General
Industry
Furnishings, Fixtures & Appliances
CEO
Joseph B. Megibow
Employees
1,600
Address
4100 North Chapel Ridge Road, Lehi, UT, 84043, US

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

PRPL FAQ

What was Purple Innovation’s price range in the past 12 months?
Purple Innovation lowest stock price was $16.70 and its highest was $41.08 in the past 12 months.
What is Purple Innovation’s market cap?
Purple Innovation’s market cap is $1.84B.
What is Purple Innovation’s price target?
The average price target for Purple Innovation is $39.29. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $45.00 ,the lowest forecast is $35.00. The average price target represents 42.46% Increase from the current price of $27.58.
What do analysts say about Purple Innovation?
Purple Innovation’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.
When is Purple Innovation’s upcoming earnings report date?
Purple Innovation’s upcoming earnings report date is Aug 18, 2021 which is next month.
How were Purple Innovation’s earnings last quarter?
Purple Innovation released its earnings results on May 17, 2021. The company reported $0.171 earnings per share for the quarter, beating the consensus estimate of $0.121 by $0.05.
Is Purple Innovation overvalued?
According to Wall Street analysts Purple Innovation’s price is currently Undervalued.
Does Purple Innovation pay dividends?
Purple Innovation does not currently pay dividends.
What is Purple Innovation’s EPS estimate?
Purple Innovation’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Purple Innovation have?
Purple Innovation has 66,750,000 shares outstanding.
What happened to Purple Innovation’s price movement after its last earnings report?
Purple Innovation reported an EPS of $0.171 in its last earnings report, beating expectations of $0.121. Following the earnings report the stock price went up 3.526%.
Which hedge fund is a major shareholder of Purple Innovation?
Among the largest hedge funds holding Purple Innovation’s share is Bloom Tree Partners, LLC. It holds Purple Innovation’s shares valued at 39M.

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