PRPL vs. BRLS, HFFG, FLXS, HOFT, CDZI, FREE, ALCO, TUP, BRID, and PLIN
Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include Borealis Foods (BRLS), HF Foods Group (HFFG), Flexsteel Industries (FLXS), Hooker Furnishings (HOFT), Cadiz (CDZI), Whole Earth Brands (FREE), Alico (ALCO), Tupperware Brands (TUP), Bridgford Foods (BRID), and China Xiangtai Food (PLIN).
Borealis Foods (NASDAQ:BRLS) and Purple Innovation (NASDAQ:PRPL) are both small-cap consumer staples companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, profitability, community ranking, institutional ownership, analyst recommendations, risk, media sentiment, earnings and dividends.
In the previous week, Borealis Foods had 6 more articles in the media than Purple Innovation. MarketBeat recorded 9 mentions for Borealis Foods and 3 mentions for Purple Innovation. Borealis Foods' average media sentiment score of 1.41 beat Purple Innovation's score of 0.41 indicating that Purple Innovation is being referred to more favorably in the news media.
Borealis Foods has a net margin of 0.00% compared to Borealis Foods' net margin of -26.97%. Purple Innovation's return on equity of -47.00% beat Borealis Foods' return on equity.
Borealis Foods has higher earnings, but lower revenue than Purple Innovation.
Purple Innovation received 298 more outperform votes than Borealis Foods when rated by MarketBeat users.
Purple Innovation has a consensus target price of $3.95, indicating a potential upside of 234.75%. Given Borealis Foods' higher possible upside, analysts plainly believe Purple Innovation is more favorable than Borealis Foods.
Borealis Foods has a beta of 0.02, suggesting that its share price is 98% less volatile than the S&P 500. Comparatively, Purple Innovation has a beta of 1.96, suggesting that its share price is 96% more volatile than the S&P 500.
34.7% of Borealis Foods shares are held by institutional investors. Comparatively, 88.4% of Purple Innovation shares are held by institutional investors. 65.7% of Borealis Foods shares are held by company insiders. Comparatively, 54.3% of Purple Innovation shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Summary
Purple Innovation beats Borealis Foods on 7 of the 13 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRPL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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