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Purple Innovation (PRPL) Competitors

$1.18
-0.10 (-7.81%)
(As of 05/28/2024 ET)

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).

Purple Innovation vs.

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Borealis Foods
0 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Purple Innovation
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

Company Net Margins Return on Equity Return on Assets
Borealis FoodsN/A -47.00% -15.15%
Purple Innovation -26.97%-62.31%-19.50%

Borealis Foods has higher earnings, but lower revenue than Purple Innovation.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Borealis FoodsN/AN/A-$2.94MN/AN/A
Purple Innovation$510.54M0.25-$120.76M-$1.34-0.88

Purple Innovation received 298 more outperform votes than Borealis Foods when rated by MarketBeat users.

CompanyUnderperformOutperform
Borealis FoodsN/AN/A
Purple InnovationOutperform Votes
298
67.73%
Underperform Votes
142
32.27%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Borealis Foods
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Purple Innovation
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

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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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This 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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PRPL vs. The Competition

MetricPurple InnovationHousehold furniture IndustryStaples SectorNASDAQ Exchange
Market Cap$127.06M$1.28B$14.89B$8.09B
Dividend YieldN/A5.37%2.77%3.96%
P/E Ratio-0.8824.8921.0118.43
Price / Sales0.250.505.1672.31
Price / CashN/A8.5319.5928.77
Price / Book1.084.366.014.39
Net Income-$120.76M$44.81M$585.41M$213.55M
7 Day Performance-16.61%-6.57%-0.85%-0.80%
1 Month Performance-22.11%-11.91%3.41%3.42%
1 Year Performance-66.29%-4.04%-4.33%7.53%

Purple Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BRLS
Borealis Foods
0 of 5 stars
$7.11
+77.8%
N/AN/A$152.01MN/A-33.86N/AGap Down
High Trading Volume
HFFG
HF Foods Group
0 of 5 stars
$3.17
+3.6%
N/A-9.3%$166.77M$1.15B63.401,049News Coverage
FLXS
Flexsteel Industries
4.0216 of 5 stars
$35.70
+6.4%
N/A+84.2%$184.21M$393.69M12.101,700Short Interest ↓
HOFT
Hooker Furnishings
4.2053 of 5 stars
$17.48
-1.7%
N/A+3.6%$186.86M$433.23M19.211,203
CDZI
Cadiz
0.7333 of 5 stars
$3.05
-1.9%
N/A-38.3%$206.76M$1.99M-6.2218
FREE
Whole Earth Brands
0 of 5 stars
$4.82
-0.2%
N/A+68.5%$208.22M$550.91M-7.42590
ALCO
Alico
1.8007 of 5 stars
$27.39
+1.4%
N/A+11.2%$208.71M$39.85M5.22194
TUP
Tupperware Brands
0.9753 of 5 stars
$2.06
+3.0%
N/A+94.3%$95.85M$1.31B0.006,600High Trading Volume
BRID
Bridgford Foods
1.5909 of 5 stars
$10.37
-1.0%
N/A-19.5%$94.19M$251.64M24.13671Upcoming Earnings
News Coverage
PLIN
China Xiangtai Food
0 of 5 stars
$3.80
+13.1%
N/A+5,331.5%$222.27M$80.50M0.00154Gap Up
High Trading Volume

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This page (NASDAQ:PRPL) was last updated on 5/29/2024 by MarketBeat.com Staff

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