NASDAQ:PRPL - Purple Innovation Stock Price, News & Analysis

$8.06
-0.02 (-0.25 %)
(As of 09/18/2019 04:00 PM ET)
Today's Range
$7.71
Now: $8.0650
$8.31
50-Day Range
$6.21
MA: $7.72
$9.46
52-Week Range
$4.20
Now: $8.0650
$11.04
Volume39,560 shs
Average Volume23,846 shs
Market Capitalization$434.70 million
P/E RatioN/A
Dividend YieldN/A
Beta-0.42
Purple Innovation, Inc designs and manufactures mattresses, pillows, and cushions. It also offers sheets, mattress protectors, platform bases, and foundations. The company markets and sells its products through direct-to-consumer online channels, traditional wholesale partners, and third-party online retailers. Purple Innovation, Inc was founded in 2010 and is headquartered in Alpine, Utah.

Industry, Sector and Symbol

Industry Household furniture
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNASDAQ:PRPL
CUSIPN/A
Phone801-756-2600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$285.79 million
Book Value($0.04) per share

Profitability

Net Income$-4,320,000.00

Miscellaneous

Employees620
Market Cap$434.70 million
Next Earnings Date11/13/2019 (Estimated)
OptionableNot Optionable

Receive PRPL News and Ratings via Email

Sign-up to receive the latest news and ratings for PRPL and its competitors with MarketBeat's FREE daily newsletter.


Purple Innovation (NASDAQ:PRPL) Frequently Asked Questions

What is Purple Innovation's stock symbol?

Purple Innovation trades on the NASDAQ under the ticker symbol "PRPL."

How were Purple Innovation's earnings last quarter?

Purple Innovation Inc (NASDAQ:PRPL) released its earnings results on Tuesday, August, 13th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.27) by $0.45. The company had revenue of $103 million for the quarter, compared to analyst estimates of $94.90 million. Purple Innovation had a negative net margin of 0.96% and a negative return on equity of 275.80%. View Purple Innovation's Earnings History.

When is Purple Innovation's next earnings date?

Purple Innovation is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for Purple Innovation.

What guidance has Purple Innovation issued on next quarter's earnings?

Purple Innovation updated its FY 2019 earnings guidance on Tuesday, August, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $400-425 million, compared to the consensus revenue estimate of $374.2 million.

What price target have analysts set for PRPL?

1 brokers have issued 1 year price objectives for Purple Innovation's shares. Their forecasts range from $6.50 to $6.50. On average, they anticipate Purple Innovation's stock price to reach $6.50 in the next year. This suggests that the stock has a possible downside of 19.4%. View Analyst Price Targets for Purple Innovation.

What is the consensus analysts' recommendation for Purple Innovation?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Purple Innovation in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Purple Innovation.

Has Purple Innovation been receiving favorable news coverage?

News stories about PRPL stock have been trending negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Purple Innovation earned a news impact score of -2.9 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Purple Innovation.

Who are some of Purple Innovation's key competitors?

What other stocks do shareholders of Purple Innovation own?

Who are Purple Innovation's key executives?

Purple Innovation's management team includes the folowing people:
  • Mr. Terry V. Pearce, Co-founder, Chairman and Co-Director of R&D (Age 70)
  • Mr. Joseph B. Megibow, CEO & Director (Age 50)
  • Mr. Tony Marion Pearce, Co-founder, Co-Director of R&D and Director (Age 63)
  • Mr. Craig Lee Phillips, Interim Chief Financial Officer (Age 53)
  • Mr. John A. Legg, Chief Operating Officer (Age 57)

Who are Purple Innovation's major shareholders?

Purple Innovation's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.40%), Commonwealth Equity Services LLC (0.16%), Vanguard Group Inc. (0.10%), Cpwm LLC (0.09%), Wells Fargo & Company MN (0.02%) and Tower Research Capital LLC TRC (0.01%). Company insiders that own Purple Innovation stock include Coliseum Capital Management, L, John A Legg, Joseph B Megibow and Mvm Funds Llc. View Institutional Ownership Trends for Purple Innovation.

Which institutional investors are selling Purple Innovation stock?

PRPL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc. and Tower Research Capital LLC TRC . View Insider Buying and Selling for Purple Innovation.

Which institutional investors are buying Purple Innovation stock?

PRPL stock was purchased by a variety of institutional investors in the last quarter, including Commonwealth Equity Services LLC, Cpwm LLC, Wells Fargo & Company MN and Vanguard Group Inc.. Company insiders that have bought Purple Innovation stock in the last two years include Coliseum Capital Management, L, John A Legg, Joseph B Megibow and Mvm Funds Llc. View Insider Buying and Selling for Purple Innovation.

How do I buy shares of Purple Innovation?

Shares of PRPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Purple Innovation's stock price today?

One share of PRPL stock can currently be purchased for approximately $8.0650.

How big of a company is Purple Innovation?

Purple Innovation has a market capitalization of $434.70 million and generates $285.79 million in revenue each year. The company earns $-4,320,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis. Purple Innovation employs 620 workers across the globe.View Additional Information About Purple Innovation.

What is Purple Innovation's official website?

The official website for Purple Innovation is http://www.purple.com/.

How can I contact Purple Innovation?

Purple Innovation's mailing address is 123 E. 200 N., ALPINE UT, 84004. The company can be reached via phone at 801-756-2600 or via email at [email protected]


MarketBeat Community Rating for Purple Innovation (NASDAQ PRPL)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  161 (Thanks for Voting!)
Underperform Votes:  160 (Thanks for Voting!)
Total Votes:  321
MarketBeat's community ratings are surveys of what our community members think about Purple Innovation and other stocks. Vote "Outperform" if you believe PRPL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRPL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/18/2019 by MarketBeat.com Staff

Featured Article: What is a management fee?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel