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
SectorUnclassified
Phone801-756-2600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$285.79 million
Profitability
Miscellaneous
Employees620
Next Earnings Date8/8/2019 (Estimated)
OptionableNot Optionable
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 quarterly earnings results on Tuesday, May, 7th. The company reported $0.41 EPS for the quarter, topping analysts' consensus estimates of ($0.81) by $1.22. The business had revenue of $83.65 million for the quarter, compared to analyst estimates of $71.20 million. Purple Innovation had a negative net margin of 0.87% and a positive return on equity of 44.68%. View Purple Innovation's Earnings History.
When is Purple Innovation's next earnings date?
What price target have analysts set for PRPL?
1 brokers have issued twelve-month target prices for Purple Innovation's shares. Their predictions range from $6.50 to $6.50. On average, they anticipate Purple Innovation's share price to reach $6.50 in the next year. This suggests that the stock has a possible downside of 4.7%. 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 coverage about PRPL stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing 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 media sentiment score of 2.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.
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 Royce & Associates LP (0.51%), BlackRock Inc. (0.41%) and Ancient Art L.P. (0.20%). Company insiders that own Purple Innovation stock include Coliseum Capital Management, L, Joseph B Megibow and Mvm Funds Llc. View Institutional Ownership Trends for Purple Innovation.
Which institutional investors are selling Purple Innovation stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Purple Innovation's stock price today?
One share of PRPL stock can currently be purchased for approximately $6.82.
How big of a company is Purple Innovation?
Purple Innovation has a market capitalization of $366.92 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.
What is Purple Innovation's official website?
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.
MarketBeat Community Rating for Purple Innovation (NASDAQ PRPL)
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.
