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
Phone801-756-2600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$285.79 million
Profitability
Miscellaneous
Employees620
Next Earnings Date11/13/2019 (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 data on Tuesday, August, 13th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of ($0.27) by $0.45. The business 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?
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 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 target prices for Purple Innovation's shares. Their predictions range from $6.50 to $6.50. On average, they expect Purple Innovation's stock price to reach $6.50 in the next year. This suggests that the stock has a possible downside of 11.2%. 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?
Headlines about PRPL stock have been trending positive recently, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. 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 daily sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Purple Innovation.
Are investors shorting Purple Innovation?
Purple Innovation saw a drop in short interest in July. As of July 15th, there was short interest totalling 158,100 shares, a drop of 11.3% from the June 15th total of 178,300 shares. Based on an average trading volume of 14,000 shares, the short-interest ratio is currently 11.3 days. Currently, 1.8% of the company's stock are short sold. View Purple Innovation's Current Options Chain.
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 shareholders 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?
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, Scottrade, Fidelity and Charles Schwab.
What is Purple Innovation's stock price today?
One share of PRPL stock can currently be purchased for approximately $7.32.
How big of a company is Purple Innovation?
Purple Innovation has a market capitalization of $393.82 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?
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)
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.
