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

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

Purple Innovation is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for Purple Innovation.

6 analysts have issued 1-year price objectives for Purple Innovation's stock. Their forecasts range from $10.00 to $19.00. On average, they expect Purple Innovation's share price to reach $13.17 in the next year. This suggests that the stock has a possible downside of 5.5%. View Analyst Price Targets for Purple Innovation.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Purple Innovation in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Purple Innovation.

News stories about PRPL stock have trended extremely negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 news sentiment score of -5.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Purple Innovation.

Purple Innovation saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 674,100 shares, an increase of 28.9% from the December 31st total of 522,800 shares. Based on an average trading volume of 263,400 shares, the days-to-cover ratio is currently 2.6 days. Currently, 7.0% of the shares of the company are sold short. View Purple Innovation's Current Options Chain.

Some companies that are related to Purple Innovation include Kimball International (KBAL), Hooker Furniture (HOFT), Flexsteel Industries (FLXS), Natuzzi, S.p.A (NTZ), Nova Lifestyle (NVFY) and Luvu Brands (LUVU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Purple Innovation investors own include QUALCOMM (QCOM), Tesla (TSLA), Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), Alibaba Group (BABA), Home Depot (HD), Honeywell International (HON), Johnson & Johnson (JNJ) and AT&T (T).

Purple Innovation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Coliseum Capital Management LLC (40.09%), J. Goldman & Co LP (3.63%), Dynamo Internacional Gestao DE Recursos LTDA. (1.17%), Manatuck Hill Partners LLC (0.97%), Renaissance Technologies LLC (0.91%) and Sei Investments Co. (0.68%). Company insiders that own Purple Innovation stock include Coliseum Capital Management, L, Innohold, Llc, John A Legg, John W Gann Jr, Joseph B Megibow, Mvm Funds Llc and Tony Marion Pearce. View Institutional Ownership Trends for Purple Innovation.

PRPL stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp. Company insiders that have sold Purple Innovation company stock in the last year include Innohold, Llc, John W Gann Jr and Tony Marion Pearce. View Insider Buying and Selling for Purple Innovation.

PRPL stock was acquired by a variety of institutional investors in the last quarter, including Coliseum Capital Management LLC, J. Goldman & Co LP, Dynamo Internacional Gestao DE Recursos LTDA., Manatuck Hill Partners LLC, Sei Investments Co., Monarch Partners Asset Management LLC, Renaissance Technologies LLC and Quantitative Systematic Strategies LLC. 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.

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.

One share of PRPL stock can currently be purchased for approximately $13.93.

Purple Innovation has a market capitalization of $285.84 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.

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

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]