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Purple Innovation (PRPL) Competitors

Purple Innovation logo
$0.68 +0.01 (+2.24%)
As of 04/30/2025 04:00 PM Eastern

PRPL vs. HBB, COOK, BRLT, SNBR, VIOT, GPRO, RAY, NTZ, UG, and SHOT

Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include Hamilton Beach Brands (HBB), Traeger (COOK), Brilliant Earth Group (BRLT), Sleep Number (SNBR), Viomi Technology (VIOT), GoPro (GPRO), Raytech (RAY), Natuzzi (NTZ), United-Guardian (UG), and Safety Shot (SHOT). These companies are all part of the "consumer goods" industry.

Purple Innovation vs.

Hamilton Beach Brands (NYSE:HBB) and Purple Innovation (NASDAQ:PRPL) are both small-cap consumer discretionary companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, earnings, institutional ownership, profitability, community ranking, valuation, analyst recommendations, risk and dividends.

Purple Innovation received 133 more outperform votes than Hamilton Beach Brands when rated by MarketBeat users. Likewise, 67.27% of users gave Purple Innovation an outperform vote while only 52.88% of users gave Hamilton Beach Brands an outperform vote.

CompanyUnderperformOutperform
Hamilton Beach BrandsOutperform Votes
165
52.88%
Underperform Votes
147
47.12%
Purple InnovationOutperform Votes
298
67.27%
Underperform Votes
145
32.73%

50.5% of Hamilton Beach Brands shares are held by institutional investors. Comparatively, 88.4% of Purple Innovation shares are held by institutional investors. 34.7% of Hamilton Beach Brands shares are held by company insiders. Comparatively, 53.7% 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 company will outperform the market over the long term.

In the previous week, Hamilton Beach Brands had 1 more articles in the media than Purple Innovation. MarketBeat recorded 4 mentions for Hamilton Beach Brands and 3 mentions for Purple Innovation. Purple Innovation's average media sentiment score of 0.98 beat Hamilton Beach Brands' score of 0.00 indicating that Purple Innovation is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hamilton Beach Brands
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Purple Innovation
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hamilton Beach Brands has higher revenue and earnings than Purple Innovation. Purple Innovation is trading at a lower price-to-earnings ratio than Hamilton Beach Brands, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hamilton Beach Brands$654.69M0.41$25.24M$2.238.94
Purple Innovation$487.88M0.15-$120.76M-$0.91-0.74

Purple Innovation has a consensus target price of $1.25, indicating a potential upside of 84.69%. Given Purple Innovation's stronger consensus rating and higher possible upside, analysts clearly believe Purple Innovation is more favorable than Hamilton Beach Brands.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hamilton Beach Brands
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Purple Innovation
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Hamilton Beach Brands has a net margin of 4.06% compared to Purple Innovation's net margin of -21.34%. Hamilton Beach Brands' return on equity of 17.90% beat Purple Innovation's return on equity.

Company Net Margins Return on Equity Return on Assets
Hamilton Beach Brands4.06% 17.90% 6.87%
Purple Innovation -21.34%-84.67%-16.17%

Hamilton Beach Brands has a beta of 0.59, suggesting that its stock price is 41% less volatile than the S&P 500. Comparatively, Purple Innovation has a beta of 2.08, suggesting that its stock price is 108% more volatile than the S&P 500.

Summary

Hamilton Beach Brands beats Purple Innovation on 9 of the 17 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 {thisCompany.Symbol} 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$72.90M$481.65M$17.45B$7.83B
Dividend YieldN/A4.64%2.92%4.22%
P/E Ratio-0.689.8015.5418.48
Price / Sales0.150.434.14103.59
Price / CashN/A8.0016.3934.62
Price / Book0.621.376.324.25
Net Income-$120.76M-$28.38M$731.54M$248.23M
7 Day Performance1.84%7.83%0.81%0.89%
1 Month Performance-9.54%3.51%-0.11%3.53%
1 Year Performance-56.62%-30.74%-1.20%5.08%

Purple Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRPL
Purple Innovation
2.4438 of 5 stars
$0.68
+2.2%
$1.25
+84.7%
-55.5%$72.90M$487.88M-0.681,800Upcoming Earnings
News Coverage
Gap Down
HBB
Hamilton Beach Brands
1.0443 of 5 stars
$17.52
-1.7%
N/A-1.7%$236.78M$654.69M9.32700Earnings Report
News Coverage
COOK
Traeger
2.8265 of 5 stars
$1.45
-2.4%
$2.79
+92.8%
-33.2%$188.79M$604.07M-3.61880Analyst Forecast
BRLT
Brilliant Earth Group
2.3125 of 5 stars
$1.51
+2.7%
$2.20
+45.7%
-39.2%$150.08M$422.16M50.35420Upcoming Earnings
Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage
Gap Down
SNBR
Sleep Number
0.8734 of 5 stars
$5.32
+0.8%
$10.33
+94.2%
-41.5%$119.11M$1.68B-2.945,120Earnings Report
News Coverage
Positive News
VIOT
Viomi Technology
2.6528 of 5 stars
$1.26
-8.0%
N/A+91.5%$85.96M$2.12B21.001,470Positive News
GPRO
GoPro
3.4369 of 5 stars
$0.49
-6.0%
$1.50
+203.5%
-66.7%$77.80M$801.47M-0.17880Analyst Forecast
Gap Down
RAY
Raytech
N/A$2.74
+7.5%
N/AN/A$48.26M$77.20M0.00N/AShort Interest ↑
High Trading Volume
NTZ
Natuzzi
0.8473 of 5 stars
$4.06
+0.7%
N/A-34.0%$44.72M$328.02M0.004,260Gap Down
UG
United-Guardian
3.0004 of 5 stars
$8.54
+3.6%
N/A-3.7%$39.23M$12.18M11.2420Upcoming Earnings
Analyst Forecast
Short Interest ↓
News Coverage
SHOT
Safety Shot
0.4397 of 5 stars
$0.42
-6.5%
N/A-66.1%$31.27M$701,967.000.0010

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This page (NASDAQ:PRPL) was last updated on 5/1/2025 by MarketBeat.com Staff
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