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Purple Innovation (PRPL) Competitors

Purple Innovation logo
$0.62 +0.04 (+6.72%)
As of 09:52 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

PRPL vs. HBB, COOK, BRLT, SNBR, VIOT, GPRO, NTZ, RAY, 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), Natuzzi (NTZ), Raytech (RAY), 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 stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, analyst recommendations, dividends, community ranking and media sentiment.

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%

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%

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

Purple Innovation has a consensus price target of $1.25, indicating a potential upside of 115.85%. Given Purple Innovation's stronger consensus rating and higher possible upside, analysts plainly 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 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$654.69M0.36$25.24M$2.237.86
Purple Innovation$487.88M0.13-$120.76M-$0.91-0.64

In the previous week, Hamilton Beach Brands' average media sentiment score of 0.00 equaled Purple Innovation'saverage media sentiment score.

Company Overall Sentiment
Hamilton Beach Brands Neutral
Purple Innovation Neutral

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 insiders. Comparatively, 53.7% of Purple Innovation shares are held by 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.

Summary

Hamilton Beach Brands beats Purple Innovation on 8 of the 15 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$62.38M$422.11M$17.27B$7.15B
Dividend YieldN/A5.11%3.00%4.34%
P/E Ratio-0.589.2015.3517.51
Price / Sales0.130.373.9996.22
Price / CashN/A8.0016.3934.62
Price / Book0.531.156.283.91
Net Income-$120.76M-$28.38M$737.42M$247.19M
7 Day Performance-5.00%2.14%0.31%-0.19%
1 Month Performance-33.85%-13.79%-6.01%-8.18%
1 Year Performance-61.39%-40.98%-3.02%-1.32%

Purple Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRPL
Purple Innovation
2.181 of 5 stars
$0.62
+6.4%
$1.25
+102.9%
-60.6%$66.35M$487.88M-0.621,800
HBB
Hamilton Beach Brands
1.3953 of 5 stars
$17.62
+0.8%
N/A-17.1%$238.13M$654.69M9.37700Positive News
Gap Up
COOK
Traeger
2.8257 of 5 stars
$1.44
+2.1%
$2.79
+93.5%
-31.5%$188.14M$604.07M-3.60880
BRLT
Brilliant Earth Group
2.8671 of 5 stars
$1.48
+4.2%
$2.20
+48.6%
-43.7%$147.10M$422.16M49.35420Positive News
SNBR
Sleep Number
2.2527 of 5 stars
$5.03
+0.8%
$10.33
+105.4%
-60.9%$112.62M$1.68B-2.785,120News Coverage
Gap Down
VIOT
Viomi Technology
2.7994 of 5 stars
$1.51
+2.7%
N/A+133.4%$103.02M$2.12B25.171,470Short Interest ↓
Positive News
Gap Down
GPRO
GoPro
3.3923 of 5 stars
$0.51
+3.1%
$1.50
+193.5%
-70.9%$80.46M$801.47M-0.18880High Trading Volume
NTZ
Natuzzi
0.1659 of 5 stars
$4.18
flat
N/A-35.0%$46.04M$328.02M0.004,260Analyst Forecast
RAY
Raytech
N/A$2.53
-3.4%
N/AN/A$44.56M$77.20M0.00N/A
UG
United-Guardian
1.4996 of 5 stars
$8.00
-2.1%
N/A+6.6%$36.75M$12.18M10.5320Analyst Forecast
Negative News
Gap Up
High Trading Volume
SHOT
Safety Shot
0.5831 of 5 stars
$0.48
+5.5%
N/A-77.2%$35.89M$701,967.000.0010Short Interest ↑
Gap Up
High Trading Volume

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This page (NASDAQ:PRPL) was last updated on 4/22/2025 by MarketBeat.com Staff
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