PRPL vs. HFFG, PLIN, MAMA, CDZI, HOFT, FLXS, ALCO, FREE, BRID, and VGII
Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include HF Foods Group (HFFG), China Xiangtai Food (PLIN), Mama's Creations (MAMA), Cadiz (CDZI), Hooker Furnishings (HOFT), Flexsteel Industries (FLXS), Alico (ALCO), Whole Earth Brands (FREE), Bridgford Foods (BRID), and Virgin Group Acquisition Corp. II (VGII).
Purple Innovation (NASDAQ:PRPL) and HF Foods Group (NASDAQ:HFFG) are both small-cap consumer staples companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, earnings, institutional ownership, community ranking, media sentiment, valuation and risk.
Purple Innovation has a beta of 1.98, suggesting that its share price is 98% more volatile than the S&P 500. Comparatively, HF Foods Group has a beta of 1.76, suggesting that its share price is 76% more volatile than the S&P 500.
88.4% of Purple Innovation shares are owned by institutional investors. Comparatively, 24.0% of HF Foods Group shares are owned by institutional investors. 48.3% of Purple Innovation shares are owned by company insiders. Comparatively, 5.0% of HF Foods Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Purple Innovation presently has a consensus price target of $3.95, suggesting a potential upside of 158.17%. Given Purple Innovation's higher probable upside, equities research analysts plainly believe Purple Innovation is more favorable than HF Foods Group.
Purple Innovation received 288 more outperform votes than HF Foods Group when rated by MarketBeat users. Likewise, 67.65% of users gave Purple Innovation an outperform vote while only 42.86% of users gave HF Foods Group an outperform vote.
In the previous week, HF Foods Group had 2 more articles in the media than Purple Innovation. MarketBeat recorded 2 mentions for HF Foods Group and 0 mentions for Purple Innovation. Purple Innovation's average media sentiment score of 0.00 equaled HF Foods Group'saverage media sentiment score.
HF Foods Group has a net margin of -0.19% compared to Purple Innovation's net margin of -22.31%. HF Foods Group's return on equity of 6.68% beat Purple Innovation's return on equity.
HF Foods Group has higher revenue and earnings than Purple Innovation. HF Foods Group is trading at a lower price-to-earnings ratio than Purple Innovation, indicating that it is currently the more affordable of the two stocks.
Summary
Purple Innovation beats HF Foods Group on 9 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRPL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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