Purple Innovation (PRPL) Competitors

$1.53
-0.07 (-4.38%)
(As of 04/24/2024 ET)

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 vs.

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Purple Innovation
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
HF Foods Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

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.

CompanyUnderperformOutperform
Purple InnovationOutperform Votes
297
67.65%
Underperform Votes
142
32.35%
HF Foods GroupOutperform Votes
9
42.86%
Underperform Votes
12
57.14%

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.

Company Overall Sentiment
Purple Innovation Neutral
HF Foods Group Neutral

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.

Company Net Margins Return on Equity Return on Assets
Purple Innovation-22.31% -42.60% -16.77%
HF Foods Group -0.19%6.68%3.18%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Purple Innovation$510.54M0.32-$120.76M-$1.11-1.38
HF Foods Group$1.15B0.13-$2.17M-$0.05-57.59

Summary

Purple Innovation beats HF Foods Group on 9 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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$164.03M$1.39B$14.85B$7.48B
Dividend YieldN/A4.08%2.90%3.96%
P/E Ratio-1.3810.0221.6820.61
Price / Sales0.320.565.3080.31
Price / CashN/A10.1232.8834.58
Price / Book1.404.844.524.30
Net Income-$120.76M$44.81M$580.65M$213.85M
7 Day Performance0.66%4.10%2.26%1.26%
1 Month Performance0.66%-5.09%-3.39%-4.19%
1 Year Performance-44.36%8.08%-4.38%7.81%

Purple Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HFFG
HF Foods Group
0 of 5 stars
$3.19
+0.9%
N/A-22.1%$166.39M$1.15B-63.791,049News Coverage
Gap Up
PLIN
China Xiangtai Food
0 of 5 stars
$2.91
+9.4%
N/A+1,141.8%$170.21M$80.50M0.00154
MAMA
Mama's Creations
3.5232 of 5 stars
$4.69
+0.2%
$7.25
+54.6%
N/A$175.64M$93.19M23.45N/A
CDZI
Cadiz
2.1618 of 5 stars
$2.15
-4.4%
N/A-49.1%$144.18M$1.99M-3.8418Positive News
HOFT
Hooker Furnishings
3.8131 of 5 stars
$18.15
-1.7%
N/A+11.5%$193.66M$433.23M19.951,259High Trading Volume
FLXS
Flexsteel Industries
3.3813 of 5 stars
$38.55
+0.2%
N/A+117.9%$198.53M$393.69M13.291,700Upcoming Earnings
ALCO
Alico
0.9877 of 5 stars
$27.00
+0.1%
N/A+17.7%$205.74M$39.85M4.29194
FREE
Whole Earth Brands
0 of 5 stars
$4.82
-0.2%
N/A+124.2%$206.59M$550.91M-5.36590
BRID
Bridgford Foods
0 of 5 stars
$10.72
-0.3%
N/A-18.3%$97.34M$251.64M24.93671Positive News
Gap Up
VGII
Virgin Group Acquisition Corp. II
0 of 5 stars
$1.57
+9.0%
N/A+231.6%$78.99MN/A0.00N/AGap Up

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This page (NASDAQ:PRPL) was last updated on 4/24/2024 by MarketBeat.com Staff

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