Purple Innovation/PRPL

$1.53

0.65%
-
1D1W1MYTD1YMAX

About Purple Innovation

Purple Innovation, Inc. is a mattress company. The Company offers a variety of branded and premium comfort products, including mattresses, pillows, cushions, bases, sheets and others. It develops its products, through its proprietary gel technology, Hyper-Elastic Polymer. It has three mattress collections: Essentials, including the New Day, The Purple Mattress and The Purple Plus; Premium, including Restore, RestorePlus and RestorePremier, and Luxe, including Rejuvenate, RejuvenatePlus and RejuvenatePremier. It sells eight pillow models: The Purple Harmony Pillow, the Purple Freeform Pillow, the Purple DreamLayer Pillow, the Purple Harmony Anywhere Pillow, the Purple Pillow, the Purple Twin Cloud Pillow, the Purple Cloud Pillow and the Kids Pillow. It sells two types of sheets and pillowcases: Softstretch and Complete Comfort. Its Purple PerfectStay Duvet cover offers a patent-pending lay-and-zip design. It has two types of bases: The Purple Premium and Purple Premium Plus smart.

Ticker

PRPL

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Furniture & Fixtures

CEO

Robert Demartini

Employees

1,700

Headquarters

Lehi, United States
Website
purple.com

PRPL Metrics

BasicAdvanced
$162.96M
Market cap
-
P/E ratio
-$1.15
EPS
1.96
Beta
-
Dividend rate
$162.96M
1.9586
$3.78
$0.55
883.33K
1.278
0.675
23.314
25.158
-54.31%
-29.42%
-83.37%
-39.5%
0.319
1.392
1.748
-10.93%
-11.12%
-7.66%

What the Analysts think about PRPL

Analyst Ratings

Majority rating from 8 analysts.
Hold

Price Targets

Average projection from 7 analysts.
126.14% upside
High $8.00
Low $2.00
$1.53
Current price
$3.46
Average price target

PRPL Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-12.54% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$145.9M
4.29%
Net income
$-18.3M
-49.17%
Profit margin
-12.54%
-51.26%

PRPL Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 16.08%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.12
-$0.20
-$0.18
-$0.15
-
Expected
-$0.13
-$0.12
-$0.03
-$0.18
-$0.16
Surprise
-5.26%
73.91%
620%
-16.08%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Purple Innovation stock?

Purple Innovation (PRPL) has a market cap of $162.96M as of April 19, 2024.

What is the P/E ratio for Purple Innovation stock?

The price to earnings (P/E) ratio for Purple Innovation (PRPL) stock is 0 as of April 19, 2024.

Does Purple Innovation stock pay dividends?

No, Purple Innovation (PRPL) stock does not pay dividends to its shareholders as of April 19, 2024.

When is the next Purple Innovation dividend payment date?

Purple Innovation (PRPL) stock does not pay dividends to its shareholders.

What is the beta indicator for Purple Innovation?

Purple Innovation (PRPL) has a beta rating of 1.96. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Purple Innovation stock price target?

The target price for Purple Innovation (PRPL) stock is $3.46, which is 126.14% above the current price of $1.53. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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