Purple Innovation Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 16 out of 24 in the Household Goods industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 3.30.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Purple Innovation Inc's Score
Industry at a Glance
Industry Ranking
16 / 24
Overall Ranking
297 / 4562
Industry
Household Goods
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Purple Innovation Inc Highlights
StrengthsRisks
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 more. It develops its products through its Hyper-Elastic Polymer gel technology. Its product portfolio includes Mattresses, Pillows, Sheets, Waterproof Mattress Protector, Bases, and Seat Cushions. Its Gelflex Grid technology is used in all Purple mattresses. It sells eight pillow models, all designed to deliver various sleep preferences and needs. The models include 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. Its Purple SoftStretch sheets are designed to maximize the functionality of its mattresses and pillows. Its Purple Waterproof Mattress Protector mattress is designed to optimize the functionality of the Gelflex Grid in its mattress.
Fairly Valued
The company’s latest PE is -1.37, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 67.76M shares, decreasing 8.99% quarter-over-quarter.
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 more. It develops its products through its Hyper-Elastic Polymer gel technology. Its product portfolio includes Mattresses, Pillows, Sheets, Waterproof Mattress Protector, Bases, and Seat Cushions. Its Gelflex Grid technology is used in all Purple mattresses. It sells eight pillow models, all designed to deliver various sleep preferences and needs. The models include 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. Its Purple SoftStretch sheets are designed to maximize the functionality of its mattresses and pillows. Its Purple Waterproof Mattress Protector mattress is designed to optimize the functionality of the Gelflex Grid in its mattress.
Ticker SymbolPRPL
CompanyPurple Innovation Inc
CEODemartini (Robert T)
Websitehttps://purple.com/
FAQs
What is the current price of Purple Innovation Inc (PRPL)?
The current price of Purple Innovation Inc (PRPL) is 0.720.
What is the symbol of Purple Innovation Inc?
The ticker symbol of Purple Innovation Inc is PRPL.
What is the 52-week high of Purple Innovation Inc?
The 52-week high of Purple Innovation Inc is 1.290.
What is the 52-week low of Purple Innovation Inc?
The 52-week low of Purple Innovation Inc is 0.560.
What is the market capitalization of Purple Innovation Inc?
The market capitalization of Purple Innovation Inc is 78.05M.
What is the net income of Purple Innovation Inc?
The net income of Purple Innovation Inc is -97.90M.
Is Purple Innovation Inc (PRPL) currently rated as Buy, Hold, or Sell?
According to analysts, Purple Innovation Inc (PRPL) has an overall rating of Hold, with a price target of 3.300.
What is the Earnings Per Share (EPS TTM) of Purple Innovation Inc (PRPL)?
The Earnings Per Share (EPS TTM) of Purple Innovation Inc (PRPL) is -0.524.