The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite a weak stock market performance, the company shows strong technicals. 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
15 / 24
Overall Ranking
285 / 4593
Industry
Household Goods
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Hold
Current Rating
3.300
Target Price
+376.81%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
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 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.
Fairly Valued
The company’s latest PE is -1.39, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 69.71M shares, decreasing 18.34% 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 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 SymbolPRPL
CompanyPurple Innovation Inc
CEOMr. Robert T. Demartini
Websitehttps://purple.com/
FAQs
What is the current price of Purple Innovation Inc (PRPL)?
The current price of Purple Innovation Inc (PRPL) is 0.731.
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 79.23M.
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.