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Purple Innovation NasdaqGS:PRPL Stock Report

Last Price

US$1.50

Market Cap

US$161.5m

7D

-2.0%

1Y

-48.5%

Updated

25 Apr, 2024

Data

Company Financials +

Purple Innovation, Inc.

NasdaqGS:PRPL Stock Report

Market Cap: US$161.5m

PRPL Stock Overview

Purple Innovation, Inc. designs and manufactures sleep and other products in the United States and internationally.

PRPL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Purple Innovation, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Purple Innovation
Historical stock prices
Current Share PriceUS$1.50
52 Week HighUS$3.78
52 Week LowUS$0.55
Beta1.95
1 Month Change0.67%
3 Month Change42.86%
1 Year Change-48.45%
3 Year Change-95.73%
5 Year Change-73.78%
Change since IPO-85.80%

Recent News & Updates

Purple Innovation: Shares Unlikely To Wake Up

Apr 05

Recent updates

Purple Innovation: Shares Unlikely To Wake Up

Apr 05

Purple appoints Keira Krausz as chief marketing officer

Oct 18

Purple surges 28% after holder Coliseum Capital offers to buy for $4.35/share

Sep 19

Purple Innovation acquires sleep and health wellness firm in all-stock deal

Sep 01

When Should You Buy Purple Innovation, Inc. (NASDAQ:PRPL)?

Aug 21
When Should You Buy Purple Innovation, Inc. (NASDAQ:PRPL)?

Purple Innovation falls 14% on Q2 result miss, lowers 2022 sales guidance

Aug 09

Sleep Number And Purple Innovation: A Pair Trade Idea

Jun 28

Is Purple Innovation (NASDAQ:PRPL) A Risky Investment?

Jun 14
Is Purple Innovation (NASDAQ:PRPL) A Risky Investment?

Purple Innovation: In For A Hard Time

May 19

Should You Think About Buying Purple Innovation, Inc. (NASDAQ:PRPL) Now?

May 10
Should You Think About Buying Purple Innovation, Inc. (NASDAQ:PRPL) Now?

Purple Innovation: The Prognosis After Much Uncertainty

Feb 06

Purple Innovation Stock: Upside On Reset Expectations

Jan 29

Shareholder Returns

PRPLUS Consumer DurablesUS Market
7D-2.0%1.4%1.0%
1Y-48.5%31.6%21.9%

Return vs Industry: PRPL underperformed the US Consumer Durables industry which returned 36.2% over the past year.

Return vs Market: PRPL underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is PRPL's price volatile compared to industry and market?
PRPL volatility
PRPL Average Weekly Movement14.5%
Consumer Durables Industry Average Movement5.7%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: PRPL's share price has been volatile over the past 3 months.

Volatility Over Time: PRPL's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20101,700Rob DeMartinipurple.com

Purple Innovation, Inc. designs and manufactures sleep and other products in the United States and internationally. The company offers mattresses, pillows, cushions, bases, sheets, platforms, adjustable bases, mattress protectors, foundations, blankets, duvets, duvet covers, seat cushions, and pet beds under the Purple brand. It markets and sells its products through its e-commerce online channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms, as well as through its website, Purple.com.

Purple Innovation, Inc. Fundamentals Summary

How do Purple Innovation's earnings and revenue compare to its market cap?
PRPL fundamental statistics
Market capUS$161.53m
Earnings (TTM)-US$120.76m
Revenue (TTM)US$510.54m

0.3x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRPL income statement (TTM)
RevenueUS$510.54m
Cost of RevenueUS$338.72m
Gross ProfitUS$171.83m
Other ExpensesUS$292.58m
Earnings-US$120.76m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.12
Gross Margin33.66%
Net Profit Margin-23.65%
Debt/Equity Ratio26.1%

How did PRPL perform over the long term?

See historical performance and comparison
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