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Purple Innovation, Inc. (PRPL)

Stock Price: $38.03 USD 2.80 (7.95%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
After-hours: $38.00 -0.03 (-0.08%) Jan 22, 7:46 PM
Market Cap 2.45B
Revenue (ttm) 598.88M
Net Income (ttm) 1.68M
Shares Out 44.27M
EPS (ttm) 0.06
PE Ratio 691.45
Forward PE 39.68
Dividend n/a
Dividend Yield n/a
Trading Day January 22
Last Price $38.03
Previous Close $35.23
Change ($) 2.80
Change (%) 7.95%
Day's Open 35.05
Day's Range 34.72 - 38.11
Day's Volume 1,106,977
52-Week Range 4.52 - 38.11

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Investors Business Daily - 4 weeks ago

Market Analysis: Holding At Highs, Strong Rally; Generac, Purple, Taiwan Semi Flash Buy Signals

Holding at highs, rally looks strong: Generac, Purple Innovation, Taiwan Semi flash buy signals. Investor's Business Daily has been helping people invest smarter results by providing exclusive...

Other stocks mentioned: GNRC, TSM
Seeking Alpha - 1 month ago

Purple Innovation's revenue growth rates are increadibly strong.

Seeking Alpha - 1 month ago

Purple Innovations gel technology differentiates the company's offerings from its competitors. The company is seeing high revenue growth. In the last quarter revenue increased by 59.4% compare...

PRNewsWire - 2 months ago

LEHI, Utah, Nov. 20, 2020 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("the Company"), the leader in comfort innovation and the creator of the renowned Purple® Mattress, announced t...

Seeking Alpha - 2 months ago

Purple Innovation, Inc. (PRPL) CEO Joe Megibow on Q3 2020 Results - Earnings Call Transcript

PYMNTS - 2 months ago

Digitally native sleep brand Purple Innovation, Inc. reported as part of its Q3 results that its direct-to-consumer (D2C) revenue surged 97.5 percent and its wholesale revenue rose 6.9 percent...

PRNewsWire - 2 months ago

LEHI, Utah, Nov. 11, 2020 /PRNewswire/ -- Purple Innovation, LLC ("Purple"), the leader in comfort innovation and the creator of the renowned Purple® Mattress, has ranked highest in customer s...

Zacks Investment Research - 2 months ago

Purple Innovation (PRPL) delivered earnings and revenue surprises of 8.00% and 6.01%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the s...

Zacks Investment Research - 2 months ago

Purple Innovation (PRPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Investment Research - 2 months ago

Purple Innovation (PRPL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 2 months ago

ADRNY vs. PRPL: Which Stock Is the Better Value Option?

Other stocks mentioned: ADRNY
Zacks Investment Research - 2 months ago

Rising demand aids consumer staple players amid pandemic. Hershey (HSY), Tyson Foods (TSN), Grocery Outlet (GO), Energizer Holdings (ENR) and Purple Innovation (PRPL) are set to tap the opport...

Other stocks mentioned: ENR, GO, HSY, TSN
Zacks Investment Research - 2 months ago

Purple Innovation (PRPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 2 months ago

Purple Innovation's (PRPL) third-quarter 2020 performance is likely to have gained from higher demand for products like mattresses as well as growth in online transactions.

PRNewsWire - 2 months ago

ALPINE, Utah, Oct. 30, 2020 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the leader in comfort innovation and the creator of the renowned Purple® Mattress, will report th...

Zacks Investment Research - 2 months ago

Purple Innovation (PRPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 3 months ago

Does Purple Innovation (PRPL) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment Research - 3 months ago

ADRNY vs. PRPL: Which Stock Is the Better Value Option?

Other stocks mentioned: ADRNY
The Motley Fool - 3 months ago

Revenue is growing as the company expands distribution, but what happens once its products are widely available?

Zacks Investment Research - 3 months ago

PURPLE INNOVATION, INC. (PRPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Investment Research - 3 months ago

PURPLE INNOVATION, INC. (PRPL) is at a 52-week high, but can investors hope for more gains in the future?

The Motley Fool - 3 months ago

These analysts think the stock could go 50%, 100%, and even 300% higher.

Zacks Investment Research - 3 months ago

Investors need to pay close attention to Purple Innovation (PRPL) stock based on the movements in the options market lately.

Zacks Investment Research - 3 months ago

Is (PRPL) Outperforming Other Consumer Staples Stocks This Year?

Zacks Investment Research - 3 months ago

As of late, it has definitely been a great time to be an investor in Purple Innovation.

Zacks Investment Research - 3 months ago

PURPLE INNOVATION, INC. (PRPL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Seeking Alpha - 4 months ago

PRPL and CSPR are leading the charge in DTC mattress sales, and both had ~2% market share each in 2019.

Other stocks mentioned: CSPR
PRNewsWire - 4 months ago

LEHI, Utah, Sept. 14, 2020 /PRNewswire/ -- Purple Innovation, Inc.

The Motley Fool - 4 months ago

There's some bullish sentiment behind the bedding maker's stock.

PRNewsWire - 4 months ago

LEHI, Utah, Sept. 9, 2020 /PRNewswire/ -- Purple Innovation, Inc.

PRNewsWire - 4 months ago

LEHI, Utah, Sept. 9, 2020 /PRNewswire/ -- Purple Innovation, Inc.

Zacks Investment Research - 5 months ago

Investors need to pay close attention to Purple Innovation (PRPL) stock based on the movements in the options market lately.

PRNewsWire - 5 months ago

LEHI, Utah, Aug. 19, 2020 /PRNewswire/ -- Purple Innovation, Inc.

The Motley Fool - 5 months ago

It was a record quarter, but the stock had already run really high.

Seeking Alpha - 5 months ago

Purple Innovation, Inc. (PRPL) CEO Joe Megibow on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

PURPLE INNOVATION, INC. (PRPL) delivered earnings and revenue surprises of 145.00% and -6.51%, respectively, for the quarter ended June 2020.

Benzinga - 5 months ago

Shares of Purple Innovation (NASDAQ:PRPL) decreased 11.29% in after-market trading after the company reported Q2 results.

PRNewsWire - 5 months ago

LEHI, Utah, Aug. 13, 2020 /PRNewswire/ -- Purple Innovation, Inc.

Zacks Investment Research - 5 months ago

Consumer Products Industry Outlook: Prospects Seem Promising

Other stocks mentioned: GO, KMB, NWL, OLLI
InvestorPlace - 5 months ago

Purple stock is surging thanks to management's shrewd moves during the pandemic. Now comes the tricky part: keeping that momentum as normalcy returns.

Zacks Investment Research - 5 months ago

Purple Innovation (PRPL) second-quarter earnings results are likely to have benefited from increased direct-to-consumer orders. Notably, direct-to-consumer orders soared 125% in the month of May.

Zacks Investment Research - 5 months ago

PURPLE INNOVATION, INC. (PRPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

InvestorPlace - 5 months ago

There is nothing like getting comfy while you're stuck at home, and e-commerce sales back that up. This truth makes Purple stock a buy here.

InvestorPlace - 5 months ago

Can a "comfort technology" company thrive during a pandemic? Just look at Purple Innovations for proof.

PRNewsWire - 5 months ago

LEHI, Utah, July 27, 2020 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the leader in comfort innovation and the creator of the renowned Purple® Mattress, today announced ...

Seeking Alpha - 6 months ago

Not Just Mattress, Purple Innovation Is Our Favorite Retail Stock

Zacks Investment Research - 6 months ago

Does PURPLE INNOVATION, INC. (PRPL) have what it takes to be a top stock pick for momentum investors?

Zacks Investment Research - 6 months ago

Top Ranked Momentum Stocks to Buy for July 8th

Other stocks mentioned: CALX, FAST, FIZZ
Zacks Investment Research - 6 months ago

Top Ranked Momentum Stocks to Buy for July 6th

Other stocks mentioned: MNTA, ZS
Zacks Investment Research - 6 months ago

Top Ranked Momentum Stocks to Buy for July 1st

Other stocks mentioned: THO, ZS

About PRPL

Purple Innovation designs and manufactures mattresses, pillows, and cushions. It also offers sheets, mattress protector, bed frames, seat cushions, and weighted blanket and duvets. The company markets and sells its products through direct-to-consumer online channels, retail brick-and-mortar wholesale partners, and third-party online retailers, as well as through its factory outlet and the company owned showrooms. Purple Innovation, Inc. was founded in 2010 and is headquartered in Lehi, Utah.

Industry
Furnishings, Fixtures & Appliances
Founded
2010
CEO
Joseph B. Megibow
Employees
850
Stock Exchange
NASDAQ
Ticker Symbol
PRPL
Full Company Profile

Financial Performance

In 2019, PRPL's revenue was $428.36 million, an increase of 49.89% compared to the previous year's $285.79 million. Losses were -$4.03 million, -6.83% less than in 2018.

Financial Statements

Analyst Forecasts

According to 10 analysts, the average rating for PRPL stock is "Strong Buy." The 12-month stock price forecast is 38.20, which is an increase of 0.45% from the latest price.

Price Target
$38.20
(0.45% upside)
Analyst Consensus: Strong Buy