Purple Innovation, Inc. (PRPL)
$
0.8
+0.02 (2.50%)
Key metrics
Financial statements
Free cash flow per share
-0.2849
Market cap
86.5 Million
Price to sales ratio
0.1833
Debt to equity
132.0313
Current ratio
1.3563
Income quality
0.3602
Average inventory
58.5 Million
ROE
-2.3061
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Purple Innovation, Inc. designs and manufactures a wide range of products including mattresses, pillows, and cushions. Additionally, the company provides bases, foundations, sheets, mattress protectors, bed frames, seat cushions, weighted blankets, duvets, and even pet beds. The organization markets its innovative offerings through various channels, including e-commerce platforms, retail brick-and-mortar locations, wholesale partners, and third-party online retailers, as well as through its own Purple retail showrooms. Despite its diversified product lineup and the breadth of its sales avenues, the company reported a net loss of -$97,897,000.00 indicating challenges in its operations. This financial scenario is complicated by an operating expenses total of $273,315,000.00 which encompasses a range of costs incurred in day-to-day operations. Additionally, the weighted average number of diluted shares outstanding is 107,324,000.00 reflecting potential dilution effects that may impact shareholder returns. On the positive side, the company earned an interest income of $0.00 showcasing its capacity for financial investments. Furthermore, it reported depreciation and amortization expenses of $35,355,000.00 highlighting the wear and tear of its assets over time. In terms of investment potential, the stock is affordable at $0.80 making it suitable for budget-conscious investors eager to enter the market. However, the stock has a low average trading volume of 985,109.00 indicating lower market activity, which may affect liquidity for traders. With a market capitalization of $86,523,489.00 the company is classified as a small-cap player, suggesting it operates on a relatively smaller scale compared to larger corporations. Nevertheless, it is a key player in the Furnishings, Fixtures & Appliances industry, contributing significantly to the overall market landscape and driving innovation and growth. Moreover, it belongs to the Consumer Cyclical sector, indicating its role in shaping industry trends and responding to consumer needs.
Is Purple Innovation, Inc. (PRPL) a good investment?
Investing in Purple Innovation, Inc. (PRPL) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C, with a Bearish outlook. Always conduct your own research before investing.
What is Purple Innovation, Inc. (PRPL)'s stock forecast?
Analysts predict Purple Innovation, Inc. stock to fluctuate between $0.56 (low) and $1.50 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Purple Innovation, Inc.'s market capitalization?
As of 2025-05-29, Purple Innovation, Inc.'s market cap is $86,523,489, based on 108,222,000 outstanding shares.
How does Purple Innovation, Inc. compare to competitors like Amazon.Com Inc?
Compared to Amazon.Com Inc, Purple Innovation, Inc. has a Lower Market-Cap, indicating a difference in performance.
Does Purple Innovation, Inc. pay dividends?
Purple Innovation, Inc. pays dividends. The current dividend yield is 0.03%, with a payout of $0.00 per share.
How can I buy Purple Innovation, Inc. (PRPL) stock?
To buy Purple Innovation, Inc. (PRPL) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for PRPL. Place an order (Market, Limit, etc.).
What is the best time to invest in Purple Innovation, Inc.?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
How did Purple Innovation, Inc. perform in the last earnings report?
Revenue: $487,877,000 | EPS: -$0.91 | Growth: -22.22%.
Where can I find Purple Innovation, Inc.'s investor relations reports?
Visit https://purple.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Purple Innovation, Inc.?
You can explore historical data from here
What is the all-time high and low for Purple Innovation, Inc. stock?
All-time high: $40.81 (2021-03-01) | All-time low: $0.55 (2023-11-10).
What are the key trends affecting Purple Innovation, Inc. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
24 days ago
Purple Innovation, Inc. (NASDAQ:PRPL ) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Stacy Turnof – Investor Relations Rob DeMartini – Chief Executive Officer Todd Vogensen – Chief Financial Officer Conference Call Participants Brad Thomas – KeyBanc Capital Markets Bobby Griffin – Raymond James Dan Silverstein – UBS Brian Nagel – Oppenheimer Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today.
zacks.com
24 days ago
Purple Innovation (PRPL) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.19 per share a year ago.
prnewswire.com
24 days ago
Exceeded Q1 Adjusted EBITDA Target; Delivered Q1 Sales Consistent with Guidance GAAP Gross Margin of 39.4% in Q1; Adjusted Gross Margin Above 40% for Fourth Consecutive Quarter LEHI, Utah , May 6, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced results for the first quarter ended March 31, 2025. "Our first quarter performance reflects continued progress against our strategic priorities to stabilize and strengthen the business, and position Purple for long-term success," said Rob DeMartini, CEO of Purple Innovation.
prnewswire.com
24 days ago
Agreements meaningfully increase Purple's footprint in Mattress Firm stores nationwide and provide Purple with strategic supply support from Tempur Sherwood Bolsters Mattress Firm's position as a multi-branded retailer offering customers more choice and value, while enabling Somnigroup to participate in Purple's future success Purple secures substantial new debt financing to support expansion with Mattress Firm and continued investments in innovation and advertising LEHI, Utah , May 6, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced that it has entered into an agreement with Somnigroup International, Inc. (NYSE: SGI) ("Somnigroup") to significantly expand their commercial relationship. Under the terms of the agreement, Purple will materially increase its presence in Mattress Firm stores nationwide.
prnewswire.com
a month ago
LEHI, Utah , May 2, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," will report first quarter 2025 financial results on Tuesday, May 6, 2025 at approximately 4:05 p.m. ET. The Company will hold a conference call that day at 4:30 p.m.
globenewswire.com
a month ago
Looking for next-level comfort during sleep? This Purple mattress review will show you how their patented GelFlex grid and other mattress features can improve the quality of your sleep. Looking for next-level comfort during sleep? This Purple mattress review will show you how their patented GelFlex grid and other mattress features can improve the quality of your sleep.
prnewswire.com
a month ago
New DreamLayer™ Technology Provides Unparalleled Pressure Relief in Four New Rejuvenate Mattress Models SALT LAKE CITY , April 29, 2025 /PRNewswire/ -- Purple Innovation , Inc ("Purple"), (NASDAQ: PRPL) the world leader in mattress technology and inventor of GelFlex Grid®, today announced their new Rejuvenate Mattress Collection reaffirming the brand's commitment to the greatest sleep ever invented. With new, layered grid technology, this line is a breakthrough in luxury sleep performance that offers pressure relief and support that is unparalleled by conventional foam or hybrid designs.
zacks.com
3 months ago
Purple Innovation (PRPL) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.15 per share a year ago.
prnewswire.com
3 months ago
Returned to Positive Adjusted EBITDA and Cash Flow in Fourth Quarter GAAP Gross Margin of 42.9% in Q4; Adjusted Gross Margin improved Over 810bps in Q4 Versus Last Year Generated Incremental Liquidity with New $19.0 Million Term Loan Increase to Support Continued Investments in Innovation and Advertising LEHI, Utah , March 13, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the "Company"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced results for the fourth quarter and full year ended December 31, 2024. "Purple achieved a significant milestone in the fourth quarter, returning to positive Adjusted EBITDA for the first time in eight quarters and generating positive cash flow," said CEO Rob DeMartini.
prnewswire.com
3 months ago
Initiates Review Following Receipt of Expressions of Interest Returned to Positive Adjusted EBITDA and Positive Cash Flow Generation in Fourth Quarter 2024 and Expanded Credit Facility, Enabling Enhanced Financial Flexibility LEHI, Utah , March 13, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the "Company"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced that its Board of Directors (the "Board") has initiated a review of strategic alternatives for the Company, following inbound expressions of interest. The Board will consider a broad range of opportunities to maximize shareholder value, including, but not limited to, a sale, merger, or other strategic or financial transaction.
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