Purple Innovation Net Worth
Purple Innovation Net Worth Breakdown | PRPL |
Purple Innovation Net Worth Analysis
Purple Innovation's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Purple Innovation's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Purple Innovation's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Purple Innovation's net worth analysis. One common approach is to calculate Purple Innovation's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Purple Innovation's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Purple Innovation's net worth. This approach calculates the present value of Purple Innovation's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Purple Innovation's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Purple Innovation's net worth. This involves comparing Purple Innovation's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Purple Innovation's net worth relative to its peers.
To determine if Purple Innovation is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Purple Innovation's net worth research are outlined below:
| Purple Innovation had very high historical volatility over the last 90 days | |
| Purple Innovation has some characteristics of a very speculative penny stock | |
| Purple Innovation has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 487.88 M. Net Loss for the year was (98.1 M) with profit before overhead, payroll, taxes, and interest of 196.57 M. | |
| Purple Innovation currently holds about 41.17 M in cash with (17.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5. | |
| Roughly 71.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Purple Innovation Soars 38 percent as Company Announces Strategic Review |
Purple Innovation uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Purple Innovation. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Purple Innovation's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Purple Innovation's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Purple Innovation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Purple Innovation backward and forwards among themselves. Purple Innovation's institutional investor refers to the entity that pools money to purchase Purple Innovation's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2024-12-31 | 608.1 K | Northern Trust Corp | 2024-12-31 | 460.6 K | Charles Schwab Investment Management Inc | 2024-12-31 | 435 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 378.3 K | Ubs Group Ag | 2024-12-31 | 347.5 K | Stratos Wealth Partners, Ltd | 2024-12-31 | 296.2 K | Bridgeway Capital Management, Llc | 2024-12-31 | 295 K | Amvescap Plc. | 2024-12-31 | 257.3 K | Goldman Sachs Group Inc | 2024-12-31 | 229.8 K | Coliseum Capital Management Llc | 2024-12-31 | 46.9 M | No Street Gp Lp | 2024-12-31 | 4.9 M |
Follow Purple Innovation's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 87.56 M.Market Cap |
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Project Purple Innovation's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.33) | (0.31) | |
| Return On Capital Employed | (0.45) | (0.42) | |
| Return On Assets | (0.32) | (0.30) | |
| Return On Equity | (4.85) | (4.60) |
When accessing Purple Innovation's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Purple Innovation's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Purple Innovation's profitability and make more informed investment decisions.
Evaluate Purple Innovation's management efficiency
Purple Innovation has return on total asset (ROA) of (0.1016) % which means that it has lost $0.1016 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.4446) %, meaning that it created substantial loss on money invested by shareholders. Purple Innovation's management efficiency ratios could be used to measure how well Purple Innovation manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.31 this year. Return On Capital Employed is expected to rise to -0.42 this year. At this time, Purple Innovation's Net Tangible Assets are quite stable compared to the past year. Non Current Assets Total is expected to rise to about 212.4 M this year, although the value of Total Current Assets will most likely fall to about 105.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.19 | 0.18 | |
| Tangible Book Value Per Share | 0.11 | 0.10 | |
| Enterprise Value Over EBITDA | (3.48) | (3.66) | |
| Price Book Value Ratio | 4.14 | 4.34 | |
| Enterprise Value Multiple | (3.48) | (3.66) | |
| Price Fair Value | 4.14 | 4.34 | |
| Enterprise Value | 80.2 M | 71.3 M |
Effective leadership at Purple Innovation drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Enterprise Value Revenue 0.448 | Revenue | Quarterly Revenue Growth (0.12) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Purple Innovation insiders, such as employees or executives, is commonly permitted as long as it does not rely on Purple Innovation's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Purple Innovation insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Purple Innovation time-series forecasting models is one of many Purple Innovation's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Purple Innovation's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Purple Innovation Earnings per Share Projection vs Actual
Purple Innovation Corporate Management
| John IV | Chief Officer | Profile | |
| Jeff Hutchings | Chief Officer | Profile | |
| Tricia McDermottSpikes | Chief Secretary | Profile | |
| Todd CPA | Chief Officer | Profile | |
| Verdi III | Chief Officer | Profile | |
| Robert DeMartini | CEO Director | Profile | |
| Casey McGarvey | Chief Legal Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purple Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Household Appliances space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Purple Innovation. If investors know Purple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Purple Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.60) | Earnings Share (0.91) | Revenue Per Share | Quarterly Revenue Growth (0.12) | Return On Assets |
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Purple Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purple Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purple Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.