Purple Innovation Stock Today

PRPL Stock  USD 0.81  0.02  2.41%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very High

 
High
 
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Purple Innovation is selling for 0.81 as of the 20th of March 2025. This is a 2.41 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.79. Purple Innovation has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
29th of October 2015
Category
Consumer Cyclical
Classification
Consumer Discretionary
Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. The company was founded in 2010 and is headquartered in Lehi, Utah. Purple Innovation operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. The company has 107.55 M outstanding shares of which 3.2 M shares are at this time shorted by private and institutional investors with about 7.78 trading days to cover. More on Purple Innovation

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Purple Stock Highlights

Thematic IdeaConsumer Goods (View all Themes)
Business ConcentrationHousehold Appliances, Furnishings, Fixtures & Appliances, Consumer Discretionary, NASDAQ Composite, Consumer Goods, Consumer Discretionary, Household Durables, Furnishings, Fixtures & Appliances, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.871.5848
Fairly Up
Slightly volatile
Gross Profit Margin0.30.3713
Significantly Down
Very volatile
Total Current Liabilities72.7 M101 M
Way Down
Slightly volatile
Non Current Liabilities Total134.9 M186.6 M
Way Down
Slightly volatile
Total Assets298.4 M307.8 M
Sufficiently Down
Slightly volatile
Total Current Assets105.3 M126.4 M
Significantly Down
Slightly volatile
Debt Levels
Purple Innovation can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Purple Innovation's financial leverage. It provides some insight into what part of Purple Innovation's total assets is financed by creditors.
Liquidity
Purple Innovation currently holds 102.73 M in liabilities with Debt to Equity (D/E) ratio of 0.7, which is about average as compared to similar companies. Purple Innovation has a current ratio of 1.87, which is within standard range for the sector. Note, when we think about Purple Innovation's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

33.42 Million
Purple Innovation (PRPL) is traded on NASDAQ Exchange in USA. It is located in 4100 North Chapel Ridge Road, Lehi, UT, United States, 84043 and employs 1,200 people. Purple Innovation is listed under Household Appliances category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 91.19 M. Purple Innovation conducts business under Household Durables sector and is part of Consumer Discretionary industry. The entity has 107.55 M outstanding shares of which 3.2 M shares are at this time shorted by private and institutional investors with about 7.78 trading days to cover. 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.
Check Purple Innovation Probability Of Bankruptcy
Ownership Allocation
Purple Innovation owns a total of 107.55 Million outstanding shares. The majority of Purple Innovation outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Purple Innovation to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Purple Innovation. Please pay attention to any change in the institutional holdings of Purple Innovation as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Purple Ownership Details

Purple Stock Institutional Holders

InstituionRecorded OnShares
Jpmorgan Chase & Co2024-12-31
608.1 K
Northern Trust Corp2024-12-31
460.6 K
Charles Schwab Investment Management Inc2024-12-31
435 K
Morgan Stanley - Brokerage Accounts2024-12-31
378.3 K
Ubs Group Ag2024-12-31
347.5 K
Stratos Wealth Partners, Ltd2024-12-31
296.2 K
Bridgeway Capital Management, Llc2024-12-31
295 K
Amvescap Plc.2024-12-31
257.3 K
Goldman Sachs Group Inc2024-12-31
229.8 K
Coliseum Capital Management Llc2024-12-31
46.9 M
No Street Gp Lp2024-12-31
4.9 M
View Purple Innovation Diagnostics

Purple Innovation Historical Income Statement

At this time, Purple Innovation's Selling And Marketing Expenses is quite stable compared to the past year. Reconciled Depreciation is expected to rise to about 37.1 M this year, although the value of Total Revenue will most likely fall to about 387 M. View More Fundamentals

Purple Stock Against Markets

Purple Innovation Corporate Management

John IVChief OfficerProfile
Jeff HutchingsChief OfficerProfile
Tricia McDermottSpikesChief SecretaryProfile
Todd CPAChief OfficerProfile
Verdi IIIChief OfficerProfile
Robert DeMartiniCEO DirectorProfile
Casey McGarveyChief Legal OfficerProfile
When determining whether Purple Innovation is a strong investment it is important to analyze Purple Innovation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Purple Innovation's future performance. For an informed investment choice regarding Purple Stock, refer to the following important reports:
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.
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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
4.554
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.10)
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.