PRPL vs. CSPR, SNBR, HOFT, FLXS, NTZ, NVFY, KBAL, TPX, CODI, and LZB
Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include Casper Sleep (CSPR), Sleep Number (SNBR), Hooker Furnishings (HOFT), Flexsteel Industries (FLXS), Natuzzi (NTZ), Nova LifeStyle (NVFY), Kimball International (KBAL), Tempur Sealy International (TPX), Compass Diversified (CODI), and La-Z-Boy (LZB).
Casper Sleep (NYSE:CSPR) and Purple Innovation (NASDAQ:PRPL) are both small-cap retail/wholesale companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, media sentiment, institutional ownership, risk, profitability, community ranking and earnings.
Casper Sleep has higher earnings, but lower revenue than Purple Innovation. Casper Sleep is trading at a lower price-to-earnings ratio than Purple Innovation, indicating that it is currently the more affordable of the two stocks.
Casper Sleep has a beta of 1.98, suggesting that its share price is 98% more volatile than the S&P 500. Comparatively, Purple Innovation has a beta of 1.96, suggesting that its share price is 96% more volatile than the S&P 500.
Purple Innovation received 261 more outperform votes than Casper Sleep when rated by MarketBeat users. Likewise, 67.73% of users gave Purple Innovation an outperform vote while only 55.22% of users gave Casper Sleep an outperform vote.
64.0% of Casper Sleep shares are owned by institutional investors. Comparatively, 88.4% of Purple Innovation shares are owned by institutional investors. 32.1% of Casper Sleep shares are owned by insiders. Comparatively, 54.3% of Purple Innovation shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Purple Innovation has a consensus price target of $3.95, suggesting a potential upside of 216.00%. Given Casper Sleep's higher possible upside, analysts plainly believe Purple Innovation is more favorable than Casper Sleep.
In the previous week, Casper Sleep and Casper Sleep both had 1 articles in the media. Casper Sleep's average media sentiment score of 1.91 beat Purple Innovation's score of 0.00 indicating that Purple Innovation is being referred to more favorably in the news media.
Casper Sleep has a net margin of -16.24% compared to Casper Sleep's net margin of -26.97%. Casper Sleep's return on equity of -62.31% beat Purple Innovation's return on equity.
Summary
Purple Innovation beats Casper Sleep on 12 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRPL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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