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Purple Innovation (PRPL) Competitors

$1.48
-0.01 (-0.67%)
(As of 05/17/2024 08:54 PM ET)

PRPL vs. HFFG, VFF, FLXS, CDZI, HOFT, ALCO, FREE, TDUP, TUP, and BRID

Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include HF Foods Group (HFFG), Village Farms International (VFF), Flexsteel Industries (FLXS), Cadiz (CDZI), Hooker Furnishings (HOFT), Alico (ALCO), Whole Earth Brands (FREE), ThredUp (TDUP), Tupperware Brands (TUP), and Bridgford Foods (BRID).

Purple Innovation vs.

Purple Innovation (NASDAQ:PRPL) and HF Foods Group (NASDAQ:HFFG) are both small-cap consumer staples companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, media sentiment, community ranking, valuation, earnings, institutional ownership and dividends.

88.4% of Purple Innovation shares are held by institutional investors. Comparatively, 24.0% of HF Foods Group shares are held by institutional investors. 54.3% of Purple Innovation shares are held by insiders. Comparatively, 7.0% of HF Foods Group shares are held 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 beta of 1.96, meaning that its stock price is 96% more volatile than the S&P 500. Comparatively, HF Foods Group has a beta of 1.79, meaning that its stock price is 79% more volatile than the S&P 500.

Purple Innovation presently has a consensus price target of $3.95, indicating a potential upside of 166.89%. Given Purple Innovation's higher probable upside, equities research analysts plainly believe Purple Innovation is more favorable than HF Foods Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Purple Innovation
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
HF Foods Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Purple Innovation received 289 more outperform votes than HF Foods Group when rated by MarketBeat users. Likewise, 67.73% of users gave Purple Innovation an outperform vote while only 42.86% of users gave HF Foods Group an outperform vote.

CompanyUnderperformOutperform
Purple InnovationOutperform Votes
298
67.73%
Underperform Votes
142
32.27%
HF Foods GroupOutperform Votes
9
42.86%
Underperform Votes
12
57.14%

In the previous week, Purple Innovation had 2 more articles in the media than HF Foods Group. MarketBeat recorded 4 mentions for Purple Innovation and 2 mentions for HF Foods Group. HF Foods Group's average media sentiment score of 0.32 beat Purple Innovation's score of -0.09 indicating that HF Foods Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Purple Innovation
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
HF Foods Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

HF Foods Group has a net margin of 0.27% compared to Purple Innovation's net margin of -26.97%. HF Foods Group's return on equity of 7.62% beat Purple Innovation's return on equity.

Company Net Margins Return on Equity Return on Assets
Purple Innovation-26.97% -62.31% -19.50%
HF Foods Group 0.27%7.62%3.63%

HF Foods Group has higher revenue and earnings than Purple Innovation. Purple Innovation is trading at a lower price-to-earnings ratio than HF Foods Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Purple Innovation$523.85M0.30-$120.76M-$1.34-1.10
HF Foods Group$1.15B0.14-$2.17M$0.0559.40

Summary

Purple Innovation beats HF Foods Group on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This 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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PRPL vs. The Competition

MetricPurple InnovationHousehold furniture IndustryStaples SectorNASDAQ Exchange
Market Cap$159.37M$1.37B$15.50B$7.98B
Dividend YieldN/A4.93%2.76%3.91%
P/E Ratio-1.1025.4120.9918.77
Price / Sales0.300.545.1085.85
Price / CashN/A8.9234.8631.98
Price / Book2.434.416.334.64
Net Income-$120.76M$44.81M$579.80M$217.28M
7 Day Performance-3.90%0.32%0.39%2.90%
1 Month Performance0.68%-4.62%6.34%6.66%
1 Year Performance-57.10%4.51%6.12%9.89%

Purple Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HFFG
HF Foods Group
0 of 5 stars
$3.01
-0.3%
N/A-20.8%$157.00M$1.15B60.201,049
VFF
Village Farms International
2.1535 of 5 stars
$1.31
+0.8%
$1.48
+12.6%
+85.3%$144.43M$299.02M-5.241,400Gap Up
FLXS
Flexsteel Industries
3.2587 of 5 stars
$34.05
+0.7%
N/A+99.9%$175.70M$393.69M11.541,700Short Interest ↑
CDZI
Cadiz
0.6941 of 5 stars
$2.64
+5.2%
N/A-34.0%$178.12M$1.99M-4.7118Gap Up
HOFT
Hooker Furnishings
4.2522 of 5 stars
$18.60
flat
N/A+13.1%$198.83M$433.23M20.441,203Positive News
ALCO
Alico
1.028 of 5 stars
$27.30
+1.1%
N/A+17.4%$208.03M$39.85M5.20194Positive News
FREE
Whole Earth Brands
0 of 5 stars
$4.82
-0.2%
N/A+57.5%$208.22M$550.91M-7.42590
TDUP
ThredUp
2.5693 of 5 stars
$1.99
-3.4%
$3.33
+67.5%
-24.7%$219.42M$322.02M-3.112,377Gap Up
TUP
Tupperware Brands
0.2984 of 5 stars
$2.05
+15.9%
N/A+194.9%$95.15M$1.31B0.006,600Gap Up
High Trading Volume
BRID
Bridgford Foods
0 of 5 stars
$10.34
-0.4%
N/A-16.5%$93.92M$251.64M24.06671Upcoming Earnings

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This page (NASDAQ:PRPL) was last updated on 5/20/2024 by MarketBeat.com Staff

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