Free Trial

Purple Innovation (PRPL) Competitors

Purple Innovation logo
$0.76 -0.03 (-3.30%)
As of 12:32 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

PRPL vs. HBB, COOK, SNBR, BRLT, VIOT, GPRO, NTZ, UG, SHOT, and CPSH

Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include Hamilton Beach Brands (HBB), Traeger (COOK), Sleep Number (SNBR), Brilliant Earth Group (BRLT), Viomi Technology (VIOT), GoPro (GPRO), Natuzzi (NTZ), United-Guardian (UG), Safety Shot (SHOT), and CPS Technologies (CPSH). These companies are all part of the "consumer goods" industry.

Purple Innovation vs.

Purple Innovation (NASDAQ:PRPL) and Hamilton Beach Brands (NYSE:HBB) are both small-cap consumer staples companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, risk, valuation, profitability, dividends, earnings, community ranking and media sentiment.

Purple Innovation currently has a consensus price target of $1.25, indicating a potential upside of 66.89%. Given Purple Innovation's stronger consensus rating and higher possible upside, analysts plainly believe Purple Innovation is more favorable than Hamilton Beach Brands.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Purple Innovation
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Hamilton Beach Brands
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Purple Innovation has a beta of 2.37, meaning that its share price is 137% more volatile than the S&P 500. Comparatively, Hamilton Beach Brands has a beta of 0.71, meaning that its share price is 29% less volatile than the S&P 500.

Hamilton Beach Brands has a net margin of 4.06% compared to Purple Innovation's net margin of -21.34%. Hamilton Beach Brands' return on equity of 17.90% beat Purple Innovation's return on equity.

Company Net Margins Return on Equity Return on Assets
Purple Innovation-21.34% -84.67% -16.17%
Hamilton Beach Brands 4.06%17.90%6.87%

Purple Innovation received 133 more outperform votes than Hamilton Beach Brands when rated by MarketBeat users. Likewise, 67.27% of users gave Purple Innovation an outperform vote while only 52.88% of users gave Hamilton Beach Brands an outperform vote.

CompanyUnderperformOutperform
Purple InnovationOutperform Votes
298
67.27%
Underperform Votes
145
32.73%
Hamilton Beach BrandsOutperform Votes
165
52.88%
Underperform Votes
147
47.12%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Purple Innovation$487.88M0.17-$120.76M-$0.91-0.82
Hamilton Beach Brands$654.69M0.41$25.24M$2.238.95

In the previous week, Purple Innovation had 1 more articles in the media than Hamilton Beach Brands. MarketBeat recorded 4 mentions for Purple Innovation and 3 mentions for Hamilton Beach Brands. Purple Innovation's average media sentiment score of 1.39 beat Hamilton Beach Brands' score of 1.07 indicating that Purple Innovation is being referred to more favorably in the 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)
Positive
Hamilton Beach Brands
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

88.4% of Purple Innovation shares are held by institutional investors. Comparatively, 50.5% of Hamilton Beach Brands shares are held by institutional investors. 53.7% of Purple Innovation shares are held by insiders. Comparatively, 35.5% of Hamilton Beach Brands shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Purple Innovation beats Hamilton Beach Brands on 9 of the 17 factors compared between the two stocks.

Remove Ads
Get Purple Innovation News Delivered to You Automatically

Sign up to receive the latest news and ratings for PRPL and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

PRPL vs. The Competition

MetricPurple InnovationHousehold furniture IndustryStaples SectorNASDAQ Exchange
Market Cap$80.68M$473.74M$16.90B$8.00B
Dividend YieldN/A3.96%2.89%4.01%
P/E Ratio-0.7510.5716.3518.89
Price / Sales0.170.322.6592.98
Price / CashN/A8.0016.3934.64
Price / Book0.691.276.714.30
Net Income-$120.76M-$28.38M$731.75M$247.06M
7 Day Performance-14.44%-1.81%-0.02%-0.62%
1 Month Performance-11.80%-11.70%-2.19%-4.26%
1 Year Performance-56.95%-38.06%-1.58%0.61%

Purple Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRPL
Purple Innovation
2.7295 of 5 stars
$0.76
-3.3%
$1.25
+65.1%
-49.8%$81.97M$487.88M-0.761,800Analyst Forecast
Analyst Revision
Positive News
HBB
Hamilton Beach Brands
2.064 of 5 stars
$19.86
+6.0%
N/A-19.7%$268.41M$654.69M10.56700
COOK
Traeger
3.3906 of 5 stars
$1.80
+0.8%
$2.79
+55.2%
-33.9%$234.52M$604.07M-4.49880Positive News
Gap Up
SNBR
Sleep Number
2.9188 of 5 stars
$7.06
-3.9%
$12.00
+70.0%
-57.1%$158.07M$1.68B-3.905,120Short Interest ↓
Positive News
BRLT
Brilliant Earth Group
3.0167 of 5 stars
$1.47
-1.3%
$2.20
+49.7%
-45.6%$144.87M$426.98M49.02420
VIOT
Viomi Technology
1.7728 of 5 stars
$2.05
+9.0%
N/A+215.1%$139.86M$2.23B34.171,470Analyst Revision
News Coverage
Gap Up
GPRO
GoPro
3.7444 of 5 stars
$0.75
+5.5%
$1.50
+99.3%
-67.2%$116.46M$801.47M-0.26880Gap Up
High Trading Volume
NTZ
Natuzzi
0.491 of 5 stars
$4.36
-4.6%
N/A-21.3%$48.03M$328.02M0.003,587Upcoming Earnings
Analyst Forecast
Short Interest ↑
News Coverage
Positive News
UG
United-Guardian
1.8459 of 5 stars
$9.73
-2.5%
N/A+18.6%$44.70M$12.31M12.8020Earnings Report
Analyst Forecast
SHOT
Safety Shot
0.7362 of 5 stars
$0.51
+2.5%
N/A-81.7%$35.86M$652,495.000.0010Short Interest ↓
CPSH
CPS Technologies
1.3342 of 5 stars
$1.52
flat
N/A-14.9%$22.08M$21.94M-10.86100Analyst Forecast
Remove Ads

Related Companies and Tools


This page (NASDAQ:PRPL) was last updated on 3/28/2025 by MarketBeat.com Staff
From Our Partners