PRPL RSI Chart
Last 7 days
-5.2%
Last 30 days
-3.9%
Last 90 days
-0.7%
Trailing 12 Months
-59.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 524.0M | 0 | 0 | 0 |
2023 | 540.0M | 516.8M | 513.9M | 513.4M |
2022 | 681.7M | 643.3M | 615.4M | 573.8M |
2021 | 712.5M | 730.0M | 713.7M | 725.0M |
2020 | 467.1M | 529.2M | 598.9M | 648.5M |
2019 | 308.7M | 335.9M | 382.5M | 428.4M |
2018 | 227.5M | 255.6M | 270.4M | 285.8M |
2017 | 0 | 0 | 0 | 196.9M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 25, 2024 | demartini robert | acquired | - | - | 166,667 | chief executive officer |
Mar 22, 2024 | ulrich george turner | bought | 6,060 | 1.5152 | 4,000 | principal accounting officer |
Mar 15, 2024 | haynor eric scott | acquired | - | - | 14,096 | chief operating officer |
Mar 15, 2024 | roddy jack | acquired | - | - | 22,164 | chief people officer |
Mar 15, 2024 | ulrich george turner | sold (taxes) | -5,954 | 1.56 | -3,817 | principal accounting officer |
Mar 15, 2024 | kerby jeffery scott | sold (taxes) | -4,915 | 1.56 | -3,151 | chief of owned retail |
Mar 15, 2024 | hutchings jeffrey layne | acquired | - | - | 11,235 | chief innovation officer |
Mar 15, 2024 | kerby jeffery scott | acquired | - | - | 9,185 | chief of owned retail |
Mar 15, 2024 | krausz keira | acquired | - | - | 11,644 | chief marketing officer |
Mar 15, 2024 | demartini robert | acquired | - | - | 56,528 | chief executive officer |
Which funds bought or sold PRPL recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | JANE STREET GROUP, LLC | added | 54.5 | 44,806 | 72,636 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -38.92 | 296 | 9,591 | -% |
May 15, 2024 | Voya Investment Management LLC | reduced | -31.73 | 4,043 | 30,408 | -% |
May 15, 2024 | AQR CAPITAL MANAGEMENT LLC | sold off | -100 | -231,437 | - | -% |
May 15, 2024 | CITADEL ADVISORS LLC | added | 324 | 218,333 | 253,708 | -% |
May 15, 2024 | GOLDMAN SACHS GROUP INC | reduced | -70.78 | -115,190 | 112,259 | -% |
May 15, 2024 | Royal Bank of Canada | reduced | -92.46 | -15,000 | 2,000 | -% |
May 15, 2024 | WEXFORD CAPITAL LP | sold off | -100 | -19,900 | - | -% |
May 15, 2024 | STATE STREET CORP | added | 1.02 | 879,761 | 2,124,840 | -% |
May 15, 2024 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | reduced | -7.81 | 183,700 | 513,300 | 0.01% |
Unveiling Purple Innovation Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Purple Innovation Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HD | 341.2B | 152.7B | 22.53 | 2.24 | ||||
LOW | 132.3B | 86.4B | 17.12 | 1.53 | ||||
DHI | 49.9B | 37.1B | 10.05 | 1.35 | ||||
NVR | 24.0B | 9.7B | 14.63 | 2.48 | ||||
FND | 12.7B | 4.4B | 56.7 | 2.9 | ||||
MID-CAP | ||||||||
MHK | 7.7B | 11.0B | -18.54 | 0.7 | ||||
IBP | 6.0B | 2.8B | 24.08 | 2.14 | ||||
WHR | 5.0B | 19.3B | 12.43 | 0.26 | ||||
CVCO | 3.1B | 1.9B | 18.29 | 1.69 | ||||
CCS | 2.8B | 3.9B | 9.69 | 0.72 | ||||
LEG | 1.6B | 4.6B | -10.2 | 0.35 | ||||
SMALL-CAP | ||||||||
AMWD | 1.5B | 1.9B | 12.72 | 0.81 | ||||
BZH | 907.0M | 2.1B | 5.65 | 0.42 | ||||
BSET | 123.6M | 369.0M | -21.28 | 0.33 | ||||
CRWS | 53.0M | 86.7M | 11.24 | 0.61 |
Purple Innovation Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -16.1% | 120,033,000 | 143,118,500 | 139,996,000 | 120,872,000 | 109,372,000 | 143,675,500 | 142,867,000 | 144,109,000 | 143,179,000 | 185,203,000 | 170,781,000 | 182,586,000 | 186,429,000 | 173,889,000 | 187,111,000 | 165,096,000 | 122,375,000 | 124,300,000 | 117,406,000 | 103,004,000 | 83,648,000 |
Cost Of Revenue | -19.7% | 78,313,000 | 97,472,000 | 92,687,000 | 82,408,000 | 66,149,000 | 94,393,000 | 83,867,000 | 95,297,000 | 91,553,000 | 121,748,000 | 109,701,000 | 100,899,000 | - | 221,799,000 | - | - | - | - | - | - | - |
Gross Profit | -8.6% | 41,720,000 | 45,646,500 | 47,309,000 | 38,464,000 | 43,223,000 | 49,282,500 | 59,000,000 | 48,812,000 | 51,626,000 | 63,455,000 | 61,080,000 | 81,687,000 | 87,524,000 | 82,030,000 | 88,254,000 | 81,631,000 | 53,182,000 | 59,236,000 | 52,883,000 | 42,783,000 | 34,069,000 |
Operating Expenses | 0.3% | 64,856,000 | 64,660,000 | 79,923,000 | 75,741,000 | 65,212,000 | 61,855,000 | 58,100,000 | 60,900,000 | 69,990,000 | 95,817,000 | 67,662,000 | 84,228,000 | 70,617,000 | 74,534,000 | 63,980,000 | 49,680,000 | 45,677,000 | 56,471,000 | 41,870,000 | 45,144,000 | 29,272,000 |
S&GA Expenses | -7.7% | 41,462,000 | 44,945,000 | 52,816,000 | 46,379,000 | 38,173,000 | 38,049,000 | 37,007,000 | 40,373,000 | 49,959,000 | 76,237,000 | 48,841,000 | 59,844,000 | 54,368,000 | 60,678,000 | 51,206,000 | 39,423,000 | 36,684,000 | 47,936,000 | 34,055,000 | 35,967,000 | 24,017,000 |
R&D Expenses | 26.5% | 3,666,000 | 2,897,000 | 2,704,000 | 2,925,000 | 3,372,000 | 2,937,000 | 1,927,000 | 1,748,000 | 2,143,000 | 1,509,000 | 1,784,000 | 1,923,000 | 1,723,000 | 1,243,000 | 1,687,000 | 1,580,000 | 1,445,000 | 860,000 | 1,070,000 | 1,244,000 | 690,000 |
EBITDA Margin | 6.0% | -0.17 | -0.18 | 0.27 | 0.26 | 0.25 | 0.25 | -0.05 | -0.06 | -0.03 | 0.02 | -0.06 | -0.18 | -0.37 | -0.40 | -0.35 | -0.22 | 0.02 | -0.05 | -0.03 | -0.04 | -0.04 |
Interest Expenses | 446.3% | 4,474,000 | 819,000 | 594,000 | 352,000 | 202,000 | 1,089,000 | 717,000 | 707,000 | 1,023,000 | 1,862,000 | 10,000 | 569,000 | 570,000 | 5,886,000 | -1,232,000 | 1,424,000 | 1,389,000 | 1,379,000 | 1,356,000 | 1,301,000 | 1,144,000 |
Income Taxes | 138.3% | 59,000 | -154,000 | 18,000 | 72,000 | 72,000 | 220,040,000 | -720,000 | -4,175,000 | -1,811,000 | -2,527,000 | -2,479,000 | -1,167,000 | 4,651,000 | -7,931,000 | -106,000 | -35,428,000 | -284,000 | - | - | - | - |
Earnings Before Taxes | -Infinity% | -50,209,000 | - | - | - | -25,980,000 | 146,823,000 | 1,650,000 | -12,585,000 | -15,442,000 | -25,207,000 | -352,000 | 1,395,000 | 25,590,000 | -81,436,000 | -87,266,000 | -132,544,000 | 27,717,000 | -30,875,000 | 8,411,000 | -7,341,000 | -720,000 |
EBT Margin | 2.0% | -0.23 | -0.24 | 0.21 | 0.21 | 0.20 | 0.21 | -0.08 | -0.08 | -0.06 | 0.00 | -0.08 | -0.19 | -0.39 | -0.42 | -0.37 | -0.24 | 0.00 | -0.07 | -0.05 | -0.06 | -0.06 |
Net Income | -176.1% | -50,217,000 | -18,190,000 | -36,004,000 | -40,654,000 | -26,052,000 | -71,558,500 | 1,956,000 | -8,736,000 | -14,234,000 | -22,508,500 | 2,171,000 | 2,562,000 | 20,939,000 | -73,414,000 | -87,013,000 | -93,275,000 | 16,835,000 | -19,402,500 | 1,594,000 | -7,341,000 | -720,000 |
Net Income Margin | -17.5% | -0.28 | -0.24 | -0.34 | -0.26 | -0.19 | -0.16 | -0.07 | -0.07 | -0.05 | 0.00 | -0.07 | -0.19 | -0.33 | -0.37 | -0.31 | -0.18 | -0.02 | -0.06 | -0.01 | -0.02 | -0.01 |
Free Cashflow | -343.5% | -19,852,000 | -4,476,000 | -21,081,000 | -27,050,000 | -16,446,000 | -2,253,000 | 15,141,000 | -20,125,000 | -56,912,000 | -44,827,000 | -25,321,000 | 6,983,000 | -21,676,000 | -19,827,000 | 8,870,000 | 69,120,000 | -4,784,000 | 2,234,000 | 11,174,000 | 8,235,000 | -9,222,000 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -2.2% | 382 | 391 | 398 | 401 | 437 | 433 | 687 | 625 | 641 | 642 | 598 | 579 | 567 | 555 | 443 | 303 | 138 | 148 | 126 | 100 | 84.00 |
Current Assets | 1.4% | 144 | 142 | 142 | 138 | 169 | 161 | 195 | 168 | 210 | 230 | 208 | 217 | 218 | 229 | 181 | 162 | 98.00 | 114 | 98.00 | 74.00 | 60.00 |
Cash Equivalents | 28.4% | 34.00 | 27.00 | 27.00 | 27.00 | 55.00 | 42.00 | 59.00 | 41.00 | 63.00 | 92.00 | 84.00 | 110 | 104 | 123 | 98.00 | 95.00 | 26.00 | 33.00 | 31.00 | 20.00 | 12.00 |
Inventory | 7.7% | 72.00 | 67.00 | 72.00 | 78.00 | 88.00 | 73.00 | 91.00 | 85.00 | 106 | 99.00 | 84.00 | 65.00 | 63.00 | 66.00 | 51.00 | 40.00 | 42.00 | 48.00 | 35.00 | 25.00 | 25.00 |
Net PPE | -4.8% | 122 | 129 | 130 | 131 | 134 | 137 | 137 | 128 | 120 | 113 | 101 | 87.00 | 74.00 | 61.00 | 45.00 | 38.00 | 36.00 | 32.00 | 26.00 | 24.00 | 23.00 |
Goodwill | - | - | - | - | 5.00 | 5.00 | 5.00 | 6.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Liabilities | 15.1% | 316 | 275 | 265 | 223 | 223 | 258 | 438 | 406 | 415 | 496 | 433 | 418 | 409 | 487 | 401 | 286 | 123 | 176 | 118 | 103 | 87.00 |
Current Liabilities | -13.6% | 96.00 | 111 | 102 | 92.00 | 90.00 | 98.00 | 109 | 88.00 | 111 | 142 | 133 | 120 | 115 | 132 | 114 | 111 | 68.00 | 87.00 | 68.00 | 56.00 | 47.00 |
Long Term Debt | 55.9% | 42.00 | 27.00 | 22.00 | - | - | 24.00 | - | - | - | - | - | - | - | - | - | 38.00 | 37.00 | 35.00 | 35.00 | 34.00 | 33.00 |
LT Debt, Non Current | -100.0% | - | 27.00 | 22.00 | - | - | 24.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | -43.1% | 66.00 | 115 | 132 | 168 | 208 | 174 | 246 | 217 | 225 | 146 | 165 | 162 | 158 | 68.00 | 42.00 | 17.00 | 15.00 | - | 8.00 | 5.00 | - |
Retained Earnings | -10.6% | -526 | -475 | -457 | -412 | -374 | -355 | -281 | -283 | -275 | -261 | -240 | -242 | -245 | -265 | -2.52 | -1.49 | 0.00 | -28.99 | -4.20 | -5.79 | -4.45 |
Additional Paid-In Capital | 0.1% | 592 | 591 | 590 | 589 | 588 | 529 | 529 | 502 | 501 | 408 | 404 | 403 | 402 | 333 | 44.00 | 21.00 | 6.00 | 3.00 | 6.00 | 10.00 | 4.00 |
Shares Outstanding | 2.3% | 106 | 104 | 105 | - | 98.00 | 82.00 | 86.00 | - | - | 66.00 | 66.00 | 66.00 | 65.00 | 39.00 | 32.00 | 26.00 | 23.00 | 10.00 | 9.00 | 8.00 | 8.00 |
Minority Interest | -9.7% | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | -1.63 | 9.00 | -2.38 | 6.00 | -7.94 | -1.94 |
Float | - | - | - | - | 154 | - | - | - | 128 | - | - | - | 1,537 | - | - | - | 482 | - | - | - | 36.00 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -1567.2% | -16,814 | 1,146 | -17,755 | -24,550 | -13,503 | 1,701 | 22,330 | -8,523 | -44,281 | -31,035 | -11,337 | 20,860 | -9,391 | -6,143 | 15,054 | 72,610 | -264 | 7,036 | 13,695 | 10,439 | -8,290 |
Share Based Compensation | -54.6% | 492 | 1,083 | 938 | 1,661 | 1,192 | 754 | 795 | 1,275 | 542 | 1,009 | 765 | 1,113 | 479 | 626 | 347 | 962 | 250 | 323 | 2,934 | 6,733 | 73.00 |
Cashflow From Investing | 47.3% | -3,100 | -5,878 | -4,360 | -2,725 | -3,098 | -4,090 | -4,356 | -12,977 | -13,078 | -15,561 | -15,051 | -14,093 | -12,354 | -14,055 | -14,639 | -3,597 | -6,848 | -4,876 | -2,646 | -2,261 | -996 |
Cashflow From Financing | 452.6% | 27,534 | 4,983 | 21,772 | -306 | 29,377 | -15,000 | - | -29.00 | 28,441 | 54,596 | -77.00 | -501 | 2,605 | 45,198 | 2,138 | 11.00 | 12.00 | 25.00 | -11.00 | -105 | 9,236 |
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenues, net | $ 120,033 | $ 106,727 |
Cost of revenues | 78,313 | 66,149 |
Gross profit | 41,720 | 40,578 |
Operating expenses: | ||
Marketing and sales | 41,462 | 38,173 |
General and administrative | 19,728 | 23,667 |
Research and development | 3,666 | 3,372 |
Total operating expenses | 64,856 | 65,212 |
Operating loss | (23,136) | (24,634) |
Other income (expense): | ||
Interest expense | (4,474) | (202) |
Other income, net | 4,394 | 73 |
Loss on extinguishment of debt | (3,394) | (1,217) |
Change in fair value – warrant liabilities | (23,599) | |
Total other expense, net | (27,073) | (1,346) |
Net loss before income taxes | (50,209) | (25,980) |
Income tax benefit (expense) | (59) | (72) |
Net loss | (50,268) | (26,052) |
Net loss attributable to noncontrolling interest | (51) | (119) |
Net loss attributable to Purple Innovation, Inc. | $ (50,217) | $ (25,933) |
Net loss per share: | ||
Basic (in Dollars per share) | $ (0.47) | $ (0.26) |
Diluted (in Dollars per share) | $ (0.47) | $ (0.26) |
Weighted average common shares outstanding: | ||
Basic (in Shares) | 106,022 | 98,404 |
Diluted (in Shares) | 106,022 | 98,852 |
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 34,477 | $ 26,857 |
Accounts receivable, net | 27,742 | 37,802 |
Inventories | 72,028 | 66,878 |
Prepaid expenses | 8,480 | 8,536 |
Other current assets | 1,069 | 1,737 |
Total current assets | 143,796 | 141,810 |
Property and equipment, net | 122,468 | 128,661 |
Operating lease right-of-use assets | 92,643 | 95,767 |
Intangible assets, net | 21,206 | 22,196 |
Other long-term assets | 2,015 | 2,191 |
Total assets | 382,128 | 390,625 |
Current liabilities: | ||
Accounts payable | 39,948 | 49,831 |
Accrued compensation | 9,788 | 5,064 |
Customer prepayments | 3,994 | 5,718 |
Accrued rebates and allowances | 8,526 | 13,243 |
Accrued warranty liabilities – current portion | 8,644 | 9,793 |
Operating lease obligations – current portion | 14,986 | 14,843 |
Other current liabilities | 10,020 | 12,490 |
Total current liabilities | 95,906 | 110,982 |
Debt, net of current portion | 41,941 | 26,909 |
Accrued warranty liabilities, net of current portion | 27,315 | 25,798 |
Operating lease obligations, net of current portion | 105,618 | 109,094 |
Warrant liabilities | 43,170 | |
Other long-term liabilities | 2,462 | 2,235 |
Total liabilities | 316,412 | 275,018 |
Commitments and contingencies (Note 13) | ||
Stockholders’ equity: | ||
Additional paid-in capital | 591,724 | 591,380 |
Accumulated deficit | (526,186) | (475,969) |
Total stockholders’ equity attributable to Purple Innovation, Inc. | 65,549 | 115,422 |
Noncontrolling interest | 167 | 185 |
Total stockholders’ equity | 65,716 | 115,607 |
Total liabilities and stockholders’ equity | 382,128 | 390,625 |
Class A Common Stock | ||
Stockholders’ equity: | ||
Common stock; value | 11 | 11 |
Class B Common Stock | ||
Stockholders’ equity: | ||
Common stock; value |