In today’s recent session, 0.47 million shares of the Purple Innovation Inc (NASDAQ:PRPL) have been traded, and its beta is 1.52. Most recently the company’s share price was $0.70, and it changed around $0.04 or 4.79% from the last close, which brings the market valuation of the company to $75.36M. PRPL at last check was trading at a discount to its 52-week high of $1.75, offering almost -150.0% off that amount. The share price’s 52-week low was $0.56, which indicates that the recent value has risen by an impressive 20.0% since then.
Purple Innovation Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.43. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 6 recommended PRPL as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Purple Innovation Inc (NASDAQ:PRPL) trade information
Instantly PRPL has been showing a green trend so far today with a performance of 4.79% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.7416 on recent trading dayincreased the stock’s daily price by 5.61%. The company’s shares are currently down -10.86% year-to-date, but still up 5.03% over the last five days. On the other hand, Purple Innovation Inc (NASDAQ:PRPL) is 4.21% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to increase their stock price by 53.33% from its current value. Analyst projections state that PRPL is forecast to be at a low of $1.1 and a high of $6.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 16.53%. Purple Innovation Inc earnings are expected to increase by 42.89% in 2025, but the outlook is positive 36.77% per year for the next five years.
PRPL Dividends
Purple Innovation Inc’s next quarterly earnings report is expected to be released in June.
NO STREET GP LP, with 7.2027% or 7.74 million shares worth $8.05 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
WASATCH FUNDS TRUST-Wasatch Micro Cap Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.78 shares worth $1.92 million, making up 2.57% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 1.65 shares worth around $1.14 million, which represents about 1.52% of the total shares outstanding.
