Purple Innovation Stock Price and Value Analysis

Should you buy Purple Innovation stock? (NasdaqCM:PRPL). Let's see how it does in our automated value investing analysis system.

PRPL Free Cash Flow Trend

Free Cash Flow trendline for PRPL
Free Cash Flow trendline for Purple Innovation

Hmm, we can't give any reliable projection for Purple Innovation's growth rate. The company either has too few years of historical data for us to examine, or it's in the habit of losing money.

None of this means it's a bad stock. Maybe it's new and growing quickly, or maybe it's turning things around. We can't say anything sensible about it, so we won't say it's obviously undervalued right now. Proceed at your own risk!

AdvantagesDisadvantagesNeutral
  • This company has fluctuating growth.
  • This stock looks overpriced.
  • This company is less known than others.
  • This company is not making money.
  • This company pays no dividend.

Inside the PRPL Numbers

PRPL Price
(Purple Innovation stock price per share)
$31.41
[?] PE Ratio versus Sector 2721% higher than other Consumer Goods stocks
[?] PE Ratio versus Industry 2943% higher than other Home Furnishings & Fixtures stocks
[?] Free Cash Flow Jitter 27%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 3,758,213 shares shorted. With 47,097,600 shares available for purchase and an average trading volume over the past 10 trading days of 726,100, it would take at least 5.176 days for all of the short holders to cover their shorts.

Is Purple Innovation Stock on Sale?

Based on our analysis, we believe that you should not buy Purple Innovation right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy PRPL Stock?

Does Purple Innovation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.