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FAQs
Purple Innovation (PRPL) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
Stock Price Forecast
What is the price forecast for PRPL stock? ›What are analysts forecasts for Purple Innovation stock? The 11 analysts offering price forecasts for Purple Innovation have a median target of 3.50, with a high estimate of 8.00 and a low estimate of 1.00. The median estimate represents a 43.71 difference from the last price of 1.53.
Is Purple Innovation a good stock to buy? ›Purple Innovation has a conensus rating of Moderate Buy which is based on 4 buy ratings, 2 hold ratings and 0 sell ratings. The average price target for Purple Innovation is $2.75. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
What is the target price for purple stock? ›The average one-year price target for Purple Innovation, Inc. is $3.534. The forecasts range from a low of $2.02 to a high of $8.4. A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.
What is the dividend for PRPL? ›The current TTM dividend payout for PURPLE INNOVATION, INC (PRPL) as of May 10, 2024 is $0.00. The current dividend yield for PURPLE INNOVATION, INC as of May 10, 2024 is 0.00%.
What is the price prediction for Purple Innovation? ›Purple Innovation Stock Forecast
The 4 analysts with 12-month price forecasts for Purple Innovation stock have an average target of 2.94, with a low estimate of 2.00 and a high estimate of 5.00. The average target predicts an increase of 101.37% from the current stock price of 1.46.
PRPL posted its Q3 FY23 results. The revenue for Q3 FY23 was $140 million, a decline of 2% compared to Q3 FY22. The major reasons for the decline were lower demand for home-related products due to the adverse market conditions and lower DTC revenue.
Who owns Purple Innovation? ›The ownership structure of Purple Innovation (PRPL) stock is a mix of institutional, retail and individual investors. Approximately 21.97% of the company's stock is owned by Institutional Investors, 48.28% is owned by Insiders and 29.75% is owned by Public Companies and Individual Investors.
What does Purple Innovations do? ›It designs, manufactures and sells a range of comfort innovations. The company offer products such as mattresses, pillows, seat cushions, bedding, bed frames, pet beds, sheets, mattress protectors and powerbase products.
Is Purple Group a good stock to buy? ›Purple Group seems like a high growth stock - so growth investors might want to add it to their watchlist.
Why did Purple stock crash? ›
During a quarter when it launched a new product suite, both top- and bottom-line results were disappointing. The company also cut guidance due to industry weakness. Management saw some promising signs in its brand launch in June.
Is target price buy or sell? ›Is TGT a Buy, Sell or Hold? Target has a conensus rating of Moderate Buy which is based on 19 buy ratings, 9 hold ratings and 0 sell ratings.
What does purple mean in stocks? ›Purple chips are the highest quality of the blue chip stocks. 2 Purple chips have seven years of EPS growth and market caps of greater than $1 billion. 2 Other factors such as return on equity, return on assets, net profit margin, and price to earnings growth are also considered.
How much dividend will I get? ›How do you calculate dividend yield? You can use Omni Calculator's dividend tool or follow these steps: Find out how much dividends per share the company pays annually. Divide such an amount by the stock price.
Will Purple Group pay dividends? ›As of today (2024-05-08), the Dividend Yield % of Purple Group is 0.00%. During the past 13 years, the highest Trailing Annual Dividend Yield of Purple Group was 6.19%.
Is Purple Group a buy? ›Purple Group seems like a high growth stock - so growth investors might want to add it to their watchlist. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). We like that insiders have been buying shares in the last twelve months.
What is the price prediction for Purple Biotech? ›The average price target for Purple Biotech is $10.00. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $10.00 ,the lowest forecast is $10.00.
What is the rating of PRPL stock analyst? ›Purple Innovation has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
What is the target price for Prim stock? ›The average price target for Primoris Services Corp. is $53.67. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.