PRPL vs. CSPR, SNBR, HOFT, FLXS, NTZ, NVFY, KBAL, TPX, CODI, and LZB
Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include Casper Sleep (CSPR), Sleep Number (SNBR), Hooker Furnishings (HOFT), Flexsteel Industries (FLXS), Natuzzi (NTZ), Nova LifeStyle (NVFY), Kimball International (KBAL), Tempur Sealy International (TPX), Compass Diversified (CODI), and La-Z-Boy (LZB).
Casper Sleep (NYSE:CSPR) and Purple Innovation (NASDAQ:PRPL) are both small-cap retail/wholesale companies, but which is the better business? We will contrast the two businesses based on the strength of their community ranking, valuation, dividends, earnings, media sentiment, analyst recommendations, profitability, institutional ownership and risk.
64.0% of Casper Sleep shares are held by institutional investors. Comparatively, 88.4% of Purple Innovation shares are held by institutional investors. 32.1% of Casper Sleep shares are held by company insiders. Comparatively, 54.3% of Purple Innovation shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Casper Sleep has a net margin of -16.24% compared to Casper Sleep's net margin of -26.97%. Casper Sleep's return on equity of -62.31% beat Purple Innovation's return on equity.
Purple Innovation received 261 more outperform votes than Casper Sleep when rated by MarketBeat users. Likewise, 67.73% of users gave Purple Innovation an outperform vote while only 55.22% of users gave Casper Sleep an outperform vote.
Casper Sleep has a beta of 1.98, indicating that its share price is 98% more volatile than the S&P 500. Comparatively, Purple Innovation has a beta of 1.96, indicating that its share price is 96% more volatile than the S&P 500.
In the previous week, Casper Sleep had 1 more articles in the media than Purple Innovation. MarketBeat recorded 2 mentions for Casper Sleep and 1 mentions for Purple Innovation. Casper Sleep's average media sentiment score of 1.91 beat Purple Innovation's score of 0.00 indicating that Purple Innovation is being referred to more favorably in the news media.
Casper Sleep has higher earnings, but lower revenue than Purple Innovation. Casper Sleep is trading at a lower price-to-earnings ratio than Purple Innovation, indicating that it is currently the more affordable of the two stocks.
Purple Innovation has a consensus target price of $3.95, indicating a potential upside of 216.00%. Given Casper Sleep's higher probable upside, analysts clearly believe Purple Innovation is more favorable than Casper Sleep.
Summary
Purple Innovation beats Casper Sleep on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRPL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
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