Analysts who follow Purple Innovation Inc (PRPL) on average expect it to increase 7.37% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns Purple Innovation Inc an Analyst Ranking of 32, which means it ranks higher than 32 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating PRPL a Buy today. Find out what this means to you and get the rest of the rankings on PRPL!
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Purple Innovation Inc Stock Today?
Purple Innovation Inc (PRPL) stock is down -2.13% while the S&P 500 is higher by 0.07% as of 1:13 PM on Friday, Nov 18. PRPL has fallen -$0.11 from the previous closing price of $4.92 on volume of 281,523 shares. Over the past year the S&P 500 has fallen -16.05% while PRPL has fallen -61.93%. PRPL lost -$0.60 per share the over the last 12 months.
Click Here to get the full Stock Report for Purple Innovation Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
