RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Purple Innovation Stock

Purple Innovation Market capitalization 2024

Purple Innovation Market capitalization

93.7 M USD

Ticker

PRPL

ISIN

US74640Y1064

WKN

A2JDGR

In 2024, Purple Innovation's market cap stood at 93.7 M USD, a -0.93% increase from the 94.58 M USD market cap in the previous year.

The Purple Innovation Market capitalization history

YEARMarket Capitalization (undefined USD)
20230.28
20220.42
20211.93
20200.73
20190.07
20180.07
20170.16
20160.19
20150.19

Purple Innovation Aktienanalyse

What does Purple Innovation do?

Purple Innovation Inc is an American company that was founded in Utah in 1989. Originally known as Comfortaire Corporation, the company produced air mattresses. In 2015, the name was changed to Purple Innovation Inc to emphasize the focus on developing innovative products. The company specializes in the production of mattresses and pillows. Purple Innovation mattresses are unique in their construction, consisting of a combination of polymer grid and foam. This provides excellent body support and a comfortable sleep surface. The company also offers a wide range of pillows, bedding, and other products to enhance the sleep experience. One of Purple Innovation's key business models is direct marketing. The company sells its products directly to consumers through the internet and other online sales channels. This allows the company to offer its products at a lower price than traditional retailers. By eliminating intermediaries, the company can also maintain control over product quality and reduce costs. The company has also formed partnerships with retailers and e-commerce platforms such as Amazon and Walmart. This allows the company to expand its reach and reach a wider customer base. In addition to mattresses and pillows, Purple Innovation has also developed a line of seat cushions. These cushions are made from the same polymer grid as the mattresses and provide a comfortable and supportive seating surface. These cushions are particularly practical for people who spend long periods of time sitting at a desk, such as office workers or gamers. Purple Innovation is also known for its innovative marketing strategy. The company uses humorous and crazy commercials to attract attention and appeal to customers. An example is the famous commercial with the "Goldie Test," in which actress and comedian Goldie Hawn jumps on a mattress made of polymer grid to demonstrate its quality. The company has also developed concepts in social responsibility. Purple Innovation aims to reduce its environmental impact. The company uses recycled materials to make its mattresses and pillows and promotes efficient production. In summary, Purple Innovation Inc is an innovative company specializing in the development and manufacture of mattresses, pillows, and seat cushions. Their unique polymer grid system provides comfort and support, creating a unique market niche. The company's direct marketing model allows for cost reduction and process control, while the use of online platforms and retailers expands the company's reach. With its humorous and crazy marketing campaigns, the company is also able to stand out from the competition and attract customer attention. Purple Innovation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Purple Innovation's Market Capitalization

Purple Innovation's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Purple Innovation's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Purple Innovation's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Purple Innovation’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Purple Innovation stock

What is the current Purple Innovation market capitalization?

The current market capitalization of Purple Innovation is 93.7 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Purple Innovation.

How has the market capitalization of Purple Innovation developed in recent years?

The market capitalization of Purple Innovation has increased/decreased by -0.93% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Purple Innovation?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Purple Innovation?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Purple Innovation have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Purple Innovation pay?

Over the past 12 months, Purple Innovation paid a dividend of 0 USD . This corresponds to a dividend yield of about 0.11 %. For the coming 12 months, Purple Innovation is expected to pay a dividend of 0 USD.

What is the dividend yield of Purple Innovation?

The current dividend yield of Purple Innovation is 0.11 %.

When does Purple Innovation pay dividends?

Purple Innovation pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Purple Innovation?

Purple Innovation paid dividends every year for the past 0 years.

What is the dividend of Purple Innovation?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0.11 %.

In which sector is Purple Innovation located?

Purple Innovation is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Purple Innovation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Purple Innovation from 7/1/2023 amounting to 0.001 USD, you needed to have the stock in your portfolio before the ex-date on 4/27/2023.

When did Purple Innovation pay the last dividend?

The last dividend was paid out on 7/1/2023.

What was the dividend of Purple Innovation in the year 2023?

In the year 2023, Purple Innovation distributed 0 USD as dividends.

In which currency does Purple Innovation pay out the dividend?

The dividends of Purple Innovation are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Purple Innovation

Our stock analysis for Purple Innovation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Purple Innovation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.