Casey McGarvey - Purple Innovation Chief Legal Officer
| PRPL Stock | USD 0.95 0.07 7.95% |
Executive
Mr. Casey K. McGarvey is Chief Legal Officer and Secretary of the Company. He has served as the Chief Legal Officer and General Counsel of Purple LLC since its inception in 2010 as WonderGel, LLC. He also has served as General Counsel of various technology companies owned by Terry and Tony Pearce, including EdiZONE, LLC, focused on developing advanced cushioning technology. Prior to joining EdiZONE and Purple LLC, Mr. McGarvey was a shareholder, partner or of counsel at several law firms since 2019.
| Age | 64 |
| Tenure | 5 years |
| Address | 4100 North Chapel Ridge Road, Lehi, UT, United States, 84043 |
| Phone | 801 756 2600 |
| Web | https://purple.com |
Purple Innovation Management Efficiency
The company has return on total asset (ROA) of (0.1219) % which means that it has lost $0.1219 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.3409) %, meaning that it created substantial loss on money invested by shareholders. Purple Innovation's management efficiency ratios could be used to measure how well Purple Innovation manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.31 this year. Return On Capital Employed is expected to rise to -0.39 this year. At this time, Purple Innovation's Net Tangible Assets are quite stable compared to the past year. Intangible Assets is expected to rise to about 23.3 M this year, although the value of Total Current Assets will most likely fall to about 101.9 M.Similar Executives
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Management Performance
| Return On Equity | -1.34 | ||||
| Return On Asset | -0.12 |
Purple Innovation Leadership Team
Elected by the shareholders, the Purple Innovation's board of directors comprises two types of representatives: Purple Innovation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Purple. The board's role is to monitor Purple Innovation's management team and ensure that shareholders' interests are well served. Purple Innovation's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Purple Innovation's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John IV, Chief Officer | ||
| Jeff Hutchings, Chief Officer | ||
| Todd CPA, Chief Officer | ||
| Verdi III, Chief Officer | ||
| Robert DeMartini, CEO Director | ||
| Casey McGarvey, Chief Legal Officer | ||
| Keira Krausz, Chief Officer | ||
| Tanya Sestak, Senior Operations | ||
| George Ulrich, Vice Reporting | ||
| Scott Askew, Deputy Counsel | ||
| Jeffrey Hutchings, Chief Officer | ||
| Tricia Thompkins, Chief Secretary | ||
| Eric Haynor, Chief Officer | ||
| Misty Bond, Director Communications | ||
| Bennett Nussbaum, Interim Treasurer | ||
| Jeffery Kerby, Chief Officer | ||
| Todd Vogensen, Chief Officer | ||
| Jodi Deputy, Head People |
Purple Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Purple Innovation a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -1.34 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.21) % | ||||
| Operating Margin | (0.13) % | ||||
| Current Valuation | 224.04 M | ||||
| Shares Outstanding | 107.52 M | ||||
| Shares Owned By Insiders | 4.44 % | ||||
| Shares Owned By Institutions | 74.72 % | ||||
| Number Of Shares Shorted | 3.61 M | ||||
| Price To Earning | 63.13 X |
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Is Household Appliances space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Purple Innovation. If investors know Purple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Purple Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.60) | Earnings Share (1.02) | Revenue Per Share 4.734 | Quarterly Revenue Growth (0.15) | Return On Assets (0.12) |
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Purple Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purple Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purple Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.