Contrasting Connexa Sports Technologies (YYAI) & The Competition

Connexa Sports Technologies (NASDAQ:YYAI) is one of 19 publicly-traded companies in the “Sporting & athletic goods, not elsewhere classified” industry, but how does it compare to its rivals? We will compare Connexa Sports Technologies to related businesses based on the strength of its institutional ownership, risk, earnings, dividends, analyst recommendations, profitability and valuation.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Connexa Sports Technologies and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Connexa Sports Technologies	0	0	0	0	N/A
Connexa Sports Technologies Competitors	76	492	739	8	2.52

As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 13.78%. Given Connexa Sports Technologies’ rivals higher possible upside, analysts plainly believe Connexa Sports Technologies has less favorable growth aspects than its rivals.

Valuation & Earnings

This table compares Connexa Sports Technologies and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Connexa Sports Technologies	$5.98 million	-$15.64 million	-0.01
Connexa Sports Technologies Competitors	$3.01 billion	$70.67 million	34.75

Connexa Sports Technologies’ rivals have higher revenue and earnings than Connexa Sports Technologies. Connexa Sports Technologies is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Connexa Sports Technologies has a beta of -1.78, meaning that its share price is 278% less volatile than the S&P 500. Comparatively, Connexa Sports Technologies’ rivals have a beta of 1.55, meaning that their average share price is 55% more volatile than the S&P 500.

Profitability

This table compares Connexa Sports Technologies and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Connexa Sports Technologies	-565.12%	-1,557.21%	-187.79%
Connexa Sports Technologies Competitors	-83.83%	-165.14%	-26.25%

Institutional & Insider Ownership

4.0% of Connexa Sports Technologies shares are owned by institutional investors. Comparatively, 49.9% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are owned by institutional investors. 12.8% of Connexa Sports Technologies shares are owned by company insiders. Comparatively, 20.4% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Connexa Sports Technologies rivals beat Connexa Sports Technologies on 10 of the 10 factors compared.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc. engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc. is based in Windsor Mill, Maryland.