Head to Head Analysis: Connexa Sports Technologies (YYAI) versus The Competition

Connexa Sports Technologies (NASDAQ:YYAI) is one of 18 public companies in the “Sporting & athletic goods, not elsewhere classified” industry, but how does it compare to its competitors? We will compare Connexa Sports Technologies to similar companies based on the strength of its analyst recommendations, profitability, valuation, risk, earnings, dividends and institutional ownership.

Risk and Volatility

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’ competitors have a beta of 1.49, meaning that their average share price is 49% more volatile than the S&P 500.

Profitability

This table compares Connexa Sports Technologies and its competitors’ 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	-89.12%	-180.70%	-28.96%

Valuation & Earnings

This table compares Connexa Sports Technologies and its competitors 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	$2.97 billion	$78.06 million	40.89

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

Institutional and Insider Ownership

4.0% of Connexa Sports Technologies shares are held by institutional investors. Comparatively, 46.7% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by institutional investors. 12.8% of Connexa Sports Technologies shares are held by company insiders. Comparatively, 22.2% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Connexa Sports Technologies and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Connexa Sports Technologies	0	0	0	0	N/A
Connexa Sports Technologies Competitors	75	480	719	8	2.51

As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 15.82%. Given Connexa Sports Technologies’ competitors higher possible upside, analysts clearly believe Connexa Sports Technologies has less favorable growth aspects than its competitors.

Summary

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

About Connexa Sports Technologies

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.