Financial Survey: Connexa Sports Technologies (YYAI) vs. Its Peers

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 rivals? We will compare Connexa Sports Technologies to related companies based on the strength of its profitability, analyst recommendations, institutional ownership, valuation, risk, dividends and earnings.

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	-89.12%	-180.70%	-28.96%

Analyst Ratings

This is a breakdown of current recommendations for Connexa Sports Technologies and its rivals, as reported 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	75	480	719	8	2.51

As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 15.86%. Given Connexa Sports Technologies’ rivals higher probable upside, analysts clearly believe Connexa Sports Technologies has less favorable growth aspects than its rivals.

Insider & Institutional 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 insiders. Comparatively, 22.0% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Connexa Sports Technologies and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Connexa Sports Technologies	$8.40 million	-$15.64 million	-0.01
Connexa Sports Technologies Competitors	$2.98 billion	$78.06 million	42.13

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.

Risk and Volatility

Connexa Sports Technologies has a beta of -1.78, indicating that its stock price is 278% less volatile than the S&P 500. Comparatively, Connexa Sports Technologies’ rivals have a beta of 1.49, indicating that their average stock price is 49% more volatile than the S&P 500.

Summary

Connexa Sports Technologies rivals 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.