Critical Contrast: Connexa Sports Technologies (YYAI) and Its Peers

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 earnings, risk, analyst recommendations, valuation, institutional ownership, dividends and profitability.

Risk and Volatility

Connexa Sports Technologies has a beta of -1.49, meaning that its stock price is 249% less volatile than the S&P 500. Comparatively, Connexa Sports Technologies’ rivals have a beta of 1.51, meaning that their average stock price is 51% 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	-83.71%	-164.79%	-26.14%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Connexa Sports Technologies	$8.40 million	-$15.64 million	-0.01
Connexa Sports Technologies Competitors	$3.01 billion	$70.67 million	17.45

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.

Institutional and Insider Ownership

4.0% of Connexa Sports Technologies shares are held by institutional investors. Comparatively, 49.9% 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, 20.2% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and target prices 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	503	739	8	2.51

As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 21.14%. Given Connexa Sports Technologies’ rivals higher probable upside, analysts plainly believe Connexa Sports Technologies has less favorable growth aspects than its rivals.

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.