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

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

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Connexa Sports Technologies and its peers, 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 15.82%. Given Connexa Sports Technologies’ peers higher possible upside, analysts clearly believe Connexa Sports Technologies has less favorable growth aspects than its peers.

Insider and Institutional Ownership

4.0% of Connexa Sports Technologies shares are owned by institutional investors. Comparatively, 46.7% 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, 22.2% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Connexa Sports Technologies and its peers’ 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%

Earnings & Valuation

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

Volatility & Risk

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

Summary

Connexa Sports Technologies peers 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.