Connexa Sports Technologies (NASDAQ:YYAI – Get Free Report) 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 analyst recommendations, profitability, earnings, institutional ownership, valuation, dividends and risk.
Volatility and Risk
Connexa Sports Technologies has a beta of -1.5, meaning that its share price is 250% less volatile than the S&P 500. Comparatively, Connexa Sports Technologies’ rivals have a beta of 1.51, meaning that their average share price is 51% more volatile than the S&P 500.
Valuation & Earnings
This table compares Connexa Sports Technologies and its rivals gross 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 | 17.80 |
Analyst Ratings
This is a summary of recent ratings and recommmendations for Connexa Sports Technologies and its rivals, as provided 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 | 76 | 504 | 740 | 8 | 2.51 |
As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 20.03%. Given Connexa Sports Technologies’ rivals higher possible upside, analysts plainly believe Connexa Sports Technologies has less favorable growth aspects than its rivals.
Insider and Institutional 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 company insiders. Comparatively, 20.2% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
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% |
Summary
Connexa Sports Technologies rivals beat Connexa Sports Technologies on 9 of the 9 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.
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