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 weigh in compared to its peers? We will compare Connexa Sports Technologies to similar companies based on the strength of its valuation, risk, analyst recommendations, profitability, dividends, earnings and institutional ownership.
Analyst Recommendations
This is a summary of recent recommendations 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 | 76 | 503 | 739 | 8 | 2.51 |
As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 23.75%. Given Connexa Sports Technologies’ peers higher possible upside, analysts plainly believe Connexa Sports Technologies has less favorable growth aspects than its peers.
Institutional & Insider Ownership
Risk and Volatility
Connexa Sports Technologies has a beta of -1.49, indicating that its stock price is 249% less volatile than the S&P 500. Comparatively, Connexa Sports Technologies’ peers have a beta of 1.51, indicating that their average stock price is 51% more volatile than the S&P 500.
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 | -83.71% | -164.79% | -26.14% |
Earnings & Valuation
This table compares Connexa Sports Technologies and its peers 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 | $3.01 billion | $70.67 million | 17.45 |
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.
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.
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