Comparing Connexa Sports Technologies (YYAI) & Its Rivals

Connexa Sports Technologies (NASDAQ:YYAI) is one of 19 public companies in the “Sporting & athletic goods, not elsewhere classified” industry, but how does it weigh in compared to its rivals? We will compare Connexa Sports Technologies to related businesses based on the strength of its institutional ownership, analyst recommendations, risk, dividends, valuation, profitability and earnings.

Institutional & 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Connexa Sports Technologies and its rivals, as reported 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.

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 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

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.

Volatility & Risk

Connexa Sports Technologies has a beta of -1.5, suggesting that its stock price is 250% less volatile than the S&P 500. Comparatively, Connexa Sports Technologies’ rivals have a beta of 1.51, suggesting that their average stock price is 51% 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.