Analyzing Connexa Sports Technologies (YYAI) and Its Peers

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 peers? We will compare Connexa Sports Technologies to related companies based on the strength of its risk, profitability, earnings, dividends, analyst recommendations, valuation and institutional ownership.

Analyst Ratings

This is a breakdown of recent ratings and target prices 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	504	740	8	2.51

As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 21.60%. Given Connexa Sports Technologies’ peers higher probable upside, analysts plainly believe Connexa Sports Technologies has less favorable growth aspects than its peers.

Valuation & Earnings

This table compares Connexa Sports Technologies and its peers revenue, earnings per share (EPS) 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	17.54

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 and Risk

Connexa Sports Technologies has a beta of -1.49, suggesting that its share price is 249% less volatile than the S&P 500. Comparatively, Connexa Sports Technologies’ peers have a beta of 1.51, suggesting that their average share 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%

Institutional and Insider Ownership

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

Summary

Connexa Sports Technologies peers 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.