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 hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Valuation and Earnings
This table compares Connexa Sports Technologies and its peers top-line 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 | $3.02 billion | $70.67 million | 18.08 |
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.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Connexa Sports Technologies | -565.12% | -1,557.21% | -187.79% |
Connexa Sports Technologies Competitors | -85.08% | -165.11% | -26.35% |
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’ peers have a beta of 1.51, meaning that their average share price is 51% more volatile than the S&P 500.
Summary
Connexa Sports Technologies peers beat Connexa Sports Technologies on 9 of the 9 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.
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