
Unusual Machines, Inc. (NYSEAMERICAN:UMAC – Free Report) – Investment analysts at Litchfield Hills Research lifted their Q2 2026 earnings per share estimates for shares of Unusual Machines in a report issued on Monday, June 15th. Litchfield Hills Research analyst B. Sine now forecasts that the company will post earnings of ($0.08) per share for the quarter, up from their prior estimate of ($0.11). The consensus estimate for Unusual Machines’ current full-year earnings is ($0.38) per share. Litchfield Hills Research also issued estimates for Unusual Machines’ Q3 2026 earnings at ($0.03) EPS, Q4 2026 earnings at $0.20 EPS, FY2026 earnings at ($0.30) EPS, Q1 2027 earnings at $0.33 EPS, Q2 2027 earnings at $0.38 EPS, Q3 2027 earnings at $0.42 EPS, Q4 2027 earnings at $0.47 EPS and FY2027 earnings at $1.60 EPS.
Unusual Machines (NYSEAMERICAN:UMAC – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.15). Unusual Machines had a negative return on equity of 11.83% and a negative net margin of 32.71%.The business had revenue of $8.10 million for the quarter, compared to analysts’ expectations of $5.54 million.
Read Our Latest Report on UMAC
Unusual Machines Stock Performance
NYSEAMERICAN:UMAC opened at $25.20 on Wednesday. The stock has a fifty day moving average price of $18.37 and a two-hundred day moving average price of $15.46. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of -60.00 and a beta of 14.62. Unusual Machines has a 1 year low of $7.24 and a 1 year high of $34.36.
Institutional Trading of Unusual Machines
A number of hedge funds have recently bought and sold shares of UMAC. NFSG Corp purchased a new stake in shares of Unusual Machines in the first quarter valued at $37,000. Ameritas Advisory Services LLC acquired a new stake in Unusual Machines in the 3rd quarter worth about $38,000. Wexford Capital LP acquired a new position in shares of Unusual Machines during the 3rd quarter valued at about $40,000. Jones Financial Companies Lllp increased its stake in shares of Unusual Machines by 67.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 3,017 shares of the company’s stock valued at $46,000 after acquiring an additional 1,218 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Unusual Machines by 7,372.6% during the 2nd quarter. Bank of America Corp DE now owns 7,099 shares of the company’s stock worth $61,000 after acquiring an additional 7,004 shares during the period.
Insider Transactions at Unusual Machines
In related news, Director Jeffrey M. Thompson sold 15,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $26.96, for a total transaction of $404,400.00. Following the sale, the director owned 4,794,392 shares of the company’s stock, valued at $129,256,808.32. This trade represents a 0.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Andrew Ross Camden sold 100,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.05, for a total transaction of $3,005,000.00. Following the sale, the president directly owned 246,750 shares in the company, valued at $7,414,837.50. This represents a 28.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 280,000 shares of company stock valued at $6,477,200 in the last ninety days. Corporate insiders own 7.50% of the company’s stock.
Unusual Machines Company Profile
Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022. Unusual Machines, Inc was incorporated in 2019 and is based in Orlando, Florida.
See Also
- Five stocks we like better than Unusual Machines
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for Unusual Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unusual Machines and related companies with MarketBeat.com's FREE daily email newsletter.
