Q1 EPS Estimates for Unusual Machines Lifted by Analyst

Key Points

• Litchfield Hills Research
• Needham reaffirmed a "Buy" rating with a $20 target, and the stock's average analyst rating and target on MarketBeat are both "Buy" and $20 respectively.
• Company insiders — including the CFO and CRO — sold shares (35,768 shares worth roughly $666,037) recently, leaving insiders with about 7.50% ownership.

Unusual Machines, Inc. (NYSEAMERICAN:UMAC - Free Report) - Research analysts at Litchfield Hills Research increased their Q1 2027 earnings per share estimates for Unusual Machines in a research report issued on Thursday, April 23rd. Litchfield Hills Research analyst B. Sine now expects that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate of $0.04. The consensus estimate for Unusual Machines' current full-year earnings is ($0.20) per share. Litchfield Hills Research also issued estimates for Unusual Machines' Q2 2027 earnings at $0.05 EPS, Q3 2027 earnings at $0.06 EPS and FY2027 earnings at $0.24 EPS.

Separately, Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 target price on shares of Unusual Machines in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $20.00.

Unusual Machines Stock Performance

Shares of UMAC stock opened at $14.65 on Monday. Unusual Machines has a 12-month low of $4.67 and a 12-month high of $23.38. The stock's 50-day moving average price is $15.01 and its 200-day moving average price is $13.43. The stock has a market capitalization of $570.76 million, a price-to-earnings ratio of -17.44 and a beta of 19.89.

Insider Transactions at Unusual Machines

In other news, CFO Brian Joseph Hoff sold 11,413 shares of Unusual Machines stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $18.59, for a total value of $212,167.67. Following the sale, the chief financial officer directly owned 514,062 shares of the company's stock, valued at approximately $9,556,412.58. The trade was a 2.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Stacy Rochelle Wright sold 13,750 shares of the business's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $18.57, for a total value of $255,337.50. Following the sale, the executive directly owned 96,250 shares in the company, valued at $1,787,362.50. The trade was a 12.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 35,768 shares of company stock valued at $666,037. 7.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Unusual Machines

Large investors have recently added to or reduced their stakes in the stock. BlueCrest Capital Management Ltd bought a new stake in Unusual Machines during the third quarter worth approximately $2,168,000. Tudor Investment Corp ET AL increased its stake in Unusual Machines by 201.0% during the third quarter. Tudor Investment Corp ET AL now owns 1,207,460 shares of the company's stock worth $18,233,000 after acquiring an additional 806,359 shares during the last quarter. FNY Investment Advisers LLC increased its stake in Unusual Machines by 293.4% during the fourth quarter. FNY Investment Advisers LLC now owns 120,001 shares of the company's stock worth $1,528,000 after acquiring an additional 89,500 shares during the last quarter. Moody National Bank Trust Division bought a new stake in Unusual Machines during the fourth quarter worth approximately $549,000. Finally, Kieckhefer Group LLC increased its stake in Unusual Machines by 330.6% during the third quarter. Kieckhefer Group LLC now owns 62,000 shares of the company's stock worth $936,000 after acquiring an additional 47,600 shares during the last quarter.

About Unusual Machines

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.

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