Unusual Machines (UMAC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.60 to $1.72
• 50-Day Range: N/A
• 52-Week Range: $0.98 to $5.54
• Volume: 31,726 shs
• Average Volume: 135,031 shs
• Market Capitalization: $15.11 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.00
• Consensus Rating: Buy

Unusual Machines Stock Analysis - MarketRank™

Unusual Machines scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Unusual Machines has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Unusual Machines has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Unusual Machines has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.07% of the float of Unusual Machines has been sold short.

Short Interest Ratio / Days to Cover

Unusual Machines has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Unusual Machines has recently decreased by 85.84%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Unusual Machines does not currently pay a dividend.

Dividend Growth

Unusual Machines does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.07% of the float of Unusual Machines has been sold short.

Short Interest Ratio / Days to Cover

Unusual Machines has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Unusual Machines has recently decreased by 85.84%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.50

News Sentiment

Unusual Machines has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Unusual Machines this week, compared to 0 articles on an average week.

Search Interest

Only 2 people have searched for UMAC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Unusual Machines to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Unusual Machines insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.70% of the stock of Unusual Machines is held by insiders.

UMAC Stock Analysis - Frequently Asked Questions

How have UMAC shares performed this year?

Unusual Machines' stock was trading at $1.81 at the beginning of 2024. Since then, UMAC shares have decreased by 9.4% and is now trading at $1.64.
View the best growth stocks for 2024 here.

How were Unusual Machines' earnings last quarter?

Unusual Machines, Inc. (NYSEAMERICAN:UMAC) posted its earnings results on Wednesday, August, 14th. The company reported ($0.16) earnings per share for the quarter. The company earned $1.41 million during the quarter.

When did the company's lock-up period expire?

Unusual Machines' lock-up period expired on Monday, August 12th. Unusual Machines had issued 1,250,000 shares in its IPO on February 14th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Unusual Machines' major shareholders?

Top institutional shareholders of Unusual Machines include Rathbones Group PLC (0.45%).

How do I buy shares of Unusual Machines?

Shares of UMAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/14/2024
• Today: 9/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Business Services
• Industry: Radio & t.v. communications equipment
• Sub-Industry: N/A
• Current Symbol: NYSEAMERICAN:UMAC
• CUSIP: N/A
• CIK: N/A
• Web: www.unusualmachines.com
• Phone: 720-383-8983
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.00
• High Stock Price Target: $4.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +143.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 5.50
• Quick Ratio: 2.58

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.44 per share
• Price / Book: 3.73

Miscellaneous

• Outstanding Shares: 9,330,000
• Free Float: 8,988,000
• Market Cap: $15.30 million
• Optionable: N/A
• Beta: N/A