
Accel Entertainment, Inc. (NYSE:ACEL – Free Report) – Research analysts at Northland Securities lifted their FY2026 earnings estimates for Accel Entertainment in a research report issued on Wednesday, August 5th. Northland Securities analyst G. Gibas now forecasts that the company will post earnings of $0.66 per share for the year, up from their prior forecast of $0.65. The consensus estimate for Accel Entertainment’s current full-year earnings is $0.70 per share.
Several other brokerages have also recently commented on ACEL. Citigroup restated a “market outperform” rating on shares of Accel Entertainment in a research note on Wednesday, August 5th. Wall Street Zen cut shares of Accel Entertainment from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings raised shares of Accel Entertainment from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Citizens Jmp boosted their target price on shares of Accel Entertainment from $14.00 to $15.00 and gave the company a “market outperform” rating in a research report on Wednesday, August 5th. Finally, National Bank Financial set a $15.00 price target on shares of Accel Entertainment in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $15.00.
Accel Entertainment Price Performance
Shares of NYSE:ACEL opened at $12.02 on Tuesday. Accel Entertainment has a twelve month low of $9.55 and a twelve month high of $14.00. The company has a current ratio of 2.47, a quick ratio of 2.40 and a debt-to-equity ratio of 1.91. The company has a market cap of $978.31 million, a PE ratio of 17.94 and a beta of 1.02. The company’s 50 day moving average is $12.50 and its 200 day moving average is $11.83.
Accel Entertainment (NYSE:ACEL – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). Accel Entertainment had a net margin of 4.08% and a return on equity of 22.30%. The firm had revenue of $368.13 million during the quarter, compared to analyst estimates of $356.66 million.
Institutional Investors Weigh In On Accel Entertainment
A number of hedge funds have recently modified their holdings of the company. AQR Capital Management LLC increased its position in Accel Entertainment by 13.1% during the first quarter. AQR Capital Management LLC now owns 160,415 shares of the company’s stock worth $1,591,000 after purchasing an additional 18,643 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in Accel Entertainment in the 1st quarter valued at about $110,000. Millennium Management LLC grew its stake in shares of Accel Entertainment by 252.5% in the 1st quarter. Millennium Management LLC now owns 502,521 shares of the company’s stock valued at $4,985,000 after buying an additional 359,948 shares during the period. Jane Street Group LLC grew its stake in shares of Accel Entertainment by 157.5% in the 1st quarter. Jane Street Group LLC now owns 37,108 shares of the company’s stock valued at $368,000 after buying an additional 22,695 shares during the period. Finally, Rhumbline Advisers increased its holdings in shares of Accel Entertainment by 10.2% during the 2nd quarter. Rhumbline Advisers now owns 81,054 shares of the company’s stock worth $954,000 after buying an additional 7,501 shares during the last quarter. Hedge funds and other institutional investors own 55.39% of the company’s stock.
Insiders Place Their Bets
In other Accel Entertainment news, insider Derek Harmer sold 20,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $13.00, for a total value of $260,000.00. Following the completion of the sale, the insider directly owned 187,827 shares in the company, valued at $2,441,751. This represents a 9.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Mark T. Phelan sold 25,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $13.00, for a total value of $325,000.00. Following the completion of the sale, the chief operating officer directly owned 241,464 shares of the company’s stock, valued at $3,139,032. This trade represents a 9.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 14.47% of the company’s stock.
About Accel Entertainment
Accel Entertainment, Inc is a Chicago-based gaming and entertainment company specializing in the provision of regulated electronic gaming terminals and related management services to licensed establishments across the United States. The company’s core offerings include video gaming terminals (VGTs), digital payment solutions, player loyalty programs and compliance support, all designed to enhance customer engagement and operational efficiency for bars, restaurants, truck stops and convenience stores.
Founded in 2005, Accel Entertainment has built a network that spans multiple states, including Illinois, Pennsylvania, Ohio, and Iowa.
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