Accel Entertainment (NYSE:ACEL - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect Accel Entertainment to post earnings of $0.19 per share and revenue of $319.15 million for the quarter.
Accel Entertainment Price Performance
ACEL traded up $0.18 during trading on Thursday, reaching $10.48. 542,654 shares of the stock were exchanged, compared to its average volume of 292,005. Accel Entertainment has a 1 year low of $9.02 and a 1 year high of $12.96. The company has a market capitalization of $896.94 million, a price-to-earnings ratio of 20.56 and a beta of 1.35. The business's 50 day moving average price is $10.52 and its two-hundred day moving average price is $11.06. The company has a debt-to-equity ratio of 2.54, a current ratio of 2.71 and a quick ratio of 2.63.
Insiders Place Their Bets
In related news, insider Derek Harmer sold 5,000 shares of Accel Entertainment stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $10.00, for a total value of $50,000.00. Following the transaction, the insider now owns 216,575 shares in the company, valued at approximately $2,165,750. This trade represents a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David W. Ruttenberg sold 25,000 shares of the company's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $11.01, for a total value of $275,250.00. Following the sale, the director now owns 323,135 shares of the company's stock, valued at $3,557,716.35. This represents a 7.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 60,000 shares of company stock valued at $686,500. Company insiders own 19.17% of the company's stock.
Analysts Set New Price Targets
A number of brokerages have issued reports on ACEL. Northland Securities lifted their target price on shares of Accel Entertainment to $15.00 and gave the stock a "buy" rating in a research report on Thursday. Macquarie upped their target price on Accel Entertainment from $15.00 to $16.00 and gave the company an "outperform" rating in a research note on Friday, February 28th.
Read Our Latest Stock Analysis on Accel Entertainment
Accel Entertainment Company Profile
(
Get Free Report)
Accel Entertainment, Inc, together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.
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