Northland Capmk Has Optimistic Outlook of ACEL Q2 Earnings

Accel Entertainment, Inc. (NYSE:ACEL - Free Report) - Analysts at Northland Capmk lifted their Q2 2025 earnings estimates for Accel Entertainment in a research report issued to clients and investors on Thursday, July 17th. Northland Capmk analyst G. Gibas now expects that the company will earn $0.24 per share for the quarter, up from their previous estimate of $0.21. The consensus estimate for Accel Entertainment's current full-year earnings is $0.80 per share.

Several other research analysts also recently weighed in on the stock. Macquarie restated an "outperform" rating and set a $16.00 price objective on shares of Accel Entertainment in a report on Tuesday, May 6th. Northland Securities upped their price objective on shares of Accel Entertainment to $15.00 and gave the stock a "buy" rating in a report on Thursday, May 1st.

Accel Entertainment Stock Performance

ACEL opened at $12.17 on Monday. The company has a current ratio of 2.42, a quick ratio of 2.35 and a debt-to-equity ratio of 2.11. The company's fifty day moving average price is $11.64 and its two-hundred day moving average price is $11.13. Accel Entertainment has a 1-year low of $9.02 and a 1-year high of $12.96. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 24.84 and a beta of 1.23.

Hedge Funds Weigh In On Accel Entertainment

Institutional investors have recently added to or reduced their stakes in the stock. Man Group plc grew its position in Accel Entertainment by 242.1% during the fourth quarter. Man Group plc now owns 93,180 shares of the company's stock valued at $995,000 after buying an additional 65,939 shares during the period. JPMorgan Chase & Co. grew its position in Accel Entertainment by 70.0% during the fourth quarter. JPMorgan Chase & Co. now owns 483,401 shares of the company's stock valued at $5,163,000 after buying an additional 199,092 shares during the period. Northern Trust Corp grew its position in Accel Entertainment by 11.1% during the fourth quarter. Northern Trust Corp now owns 488,463 shares of the company's stock valued at $5,217,000 after buying an additional 48,639 shares during the period. D. E. Shaw & Co. Inc. bought a new position in Accel Entertainment during the fourth quarter valued at about $1,228,000. Finally, BNP Paribas Financial Markets bought a new position in Accel Entertainment during the fourth quarter valued at about $369,000. Institutional investors own 55.39% of the company's stock.

Insider Activity

In other news, Director David W. Ruttenberg sold 25,000 shares of the company's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $12.09, for a total value of $302,250.00. Following the completion of the sale, the director owned 273,135 shares in the company, valued at $3,302,202.15. This represents a 8.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gordon Rubenstein sold 29,000 shares of the company's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $11.24, for a total transaction of $325,960.00. Following the completion of the sale, the director owned 14,117 shares of the company's stock, valued at approximately $158,675.08. The trade was a 67.26% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 143,674 shares of company stock worth $1,649,158. 18.33% of the stock is owned by insiders.

About Accel Entertainment

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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