NYSE:ACEL

Accel Entertainment (ACEL) Stock Forecast, Price & News

$9.65

+0.31 (+3.32%)

(As of 06/2/2023 ET)

Compare

Today's Range: $9.46
▼
$9.69
50-Day Range: $8.36
▼
$9.66
52-Week Range: $7.26
▼
$12.18

Volume: 536,153 shs
Average Volume: 212,749 shs
Market Capitalization: $830.33 million

P/E Ratio: 12.87
Dividend Yield: N/A
Price Target: $13.00

Accel Entertainment MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 34.6% Upside
$13.00 Price Target
Short Interest: Bearish
1.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.44
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$1.64 M Sold Last Quarter
Proj. Earnings Growth: 4.29%
From $0.70 to $0.73 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Consumer Discretionary Sector

214th out of 273 stocks

Amusement & Recreation Services Industry

7th out of 13 stocks

3.5

Analyst's Opinion

Consensus Rating
Accel Entertainment 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.
Price Target Upside/Downside
According to analysts' consensus price target of $13.00, Accel Entertainment has a forecasted upside of 34.6% from its current price of $9.66.
Amount of Analyst Coverage
Accel Entertainment has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.69% of the float of Accel Entertainment has been sold short.
Short Interest Ratio / Days to Cover
Accel Entertainment has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Accel Entertainment has recently increased by 4.17%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Accel Entertainment does not currently pay a dividend.
Dividend Growth
Accel Entertainment does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Accel Entertainment has received a -189.60% net impact score from Upright. The largest negative impact of Accel Entertainment in category "Relationships" seems to be driven mostly by its "Gambling table services", "Online gambling services", and "Betting services" products. See details.
Environmental Sustainability
The Environmental Impact score for Accel Entertainment is -0.44.

1.1

News and Social Media Coverage

Search Interest
3 people have searched for ACEL on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Accel Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Accel Entertainment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,639,980.00 in company stock.
Percentage Held by Insiders
19.17% of the stock of Accel Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
47.34% of the stock of Accel Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Accel Entertainment are expected to grow by 4.29% in the coming year, from $0.70 to $0.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Accel Entertainment is 12.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Accel Entertainment is 12.87, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.34.
Price to Book Value per Share Ratio
Accel Entertainment has a P/B Ratio of 4.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Accel Entertainment (NYSE:ACEL) Stock

Accel Entertainment, Inc. operates as a distributed gaming operator. 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. It also provides licensed establishment partners gaming solutions that appeal to players who patronize those businesses. In addition, the firm operates stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, pinball machines, and other related entertainment equipment. The company was founded by Andrew Rubenstein and Gordon Rubenstein on December 8, 2010 and is headquartered in Burr Ridge, IL.

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ACEL Stock News Headlines

May 19, 2023 | forbes.com

Accel Entertainment

May 17, 2023 | americanbankingnews.com

Insider Selling: Accel Entertainment, Inc. (NYSE:ACEL) CEO Sells 60,000 Shares of Stock

June 2, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.

May 10, 2023 | americanbankingnews.com

Northland Capmk Weighs in on Accel Entertainment, Inc.'s FY2023 Earnings (NYSE:ACEL)

May 6, 2023 | finance.yahoo.com

Should We Be Delighted With Accel Entertainment, Inc.'s (NYSE:ACEL) ROE Of 37%?

May 6, 2023 | seekingalpha.com

Accel Entertainment, Inc. 2023 Q1 - Results - Earnings Call Presentation

May 5, 2023 | americanbankingnews.com

Q2 2023 EPS Estimates for Accel Entertainment, Inc. (NYSE:ACEL) Decreased by Analyst

May 4, 2023 | morningstar.com

Accel Entertainment Inc Class A1

June 2, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

May 4, 2023 | forbes.com

Update: ACEL, HDSN, EZPW, ECVT and PAHC, May 4

May 4, 2023 | finance.yahoo.com

Q1 2023 Accel Entertainment Inc Earnings Call

May 3, 2023 | finance.yahoo.com

Accel Entertainment (ACEL) Q1 Earnings and Revenues Surpass Estimates

May 3, 2023 | msn.com

Accel Entertainment: Q1 Earnings Insights

May 3, 2023 | finance.yahoo.com

Accel Entertainment Announces Q1 2023 Operating Results

April 26, 2023 | finance.yahoo.com

Accel Entertainment, Inc. to Announce First Quarter 2023 Financial Results

April 25, 2023 | finance.yahoo.com

Boyd Gaming (BYD) Tops Q1 Earnings and Revenue Estimates

April 13, 2023 | finance.yahoo.com

Is It Too Late To Consider Buying Accel Entertainment, Inc. (NYSE:ACEL)?

April 7, 2023 | americanbankingnews.com

Accel Entertainment, Inc. (NYSE:ACEL) Director Sells $851,196.06 in Stock

April 6, 2023 | americanbankingnews.com

Gordon Rubenstein Sells 16,749 Shares of Accel Entertainment, Inc. (NYSE:ACEL) Stock

April 5, 2023 | americanbankingnews.com

Accel Entertainment (NYSE:ACEL) Sees Strong Trading Volume

April 1, 2023 | americanbankingnews.com

Derek Harmer Sells 7,768 Shares of Accel Entertainment, Inc. (NYSE:ACEL) Stock

March 30, 2023 | finance.yahoo.com

Owning 32% shares,institutional owners seem interested in Accel Entertainment, Inc. (NYSE:ACEL),

March 16, 2023 | finance.yahoo.com

Is Now The Time To Put Accel Entertainment (NYSE:ACEL) On Your Watchlist?

March 3, 2023 | insidermonkey.com

Accel Entertainment, Inc. (NYSE:ACEL) Q4 2022 Earnings Call Transcript

March 3, 2023 | msn.com

Accel Entertainment GAAP EPS of $0.81 misses by $0.02, revenue of $969.8M beats by $2.59M

March 2, 2023 | finance.yahoo.com

Accel Entertainment, Inc.'s (NYSE:ACEL) Intrinsic Value Is Potentially 94% Above Its Share Price

March 1, 2023 | forbes.com

Feeling Lucky With Accel Entertainment (ACEL)

See More Headlines

ACEL Price History

30 days | 90 days | 365 days | Advanced Chart

ACEL Company Calendar

Last Earnings: 5/03/2023
Today: 6/02/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Amusement & recreation services
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NYSE:ACEL
CUSIP: N/A
CIK: 1698991
Web: www.accelentertainment.com
Phone: (630) 972-2235
Fax: N/A
Employees: 1,300
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $13.00
High Stock Price Forecast: $13.00
Low Stock Price Forecast: $13.00
Forecasted Upside/Downside: +34.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.75
Trailing P/E Ratio: 12.88
Forward P/E Ratio: 13.80
P/E Growth: N/A
Net Income: $74.10 million
Net Margins: 6.33%
Pretax Margin: 8.38%
Return on Equity: 45.56%
Return on Assets: 9.63%

Debt

Debt-to-Equity Ratio: 2.82
Current Ratio: 3.22
Quick Ratio: 3.14

Sales & Book Value

Annual Sales: $969.80 million
Price / Sales: 0.86
Cash Flow: $1.54 per share
Price / Cash Flow: 6.28
Book Value: $2.12 per share
Price / Book: 4.56

Miscellaneous

Outstanding Shares: 86,000,000
Free Float: 69,518,000
Market Cap: $830.76 million
Optionable: Optionable
Beta: 1.24

Key Executives

Andrew H. Rubenstein
President, Chief Executive Officer & Director

Mathew Ellis
Chief Financial Officer

Derek Harmer
Secretary & Chief Compliance Officer

Mark T. Phelan
Chief Revenue Officer

Ryan Hammer
President-Gaming Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ACEL Stock - Frequently Asked Questions

Should I buy or sell Accel Entertainment stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Accel Entertainment in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ACEL shares.
View ACEL analyst ratings or view top-rated stocks.
What is Accel Entertainment's stock price forecast for 2023?: 1 brokers have issued 1-year price targets for Accel Entertainment's stock. Their ACEL share price forecasts range from $13.00 to $13.00. On average, they anticipate the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 34.6% from the stock's current price.
View analysts price targets for ACEL or view top-rated stocks among Wall Street analysts.
How have ACEL shares performed in 2023?: Accel Entertainment's stock was trading at $7.70 at the start of the year. Since then, ACEL shares have increased by 25.5% and is now trading at $9.66.
View the best growth stocks for 2023 here.
When is Accel Entertainment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our ACEL earnings forecast.
How were Accel Entertainment's earnings last quarter?: Accel Entertainment, Inc. (NYSE:ACEL) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.05. The company earned $293.21 million during the quarter, compared to the consensus estimate of $268.02 million. Accel Entertainment had a net margin of 6.33% and a trailing twelve-month return on equity of 45.56%.
What is Accel Entertainment's stock symbol?: Accel Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACEL."

Who are Accel Entertainment's major shareholders?: Accel Entertainment's stock is owned by many different retail and institutional investors. Top institutional investors include American Century Companies Inc. (5.45%), BlackRock Inc. (5.07%), State Street Corp (1.31%), Geode Capital Management LLC (1.20%), CIBC Private Wealth Group LLC (0.99%) and TCG Advisory Services LLC (0.89%). Insiders that own company stock include Andrew H Rubenstein, Andrew H Rubenstein, Brian M Carroll, Brian M Carroll, David W Ruttenberg, Derek Harmer, Gordon Rubenstein and Karl Mr Peterson.
View institutional ownership trends.
How do I buy shares of Accel Entertainment?: Shares of ACEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Accel Entertainment's stock price today?: One share of ACEL stock can currently be purchased for approximately $9.66.
How much money does Accel Entertainment make?: Accel Entertainment (NYSE:ACEL) has a market capitalization of $830.76 million and generates $969.80 million in revenue each year. The company earns $74.10 million in net income (profit) each year or $0.75 on an earnings per share basis.
How many employees does Accel Entertainment have?: The company employs 1,300 workers across the globe.
How can I contact Accel Entertainment?: Accel Entertainment's mailing address is 140 TOWER DRIVE, BURR RIDGE IL, 60527. The official website for the company is www.accelentertainment.com. The company can be reached via phone at (630) 972-2235 or via email at ir@accelentertainment.com.

This page (NYSE:ACEL) was last updated on 6/2/2023 by MarketBeat.com Staff

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