NYSE:ACEL

Accel Entertainment (ACEL) Stock Forecast, Price & News

$10.95

+0.04 (+0.37%)

(As of 09/29/2023 ET)

Compare

Today's Range: $10.91
▼
$11.06
50-Day Range: $10.58
▼
$12.01
52-Week Range: $7.26
▼
$12.05

Volume: 320,279 shs
Average Volume: 306,033 shs
Market Capitalization: $937.54 million

P/E Ratio: 17.66
Dividend Yield: N/A
Price Target: $13.00

Accel Entertainment MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 18.7% Upside
$13.00 Price Target
Short Interest: Healthy
1.70% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.44
Upright™ Environmental Score
News Sentiment: 0.96
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.29 M Sold Last Quarter
Proj. Earnings Growth: -9.72%
From $0.72 to $0.65 Per Share

Overall MarketRank^™

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

2.11 out of 5 stars

Consumer Cyclical Sector

9th out of 11 stocks

Gambling Industry

2nd out of 2 stocks

2.5

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 18.7% from its current price of $10.95.
Amount of Analyst Coverage
Accel Entertainment has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.70% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Accel Entertainment has recently decreased by 18.35%, indicating that investor sentiment is improving significantly.

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.

2.8

News and Social Media Coverage

News Sentiment
Accel Entertainment has a news sentiment score of 0.96. 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 higher news sentiment than the 0.38 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Accel Entertainment this week, compared to 1 article on an average week.
MarketBeat Follows
Only 2 people have added Accel Entertainment to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

3.3

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 $2,287,132.00 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
68.36% of the stock of Accel Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Accel Entertainment are expected to decrease by -9.72% in the coming year, from $0.72 to $0.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Accel Entertainment is 17.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Accel Entertainment is 17.66, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 376.70.
Price to Book Value per Share Ratio
Accel Entertainment has a P/B Ratio of 5.32. 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., 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. The company also provides gaming solutions to location partners that appeal to players who patronize those businesses. In addition, it operates stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, and other related entertainment equipment. The company is headquartered in Burr Ridge, Illinois.

ACEL Price History

30 days | 90 days | 365 days | Advanced Chart

ACEL Stock News Headlines

September 28, 2023 | americanbankingnews.com

Accel Entertainment (NYSE:ACEL) and Brera (NASDAQ:BREA) Head to Head Analysis

September 22, 2023 | finance.yahoo.com

Why Accel Entertainment, Inc. (NYSE:ACEL) Could Be Worth Watching

October 1, 2023 | Behind the Markets (Ad)

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September 22, 2023 | americanbankingnews.com

Reviewing Brera (NASDAQ:BREA) and Accel Entertainment (NYSE:ACEL)

September 6, 2023 | finance.yahoo.com

With 33% stake, Accel Entertainment, Inc. (NYSE:ACEL) seems to have captured institutional investors' interest

August 31, 2023 | msn.com

Accel Entertainment Inc - 1 (ACEL) Price Target Increased by 5.00% to 14.28

August 9, 2023 | finance.yahoo.com

Are Investors Undervaluing Accel Entertainment, Inc. (NYSE:ACEL) By 23%?

August 9, 2023 | seekingalpha.com

Accel Entertainment Looks Mispriced

October 1, 2023 | Porter and Company (Ad)

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August 8, 2023 | finance.yahoo.com

Accel Entertainment, Inc. (NYSE:ACEL) Q2 2023 Earnings Call Transcript

August 5, 2023 | seekingalpha.com

Accel Entertainment, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 4, 2023 | finance.yahoo.com

Q2 2023 Accel Entertainment Inc Earnings Call

August 4, 2023 | markets.businessinsider.com

Deutsche Bank Sticks to Its Buy Rating for Accel Entertainment (ACEL)

August 3, 2023 | finance.yahoo.com

Accel Entertainment Announces Q2 2023 Operating Results

July 28, 2023 | finance.yahoo.com

Boyd Gaming (BYD) Q2 Earnings and Revenues Surpass Estimates

July 27, 2023 | finance.yahoo.com

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

July 18, 2023 | finance.yahoo.com

Accel Entertainment (NYSE:ACEL) shareholders have earned a 5.8% CAGR over the last three years

June 23, 2023 | benzinga.com

Accel Entertainment Director Trades Company's Stock

June 23, 2023 | benzinga.com

Accel Entertainment Secretary Sold $100K In Company Stock

June 15, 2023 | benzinga.com

Director of Accel Entertainment Sold $110K In Stock

May 19, 2023 | forbes.com

Accel Entertainment

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 4, 2023 | morningstar.com

Accel Entertainment Inc Class A1

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

See More Headlines

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ACEL Company Calendar

Last Earnings: 8/03/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gambling
Sub-Industry: N/A
Sector: Consumer Cyclical
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: +18.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.62
Trailing P/E Ratio: 17.66
Forward P/E Ratio: 15.21
P/E Growth: N/A
Net Income: $74.10 million
Net Margins: 4.86%
Pretax Margin: 6.73%
Return on Equity: 43.33%
Return on Assets: 9.22%

Debt

Debt-to-Equity Ratio: 2.59
Current Ratio: 3.03
Quick Ratio: 2.95

Sales & Book Value

Annual Sales: $969.80 million
Price / Sales: 0.97
Cash Flow: $1.49 per share
Price / Cash Flow: 7.37
Book Value: $2.06 per share
Price / Book: 5.32

Miscellaneous

Outstanding Shares: 85,620,000
Free Float: 69,203,000
Market Cap: $937.54 million
Optionable: Optionable
Beta: 1.26

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Key Executives

Mr. Andrew Harry Rubenstein (Age 54)
Co-Founder, Pres, CEO & Director
Comp: $1.53M

Mr. Mathew Ellis (Age 38)
Chief Financial Officer
Comp: $501.71k

Mr. Derek Harmer (Age 56)
Gen. Counsel, Chief Compliance Officer & Sec.
Comp: $639.95k

Mr. Brian M. Carroll (Age 59)
Advisor
Comp: $247.97k

Mr. Mark T. Phelan (Age 54)
Chief Revenue Officer
Comp: $618.12k

Ms. Christie Kozlik (Age 45)
Chief Accounting Officer

Mr. Steve Gradman
Chief Marketing Officer

Ms. Karen Raviv
Chief People Officer

Mr. Mike Pappas
Exec. VP of Bus. Devel. & Gov.al Affairs

Mr. Gabriel Garcia
Chief Customer Officer

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 analysts have issued "buy," "hold," and "sell" ratings for Accel Entertainment in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 12-month target prices for Accel Entertainment's stock. Their ACEL share price forecasts range from $13.00 to $13.00. On average, they expect the company's share price to reach $13.00 in the next year. This suggests a possible upside of 18.7% 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 on January 1st, 2023. Since then, ACEL shares have increased by 42.2% and is now trading at $10.95.
View the best growth stocks for 2023 here.
Are investors shorting Accel Entertainment?: Accel Entertainment saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 955,300 shares, a drop of 18.4% from the August 31st total of 1,170,000 shares. Based on an average trading volume of 310,500 shares, the short-interest ratio is currently 3.1 days. Currently, 1.7% of the shares of the company are sold short.
View Accel Entertainment's Short Interest.
When is Accel Entertainment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our ACEL earnings forecast.
How were Accel Entertainment's earnings last quarter?: Accel Entertainment, Inc. (NYSE:ACEL) issued its quarterly earnings data on Thursday, August, 3rd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.15 by $0.06. The company earned $292.65 million during the quarter, compared to the consensus estimate of $277.54 million. Accel Entertainment had a net margin of 4.86% and a trailing twelve-month return on equity of 43.33%.

What is Accel Entertainment's stock symbol?: Accel Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACEL."
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.
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What is Accel Entertainment's stock price today?: One share of ACEL stock can currently be purchased for approximately $10.95.
How much money does Accel Entertainment make?: Accel Entertainment (NYSE:ACEL) has a market capitalization of $937.54 million and generates $969.80 million in revenue each year. The company earns $74.10 million in net income (profit) each year or $0.62 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 10/1/2023 by MarketBeat.com Staff

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