Accel Entertainment (ACEL) Expected to Announce Quarterly Earnings on Monday

Accel Entertainment (NYSE:ACEL) will likely be announcing its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $319.15 million for the quarter.

Accel Entertainment Trading Up 1.2 %

Accel Entertainment stock opened at $10.64 on Friday. The company has a debt-to-equity ratio of 2.54, a quick ratio of 2.63 and a current ratio of 2.71. The stock has a 50-day simple moving average of $10.47 and a 200 day simple moving average of $11.05. The stock has a market capitalization of $910.37 million, a P/E ratio of 20.86 and a beta of 1.35. Accel Entertainment has a 52 week low of $9.02 and a 52 week high of $12.96.

Insider Buying and Selling at Accel Entertainment

In related news, Director David W. Ruttenberg sold 25,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $12.35, for a total transaction of $308,750.00. Following the sale, the director now owns 335,635 shares of the company’s stock, valued at $4,145,092.25. This represents a 6.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Derek Harmer sold 5,000 shares of Accel Entertainment stock in a transaction on Wednesday, April 9th. The shares were sold at an average price of $10.50, for a total value of $52,500.00. Following the completion of the transaction, the insider now directly owns 211,575 shares of the company’s stock, valued at $2,221,537.50. This represents a 2.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 60,000 shares of company stock valued at $686,500 in the last ninety days. 19.17% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Northland Securities boosted their target price on Accel Entertainment to $15.00 and gave the stock a “buy” rating in a report on Thursday. Macquarie raised their target price on shares of Accel Entertainment from $15.00 to $16.00 and gave the stock an “outperform” rating in a research note on Friday, February 28th.

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.