Truist Financial Raises Accel Entertainment (NYSE:ACEL) Price Target to $14.00

Accel Entertainment (NYSE:ACEL) had its price objective upped by research analysts at Truist Financial from $13.00 to $14.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s target price would suggest a potential upside of 14.57% from the stock’s previous close.

ACEL has been the topic of a number of other research reports. Macquarie Infrastructure reiterated an “outperform” rating and set a $16.00 price target on shares of Accel Entertainment in a report on Wednesday, November 5th. Citizens Jmp set a $13.00 price objective on Accel Entertainment in a research report on Friday, December 5th. Citigroup started coverage on Accel Entertainment in a report on Friday, December 5th. They issued an “outperform” rating on the stock. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Accel Entertainment in a report on Monday, December 29th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.75.

Accel Entertainment Stock Down 6.4%

Shares of NYSE:ACEL opened at $12.22 on Wednesday. The firm has a 50 day simple moving average of $11.34 and a 200 day simple moving average of $10.95. Accel Entertainment has a 52 week low of $9.02 and a 52 week high of $13.31. The company has a debt-to-equity ratio of 2.11, a quick ratio of 2.50 and a current ratio of 2.61. The company has a market cap of $1.02 billion, a PE ratio of 20.37 and a beta of 1.05.

Accel Entertainment (NYSE:ACEL) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.04. Accel Entertainment had a net margin of 3.87% and a return on equity of 27.49%. The firm had revenue of $341.45 million for the quarter, compared to analysts’ expectations of $335.66 million. As a group, research analysts expect that Accel Entertainment will post 0.8 earnings per share for the current year.

Insider Transactions at Accel Entertainment

In related news, insider Derek Harmer sold 5,000 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $11.50, for a total value of $57,500.00. Following the transaction, the insider owned 199,917 shares in the company, valued at approximately $2,299,045.50. This represents a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director David W. Ruttenberg sold 25,000 shares of Accel Entertainment stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $11.04, for a total transaction of $276,000.00. Following the completion of the sale, the director owned 198,135 shares of the company’s stock, valued at $2,187,410.40. This trade represents a 11.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 115,000 shares of company stock valued at $1,289,100 over the last ninety days. Company insiders own 18.33% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Engineers Gate Manager LP lifted its position in shares of Accel Entertainment by 8.7% in the 2nd quarter. Engineers Gate Manager LP now owns 11,960 shares of the company’s stock worth $141,000 after acquiring an additional 956 shares during the period. Cerity Partners LLC increased its position in shares of Accel Entertainment by 3.9% during the second quarter. Cerity Partners LLC now owns 30,763 shares of the company’s stock valued at $362,000 after purchasing an additional 1,145 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Accel Entertainment by 8.7% in the second quarter. The Manufacturers Life Insurance Company now owns 21,083 shares of the company’s stock valued at $248,000 after purchasing an additional 1,694 shares in the last quarter. Zacks Investment Management lifted its position in Accel Entertainment by 9.4% in the third quarter. Zacks Investment Management now owns 23,647 shares of the company’s stock worth $262,000 after purchasing an additional 2,035 shares during the period. Finally, MetLife Investment Management LLC lifted its position in Accel Entertainment by 7.8% in the fourth quarter. MetLife Investment Management LLC now owns 29,035 shares of the company’s stock worth $331,000 after purchasing an additional 2,110 shares during the period. Institutional investors own 55.39% of the company’s stock.

More Accel Entertainment News

Here are the key news stories impacting Accel Entertainment this week:

• Positive Sentiment: Q4 results beat expectations — ACEL reported $0.19 EPS vs. $0.15 consensus and revenue of $341.5M vs. $335.7M, marking a record Q4 and giving management momentum to talk about cost and margin initiatives. Article Title
• Positive Sentiment: Chicago VGT market entry and margin-expansion guidance — Management highlighted entry into the Chicago video gaming terminal (VGT) market and said it expects margin expansion from operational improvements and scale, a potential multi-quarter earnings lever. Article Title
• Positive Sentiment: Analyst price-target increase (Citizens JMP) — Citizens JMP raised its target to $14 and set a “market outperform” rating, signaling analyst confidence in upside vs. current levels. Article Title
• Neutral Sentiment: Truist raised its price target to $14 but kept a “hold” rating — modestly supportive for the stock but not an upgrade to a buy. Article Title
• Neutral Sentiment: Earnings materials posted — The company released its Q4 earnings presentation and the full call transcript (useful for details on guidance, capital allocation and the Chicago rollout). Presentation Transcript
• Negative Sentiment: Sell pressure despite the beat — Shares fell on the news, likely due to profit-taking after the run, a high intraday volume spike vs. average, and lingering investor concerns: elevated leverage (debt/equity ~2.1), modest net margins (~3.9%), and relatively conservative near-term EPS expectations—factors that can temper how strongly the market rewards a single-quarter beat.

Accel Entertainment Company Profile

Accel Entertainment, Inc is a Chicago-based gaming and entertainment company specializing in the provision of regulated electronic gaming terminals and related management services to licensed establishments across the United States. The company’s core offerings include video gaming terminals (VGTs), digital payment solutions, player loyalty programs and compliance support, all designed to enhance customer engagement and operational efficiency for bars, restaurants, truck stops and convenience stores.

Founded in 2005, Accel Entertainment has built a network that spans multiple states, including Illinois, Pennsylvania, Ohio, and Iowa.