Accel Entertainment (ACEL) to Release Earnings on Wednesday

Accel Entertainment (NYSE:ACEL) is set to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Accel Entertainment to post earnings of $0.16 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Accel Entertainment (NYSE:ACEL) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $309.41 million during the quarter, compared to analysts’ expectations of $302.24 million. Accel Entertainment had a return on equity of 36.19% and a net margin of 4.05%. On average, analysts expect Accel Entertainment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Accel Entertainment Price Performance

Shares of NYSE ACEL opened at $11.20 on Monday. The stock has a market cap of $925.57 million, a PE ratio of 19.65 and a beta of 1.47. Accel Entertainment has a fifty-two week low of $9.37 and a fifty-two week high of $12.61. The company has a debt-to-equity ratio of 2.57, a quick ratio of 2.98 and a current ratio of 3.05. The stock has a fifty day moving average of $11.47 and a 200-day moving average of $10.83.

Insider Activity

In other news, CEO Andrew H. Rubenstein sold 25,681 shares of Accel Entertainment stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $12.22, for a total value of $313,821.82. Following the completion of the transaction, the chief executive officer now directly owns 4,226,509 shares in the company, valued at approximately $51,647,939.98. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Andrew H. Rubenstein sold 25,681 shares of Accel Entertainment stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $12.22, for a total transaction of $313,821.82. Following the completion of the sale, the chief executive officer now owns 4,226,509 shares of the company’s stock, valued at approximately $51,647,939.98. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew H. Rubenstein sold 4,114 shares of Accel Entertainment stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $12.01, for a total value of $49,409.14. Following the sale, the chief executive officer now directly owns 4,196,285 shares of the company’s stock, valued at $50,397,382.85. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 109,732 shares of company stock worth $1,288,422. 17.90% of the stock is owned by corporate 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.