Accel Entertainment (ACEL) Projected to Post Quarterly Earnings on Thursday

Accel Entertainment (NYSE:ACEL) will likely be posting its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Accel Entertainment to post earnings of $0.20 per share and revenue of $306.07 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Accel Entertainment Stock Down 0.6 %

Accel Entertainment stock opened at $11.85 on Wednesday. The stock has a market capitalization of $975.32 million, a PE ratio of 23.23 and a beta of 1.46. Accel Entertainment has a 12 month low of $9.37 and a 12 month high of $12.96. The business has a 50 day simple moving average of $11.16 and a 200-day simple moving average of $11.39. The company has a debt-to-equity ratio of 2.54, a current ratio of 2.71 and a quick ratio of 2.63.

Insider Transactions at Accel Entertainment

In other news, Director David W. Ruttenberg sold 25,000 shares of Accel Entertainment stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the sale, the director now directly owns 360,635 shares of the company’s stock, valued at $4,147,302.50. The trade was a 6.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Mark T. Phelan sold 9,577 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $11.65, for a total value of $111,572.05. Following the transaction, the insider now directly owns 189,788 shares in the company, valued at $2,211,030.20. This trade represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 94,577 shares of company stock valued at $1,090,072 over the last ninety days. Insiders own 17.90% of the company’s stock.

Accel Entertainment Company Profile

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.