Accel Entertainment (ACEL) Scheduled to Post Quarterly Earnings on Wednesday

Accel Entertainment (NYSE:ACEL) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Accel Entertainment (NYSE:ACEL) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Accel Entertainment had a net margin of 3.90% and a return on equity of 39.62%. The firm had revenue of $297.07 million for the quarter, compared to the consensus estimate of $286.32 million. 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 Stock Down 3.3 %

ACEL stock opened at $10.75 on Wednesday. The company has a 50 day moving average of $11.33 and a two-hundred day moving average of $10.60. The company has a market cap of $900.43 million, a price-to-earnings ratio of 20.27 and a beta of 1.40. Accel Entertainment has a 12-month low of $8.31 and a 12-month high of $12.05. The company has a quick ratio of 2.78, a current ratio of 2.85 and a debt-to-equity ratio of 2.59.

Insider Transactions at Accel Entertainment

In other Accel Entertainment news, Director David W. Ruttenberg sold 14,292 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $11.01, for a total value of $157,354.92. Following the transaction, the director now directly owns 446,914 shares of the company’s stock, valued at approximately $4,920,523.14. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Karl Mr. Peterson sold 30,000 shares of the firm’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the director now owns 2,505,645 shares in the company, valued at approximately $27,562,095. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David W. Ruttenberg sold 14,292 shares of the company’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $11.01, for a total transaction of $157,354.92. Following the completion of the sale, the director now owns 446,914 shares of the company’s stock, valued at $4,920,523.14. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 135,999 shares of company stock valued at $1,520,439. 17.90% of the stock is owned by insiders.

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.