Accel Entertainment (ACEL) to Release Quarterly Earnings on Wednesday

Accel Entertainment (NYSE:ACEL) will post its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect Accel Entertainment to post earnings of $0.16 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Accel Entertainment (NYSE:ACEL) last released its earnings results on Tuesday, July 30th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The firm 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

ACEL stock opened at $11.03 on Wednesday. Accel Entertainment has a 1 year low of $9.37 and a 1 year high of $12.61. The firm has a market capitalization of $923.30 million, a P/E ratio of 21.62 and a beta of 1.47. The company has a debt-to-equity ratio of 2.57, a current ratio of 3.05 and a quick ratio of 2.98. The business’s 50-day moving average is $11.46 and its two-hundred day moving average is $10.84.

Insiders Place Their Bets

In related news, Director David W. Ruttenberg sold 25,000 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $11.59, for a total transaction of $289,750.00. Following the completion of the transaction, the director now owns 385,635 shares in the company, valued at approximately $4,469,509.65. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director David W. Ruttenberg sold 7,920 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $10.52, for a total transaction of $83,318.40. Following the completion of the sale, the director now owns 423,135 shares in the company, valued at approximately $4,451,380.20. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David W. Ruttenberg sold 25,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $11.59, for a total transaction of $289,750.00. Following the completion of the transaction, the director now owns 385,635 shares of the company’s stock, valued at approximately $4,469,509.65. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 117,652 shares of company stock worth $1,371,741 in the last 90 days. Corporate insiders own 19.17% 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.