Accel Entertainment, Inc. (NYSE:ACEL – Get Free Report) Director David W. Ruttenberg sold 7,920 shares of the business’s stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $10.52, for a total transaction of $83,318.40. Following the transaction, the director now directly owns 423,135 shares of the company’s stock, valued at approximately $4,451,380.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Accel Entertainment Stock Performance
Shares of ACEL traded up $0.26 during mid-day trading on Thursday, hitting $10.59. The company’s stock had a trading volume of 234,351 shares, compared to its average volume of 266,256. The stock’s 50-day moving average is $10.07 and its two-hundred day moving average is $10.59. The firm has a market capitalization of $886.91 million, a PE ratio of 20.77 and a beta of 1.47. The company has a debt-to-equity ratio of 2.53, a quick ratio of 2.76 and a current ratio of 2.83. Accel Entertainment, Inc. has a one year low of $9.37 and a one year high of $12.05.
Accel Entertainment (NYSE:ACEL – Get Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The firm had revenue of $301.82 million during the quarter, compared to the consensus estimate of $297.77 million. Accel Entertainment had a net margin of 3.72% and a return on equity of 36.88%. As a group, sell-side analysts anticipate that Accel Entertainment, Inc. will post 0.72 EPS for the current year.
Institutional Investors Weigh In On Accel Entertainment
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft lifted their price objective on Accel Entertainment from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th.
Get Our Latest Analysis on ACEL
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.
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