Accel Entertainment (ACEL) Scheduled to Post Earnings on Wednesday

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

Accel Entertainment (NYSE:ACEL) last posted its quarterly earnings data 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. Accel Entertainment had a return on equity of 36.19% and a net margin of 4.05%. The company had revenue of $309.41 million during the quarter, compared to analysts’ expectations of $302.24 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 Trading Up 1.6 %

Shares of ACEL stock opened at $11.38 on Tuesday. The company has a current ratio of 3.05, a quick ratio of 2.98 and a debt-to-equity ratio of 2.57. Accel Entertainment has a 1 year low of $9.37 and a 1 year high of $12.61. The firm’s fifty day simple moving average is $11.48 and its 200 day simple moving average is $10.83. The firm has a market capitalization of $940.03 million, a P/E ratio of 19.96 and a beta of 1.47.

Insider Activity at Accel Entertainment

In related news, Director David W. Ruttenberg sold 25,000 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $11.59, for a total transaction of $289,750.00. Following the transaction, the director now directly owns 385,635 shares in the company, valued at $4,469,509.65. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO Andrew H. Rubenstein sold 4,114 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $12.01, for a total transaction of $49,409.14. Following the completion of the transaction, the chief executive officer now directly owns 4,196,285 shares of the company’s stock, valued at approximately $50,397,382.85. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David W. Ruttenberg sold 25,000 shares of the company’s stock in a transaction dated 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 sale, the director now directly owns 385,635 shares in the company, 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. Over the last 90 days, insiders sold 109,732 shares of company stock worth $1,288,422. Company 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.