Accel Entertainment, Inc. (NYSE:ACEL – Free Report) – Investment analysts at Northland Securities lifted their FY2026 earnings estimates for shares of Accel Entertainment in a note issued to investors on Wednesday, November 4th. Northland Securities analyst G. Gibas now forecasts that the company will earn $0.75 per share for the year, up from their prior forecast of $0.66. The consensus estimate for Accel Entertainment’s current full-year earnings is $0.72 per share. Northland Securities also issued estimates for Accel Entertainment’s Q4 2026 earnings at $0.17 EPS.
Several other brokerages have also recently issued reports on ACEL. Citigroup reaffirmed a “market outperform” rating on shares of Accel Entertainment in a research report on Wednesday, August 5th. National Bank Financial set a $15.00 price target on Accel Entertainment in a research report on Wednesday, August 5th. Truist Financial dropped their price objective on Accel Entertainment from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Tuesday, October 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Accel Entertainment in a report on Tuesday, September 22nd. Finally, Wall Street Zen upgraded shares of Accel Entertainment from a “buy” rating to a “strong-buy” rating in a report on Saturday. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $14.25.
View Our Latest Stock Analysis on ACEL
Accel Entertainment Stock Performance
Shares of Accel Entertainment stock opened at $13.88 on Tuesday. The company has a market cap of $1.13 billion, a PE ratio of 18.26 and a beta of 1.09. Accel Entertainment has a 52 week low of $9.55 and a 52 week high of $14.00. The business has a 50 day moving average price of $11.43 and a 200-day moving average price of $11.75. The company has a quick ratio of 2.40, a current ratio of 2.27 and a debt-to-equity ratio of 1.76.
Accel Entertainment (NYSE:ACEL – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. The business had revenue of $363.56 million during the quarter, compared to the consensus estimate of $358.62 million. Accel Entertainment had a return on equity of 22.62% and a net margin of 4.49%.
Hedge Funds Weigh In On Accel Entertainment
Institutional investors have recently bought and sold shares of the company. R Squared Ltd increased its position in Accel Entertainment by 52.2% in the third quarter. R Squared Ltd now owns 39,925 shares of the company’s stock worth $426,000 after buying an additional 13,686 shares during the last quarter. Uhlmann Price Securities LLC purchased a new position in shares of Accel Entertainment during the 3rd quarter valued at $203,000. CenterBook Partners LP bought a new position in shares of Accel Entertainment during the 3rd quarter worth $499,000. Oppenheimer & Co. Inc. bought a new position in shares of Accel Entertainment during the 3rd quarter worth $128,000. Finally, USA Financial Formulas purchased a new stake in Accel Entertainment in the 3rd quarter worth about $41,000. Hedge funds and other institutional investors own 55.39% of the company’s stock.
Insider Activity
In related news, CEO Mark Phelan sold 25,000 shares of the firm’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $12.00, for a total transaction of $300,000.00. Following the completion of the sale, the chief executive officer owned 216,464 shares in the company, valued at approximately $2,597,568. This trade represents a 10.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Derek Harmer sold 26,324 shares of Accel Entertainment stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $11.63, for a total transaction of $306,148.12. Following the completion of the sale, the insider directly owned 170,929 shares in the company, valued at approximately $1,987,904.27. This represents a 13.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 65,036 shares of company stock valued at $765,180. 14.47% of the stock is owned by company insiders.
About Accel Entertainment
Accel Entertainment, Inc is a distributed gaming operator that provides regulated gaming services and equipment to non-casino businesses. The company places and operates gaming terminals in locations such as bars, restaurants, taverns, convenience stores, truck stops, and fraternal or veterans organizations, allowing these establishments to offer legal gaming without operating a traditional casino.
Accel manages the installation, maintenance, monitoring, and regulatory compliance of its gaming equipment.
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