Accel Entertainment (ACEL) Projected to Post Earnings on Wednesday

Accel Entertainment (NYSE:ACEL) is expected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Accel Entertainment to post earnings of $0.20 per share and revenue of $306.07 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Accel Entertainment Stock Performance

NYSE:ACEL opened at $12.39 on Wednesday. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 24.29 and a beta of 1.46. The stock has a fifty day moving average price of $11.12 and a 200-day moving average price of $11.34. Accel Entertainment has a fifty-two week low of $9.37 and a fifty-two week high of $12.96. The company has a debt-to-equity ratio of 2.54, a quick ratio of 2.63 and a current ratio of 2.71.

Insider Buying and Selling at Accel Entertainment

In other Accel Entertainment news, insider Derek Harmer sold 10,000 shares of Accel Entertainment stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $11.70, for a total value of $117,000.00. Following the transaction, the insider now owns 199,413 shares in the company, valued at $2,333,132.10. The trade was a 4.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David W. Ruttenberg sold 25,000 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $10.61, for a total transaction of $265,250.00. Following the completion of the transaction, the director now directly owns 348,135 shares of the company’s stock, valued at $3,693,712.35. This trade represents a 6.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 69,577 shares of company stock valued at $781,322 in the last ninety days. 19.17% of the stock is currently owned by company insiders.

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.