Closing Figures Unveiled: Accel Entertainment Inc (ACEL) Drop -0.10, Closes at 9.83

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Accel Entertainment Inc (NYSE: ACEL) closed the day trading at $9.83 down -0.10% from the previous closing price of $9.84. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 0.6 million shares were traded. ACEL stock price reached its highest trading level at $9.94 during the session, while it also had its lowest trading level at $9.6301.

Ratios:

For a better understanding of ACEL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.43. For the most recent quarter (mrq), Quick Ratio is recorded 2.76 and its Current Ratio is at 2.83. In the meantime, Its Debt-to-Equity ratio is 2.70 whereas as Long-Term Debt/Eq ratio is at 2.55.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on December 06, 2021, Downgraded its rating to Neutral and sets its target price to $14.50 from $15.50 previously.

On December 03, 2021, Macquarie Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $17.

Deutsche Bank Upgraded its Hold to Buy on November 08, 2021, whereas the target price for the stock was revised from $14 to $17.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 16 ’24 when Ruttenberg David W. sold 10,708 shares for $11.05 per share. The transaction valued at 118,273 led to the insider holds 441,545 shares of the business.

Ruttenberg David W. sold 14,292 shares of ACEL for $157,318 on Apr 15 ’24. The Director now owns 446,914 shares after completing the transaction at $11.01 per share. On Apr 09 ’24, another insider, Peterson Karl Mr., who serves as the Director of the company, sold 10,000 shares for $11.67 each. As a result, the insider received 116,700 and left with 2,468,938 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACEL now has a Market Capitalization of 823225152 and an Enterprise Value of 1107448064. As of this moment, Accel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.39, and their Forward P/E ratio for the next fiscal year is 11.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 4.07. Its current Enterprise Value per Revenue stands at 0.939 whereas that against EBITDA is 6.641.

Stock Price History:

The Beta on a monthly basis for ACEL is 1.44, which has changed by 0.04131353 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, ACEL has reached a high of $12.05, while it has fallen to a 52-week low of $8.93. The 50-Day Moving Average of the stock is -13.17%, while the 200-Day Moving Average is calculated to be -8.65%.

Shares Statistics:

Over the past 3-months, ACEL traded about 292.92K shares per day on average, while over the past 10 days, ACEL traded about 515310 shares per day. A total of 84.12M shares are outstanding, with a floating share count of 55.60M. Insiders hold about 33.61% of the company’s shares, while institutions hold 51.10% stake in the company. Shares short for ACEL as of 1714435200 were 1383536 with a Short Ratio of 4.72, compared to 1711584000 on 1582326. Therefore, it implies a Short% of Shares Outstanding of 1383536 and a Short% of Float of 2.6700001.

Earnings Estimates

A detailed examination of Accel Entertainment Inc (ACEL) is currently in progress, with 3.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.21 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.15, while EPS last year was $0.24. The consensus estimate for the next quarter is $0.21, with high estimates of $0.24 and low estimates of $0.18.

Analysts are recommending an EPS of between $0.93 and $0.71 for the fiscal current year, implying an average EPS of $0.84. EPS for the following year is $0.85, with 2.0 analysts recommending between $1.03 and $0.66.

Revenue Estimates

3 analysts predict $301.82M in revenue for the current quarter. It ranges from a high estimate of $298.2M to a low estimate of $291.73M. As of the current estimate, Accel Entertainment Inc’s year-ago sales were $293.21MFor the next quarter, 3 analysts are estimating revenue of $300.67M. There is a high estimate of $302.5M for the next quarter, whereas the lowest estimate is $299.5M.

A total of 3 analysts have provided revenue estimates for ACEL’s current fiscal year. The highest revenue estimate was $1.2B, while the lowest revenue estimate was $1.2B, resulting in an average revenue estimate of $1.2B. In the same quarter a year ago, actual revenue was $1.17BBased on 2 analysts’ estimates, the company’s revenue will be $1.24B in the next fiscal year. The high estimate is $1.25B and the low estimate is $1.24B.

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