Accel Entertainment (ACEL) to Release Quarterly Earnings on Thursday

Accel Entertainment (NYSE:ACEL - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, February 27th. Analysts expect Accel Entertainment to post earnings of $0.20 per share and revenue of $306.07 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Accel Entertainment Stock Down 3.6 %

ACEL stock traded down $0.46 during trading on Friday, reaching $12.02. 408,624 shares of the company traded hands, compared to its average volume of 288,501. Accel Entertainment has a 12 month low of $9.37 and a 12 month high of $12.96. The business has a 50 day simple moving average of $11.14 and a 200 day simple moving average of $11.35. The company has a market capitalization of $989.32 million, a price-to-earnings ratio of 23.56 and a beta of 1.46. The company has a debt-to-equity ratio of 2.54, a quick ratio of 2.63 and a current ratio of 2.71.

Insiders Place Their Bets

In other Accel Entertainment news, insider Derek Harmer sold 10,000 shares of the firm's 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 completion of the sale, the insider now owns 199,413 shares of the company's stock, valued at approximately $2,333,132.10. This trade represents a 4.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David W. Ruttenberg sold 25,000 shares of the firm's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the completion of the transaction, the director now owns 360,635 shares of the company's stock, valued at approximately $4,147,302.50. The trade was a 6.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 94,577 shares of company stock valued at $1,090,072. 19.17% of the stock is currently owned by corporate insiders.

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.