Accel Entertainment (ACEL) Projected to Post Quarterly Earnings on Thursday

Accel Entertainment (NYSE:ACEL) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $306.07 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Accel Entertainment Stock Performance

Accel Entertainment stock opened at $11.85 on Wednesday. The company’s 50-day moving average price is $11.16 and its 200-day moving average price is $11.39. Accel Entertainment has a twelve month low of $9.37 and a twelve month high of $12.96. The company has a quick ratio of 2.63, a current ratio of 2.71 and a debt-to-equity ratio of 2.54. The company has a market cap of $975.32 million, a PE ratio of 23.23 and a beta of 1.46.

Insider Activity at Accel Entertainment

In other news, insider Mark T. Phelan sold 9,577 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $11.65, for a total value of $111,572.05. Following the completion of the sale, the insider now owns 189,788 shares of the company’s stock, valued at approximately $2,211,030.20. This represents a 4.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David W. Ruttenberg sold 25,000 shares of the company’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $10.61, for a total value of $265,250.00. Following the sale, the director now owns 348,135 shares of the company’s stock, valued at approximately $3,693,712.35. This represents a 6.70 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 94,577 shares of company stock worth $1,090,072. Insiders own 17.90% of the company’s stock.

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.