ACEL - Accel Entertainment Inc Stock Price, Fair Value and News

11.19USD-0.11 (-0.97%)Market Closed

Market Summary

USD11.19-0.11

Market Closed

-0.97%

ACEL Alerts

3 major insider sales recently.

ACEL Stock Price

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ACEL RSI Chart

ACEL Valuation

Market Cap

937.8M

Price/Earnings (Trailing)

20.56

Price/Sales (Trailing)

0.8

EV/EBITDA

8.89

Price/Free Cashflow

18.46

ACEL Price/Sales (Trailing)

ACEL Profitability

EBT Margin

5.62%

Return on Equity

22.98%

Return on Assets

Free Cashflow Yield

5.42%

ACEL Fundamentals

ACEL Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

6.83%

Rev. Growth (Qtr)

3.33%

ACEL Earnings

Earnings (TTM)

45.6M

Earnings Growth (Yr)

19.26%

Earnings Growth (Qtr)

53%

Breaking Down ACEL Revenue

Last 7 days

0.1%

Last 30 days

-3.4%

Last 90 days

6.9%

Trailing 12 Months

34.8%

How does ACEL drawdown profile look like?

ACEL Financial Health

Current Ratio

2.85

Debt/Equity

2.59

Debt/Cashflow

0.26

ACEL Investor Care

Buy Backs (1Y)

3.30%

Diluted EPS (TTM)

0.53

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.1B	1.1B	1.2B	1.2B
2022	784.5M	810.4M	884.0M	969.8M
2021	357.0M	558.6M	616.8M	734.7M
2020	437.7M	333.8M	367.6M	316.4M
2019	358.5M	381.9M	405.3M	428.7M
2018	0	0	0	335.1M
2017	0	0	0	248.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Accel Entertainment Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 16, 2024	ruttenberg david w.	sold	-118,273	11.0453	-10,708	-
Apr 15, 2024	ruttenberg david w.	sold	-157,318	11.0074	-14,292	-
Apr 13, 2024	harmer derek	acquired	-	-	1,543	secretary
Apr 13, 2024	phelan mark t.	sold (taxes)	-3,291	11.01	-299	president, u.s. gaming
Apr 13, 2024	rubenstein andrew h.	sold (taxes)	-35,947	11.01	-3,265	ceo and president
Apr 13, 2024	harmer derek	sold (taxes)	-4,987	11.01	-453	secretary
Apr 13, 2024	rubenstein andrew h.	acquired	-	-	7,488	ceo and president
Apr 13, 2024	phelan mark t.	acquired	-	-	1,018	president, u.s. gaming
Apr 09, 2024	peterson karl mr.	sold	-116,700	11.67	-10,000	-
Mar 21, 2024	peterson karl mr.	sold	-200,491	12.0004	-16,707	-

Which funds bought or sold ACEL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	reduced	-42.03	-38,000	77,000	-%
Apr 25, 2024	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	sold off	-100	-49,000	-	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-11.38	44,889	2,626,790	-%
Apr 25, 2024	Allworth Financial LP	unchanged	-	608	4,716	-%
Apr 25, 2024	Mesirow Financial Investment Management, Inc.	reduced	-69.29	-309,995	168,833	-%
Apr 25, 2024	Lindbrook Capital, LLC	reduced	-47.22	-2,332	3,584	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	unchanged	-	22,458	174,197	-%
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	7,327	56,828	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-77.31	-60,000	21,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-18,250	275,626	-%

Are Funds Buying or Selling ACEL?

Are funds buying ACEL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ACEL

No. of Funds

ACEL Alerts

3 major insider sales recently.

Unveiling Accel Entertainment Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 12, 2024	american century investment management inc	4.59%	3,890,693	SC 13G/A
Feb 01, 2024	darlington partners capital management, lp	9.3%	8,098,349	SC 13G/A
Jan 29, 2024	blackrock inc.	5.7%	4,831,724	SC 13G
Apr 25, 2023	clairvest group inc	19.52%	16,898,868	SC 13D/A
Mar 08, 2023	blackrock inc.	4.9%	4,366,608	SC 13G/A
Feb 14, 2023	darlington partners capital management, lp	8.7%	7,596,178	SC 13G/A
Feb 14, 2023	greenvale capital llp	6.2%	5,450,000	SC 13G/A
Feb 13, 2023	blackrock inc.	5.1%	4,455,177	SC 13G
Feb 08, 2023	american century investment management inc	6.00%	5,246,371	SC 13G
Feb 14, 2022	light street capital management, llc	4.5%	4,256,931	SC 13G/A

Recent SEC filings of Accel Entertainment Inc

View All Filings

Date Filed	Form Type	Document
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading
Apr 09, 2024	144	Notice of Insider Sale Intent
Mar 22, 2024	4	Insider Trading
Mar 21, 2024	ARS	ARS
Mar 21, 2024	DEFA14A	DEFA14A
Mar 21, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Accel Entertainment Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BKNG	120.3B	21.4B	-4.27%	34.93%	28.05	5.63	25.01%	40.26%
ABNB	104.6B	9.9B	-2.60%	43.42%	21.83	10.55	18.07%	153.14%
DKNG	37.4B	3.7B	-15.61%	-	-46.61	10.2	63.60%	41.79%
RCL	36.1B	14.7B	0.45%	130.84%	17.16	2.45	38.22%	303.03%
CCL	16.9B	22.6B	-10.86%	73.29%	41.79	0.75	77.46%	108.27%
MGM	13.1B	16.2B	-9.23%	-0.47%	11.5	0.81	23.13%	-22.46%
MID-CAP
HAS	8.9B	5.0B	18.99%	27.92%	-6.01	1.79	-14.57%	-831.84%
NCLH	8.1B	8.5B	-4.07%	55.22%	48.74	0.95	76.51%	107.32%
MAT	6.3B	5.4B	-4.85%	8.78%	29.43	1.16	0.12%	-45.58%
PENN	2.6B	6.4B	-3.37%	-38.89%	-5.25	0.4	-0.61%	-320.62%
SMALL-CAP
PTON	1.1B	2.7B	-27.40%	-64.88%	-1.3	0.42	-10.55%	68.37%
ACEL	937.8M	1.2B	-3.43%	34.81%	20.56	0.8	20.69%	-38.46%
AGS	349.1M	356.5M	-2.76%	74.07%	815.61	0.98	15.22%	105.33%
CLAR	239.7M	286.0M	-9.39%	-34.97%	-23.63	0.84	-9.27%	85.46%
CNTY	91.1M	550.2M	-2.61%	-56.09%	-3.23	0.17	27.80%	-453.54%

Accel Entertainment Inc News

Latest updates

Accel Entertainment Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.3%	297	287	293	293	278	267	228	197	192	193	202	147	74.00	135	0.00	106	126	101	104	97.00	-
Costs and Expenses	3.5%	272	262	263	266	253	244	201	176	175	175	177	138	86.00	126	24.00	104	131	100	95.00	89.00	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.00	4.00	0.00	0.00
S&GA Expenses	5.9%	48.00	45.00	44.00	43.00	42.00	40.00	33.00	31.00	32.00	28.00	26.00	24.00	22.00	23.00	10.00	22.00	18.00	18.00	17.00	16.00	-
EBITDA Margin	0.5%	0.11*	0.11*	0.12*	0.14*	0.15*	0.14*	0.13*	0.13*	0.11*	0.10*	0.08*	-0.08*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.5%	8.00	8.00	6.00	9.00	8.00	6.00	3.00	3.00	1.00	3.00	3.00	3.00	3.00	3.00	2.00	4.00	3.00	3.00	3.00	3.00	2.00
Income Taxes	-26.0%	3.00	5.00	6.00	6.00	4.00	5.00	7.00	5.00	3.00	4.00	6.00	2.00	-5.10	-6.60	-5.10	-0.14	2.00	-0.70	2.00	2.00	-
Earnings Before Taxes	28.5%	19.00	15.00	16.00	15.00	18.00	27.00	29.00	21.00	10.00	15.00	18.00	3.00	-13.65	0.00	-51.82	48.00	-41.04	-2.30	6.00	6.00	2.00
EBT Margin	1.2%	0.06*	0.06*	0.07*	0.08*	0.10*	0.10*	0.09*	0.08*	0.06*	0.04*	0.01*	-0.17*	-	-	-	-	-	-	-	-	-
Net Income	53.0%	16.00	10.00	10.00	9.00	13.00	22.00	22.00	16.00	7.00	11.00	12.00	2.00	-8.52	7.00	-46.77	48.00	-43.49	-1.60	4.00	4.00	6.00
Net Income Margin	4.3%	0.04*	0.04*	0.05*	0.06*	0.08*	0.08*	0.07*	0.06*	0.04*	0.03*	0.02*	-0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	98.3%	19.00	10.00	6.00	17.00	15.00	17.00	13.00	15.00	20.00	18.00	24.00	20.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	4.8%	913	871	863	870	863	838	817	625	616	600	601	590	560	565	525	551	509	430	462	460	335
Current Assets	10.6%	313	283	281	299	299	284	288	255	248	198	196	188	152	210	180	195	151	0.00	1.00	0.00	102
Cash Equivalents	13.6%	262	230	233	229	224	212	220	195	199	180	179	173	134	179	149	167	125	111	100	95.00	92.00
Inventory	13.3%	8.00	7.00	7.00	7.00	7.00	7.00	6.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	6.1%	261	246	236	226	212	207	190	157	152	148	145	144	144	131	124	125	119	-	-	-	92.00
Goodwill	0%	102	102	102	102	101	99.00	99.00	46.00	46.00	46.00	46.00	46.00	46.00	35.00	35.00	35.00	35.00	35.00	-	-	-
Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25.00	20.00	16.00	16.00
Current Liabilities	18.9%	110	92.00	93.00	93.00	90.00	93.00	86.00	72.00	72.00	66.00	58.00	56.00	52.00	53.00	86.00	47.00	55.00	6.00	4.00	0.00	86.00
Long Term Debt	6.2%	514	484	490	514	519	498	479	323	324	310	327	342	322	331	381	385	335	-	-	-	169
LT Debt, Current	0.0%	28.00	28.00	28.00	23.00	23.00	23.00	23.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	15.00	-	-	-	63.00
LT Debt, Non Current	6.2%	514	484	490	514	519	498	479	323	324	310	327	342	322	331	381	385	335	-	-	-	169
Shareholder's Equity	-0.2%	198	199	189	182	179	181	174	167	158	164	152	131	128	122	33.00	25.00	24.00	70.00	68.00	62.00	57.00
Retained Earnings	19.1%	99.00	83.00	73.00	63.00	54.00	40.00	18.00	-4.43	-20.22	-27.03	-37.83	-50.28	-51.78	-43.26	-50.09	-3.33	-51.37	5.00	5.00	5.00	-17.20
Additional Paid-In Capital	1.2%	203	201	198	195	194	192	191	189	188	186	184	181	180	166	30.00	29.00	8.00	-	-	-	80.00
Shares Outstanding	-0.4%	86.00	86.00	86.00	86.00	91.00	91.00	92.00	93.00	94.00	94.00	93.00	93.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	560	-	-	-	610	-	-	-	652	-	-	-	332	-	-	-	468	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	43.9%	40,523	28,162	25,862	37,983	29,749	37,039	19,150	22,061	30,493	26,104	32,572	21,586	-7,823	21,402	-12,935	-4,349	-87.00	19,569	8,183	17,900	44,112
Share Based Compensation	-10.1%	2,443	2,718	2,567	1,688	1,884	1,070	2,281	1,605	1,696	966	2,148	1,593	1,483	1,668	1,327	1,060	1,853	127	128	128	-
Cashflow From Investing	-27.3%	-24,389	-19,159	7,340	-23,585	-20,392	-31,604	-130,880	-6,387	-13,324	-7,462	-11,296	-2,462	-38,287	-19,146	-268	-3,734	-25,273	-115,711	-4,997	-5,551	-73,547
Cashflow From Financing	225.2%	15,089	-12,049	-28,297	-9,982	2,693	-13,540	137,000	-19,562	1,734	-17,267	-15,446	19,103	1,453	28,018	-4,501	49,218	39,542	107,856	962	-9,219	46,212
Buy Backs	324.7%	14,339	3,376	8,230	4,206	17,085	22,486	25,498	13,934	8,983	-	-25,498	25,498	-	-	-	-	-	-	-	-	-

ACEL Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Total net revenues	$ 1,170,420	$ 969,797	$ 734,707
Operating expenses:
Cost of revenue (exclusive of depreciation and amortization expense shown below)	809,524	666,126	494,032
Cost of manufacturing goods sold (exclusive of depreciation and amortization expense shown below)	7,671	4,775	0
General and administrative	180,248	145,942	110,818
Depreciation and amortization of property and equipment	37,906	29,295	24,636
Amortization of intangible assets and route and customer acquisition costs	21,211	17,484	22,040
Other expenses, net	6,453	9,320	12,989
Total operating expenses	1,063,013	872,942	664,515
Operating income	107,407	96,855	70,192
Interest expense, net	33,144	21,637	12,702
Loss (gain) on change in fair value of contingent earnout shares	8,539	(19,544)	9,762
Loss on debt extinguishment	0	0	1,152
Income before income tax expense	65,724	94,762	46,576
Income tax expense	20,121	20,660	15,017
Net income	$ 45,603	$ 74,102	$ 31,559
Earnings per common share:
Basic (in usd per share)	$ 0.53	$ 0.82	$ 0.34
Diluted (in usd per share)	$ 0.53	$ 0.81	$ 0.33
Weighted average number of shares outstanding:
Basic (in shares)	85,949	90,629	93,781
Diluted (in shares)	86,803	91,229	94,638
Comprehensive income
Net income	$ 45,603	$ 74,102	$ 31,559
Unrealized loss on investment in convertible notes (net of income taxes of $(36))	0	0	(93)
Unrealized (loss) gain on interest rate caplets (net of income taxes of $(1,618) and $4,693, respectively)	(4,304)	12,240	0
Comprehensive income	41,299	86,342	31,466
Net gaming
Total net revenues	1,113,573	925,009	705,784
Amusement
Total net revenues	23,973	21,106	16,667
Manufacturing
Total net revenues	13,353	7,621	0
ATM fees and other
Total net revenues	$ 19,521	$ 16,061	$ 12,256

ACEL Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 261,611	$ 224,113
Accounts receivable, net	13,467	11,166
Prepaid expenses	6,287	7,407
Inventories	7,681	6,941
Interest rate caplets	8,140	8,555
Investment in convertible notes	0	32,065
Other current assets	15,408	8,965
Total current assets	312,594	299,212
Property and equipment, net	260,813	211,844
Noncurrent assets:
Route and customer acquisition costs, net	19,188	18,342
Location contracts acquired, net	176,311	189,343
Goodwill	101,554	100,707
Other intangible assets, net	20,542	22,979
Interest rate caplets, net of current	4,871	11,364
Other assets	17,020	8,978
Total noncurrent assets	339,486	351,713
Total assets	912,893	862,769
Current liabilities:
Current maturities of debt	28,483	23,466
Current portion of route and customer acquisition costs payable	1,505	1,487
Accrued location gaming expense	9,350	7,791
Accrued state gaming expense	18,364	16,605
Accounts payable and other accrued expenses	36,012	22,302
Accrued compensation and related expenses	12,648	10,607
Current portion of consideration payable	3,288	7,647
Total current liabilities	109,650	89,905
Long-term liabilities:
Debt, net of current maturities	514,091	518,566
Route and customer acquisition costs payable, less current portion	4,955	5,137
Consideration payable, less current portion	4,201	6,872
Contingent earnout share liability	31,827	23,288
Other long-term liabilities	7,015	3,390
Deferred income tax liability, net	42,750	37,021
Total long-term liabilities	604,839	594,274
Stockholders’ equity:
Preferred Stock, par value of $0.0001; 1,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2023 and December 31, 2022	0	0
Class A-1 Common Stock, par value $0.0001; 250,000,000 shares authorized; 95,016,960 shares issued and 84,123,385 shares outstanding at December 31, 2023; 94,504,051 shares issued and 86,674,390 shares outstanding at December 31, 2022	8	9
Additional paid-in capital	203,046	194,157
Treasury stock, at cost	(112,070)	(81,697)
Accumulated other comprehensive income	7,936	12,240
Accumulated earnings	99,484	53,881
Total stockholders' equity	198,404	178,590
Total liabilities and stockholders' equity	$ 912,893	$ 862,769

About Accel Entertainment Inc

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. The company also provides gaming solutions to location partners that appeal to players who patronize those businesses. In addition, it operates stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, and other related entertainment equipment. The company is headquartered in Burr Ridge, Illinois.

CEO	Mr. Andrew Harry Rubenstein
WEBSITE	accelentertainment.com
INDUSTRY	Leisure
EMPLOYEES	1300

Accel Entertainment Inc Frequently Asked Questions

What is the ticker symbol for Accel Entertainment Inc? What does ACEL stand for in stocks?

ACEL is the stock ticker symbol of Accel Entertainment Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Accel Entertainment Inc (ACEL)?

As of Thu Apr 25 2024, market cap of Accel Entertainment Inc is 946.98 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ACEL stock?

You can check ACEL's fair value in chart for subscribers.

What is the fair value of ACEL stock?

You can check ACEL's fair value in chart for subscribers. The fair value of Accel Entertainment Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Accel Entertainment Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ACEL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Accel Entertainment Inc a good stock to buy?

The fair value guage provides a quick view whether ACEL is over valued or under valued. Whether Accel Entertainment Inc is cheap or expensive depends on the assumptions which impact Accel Entertainment Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ACEL.

What is Accel Entertainment Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, ACEL's PE ratio (Price to Earnings) is 20.77 and Price to Sales (PS) ratio is 0.81. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ACEL PE ratio will change depending on the future growth rate expectations of investors.