Accel Entertainment (NYSE:ACEL) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $650 million-705 million, compared to the consensus revenue estimate of $602.49 million.
Accel Entertainment stock traded up $0.03 during trading hours on Friday, hitting $12.69. The stock had a trading volume of 557 shares, compared to its average volume of 236,354. The company’s 50-day simple moving average is $12.47. The company has a debt-to-equity ratio of 2.60, a quick ratio of 3.34 and a current ratio of 3.34. The stock has a market cap of $1.19 billion, a P/E ratio of -97.38 and a beta of 1.32. Accel Entertainment has a fifty-two week low of $7.34 and a fifty-two week high of $15.11.
Accel Entertainment (NYSE:ACEL) last issued its quarterly earnings data on Tuesday, March 16th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.03). Accel Entertainment had a negative net margin of 2.66% and a positive return on equity of 6.21%. The company had revenue of $74.41 million for the quarter, compared to the consensus estimate of $70.60 million. On average, equities analysts anticipate that Accel Entertainment will post 0.63 earnings per share for the current fiscal year.
In related news, Director David W. Ruttenberg sold 22,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 1st. The stock was sold at an average price of $13.03, for a total value of $286,660.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew H. Rubenstein sold 50,000 shares of the company’s stock in a transaction on Thursday, April 29th. The shares were sold at an average price of $13.11, for a total transaction of $655,500.00. Following the completion of the sale, the chief executive officer now directly owns 4,192,232 shares in the company, valued at $54,960,161.52. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 224,397 shares of company stock worth $2,714,373. Insiders own 18.76% of the company’s stock.
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 video game 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.
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