View Future GrowthAccel Entertainment 過去の業績過去 基準チェック /46Accel Entertainmentは、平均年間14%の収益成長を遂げていますが、 Hospitality業界の収益は、年間 成長しています。収益は、平均年間33.9% 16.9%収益成長率で 成長しています。 Accel Entertainmentの自己資本利益率は18.6%であり、純利益率は3.8%です。主要情報13.99%収益成長率16.02%EPS成長率Hospitality 業界の成長19.52%収益成長率16.91%株主資本利益率18.57%ネット・マージン3.79%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.18 (up from US$0.17 in 1Q 2025). Revenue: US$351.6m (up 8.5% from 1Q 2025). Net income: US$14.7m (flat on 1Q 2025). Profit margin: 4.2% (down from 4.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 6.6%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Apr 07Accel Entertainment, Inc. to Report Q1, 2026 Results on May 05, 2026Accel Entertainment, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026Reported Earnings • Mar 04Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$0.60 (up from US$0.42 in FY 2024). Revenue: US$1.33b (up 8.1% from FY 2024). Net income: US$51.5m (up 46% from FY 2024). Profit margin: 3.9% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Feb 05Accel Entertainment, Inc. to Report Q4, 2025 Results on Mar 03, 2026Accel Entertainment, Inc. announced that they will report Q4, 2025 results After-Market on Mar 03, 2026Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.16 (up from US$0.059 in 3Q 2024). Revenue: US$329.7m (up 9.1% from 3Q 2024). Net income: US$13.4m (up 173% from 3Q 2024). Profit margin: 4.1% (up from 1.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Oct 21Accel Entertainment, Inc. to Report Q3, 2025 Results on Nov 04, 2025Accel Entertainment, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025すべての更新を表示Recent updatesSeeking Alpha • May 19Accel Entertainment: All Eyes On ChicagoSummary Accel Entertainment maintains steady earnings growth but remains rangebound, with a HOLD rating due to limited near-term upside. Chicago's VGT legalization is a potential growth driver, but higher operating costs and uncertain regulatory details may dilute margins. ACEL's forward growth forecasts for revenue, EBITDA, and EPS are materially below its five-year averages, signaling ex-growth status. Valuation remains rangebound at 5.7x EV/EBITDA, with no fundamental catalyst for a breakout beyond technical trading bands. Read the full article on Seeking AlphaRecent Insider Transactions • May 15Independent Director recently bought US$578k worth of stockOn the 11th of May, Bruce Wardinski bought around 50k shares on-market at roughly US$11.55 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$11m more in shares than they bought in the last 12 months.ライブニュース • May 08Accel Entertainment Posts Record Q1 Revenue With Expansion in Key U.S. MarketsAccel Entertainment reported record Q1 2026 revenue of about US$352 million, with year-over-year growth described in the 8.5% to 9% range and results above revenue forecasts. Adjusted EBITDA was US$53.8 million and net income was US$14.7 million, with earnings per share of US$0.17 coming in slightly below some analyst expectations. The company expanded to 4,540 locations and 28,353 gaming terminals, continued rolling out ticket-in, ticket-out technology, launched table games at Fairmount Park Casino & Racing, and repurchased 1.1 million shares. For investors, the key takeaway is that Accel is pairing top-line growth with a fairly consistent operating margin of 7.7%, while also returning capital through buybacks. The record revenue figure, combined with stable profitability metrics, indicates a business that is adding scale across Illinois, Nebraska, Georgia and Nevada without a sharp change in overall margin structure. Management is signaling confidence through expansion plans in Chicago’s potential video gaming terminal market and active acquisition efforts in Louisiana and Nevada. The focus on both organic growth and smaller tuck-in deals, alongside the rollout of TITO technology and new table games, indicates that the company is working to deepen its position in existing markets while selectively entering new ones.Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.18 (up from US$0.17 in 1Q 2025). Revenue: US$351.6m (up 8.5% from 1Q 2025). Net income: US$14.7m (flat on 1Q 2025). Profit margin: 4.2% (down from 4.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 6.6%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Recent Insider Transactions • Apr 07Co-Founder recently sold US$497k worth of stockOn the 1st of April, Andrew Rubenstein sold around 45k shares on-market at roughly US$11.05 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$5.4m. Andrew has been a net seller over the last 12 months, reducing personal holdings by US$856k.お知らせ • Apr 07Accel Entertainment, Inc. to Report Q1, 2026 Results on May 05, 2026Accel Entertainment, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026お知らせ • Mar 20Accel Entertainment, Inc., Annual General Meeting, May 07, 2026Accel Entertainment, Inc., Annual General Meeting, May 07, 2026.Recent Insider Transactions • Mar 17Co-Founder recently sold US$315k worth of stockOn the 16th of March, Andrew Rubenstein sold around 28k shares on-market at roughly US$11.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Andrew's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Mar 13Co-Founder exercised options and sold US$121k worth of stockOn the 10th of March, Andrew Rubenstein exercised options to acquire 11k shares at no cost and sold these for an average price of US$11.45 per share. This trade did not impact their existing holding. For the year to December 2019, Andrew's total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Andrew's direct individual holding has decreased from 4.08m shares to 3.89m. Company insiders have collectively sold US$2.3m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Mar 04Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$0.60 (up from US$0.42 in FY 2024). Revenue: US$1.33b (up 8.1% from FY 2024). Net income: US$51.5m (up 46% from FY 2024). Profit margin: 3.9% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.ナラティブの更新 • Feb 25ACEL: Bullish Coverage And Leadership Transition Will Support Future Upside PotentialNarrative Update on Accel Entertainment Analysts have kept their $15.17 price target for Accel Entertainment steady, citing new bullish coverage and slight updates to the discount rate and forward P/E assumptions as support for maintaining this level. Analyst Commentary Bullish Takeaways Bullish analysts view the initiation with a positive stance as support for the current $15.17 target, seeing recent coverage as broadly consistent with existing valuation assumptions.ナラティブの更新 • Feb 08ACEL: Maintained Fair Value And Bullish Coverage Will Support Future Upside PotentialAnalysts have kept Accel Entertainment's fair value target steady at US$15.17, with only minor model adjustments to the discount rate, long term revenue growth, profit margin, and future P/E following fresh bullish coverage from CBRE and other recent research commentary. Analyst Commentary Street research so far has leaned constructive on Accel Entertainment, with recent coverage focusing on how the current share price lines up with the US$15.17 fair value target and what needs to go right on execution for that to hold.お知らせ • Feb 05Accel Entertainment, Inc. to Report Q4, 2025 Results on Mar 03, 2026Accel Entertainment, Inc. announced that they will report Q4, 2025 results After-Market on Mar 03, 2026お知らせ • Feb 03+ 1 more updateAccel Entertainment, Inc. Announces Chief Executive Officer ChangesAccel Entertainment, Inc. announced that Chief Executive Officer, Andy Rubenstein, has been named Chairman of the company’s Board of Directors, effective February 2, 2026. In addition, Mr. Mark Phelan, age 57 has been selected to succeed Mr. Rubenstein as Chief Executive Officer, effective August 7, 2026. These changes reflect the Board’s long-term commitment to strong corporate governance and a leadership succession strategy. As Chief Executive Officer and President, Mark Phelan will lead Accel with a continued focus on disciplined execution and operational consistency.ナラティブの更新 • Jan 24ACEL: Ongoing Buybacks And Bullish Coverage Will Support Future Upside PotentialAnalysts have nudged their price target for Accel Entertainment higher to about US$15.17 from roughly US$14.80, citing slightly adjusted assumptions around fair value, discount rate, revenue growth, profit margins and future P/E, following fresh bullish coverage from the Street. Analyst Commentary Recent bullish coverage focuses on how updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E link back to Accel Entertainment’s current share price and execution risks.Recent Insider Transactions Derivative • Jan 16Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of January. If the sale is conducted around the recent share price of US$11.44, it would amount to US$286k. Since March 2025, David's direct individual holding has decreased from 1.09m shares to 863.62k. Company insiders have collectively sold US$2.2m more than they bought, via options and on-market transactions in the last 12 months.ナラティブの更新 • Jan 10ACEL: Ongoing Buybacks Will Support Upside Potential In My ViewAnalysts have maintained their fair value estimate for Accel Entertainment at US$14.80, making only minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions that inform this latest price target update. What's in the News The Audit Committee selected Deloitte and Touche LLP as Accel Entertainment's independent registered public accounting firm for the fiscal year ending December 31, 2026, subject to standard client acceptance procedures, and approved the dismissal of KPMG LLP following completion of the 2025 audit (company filing).Recent Insider Transactions • Dec 19Independent Director recently sold US$140k worth of stockOn the 15th of December, David Ruttenberg sold around 13k shares on-market at roughly US$11.19 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.4m more than they bought in the last 12 months.ナラティブの更新 • Dec 17ACEL: Future Buybacks And New CFO Will Support Strong Upside PotentialAnalysts have modestly reduced their price target on Accel Entertainment to approximately $14.80 from $16.00, citing expectations for slower revenue growth and compressed profit margins, partially offset by a slightly lower discount rate and higher future valuation multiple assumptions. What's in the News Accel Entertainment completed its share repurchase program announced in November 2021, buying back 16,081,203 shares, or 18.26% of shares outstanding, for a total of $167.47 million (Key Developments).分析記事 • Dec 13Accel Entertainment (NYSE:ACEL) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Recent Insider Transactions Derivative • Dec 12Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of December. If the sale is conducted around the recent share price of US$10.76, it would amount to US$135k. Since December 2024, David's direct individual holding has decreased from 1.14m shares to 913.62k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Dec 02Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 45k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$10.22, it would amount to US$460k. For the year to December 2018, Andrew's total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Andrew's direct individual holding has decreased from 4.02m shares to 3.94m. Company insiders have collectively sold US$2.5m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.16 (up from US$0.059 in 3Q 2024). Revenue: US$329.7m (up 9.1% from 3Q 2024). Net income: US$13.4m (up 173% from 3Q 2024). Profit margin: 4.1% (up from 1.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Oct 21Accel Entertainment, Inc. to Report Q3, 2025 Results on Nov 04, 2025Accel Entertainment, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025お知らせ • Sep 23Accel Entertainment, Inc. Announces CFO Changes, Effective September 22, 2025Accel Entertainment, Inc. announced that Brett Summerer has been named Chief Financial Officer, effective September 22, 2025. Mr. Summerer will report directly to Accel’s Chief Executive Officer, Andy Rubenstein. Mr. Summerer succeeds Mark Phelan, who has served as acting CFO in addition to his ongoing role as President, U.S. Gaming. In his new role, Mr. Summerer will oversee all financial aspects of the Company’s business, including internal and external financial reporting, internal audit, compliance and controls, investor relations, and the Company’s treasury and capital markets functions. Mr. Summerer also will take a prominent role in strategic planning, business development, and mergers and acquisitions. With over 25 years of experience, Mr. Summerer has held senior finance, operations, and IT roles across public, private, and founder-led companies. He brings a strong record of delivering enterprise-wide transformational and sustainable growth, while balancing strategic investments with operational rigor. Mr. Summerer’s prior leadership roles at Kraft Heinz, Corning, and General Motors included managing global P&Ls, leading strategic initiatives, and driving profitable growth. Most recently, Mr. Summerer served as CFO of Verano Holdings, where he built a 70-person Finance and IT team, led multiple system implementations, and completed more than 20 M&A transactions in a regulated, multi-state company operating in a high-growth industry. Mr. Summerer holds multiple Bachelor of Science degrees and a Master’s degree from Michigan State University, as well as an MBA in Finance and Accounting from the University of Michigan’s Ross School of Business.Recent Insider Transactions Derivative • Sep 16Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of September. If the sale is conducted around the recent share price of US$11.13, it would amount to US$139k. Since September 2024, David's direct individual holding has decreased from 1.28m shares to 661.16k. Company insiders have collectively sold US$3.2m more than they bought, via options and on-market transactions in the last 12 months.New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 4.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Significant insider selling over the past 3 months (US$1.3m sold).Reported Earnings • Aug 06Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: US$0.085 (down from US$0.17 in 2Q 2024). Revenue: US$335.9m (up 8.6% from 2Q 2024). Net income: US$7.32m (down 50% from 2Q 2024). Profit margin: 2.2% (down from 4.7% in 2Q 2024). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 51%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Jul 23Accel Entertainment, Inc. to Report Q2, 2025 Results on Aug 05, 2025Accel Entertainment, Inc. announced that they will report Q2, 2025 results After-Market on Aug 05, 2025Recent Insider Transactions Derivative • Jul 22Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 180k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of July. If the sale is conducted around the recent share price of US$12.19, it would amount to US$2.2m. For the year to December 2018, Andrew's total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Andrew's direct individual holding has decreased from 4.18m shares to 4.00m. Company insiders have collectively sold US$3.3m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Jun 28Why Investors Shouldn't Be Surprised By Accel Entertainment, Inc.'s (NYSE:ACEL) P/EWhen close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...Recent Insider Transactions • Jun 20Independent Director recently sold US$282k worth of stockOn the 16th of June, David Ruttenberg sold around 25k shares on-market at roughly US$11.30 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$613k. Insiders have been net sellers, collectively disposing of US$2.3m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Jun 18Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of June. If the sale is conducted around the recent share price of US$11.25, it would amount to US$422k. Since September 2024, David's direct individual holding has decreased from 1.28m shares to 736.16k. Company insiders have collectively sold US$3.0m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Jun 11Vice Chairman of the Board & Co-Founder recently sold US$613k worth of stockOn the 6th of June, Gordon Rubenstein sold around 55k shares on-market at roughly US$11.17 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gordon's only on-market trade for the last 12 months.分析記事 • May 30Shareholders May Find It Hard To Justify A Pay Rise For Accel Entertainment, Inc.'s (NYSE:ACEL) CEO This YearKey Insights Accel Entertainment to hold its Annual General Meeting on 6th of June CEO Andy Rubenstein's total...分析記事 • May 23Here's Why Accel Entertainment (NYSE:ACEL) Has A Meaningful Debt BurdenSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • May 06First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.17 (up from US$0.088 in 1Q 2024). Revenue: US$323.9m (up 7.3% from 1Q 2024). Net income: US$14.6m (up 97% from 1Q 2024). Profit margin: 4.5% (up from 2.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 44%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • May 01Now 22% overvaluedOver the last 90 days, the stock has fallen 6.7% to US$10.51. The fair value is estimated to be US$8.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.分析記事 • May 01Is Accel Entertainment, Inc. (NYSE:ACEL) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights The projected fair value for Accel Entertainment is US$8.45 based on 2 Stage Free Cash Flow to Equity...お知らせ • Apr 30Accel Entertainment, Inc. Announces CFO TransitionAccel Entertainment, Inc. announced that Mathew Ellis, Chief Financial Officer, has resigned, effective May 9, 2025, to pursue other business interests. Mark Phelan, Accel’s President, U.S. Gaming, has been appointed as acting Chief Financial Officer upon Ellis’ departure. The Company is undertaking a search to fill the CFO position on a permanent basis. Mat first joined the company in 2015.お知らせ • Apr 22Accel Entertainment, Inc. to Report Q1, 2025 Results on May 05, 2025Accel Entertainment, Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025Recent Insider Transactions Derivative • Apr 17Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 245k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of April. If the sale is conducted around the recent share price of US$11.01, it would amount to US$2.7m. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Andrew's direct individual holding has decreased from 4.25m shares to 4.08m. Company insiders have collectively sold US$4.7m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Apr 14Accel Entertainment, Inc., Annual General Meeting, Jun 06, 2025Accel Entertainment, Inc., Annual General Meeting, Jun 06, 2025.お知らせ • Apr 12Accel Entertainment, Inc. Announces Board Changes, Effective April 10, 2025On April 10, 2025, Eden Godsoe, a Class 3 director on the Board of Directors (the Board") of Accel Entertainment, Inc. (the "Company"), informed the Company that she will not stand for reelection at the Company's upcoming 2025 Annual Meeting of Stockholders (the Annual Meeting"). Ms. Godsoe's decision not to stand for reelection was not due to any disagreement with the Company on any matter relating to its operations, policies, or practices. In addition, on April 10, 2025, the Board appointed Cheryl Kondra, effective immediately, as a Class 2 director on the Board with a term expiring at the Company's 2027 Annual Meeting of Stockholders. Following the Annual Meeting, Mrs. Kondra will be appointed as Chair of the Audit Committee of the Board (the Audit Committee") and as a member of the Compensation Committee of the Board (the Compensation Committee").Buy Or Sell Opportunity • Apr 08Now 20% overvaluedOver the last 90 days, the stock has fallen 5.0% to US$9.98. The fair value is estimated to be US$8.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.お知らせ • Apr 08Accel Entertainment, Inc. Announces Executive ChangesAccel Entertainment, Inc. announced the appointment of Scott Levin as Chief Legal Officer and Secretary, effective immediately. Levin brings more than three decades of experience as an executive and senior legal advisor for a variety of high-growth public and private companies and will support Accel’s continued expansion as not only the preferred gaming operations partner of bars, restaurants, convenience stores, and fraternal and veteran establishments across the country, but also a premier operator of brick-and-mortar retail stores and casinos. As Chief Legal Officer, Scott Levin will oversee all the Company’s legal affairs and report directly to Andy Rubenstein, Chief Executive Officer at Accel Entertainment. Levin has held senior leadership positions with several public and private companies across various industries, including serving as CEO of FTD Companies, leading the company in pursuing strategic opportunities and developing a robust legal function, and as the first General Counsel for Morton’s Restaurant Group, a publicly held restaurant holding company, helping Morton’s expand its leading hospitality footprint internationally. Levin was most recently the Founder and Managing Director of Portco Advisors LLC, where he served as outside general counsel and executive advisor for growing companies undergoing periods of significant transformation. Prior to founding Portco Advisors, Levin also served as General Counsel for companies including Torex Retail, a provider of information technology systems for the retail, fuel and convenience stores, and pub markets in Europe, and several successful startups including Atlas Power Group, Coskata, eMac Digital, and OurHouse. Levin received his Juris Doctor with Honors from George Washington University and received his Bachelor of Arts degree from Boston College. As a part of this announcement, Derek Harmer, current General Counsel and Chief Compliance Officer, will now serve as Accel’s first dedicated Chief Compliance Officer and will continue to report to Accel CEO Andy Rubenstein. Harmer will continue to leverage his decades of industry insights and experience to lead Accel’s national Compliance and Government Affairs functions, supporting the company in an increasingly complex regulatory and legislative environment.Seeking Alpha • Mar 27Accel Entertainment: Fairmount Park Reveals An Undervalued StockSummary Accel Entertainment is expanding its VGT operations beyond Illinois, acquiring 900 locations and 8,300 terminals in Montana and Nevada for $164.2 million. The Fairmount Park acquisition aims to diversify into the casino segment, with a projected $25 million EBITDA post-Phase 2 completion by FY 2027. Despite rising SG&A and interest expenses, Accel's revenue grew 5% to $1.231 billion in FY 2024, with strong sales per machine in most states. Accel appears undervalued with a price target of $12.50 to $13.50, offering a 25% margin of safety and a double-digit upside. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Mar 19Co-Founder exercised options and sold US$298k worth of stockOn the 16th of March, Andrew Rubenstein exercised options to acquire 30k shares at no cost and sold these for an average price of US$9.82 per share. This trade did not impact their existing holding. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Andrew's direct individual holding has decreased from 4.25m shares to 4.04m. Company insiders have collectively sold US$4.7m more than they bought, via options and on-market transactions in the last 12 months.Buy Or Sell Opportunity • Mar 14Now 22% overvaluedOver the last 90 days, the stock has fallen 17% to US$9.82. The fair value is estimated to be US$8.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.分析記事 • Mar 11Why Accel Entertainment, Inc. (NYSE:ACEL) Could Be Worth WatchingAccel Entertainment, Inc. ( NYSE:ACEL ), might not be a large cap stock, but it received a lot of attention from a...New Risk • Mar 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 28Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$0.42 (down from US$0.53 in FY 2023). Revenue: US$1.23b (up 5.2% from FY 2023). Net income: US$35.3m (down 23% from FY 2023). Profit margin: 2.9% (down from 3.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year.Recent Insider Transactions Derivative • Feb 19Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of February. If the sale is conducted around the recent share price of US$12.22, it would amount to US$153k. Since March 2024, David's direct individual holding has decreased from 1.40m shares to 1.11m. Company insiders have collectively sold US$4.6m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Feb 13Accel Entertainment, Inc. to Report Q4, 2024 Results on Feb 27, 2025Accel Entertainment, Inc. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025Recent Insider Transactions Derivative • Jan 06Co-Founder exercised options and sold US$121k worth of stockOn the 1st of January, Andrew Rubenstein exercised options to acquire 11k shares at no cost and sold these for an average price of US$10.68 per share. This trade did not impact their existing holding. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Andrew's direct individual holding has decreased from 4.24m shares to 4.02m. Company insiders have collectively sold US$4.6m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Dec 22Is Accel Entertainment (NYSE:ACEL) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • Dec 08Accel Entertainment, Inc.'s (NYSE:ACEL) Intrinsic Value Is Potentially 61% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Accel Entertainment fair value estimate is US$19.91 Accel...Recent Insider Transactions Derivative • Dec 04President of U.S. Gaming notifies of intention to sell stockMark Phelan intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of December. If the sale is conducted around the recent share price of US$12.63, it would amount to US$121k. Since December 2023, Mark's direct individual holding has increased from 169.25k shares to 190.79k. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Dec 04Accel Entertainment, Inc. (NYSE:ACEL) completed the acquisition of FanDuel Sportsbook & Horse Racing.Accel Entertainment, Inc. (NYSE:ACEL) agreed to acquire FanDuel Sportsbook & Horse Racing for $35 million on July 12, 2024. The consideration consists of 3.456119 million common equity of Accel Entertainment, Inc. to be issued for common equity of FanDuel Sportsbook & Horse Racing. For the period ending December 31, 2023, FanDuel Sportsbook & Horse Racing reported total revenue of $29 million. The transaction reflects TEV/EBITDA multiple of 5.5x. The transaction is subject to approval of merger agreement by target board, approval of offer by target shareholders, approval of offer by acquirer board and approval by regulatory board/committee. The transaction has been approved by Accel’s Board of Directors, the Board of Directors and shareholders of Fairmount Holdings. The deal received approvals from both the Illinois Gaming Board and Illinois Racing Board. The expected completion of the transaction is in the fourth quarter of 2024. Wells Fargo Securities, LLC acted as financial advisor for Accel Entertainment, Inc. Lewis Rice LLC acted as legal advisor for FanDuel Sportsbook & Horse Racing. McDermott Will & Emery LLP acted as legal advisor for Accel Entertainment, Inc. Accel Entertainment, Inc. (NYSE:ACEL) completed the acquisition of FanDuel Sportsbook & Horse Racing on December 2, 2024. Wells Fargo & Company (NYSE:WFC) acted as financial advisor to Fairmount Holdings.New Risk • Nov 20New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Significant insider selling over the past 3 months (US$821k sold).Recent Insider Transactions Derivative • Nov 17Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of November. If the sale is conducted around the recent share price of US$11.77, it would amount to US$441k. Since December 2023, David's direct individual holding has decreased from 1.46m shares to 277.46k. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Nov 10Independent Director recently sold US$821k worth of stockOn the 8th of November, David Ruttenberg sold around 70k shares on-market at roughly US$11.73 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$6.8m more than they bought in the last 12 months.分析記事 • Nov 10Subdued Growth No Barrier To Accel Entertainment, Inc.'s (NYSE:ACEL) PriceAccel Entertainment, Inc.'s ( NYSE:ACEL ) price-to-earnings (or "P/E") ratio of 22.8x might make it look like a sell...Recent Insider Transactions Derivative • Nov 04Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 165k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of November. If the sale is conducted around the recent share price of US$11.04, it would amount to US$1.8m. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Andrew has owned 4.18m shares directly. Company insiders have collectively sold US$6.8m more than they bought, via options and on-market transactions in the last 12 months.New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (128% net debt to equity). Large one-off items impacting financial results.Reported Earnings • Nov 01Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: US$0.059 (down from US$0.12 in 3Q 2023). Revenue: US$302.2m (up 5.1% from 3Q 2023). Net income: US$4.90m (down 53% from 3Q 2023). Profit margin: 1.6% (down from 3.6% in 3Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 48%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Oct 16Accel Entertainment, Inc. to Report Q3, 2024 Results on Oct 30, 2024Accel Entertainment, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024新しいナラティブ • Sep 24Critical Acquisitions And Market Expansion Fuel Future Revenue And EBITDA Growth Strategic expansion and diversification efforts, such as the acquisition of Fairmount Park, aim to enhance revenue and EBITDA growth. Recent Insider Transactions Derivative • Aug 18Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of August. If the sale is conducted around the recent share price of US$10.84, it would amount to US$279k. Since September 2023, David's direct individual holding has decreased from 1.52m shares to 1.33m. Company insiders have collectively sold US$6.7m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Aug 02Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 256k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of July. If the sale is conducted around the recent share price of US$12.20, it would amount to US$3.1m. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Andrew's direct individual holding has increased from 4.23m shares to 4.25m. Company insiders have collectively sold US$7.2m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Aug 01Earnings Beat: Accel Entertainment, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAccel Entertainment, Inc. ( NYSE:ACEL ) just released its second-quarter report and things are looking bullish. It was...Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$0.17 (up from US$0.12 in 2Q 2023). Revenue: US$309.4m (up 5.7% from 2Q 2023). Net income: US$14.6m (up 46% from 2Q 2023). Profit margin: 4.7% (up from 3.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Jul 30Accel Entertainment Will Not Accelerate Your ReturnSummary Accel Entertainment designs, manufactures, and operates gaming terminals, ATMs, and amusement devices for non-casino locations. The recent share buybacks, revenue growth, and the shift towards casino operations are persuasive to invest in Accel stock. However, I see limited upside for Accel’s shareholders, primarily due to the constant decrease in owner earnings per share after 2021. Read the full article on Seeking Alpha分析記事 • Jul 27Is Accel Entertainment (NYSE:ACEL) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Jul 17Accel Entertainment, Inc. to Report Q2, 2024 Results on Jul 30, 2024Accel Entertainment, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024お知らせ • Jul 16Accel Entertainment, Inc. (NYSE:ACEL) agreed to acquire FanDuel Sportsbook & Horse Racing for $35 million.Accel Entertainment, Inc. (NYSE:ACEL) agreed to acquire FanDuel Sportsbook & Horse Racing for $35 million on July 12, 2024. The consideration consists of 3.456119 million common equity of Accel Entertainment, Inc. to be issued for common equity of FanDuel Sportsbook & Horse Racing. For the period ending December 31, 2023, FanDuel Sportsbook & Horse Racing reported total revenue of $29 million. The transaction reflects TEV/EBITDA multiple of 5.5x. The transaction is subject to approval of merger agreement by target board and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is in the fourth quarter of 2024. Wells Fargo Securities, LLC acted as financial advisor for Accel Entertainment, Inc. Lewis Rice LLC acted as legal advisor for FanDuel Sportsbook & Horse Racing. McDermott Will & Emery LLP acted as legal advisor for Accel Entertainment, Inc.Recent Insider Transactions Derivative • Jul 15Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of July. If the sale is conducted around the recent share price of US$10.30, it would amount to US$258k. Since September 2023, David's direct individual holding has decreased from 1.52m shares to 1.36m. Company insiders have collectively sold US$7.1m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Jun 17Independent Chairman of the Board recently sold US$647k worth of stockOn the 14th of June, Karl Peterson sold around 65k shares on-market at roughly US$9.98 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.0m. This was Karl's only on-market trade for the last 12 months.Recent Insider Transactions • May 20Vice Chairman of the Board & Co-Founder recently sold US$2.0m worth of stockOn the 16th of May, Gordon Rubenstein sold around 200k shares on-market at roughly US$9.80 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gordon has been a net seller over the last 12 months, reducing personal holdings by US$7.2m.Recent Insider Transactions Derivative • May 17Vice Chairman of the Board & Co-Founder notifies of intention to sell stockGordon Rubenstein intends to sell 200k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of May. If the sale is conducted around the recent share price of US$9.93, it would amount to US$2.0m. Since June 2023, Gordon's direct individual holding has decreased from 2.39m shares to 2.10m. Company insiders have collectively sold US$5.8m more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • May 15Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.601 to US$0.514 per share. Revenue forecast steady at US$1.20b. Net income forecast to grow 6.9% next year vs 30% growth forecast for Hospitality industry in the US. Consensus price target up from US$14.00 to US$14.33. Share price fell 15% to US$9.83 over the past week.Reported Earnings • May 09First quarter 2024 earnings released: EPS: US$0.088 (vs US$0.11 in 1Q 2023)First quarter 2024 results: EPS: US$0.088 (down from US$0.11 in 1Q 2023). Revenue: US$301.8m (up 2.9% from 1Q 2023). Net income: US$7.42m (down 19% from 1Q 2023). Profit margin: 2.5% (down from 3.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Apr 26Accel Entertainment, Inc. to Report Q1, 2024 Results on May 08, 2024Accel Entertainment, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024Recent Insider Transactions Derivative • Apr 14Independent Chairman of the Board notifies of intention to sell stockKarl Peterson intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of April. If the sale is conducted around the recent share price of US$11.62, it would amount to US$116k. Since June 2023, Karl's direct individual holding has decreased from 2.77m shares to 2.51m. Company insiders have collectively sold US$6.8m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Apr 11Is Now The Time To Look At Buying Accel Entertainment, Inc. (NYSE:ACEL)?Accel Entertainment, Inc. ( NYSE:ACEL ), is not the largest company out there, but it saw a decent share price growth...お知らせ • Mar 22Accel Entertainment, Inc., Annual General Meeting, May 09, 2024Accel Entertainment, Inc., Annual General Meeting, May 09, 2024, at 13:00 Central Standard Time. Agenda: To elect two members of board of directors; to approve, on a non-binding advisory basis, the compensation of named executive officers; to ratify the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider other matters.分析記事 • Mar 22Does Accel Entertainment (NYSE:ACEL) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Seeking Alpha • Mar 21Accel Entertainment: A VGT Leader Poised For TakeoffSummary Accel Entertainment is a leader in the VGT market with a loyal customer base and long-term contracts, making it a strong investment opportunity. The company faces competition in the distributed gaming industry, particularly in Illinois, but its market position and strategic growth plans protect its returns. Accel has growth opportunities in new markets where VGTs are permitted and through acquisitions, positioning it for future success in the expanding VGT market. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Mar 18Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of March. If the sale is conducted around the recent share price of US$11.28, it would amount to US$423k. Since June 2023, David's direct individual holding has decreased from 1.58m shares to 1.42m. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Mar 03Independent Chairman of the Board notifies of intention to sell stockKarl Peterson intends to sell 30k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of February. If the sale is conducted around the recent share price of US$11.00, it would amount to US$330k. Since March 2023, Karl's direct individual holding has decreased from 2.79m shares to 2.57m. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Feb 29Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: US$0.53 (down from US$0.82 in FY 2022). Revenue: US$1.17b (up 21% from FY 2022). Net income: US$45.6m (down 39% from FY 2022). Profit margin: 3.9% (down from 7.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions Derivative • Feb 18Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of February. If the sale is conducted around the recent share price of US$10.28, it would amount to US$206k. Since March 2023, David's direct individual holding has decreased from 1.60m shares to 1.44m. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Feb 15Accel Entertainment, Inc. to Report Q4, 2023 Results on Feb 28, 2024Accel Entertainment, Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024Seeking Alpha • Jan 15Accel Entertainment: Strong Growth In Gaming TerminalSummary Accel Entertainment is a distributed gaming operator specializing in video gaming terminals in non-casino locations. Despite fluctuating revenue growth due to COVID-19, ACEL has expanded its margins and returned to profitability. Strong growth trend in gaming terminals is expected to drive future growth. Combined with a double-digit upside potential, I am recommending a buy rating for ACEL. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Dec 06Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 315k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$10.15, it would amount to US$3.2m. For the year to December 2018, Andrew's total compensation was 21% salary and 79% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2022, Andrew's direct individual holding has decreased from 8.58m shares to 4.22m. Company insiders have collectively sold US$8.4m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Nov 24Vice Chairman of the Board recently sold US$3.3m worth of stockOn the 20th of November, Gordon Rubenstein sold around 317k shares on-market at roughly US$10.52 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gordon has been a net seller over the last 12 months, reducing personal holdings by US$6.2m.Recent Insider Transactions Derivative • Nov 10Independent Chairman of the Board notifies of intention to sell stockKarl Peterson intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of November. If the sale is conducted around the recent share price of US$10.96, it would amount to US$411k. Since March 2023, Karl's direct individual holding has decreased from 2.79m shares to 2.63m. Company insiders have collectively sold US$5.1m more than they bought, via options and on-market transactions in the last 12 months.New Risk • Nov 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (137% net debt to equity). Profit margins are more than 30% lower than last year (3.7% net profit margin).収支内訳Accel Entertainment の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NYSE:ACEL 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 261,35952224031 Dec 251,33151219030 Sep 251,30744216030 Jun 251,28035208031 Mar 251,25342200031 Dec 241,23135194030 Sep 241,21143190030 Jun 241,19648186031 Mar 241,17944183031 Dec 231,17046180030 Sep 231,15143173030 Jun 231,13155169031 Mar 231,06667158031 Dec 2297074146030 Sep 2288468136030 Jun 2281056124031 Mar 2278546117031 Dec 2173532111030 Sep 2161716101030 Jun 215591296031 Mar 21357-4780031 Dec 20316077030 Sep 20368-3573030 Jun 20334-4468031 Mar 20438775031 Dec 19429-3769030 Sep 193941567030 Jun 193741765031 Mar 193501461031 Dec 183351154031 Dec 17248845031 Dec 161732310質の高い収益: ACELは 高品質の収益 を持っています。利益率の向上: ACELの現在の純利益率 (3.8%)は、昨年(3.4%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: ACEL過去 5 年間で収益を上げており、収益は年間14%増加しています。成長の加速: ACELの過去 1 年間の収益成長率 ( 21.3% ) は、5 年間の平均 ( 年間14%を上回っています。収益対業界: ACELの過去 1 年間の収益成長率 ( 21.3% ) Hospitality業界24.3%を上回りませんでした。株主資本利益率高いROE: ACELの 自己資本利益率 ( 18.6% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-services 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 02:50終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Accel Entertainment, Inc. 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Maxwell James MarshCBRE SecuritiesJordan BenderCitizens JMP Securities, LLCSteven PizzellaDeutsche Bank7 その他のアナリストを表示
Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.18 (up from US$0.17 in 1Q 2025). Revenue: US$351.6m (up 8.5% from 1Q 2025). Net income: US$14.7m (flat on 1Q 2025). Profit margin: 4.2% (down from 4.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 6.6%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Apr 07Accel Entertainment, Inc. to Report Q1, 2026 Results on May 05, 2026Accel Entertainment, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026
Reported Earnings • Mar 04Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$0.60 (up from US$0.42 in FY 2024). Revenue: US$1.33b (up 8.1% from FY 2024). Net income: US$51.5m (up 46% from FY 2024). Profit margin: 3.9% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Feb 05Accel Entertainment, Inc. to Report Q4, 2025 Results on Mar 03, 2026Accel Entertainment, Inc. announced that they will report Q4, 2025 results After-Market on Mar 03, 2026
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.16 (up from US$0.059 in 3Q 2024). Revenue: US$329.7m (up 9.1% from 3Q 2024). Net income: US$13.4m (up 173% from 3Q 2024). Profit margin: 4.1% (up from 1.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Oct 21Accel Entertainment, Inc. to Report Q3, 2025 Results on Nov 04, 2025Accel Entertainment, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025
Seeking Alpha • May 19Accel Entertainment: All Eyes On ChicagoSummary Accel Entertainment maintains steady earnings growth but remains rangebound, with a HOLD rating due to limited near-term upside. Chicago's VGT legalization is a potential growth driver, but higher operating costs and uncertain regulatory details may dilute margins. ACEL's forward growth forecasts for revenue, EBITDA, and EPS are materially below its five-year averages, signaling ex-growth status. Valuation remains rangebound at 5.7x EV/EBITDA, with no fundamental catalyst for a breakout beyond technical trading bands. Read the full article on Seeking Alpha
Recent Insider Transactions • May 15Independent Director recently bought US$578k worth of stockOn the 11th of May, Bruce Wardinski bought around 50k shares on-market at roughly US$11.55 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$11m more in shares than they bought in the last 12 months.
ライブニュース • May 08Accel Entertainment Posts Record Q1 Revenue With Expansion in Key U.S. MarketsAccel Entertainment reported record Q1 2026 revenue of about US$352 million, with year-over-year growth described in the 8.5% to 9% range and results above revenue forecasts. Adjusted EBITDA was US$53.8 million and net income was US$14.7 million, with earnings per share of US$0.17 coming in slightly below some analyst expectations. The company expanded to 4,540 locations and 28,353 gaming terminals, continued rolling out ticket-in, ticket-out technology, launched table games at Fairmount Park Casino & Racing, and repurchased 1.1 million shares. For investors, the key takeaway is that Accel is pairing top-line growth with a fairly consistent operating margin of 7.7%, while also returning capital through buybacks. The record revenue figure, combined with stable profitability metrics, indicates a business that is adding scale across Illinois, Nebraska, Georgia and Nevada without a sharp change in overall margin structure. Management is signaling confidence through expansion plans in Chicago’s potential video gaming terminal market and active acquisition efforts in Louisiana and Nevada. The focus on both organic growth and smaller tuck-in deals, alongside the rollout of TITO technology and new table games, indicates that the company is working to deepen its position in existing markets while selectively entering new ones.
Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.18 (up from US$0.17 in 1Q 2025). Revenue: US$351.6m (up 8.5% from 1Q 2025). Net income: US$14.7m (flat on 1Q 2025). Profit margin: 4.2% (down from 4.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 6.6%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Apr 07Co-Founder recently sold US$497k worth of stockOn the 1st of April, Andrew Rubenstein sold around 45k shares on-market at roughly US$11.05 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$5.4m. Andrew has been a net seller over the last 12 months, reducing personal holdings by US$856k.
お知らせ • Apr 07Accel Entertainment, Inc. to Report Q1, 2026 Results on May 05, 2026Accel Entertainment, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026
お知らせ • Mar 20Accel Entertainment, Inc., Annual General Meeting, May 07, 2026Accel Entertainment, Inc., Annual General Meeting, May 07, 2026.
Recent Insider Transactions • Mar 17Co-Founder recently sold US$315k worth of stockOn the 16th of March, Andrew Rubenstein sold around 28k shares on-market at roughly US$11.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Andrew's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Mar 13Co-Founder exercised options and sold US$121k worth of stockOn the 10th of March, Andrew Rubenstein exercised options to acquire 11k shares at no cost and sold these for an average price of US$11.45 per share. This trade did not impact their existing holding. For the year to December 2019, Andrew's total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Andrew's direct individual holding has decreased from 4.08m shares to 3.89m. Company insiders have collectively sold US$2.3m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Mar 04Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$0.60 (up from US$0.42 in FY 2024). Revenue: US$1.33b (up 8.1% from FY 2024). Net income: US$51.5m (up 46% from FY 2024). Profit margin: 3.9% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
ナラティブの更新 • Feb 25ACEL: Bullish Coverage And Leadership Transition Will Support Future Upside PotentialNarrative Update on Accel Entertainment Analysts have kept their $15.17 price target for Accel Entertainment steady, citing new bullish coverage and slight updates to the discount rate and forward P/E assumptions as support for maintaining this level. Analyst Commentary Bullish Takeaways Bullish analysts view the initiation with a positive stance as support for the current $15.17 target, seeing recent coverage as broadly consistent with existing valuation assumptions.
ナラティブの更新 • Feb 08ACEL: Maintained Fair Value And Bullish Coverage Will Support Future Upside PotentialAnalysts have kept Accel Entertainment's fair value target steady at US$15.17, with only minor model adjustments to the discount rate, long term revenue growth, profit margin, and future P/E following fresh bullish coverage from CBRE and other recent research commentary. Analyst Commentary Street research so far has leaned constructive on Accel Entertainment, with recent coverage focusing on how the current share price lines up with the US$15.17 fair value target and what needs to go right on execution for that to hold.
お知らせ • Feb 05Accel Entertainment, Inc. to Report Q4, 2025 Results on Mar 03, 2026Accel Entertainment, Inc. announced that they will report Q4, 2025 results After-Market on Mar 03, 2026
お知らせ • Feb 03+ 1 more updateAccel Entertainment, Inc. Announces Chief Executive Officer ChangesAccel Entertainment, Inc. announced that Chief Executive Officer, Andy Rubenstein, has been named Chairman of the company’s Board of Directors, effective February 2, 2026. In addition, Mr. Mark Phelan, age 57 has been selected to succeed Mr. Rubenstein as Chief Executive Officer, effective August 7, 2026. These changes reflect the Board’s long-term commitment to strong corporate governance and a leadership succession strategy. As Chief Executive Officer and President, Mark Phelan will lead Accel with a continued focus on disciplined execution and operational consistency.
ナラティブの更新 • Jan 24ACEL: Ongoing Buybacks And Bullish Coverage Will Support Future Upside PotentialAnalysts have nudged their price target for Accel Entertainment higher to about US$15.17 from roughly US$14.80, citing slightly adjusted assumptions around fair value, discount rate, revenue growth, profit margins and future P/E, following fresh bullish coverage from the Street. Analyst Commentary Recent bullish coverage focuses on how updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E link back to Accel Entertainment’s current share price and execution risks.
Recent Insider Transactions Derivative • Jan 16Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of January. If the sale is conducted around the recent share price of US$11.44, it would amount to US$286k. Since March 2025, David's direct individual holding has decreased from 1.09m shares to 863.62k. Company insiders have collectively sold US$2.2m more than they bought, via options and on-market transactions in the last 12 months.
ナラティブの更新 • Jan 10ACEL: Ongoing Buybacks Will Support Upside Potential In My ViewAnalysts have maintained their fair value estimate for Accel Entertainment at US$14.80, making only minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions that inform this latest price target update. What's in the News The Audit Committee selected Deloitte and Touche LLP as Accel Entertainment's independent registered public accounting firm for the fiscal year ending December 31, 2026, subject to standard client acceptance procedures, and approved the dismissal of KPMG LLP following completion of the 2025 audit (company filing).
Recent Insider Transactions • Dec 19Independent Director recently sold US$140k worth of stockOn the 15th of December, David Ruttenberg sold around 13k shares on-market at roughly US$11.19 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.4m more than they bought in the last 12 months.
ナラティブの更新 • Dec 17ACEL: Future Buybacks And New CFO Will Support Strong Upside PotentialAnalysts have modestly reduced their price target on Accel Entertainment to approximately $14.80 from $16.00, citing expectations for slower revenue growth and compressed profit margins, partially offset by a slightly lower discount rate and higher future valuation multiple assumptions. What's in the News Accel Entertainment completed its share repurchase program announced in November 2021, buying back 16,081,203 shares, or 18.26% of shares outstanding, for a total of $167.47 million (Key Developments).
分析記事 • Dec 13Accel Entertainment (NYSE:ACEL) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Recent Insider Transactions Derivative • Dec 12Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of December. If the sale is conducted around the recent share price of US$10.76, it would amount to US$135k. Since December 2024, David's direct individual holding has decreased from 1.14m shares to 913.62k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Dec 02Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 45k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$10.22, it would amount to US$460k. For the year to December 2018, Andrew's total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Andrew's direct individual holding has decreased from 4.02m shares to 3.94m. Company insiders have collectively sold US$2.5m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.16 (up from US$0.059 in 3Q 2024). Revenue: US$329.7m (up 9.1% from 3Q 2024). Net income: US$13.4m (up 173% from 3Q 2024). Profit margin: 4.1% (up from 1.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Oct 21Accel Entertainment, Inc. to Report Q3, 2025 Results on Nov 04, 2025Accel Entertainment, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025
お知らせ • Sep 23Accel Entertainment, Inc. Announces CFO Changes, Effective September 22, 2025Accel Entertainment, Inc. announced that Brett Summerer has been named Chief Financial Officer, effective September 22, 2025. Mr. Summerer will report directly to Accel’s Chief Executive Officer, Andy Rubenstein. Mr. Summerer succeeds Mark Phelan, who has served as acting CFO in addition to his ongoing role as President, U.S. Gaming. In his new role, Mr. Summerer will oversee all financial aspects of the Company’s business, including internal and external financial reporting, internal audit, compliance and controls, investor relations, and the Company’s treasury and capital markets functions. Mr. Summerer also will take a prominent role in strategic planning, business development, and mergers and acquisitions. With over 25 years of experience, Mr. Summerer has held senior finance, operations, and IT roles across public, private, and founder-led companies. He brings a strong record of delivering enterprise-wide transformational and sustainable growth, while balancing strategic investments with operational rigor. Mr. Summerer’s prior leadership roles at Kraft Heinz, Corning, and General Motors included managing global P&Ls, leading strategic initiatives, and driving profitable growth. Most recently, Mr. Summerer served as CFO of Verano Holdings, where he built a 70-person Finance and IT team, led multiple system implementations, and completed more than 20 M&A transactions in a regulated, multi-state company operating in a high-growth industry. Mr. Summerer holds multiple Bachelor of Science degrees and a Master’s degree from Michigan State University, as well as an MBA in Finance and Accounting from the University of Michigan’s Ross School of Business.
Recent Insider Transactions Derivative • Sep 16Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of September. If the sale is conducted around the recent share price of US$11.13, it would amount to US$139k. Since September 2024, David's direct individual holding has decreased from 1.28m shares to 661.16k. Company insiders have collectively sold US$3.2m more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 4.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Significant insider selling over the past 3 months (US$1.3m sold).
Reported Earnings • Aug 06Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: US$0.085 (down from US$0.17 in 2Q 2024). Revenue: US$335.9m (up 8.6% from 2Q 2024). Net income: US$7.32m (down 50% from 2Q 2024). Profit margin: 2.2% (down from 4.7% in 2Q 2024). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 51%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Jul 23Accel Entertainment, Inc. to Report Q2, 2025 Results on Aug 05, 2025Accel Entertainment, Inc. announced that they will report Q2, 2025 results After-Market on Aug 05, 2025
Recent Insider Transactions Derivative • Jul 22Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 180k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of July. If the sale is conducted around the recent share price of US$12.19, it would amount to US$2.2m. For the year to December 2018, Andrew's total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Andrew's direct individual holding has decreased from 4.18m shares to 4.00m. Company insiders have collectively sold US$3.3m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Jun 28Why Investors Shouldn't Be Surprised By Accel Entertainment, Inc.'s (NYSE:ACEL) P/EWhen close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
Recent Insider Transactions • Jun 20Independent Director recently sold US$282k worth of stockOn the 16th of June, David Ruttenberg sold around 25k shares on-market at roughly US$11.30 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$613k. Insiders have been net sellers, collectively disposing of US$2.3m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Jun 18Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of June. If the sale is conducted around the recent share price of US$11.25, it would amount to US$422k. Since September 2024, David's direct individual holding has decreased from 1.28m shares to 736.16k. Company insiders have collectively sold US$3.0m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Jun 11Vice Chairman of the Board & Co-Founder recently sold US$613k worth of stockOn the 6th of June, Gordon Rubenstein sold around 55k shares on-market at roughly US$11.17 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gordon's only on-market trade for the last 12 months.
分析記事 • May 30Shareholders May Find It Hard To Justify A Pay Rise For Accel Entertainment, Inc.'s (NYSE:ACEL) CEO This YearKey Insights Accel Entertainment to hold its Annual General Meeting on 6th of June CEO Andy Rubenstein's total...
分析記事 • May 23Here's Why Accel Entertainment (NYSE:ACEL) Has A Meaningful Debt BurdenSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • May 06First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.17 (up from US$0.088 in 1Q 2024). Revenue: US$323.9m (up 7.3% from 1Q 2024). Net income: US$14.6m (up 97% from 1Q 2024). Profit margin: 4.5% (up from 2.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 44%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • May 01Now 22% overvaluedOver the last 90 days, the stock has fallen 6.7% to US$10.51. The fair value is estimated to be US$8.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.
分析記事 • May 01Is Accel Entertainment, Inc. (NYSE:ACEL) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights The projected fair value for Accel Entertainment is US$8.45 based on 2 Stage Free Cash Flow to Equity...
お知らせ • Apr 30Accel Entertainment, Inc. Announces CFO TransitionAccel Entertainment, Inc. announced that Mathew Ellis, Chief Financial Officer, has resigned, effective May 9, 2025, to pursue other business interests. Mark Phelan, Accel’s President, U.S. Gaming, has been appointed as acting Chief Financial Officer upon Ellis’ departure. The Company is undertaking a search to fill the CFO position on a permanent basis. Mat first joined the company in 2015.
お知らせ • Apr 22Accel Entertainment, Inc. to Report Q1, 2025 Results on May 05, 2025Accel Entertainment, Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025
Recent Insider Transactions Derivative • Apr 17Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 245k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of April. If the sale is conducted around the recent share price of US$11.01, it would amount to US$2.7m. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Andrew's direct individual holding has decreased from 4.25m shares to 4.08m. Company insiders have collectively sold US$4.7m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Apr 14Accel Entertainment, Inc., Annual General Meeting, Jun 06, 2025Accel Entertainment, Inc., Annual General Meeting, Jun 06, 2025.
お知らせ • Apr 12Accel Entertainment, Inc. Announces Board Changes, Effective April 10, 2025On April 10, 2025, Eden Godsoe, a Class 3 director on the Board of Directors (the Board") of Accel Entertainment, Inc. (the "Company"), informed the Company that she will not stand for reelection at the Company's upcoming 2025 Annual Meeting of Stockholders (the Annual Meeting"). Ms. Godsoe's decision not to stand for reelection was not due to any disagreement with the Company on any matter relating to its operations, policies, or practices. In addition, on April 10, 2025, the Board appointed Cheryl Kondra, effective immediately, as a Class 2 director on the Board with a term expiring at the Company's 2027 Annual Meeting of Stockholders. Following the Annual Meeting, Mrs. Kondra will be appointed as Chair of the Audit Committee of the Board (the Audit Committee") and as a member of the Compensation Committee of the Board (the Compensation Committee").
Buy Or Sell Opportunity • Apr 08Now 20% overvaluedOver the last 90 days, the stock has fallen 5.0% to US$9.98. The fair value is estimated to be US$8.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.
お知らせ • Apr 08Accel Entertainment, Inc. Announces Executive ChangesAccel Entertainment, Inc. announced the appointment of Scott Levin as Chief Legal Officer and Secretary, effective immediately. Levin brings more than three decades of experience as an executive and senior legal advisor for a variety of high-growth public and private companies and will support Accel’s continued expansion as not only the preferred gaming operations partner of bars, restaurants, convenience stores, and fraternal and veteran establishments across the country, but also a premier operator of brick-and-mortar retail stores and casinos. As Chief Legal Officer, Scott Levin will oversee all the Company’s legal affairs and report directly to Andy Rubenstein, Chief Executive Officer at Accel Entertainment. Levin has held senior leadership positions with several public and private companies across various industries, including serving as CEO of FTD Companies, leading the company in pursuing strategic opportunities and developing a robust legal function, and as the first General Counsel for Morton’s Restaurant Group, a publicly held restaurant holding company, helping Morton’s expand its leading hospitality footprint internationally. Levin was most recently the Founder and Managing Director of Portco Advisors LLC, where he served as outside general counsel and executive advisor for growing companies undergoing periods of significant transformation. Prior to founding Portco Advisors, Levin also served as General Counsel for companies including Torex Retail, a provider of information technology systems for the retail, fuel and convenience stores, and pub markets in Europe, and several successful startups including Atlas Power Group, Coskata, eMac Digital, and OurHouse. Levin received his Juris Doctor with Honors from George Washington University and received his Bachelor of Arts degree from Boston College. As a part of this announcement, Derek Harmer, current General Counsel and Chief Compliance Officer, will now serve as Accel’s first dedicated Chief Compliance Officer and will continue to report to Accel CEO Andy Rubenstein. Harmer will continue to leverage his decades of industry insights and experience to lead Accel’s national Compliance and Government Affairs functions, supporting the company in an increasingly complex regulatory and legislative environment.
Seeking Alpha • Mar 27Accel Entertainment: Fairmount Park Reveals An Undervalued StockSummary Accel Entertainment is expanding its VGT operations beyond Illinois, acquiring 900 locations and 8,300 terminals in Montana and Nevada for $164.2 million. The Fairmount Park acquisition aims to diversify into the casino segment, with a projected $25 million EBITDA post-Phase 2 completion by FY 2027. Despite rising SG&A and interest expenses, Accel's revenue grew 5% to $1.231 billion in FY 2024, with strong sales per machine in most states. Accel appears undervalued with a price target of $12.50 to $13.50, offering a 25% margin of safety and a double-digit upside. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Mar 19Co-Founder exercised options and sold US$298k worth of stockOn the 16th of March, Andrew Rubenstein exercised options to acquire 30k shares at no cost and sold these for an average price of US$9.82 per share. This trade did not impact their existing holding. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Andrew's direct individual holding has decreased from 4.25m shares to 4.04m. Company insiders have collectively sold US$4.7m more than they bought, via options and on-market transactions in the last 12 months.
Buy Or Sell Opportunity • Mar 14Now 22% overvaluedOver the last 90 days, the stock has fallen 17% to US$9.82. The fair value is estimated to be US$8.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.
分析記事 • Mar 11Why Accel Entertainment, Inc. (NYSE:ACEL) Could Be Worth WatchingAccel Entertainment, Inc. ( NYSE:ACEL ), might not be a large cap stock, but it received a lot of attention from a...
New Risk • Mar 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 28Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$0.42 (down from US$0.53 in FY 2023). Revenue: US$1.23b (up 5.2% from FY 2023). Net income: US$35.3m (down 23% from FY 2023). Profit margin: 2.9% (down from 3.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year.
Recent Insider Transactions Derivative • Feb 19Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of February. If the sale is conducted around the recent share price of US$12.22, it would amount to US$153k. Since March 2024, David's direct individual holding has decreased from 1.40m shares to 1.11m. Company insiders have collectively sold US$4.6m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Feb 13Accel Entertainment, Inc. to Report Q4, 2024 Results on Feb 27, 2025Accel Entertainment, Inc. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025
Recent Insider Transactions Derivative • Jan 06Co-Founder exercised options and sold US$121k worth of stockOn the 1st of January, Andrew Rubenstein exercised options to acquire 11k shares at no cost and sold these for an average price of US$10.68 per share. This trade did not impact their existing holding. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Andrew's direct individual holding has decreased from 4.24m shares to 4.02m. Company insiders have collectively sold US$4.6m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Dec 22Is Accel Entertainment (NYSE:ACEL) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • Dec 08Accel Entertainment, Inc.'s (NYSE:ACEL) Intrinsic Value Is Potentially 61% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Accel Entertainment fair value estimate is US$19.91 Accel...
Recent Insider Transactions Derivative • Dec 04President of U.S. Gaming notifies of intention to sell stockMark Phelan intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of December. If the sale is conducted around the recent share price of US$12.63, it would amount to US$121k. Since December 2023, Mark's direct individual holding has increased from 169.25k shares to 190.79k. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Dec 04Accel Entertainment, Inc. (NYSE:ACEL) completed the acquisition of FanDuel Sportsbook & Horse Racing.Accel Entertainment, Inc. (NYSE:ACEL) agreed to acquire FanDuel Sportsbook & Horse Racing for $35 million on July 12, 2024. The consideration consists of 3.456119 million common equity of Accel Entertainment, Inc. to be issued for common equity of FanDuel Sportsbook & Horse Racing. For the period ending December 31, 2023, FanDuel Sportsbook & Horse Racing reported total revenue of $29 million. The transaction reflects TEV/EBITDA multiple of 5.5x. The transaction is subject to approval of merger agreement by target board, approval of offer by target shareholders, approval of offer by acquirer board and approval by regulatory board/committee. The transaction has been approved by Accel’s Board of Directors, the Board of Directors and shareholders of Fairmount Holdings. The deal received approvals from both the Illinois Gaming Board and Illinois Racing Board. The expected completion of the transaction is in the fourth quarter of 2024. Wells Fargo Securities, LLC acted as financial advisor for Accel Entertainment, Inc. Lewis Rice LLC acted as legal advisor for FanDuel Sportsbook & Horse Racing. McDermott Will & Emery LLP acted as legal advisor for Accel Entertainment, Inc. Accel Entertainment, Inc. (NYSE:ACEL) completed the acquisition of FanDuel Sportsbook & Horse Racing on December 2, 2024. Wells Fargo & Company (NYSE:WFC) acted as financial advisor to Fairmount Holdings.
New Risk • Nov 20New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Significant insider selling over the past 3 months (US$821k sold).
Recent Insider Transactions Derivative • Nov 17Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of November. If the sale is conducted around the recent share price of US$11.77, it would amount to US$441k. Since December 2023, David's direct individual holding has decreased from 1.46m shares to 277.46k. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Nov 10Independent Director recently sold US$821k worth of stockOn the 8th of November, David Ruttenberg sold around 70k shares on-market at roughly US$11.73 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$6.8m more than they bought in the last 12 months.
分析記事 • Nov 10Subdued Growth No Barrier To Accel Entertainment, Inc.'s (NYSE:ACEL) PriceAccel Entertainment, Inc.'s ( NYSE:ACEL ) price-to-earnings (or "P/E") ratio of 22.8x might make it look like a sell...
Recent Insider Transactions Derivative • Nov 04Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 165k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of November. If the sale is conducted around the recent share price of US$11.04, it would amount to US$1.8m. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Andrew has owned 4.18m shares directly. Company insiders have collectively sold US$6.8m more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (128% net debt to equity). Large one-off items impacting financial results.
Reported Earnings • Nov 01Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: US$0.059 (down from US$0.12 in 3Q 2023). Revenue: US$302.2m (up 5.1% from 3Q 2023). Net income: US$4.90m (down 53% from 3Q 2023). Profit margin: 1.6% (down from 3.6% in 3Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 48%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Oct 16Accel Entertainment, Inc. to Report Q3, 2024 Results on Oct 30, 2024Accel Entertainment, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024
新しいナラティブ • Sep 24Critical Acquisitions And Market Expansion Fuel Future Revenue And EBITDA Growth Strategic expansion and diversification efforts, such as the acquisition of Fairmount Park, aim to enhance revenue and EBITDA growth.
Recent Insider Transactions Derivative • Aug 18Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of August. If the sale is conducted around the recent share price of US$10.84, it would amount to US$279k. Since September 2023, David's direct individual holding has decreased from 1.52m shares to 1.33m. Company insiders have collectively sold US$6.7m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Aug 02Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 256k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of July. If the sale is conducted around the recent share price of US$12.20, it would amount to US$3.1m. For the year to December 2018, Andrew's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Andrew's direct individual holding has increased from 4.23m shares to 4.25m. Company insiders have collectively sold US$7.2m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Aug 01Earnings Beat: Accel Entertainment, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAccel Entertainment, Inc. ( NYSE:ACEL ) just released its second-quarter report and things are looking bullish. It was...
Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$0.17 (up from US$0.12 in 2Q 2023). Revenue: US$309.4m (up 5.7% from 2Q 2023). Net income: US$14.6m (up 46% from 2Q 2023). Profit margin: 4.7% (up from 3.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Jul 30Accel Entertainment Will Not Accelerate Your ReturnSummary Accel Entertainment designs, manufactures, and operates gaming terminals, ATMs, and amusement devices for non-casino locations. The recent share buybacks, revenue growth, and the shift towards casino operations are persuasive to invest in Accel stock. However, I see limited upside for Accel’s shareholders, primarily due to the constant decrease in owner earnings per share after 2021. Read the full article on Seeking Alpha
分析記事 • Jul 27Is Accel Entertainment (NYSE:ACEL) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Jul 17Accel Entertainment, Inc. to Report Q2, 2024 Results on Jul 30, 2024Accel Entertainment, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024
お知らせ • Jul 16Accel Entertainment, Inc. (NYSE:ACEL) agreed to acquire FanDuel Sportsbook & Horse Racing for $35 million.Accel Entertainment, Inc. (NYSE:ACEL) agreed to acquire FanDuel Sportsbook & Horse Racing for $35 million on July 12, 2024. The consideration consists of 3.456119 million common equity of Accel Entertainment, Inc. to be issued for common equity of FanDuel Sportsbook & Horse Racing. For the period ending December 31, 2023, FanDuel Sportsbook & Horse Racing reported total revenue of $29 million. The transaction reflects TEV/EBITDA multiple of 5.5x. The transaction is subject to approval of merger agreement by target board and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is in the fourth quarter of 2024. Wells Fargo Securities, LLC acted as financial advisor for Accel Entertainment, Inc. Lewis Rice LLC acted as legal advisor for FanDuel Sportsbook & Horse Racing. McDermott Will & Emery LLP acted as legal advisor for Accel Entertainment, Inc.
Recent Insider Transactions Derivative • Jul 15Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of July. If the sale is conducted around the recent share price of US$10.30, it would amount to US$258k. Since September 2023, David's direct individual holding has decreased from 1.52m shares to 1.36m. Company insiders have collectively sold US$7.1m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Jun 17Independent Chairman of the Board recently sold US$647k worth of stockOn the 14th of June, Karl Peterson sold around 65k shares on-market at roughly US$9.98 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.0m. This was Karl's only on-market trade for the last 12 months.
Recent Insider Transactions • May 20Vice Chairman of the Board & Co-Founder recently sold US$2.0m worth of stockOn the 16th of May, Gordon Rubenstein sold around 200k shares on-market at roughly US$9.80 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gordon has been a net seller over the last 12 months, reducing personal holdings by US$7.2m.
Recent Insider Transactions Derivative • May 17Vice Chairman of the Board & Co-Founder notifies of intention to sell stockGordon Rubenstein intends to sell 200k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of May. If the sale is conducted around the recent share price of US$9.93, it would amount to US$2.0m. Since June 2023, Gordon's direct individual holding has decreased from 2.39m shares to 2.10m. Company insiders have collectively sold US$5.8m more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • May 15Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.601 to US$0.514 per share. Revenue forecast steady at US$1.20b. Net income forecast to grow 6.9% next year vs 30% growth forecast for Hospitality industry in the US. Consensus price target up from US$14.00 to US$14.33. Share price fell 15% to US$9.83 over the past week.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: US$0.088 (vs US$0.11 in 1Q 2023)First quarter 2024 results: EPS: US$0.088 (down from US$0.11 in 1Q 2023). Revenue: US$301.8m (up 2.9% from 1Q 2023). Net income: US$7.42m (down 19% from 1Q 2023). Profit margin: 2.5% (down from 3.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Apr 26Accel Entertainment, Inc. to Report Q1, 2024 Results on May 08, 2024Accel Entertainment, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024
Recent Insider Transactions Derivative • Apr 14Independent Chairman of the Board notifies of intention to sell stockKarl Peterson intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of April. If the sale is conducted around the recent share price of US$11.62, it would amount to US$116k. Since June 2023, Karl's direct individual holding has decreased from 2.77m shares to 2.51m. Company insiders have collectively sold US$6.8m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Apr 11Is Now The Time To Look At Buying Accel Entertainment, Inc. (NYSE:ACEL)?Accel Entertainment, Inc. ( NYSE:ACEL ), is not the largest company out there, but it saw a decent share price growth...
お知らせ • Mar 22Accel Entertainment, Inc., Annual General Meeting, May 09, 2024Accel Entertainment, Inc., Annual General Meeting, May 09, 2024, at 13:00 Central Standard Time. Agenda: To elect two members of board of directors; to approve, on a non-binding advisory basis, the compensation of named executive officers; to ratify the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider other matters.
分析記事 • Mar 22Does Accel Entertainment (NYSE:ACEL) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha • Mar 21Accel Entertainment: A VGT Leader Poised For TakeoffSummary Accel Entertainment is a leader in the VGT market with a loyal customer base and long-term contracts, making it a strong investment opportunity. The company faces competition in the distributed gaming industry, particularly in Illinois, but its market position and strategic growth plans protect its returns. Accel has growth opportunities in new markets where VGTs are permitted and through acquisitions, positioning it for future success in the expanding VGT market. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Mar 18Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of March. If the sale is conducted around the recent share price of US$11.28, it would amount to US$423k. Since June 2023, David's direct individual holding has decreased from 1.58m shares to 1.42m. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Mar 03Independent Chairman of the Board notifies of intention to sell stockKarl Peterson intends to sell 30k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of February. If the sale is conducted around the recent share price of US$11.00, it would amount to US$330k. Since March 2023, Karl's direct individual holding has decreased from 2.79m shares to 2.57m. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Feb 29Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: US$0.53 (down from US$0.82 in FY 2022). Revenue: US$1.17b (up 21% from FY 2022). Net income: US$45.6m (down 39% from FY 2022). Profit margin: 3.9% (down from 7.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions Derivative • Feb 18Independent Director notifies of intention to sell stockDavid Ruttenberg intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of February. If the sale is conducted around the recent share price of US$10.28, it would amount to US$206k. Since March 2023, David's direct individual holding has decreased from 1.60m shares to 1.44m. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Feb 15Accel Entertainment, Inc. to Report Q4, 2023 Results on Feb 28, 2024Accel Entertainment, Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024
Seeking Alpha • Jan 15Accel Entertainment: Strong Growth In Gaming TerminalSummary Accel Entertainment is a distributed gaming operator specializing in video gaming terminals in non-casino locations. Despite fluctuating revenue growth due to COVID-19, ACEL has expanded its margins and returned to profitability. Strong growth trend in gaming terminals is expected to drive future growth. Combined with a double-digit upside potential, I am recommending a buy rating for ACEL. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Dec 06Co-Founder notifies of intention to sell stockAndrew Rubenstein intends to sell 315k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$10.15, it would amount to US$3.2m. For the year to December 2018, Andrew's total compensation was 21% salary and 79% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2022, Andrew's direct individual holding has decreased from 8.58m shares to 4.22m. Company insiders have collectively sold US$8.4m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Nov 24Vice Chairman of the Board recently sold US$3.3m worth of stockOn the 20th of November, Gordon Rubenstein sold around 317k shares on-market at roughly US$10.52 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gordon has been a net seller over the last 12 months, reducing personal holdings by US$6.2m.
Recent Insider Transactions Derivative • Nov 10Independent Chairman of the Board notifies of intention to sell stockKarl Peterson intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of November. If the sale is conducted around the recent share price of US$10.96, it would amount to US$411k. Since March 2023, Karl's direct individual holding has decreased from 2.79m shares to 2.63m. Company insiders have collectively sold US$5.1m more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Nov 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (137% net debt to equity). Profit margins are more than 30% lower than last year (3.7% net profit margin).
