CSIMarket
 
Accel Entertainment Inc   (ACEL)
Other Ticker:  
 
    Sector  Services    Industry Movies and Entertainment
   Industry Movies and Entertainment
   Sector  Services
 
Price: $11.3400 $0.06 0.532%
Day's High: $11.4 Week Perf: -0.53 %
Day's Low: $ 11.21 30 Day Perf: 10.31 %
Volume (M): 590 52 Wk High: $ 12.05
Volume (M$): $ 6,695 52 Wk Avg: $10.27
Open: $11.21 52 Wk Low: $8.28



 Market Capitalization (Millions $) 976
 Shares Outstanding (Millions) 86
 Employees 1,700
 Revenues (TTM) (Millions $) 1,170
 Net Income (TTM) (Millions $) 46
 Cash Flow (TTM) (Millions $) 38
 Capital Exp. (TTM) (Millions $) 82

Accel Entertainment Inc
Accel Entertainment Inc is a United States-based company that operates as a distributed gaming operator. Founded in 2012, the company is headquartered in Illinois and operates over 10,000 video gaming terminals across 13 states, making it one of the biggest slot machine distributors in the US.

Accel's primary business is leasing video gaming terminals to businesses like bars, taverns, truck stops, and other locations that are licensed to run video gaming in the states they operate. In addition to leasing machines, Accel also provides proprietary software solutions, installation, maintenance, and marketing plans to its customers.

The company's gaming terminals are highly valued because of their advanced technology features and games that are tailored to specific markets. Accel's terminals are designed to improve the playing experience with features such as touch-screen technology, enhanced audio and video graphics, sound effects, multiple games on a single device, and more. Their gaming software also includes popular titles like Dragon's Ascent, Rich Wilde and the Book of Dead, and Jackpot Jester.

Aside from their core business of gaming terminals, Accel also operates an online platform where customers can play their slot games remotely. Additionally, the company has an extensive network of sales representatives that assist in forging partnerships with new businesses and expanding their operations across the country.

Accel has a strong commitment to responsible gaming and promotes a safe and responsible gambling environment. To this end, the company works with the National Council on Problem Gambling and partners with organizations that support responsible gambling like the Illinois Council on Problem Gambling and the Problem Gambling Coalition of Colorado.

In early 2020, Accel announced its merger with TPG Pace Holdings Corp., a special purpose acquisition company that was created by TPG Capital to acquire businesses from the gaming and leisure industries. The merger was completed in June 2020, and the combined entity Accel Entertainment Inc. now trades on the New York Stock Exchange under the ticker symbol ACEL.

Overall, Accel Entertainment is a well-established, growth-oriented company that is committed to providing customers with top-quality gaming terminals and games, while also promoting safe and responsible gambling practices.


   Company Address: 140 Tower Drive Burr Ridge 60527 IL
   Company Phone Number: 972-2235   Stock Exchange / Ticker: NYSE ACEL
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Accel Entertainment Inc

ACEL Reports Strong Financial Performance in Q4 2023

Investors in Accel Entertainment Inc were pleased to hear that the company's revenue and earnings saw significant growth in the most recent fiscal period. Revenue increased by 6.832% to $297.07 million, while earnings per share were up by 22.55% to $0.19. Net income also experienced a healthy increase of 19.26% to $15.988 million.
Although operating margin fell slightly, the company's net margin actually improved, indicating efficient cost management. Analysts also noted that the company reported strong financial numbers for the financial year 2023, with revenue of $1.17 billion and net income of $45.60 million.

Accel Entertainment Inc

Accel Entertainment Inc Reports a Decline in EPS Despite Strong Revenue Growth in Q2 2023



Accel Entertainment Inc, a prominent player in the Movies and Entertainment industry, has recently released its financial results for the fiscal span ending June 30, 2023. While the company experienced a decline in income per share, it witnessed a significant rise in revenue compared to the previous year. These figures, alongside the company's stock performance and other key metrics, leave us wondering about their possible impact on Accel Entertainment Inc going forward.
1. Decline in Income per Share:
During the fiscal span ending June 30, 2023, Accel Entertainment Inc reported an income per share of $0.11. This represents a decrease of $0.13 per share from the corresponding period a year ago, where the company earned $0.24 per share. This decline in income per share may raise concerns, warranting further examination.

Accel Entertainment Inc

Significant Income per Share Deterioration at the Hotels & Tourism company amid the fiscal first quarter of 2023

Investors in the stock market should exercise caution when considering whether to invest in Accel Entertainment Inc, based on the company's recent financial reports. While the company saw an impressive 48.919% increase in revenue in the first quarter of 2023 compared to the same period in the previous year, it also experienced a significant drop in net profit per share, falling from $0.17 to $0.11. This decrease in earnings is particularly concerning, especially as earnings for the fiscal first quarter of 2023 decreased by 41.84% compared to a year earlier.
Accel Entertainment Inc has stated that it is shifting its focus on improving sales, which will hopefully lead to better financial results in future quarters. However, investors should be aware that the company's net margin has already eased to 3.13%, which could signal that there may still be challenges to overcome. While operating earnings did increase by 30.49%, it remains to be seen whether this is a sustainable trend or a one-time performance.






 

Accel Entertainment Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Accel Entertainment Inc does not provide revenue guidance.

Earnings Outlook
Accel Entertainment Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com