Accel Entertainment Inc. (NYSE:ACEL) previous close was $12.46 while the outstanding shares total 82.78M. The firm has a beta of 1.32. ACEL’s shares traded higher over the last trading session, gaining 8.03% on 05/14/21. The shares fell to a low of $12.50 before closing at $13.46. Intraday shares traded counted 0.4 million, which was -61.48% lower than its 30-day average trading volume of 246.72K. The stock’s Relative Strength Index (RSI) is 63.69, with weekly volatility at 7.92% and ATR at 0.61. The ACEL stock’s 52-week price range has touched low of $7.14 and a $15.11 high.
Investors have identified the Gambling company Accel Entertainment Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.16 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Accel Entertainment Inc. (ACEL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ACEL, the company has in raw cash 172.68 million on their books with 18.25 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 187.78 million total, with 56.24 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 0.90 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ACEL sounds very interesting.
Is the stock of ACEL attractive?
In related news, Director, Ruttenberg David W. sold 22,000 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 13.01, for a total value of 286,255. As the sale deal closes, the CEO and President, Rubenstein Andrew H. now sold 6,949 shares of the company’s stock, valued at 92,058. Also, CEO and President, Rubenstein Andrew H. sold 34,000 shares of the company’s stock in a deal that was recorded on Apr 28. The shares were price at an average price of 13.10 per share, with a total market value of 445,451. Following this completion of acquisition, the CEO and President, Rubenstein Andrew H. now holds 9,051 shares of the company’s stock, valued at 117,772. In the last 6 months, insiders have changed their ownership in shares of company stock by 4.90%.
4 out of 6 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Accel Entertainment Inc.. 0 analysts has assigned a Sell rating on the ACEL stock. The 12-month mean consensus price target for the company’s shares has been set at $15.70.