ACEL Stock Analysis: Accel Entertainment | NYSE

Gambling | NYSE, USA | Market Cap: 1.009m USD | 12M Return: 9.7% | US00436Q1067 | Charts, Fundamentals & Technical Analysis

Gaming Terminals, Amusement Devices, Redemption Devices, Cash Dispensers
Total Rating 51
Safety 33
Buy Signal -0.36
Gambling
Industry Rotation: -1.6
Market Cap: 1.01B
Avg Turnover: 3.33M
Risk 3d forecast
Volatility30.6%
VaR 5th Pctl5.10%
VaR vs Median1.16%
Reward TTM
Sharpe Ratio0.31
Rel. Str. IBD42
Rel. Str. Peer Group63
Character TTM
Beta0.394
Beta Downside0.337
Hurst Exponent0.374
Drawdowns 3y
Max DD26.02%
CAGR/Max DD0.08
CAGR/Mean DD0.20
EPS (Earnings per Share) EPS (Earnings per Share) of ACEL over the last years for every Quarter: "2021-06": 0.27, "2021-09": 0.18, "2021-12": 0.18, "2022-03": 0.19, "2022-06": 0.24, "2022-09": 0.21, "2022-12": 0.81, "2023-03": 0.24, "2023-06": 0.24, "2023-09": 0.22, "2023-12": 0.25, "2024-03": 0.23, "2024-06": 0.25, "2024-09": 0.22, "2024-12": 0.21, "2025-03": 0.23, "2025-06": 0.26, "2025-09": 0.25, "2025-12": 0.2928, "2026-03": 0.27, "2026-06": 0.15,
EPS CAGR: -4.50%
EPS Trend: -29.6%
Last SUE: -0.86
Qual. Beats: -1
Revenue Revenue of ACEL over the last years for every Quarter: 2021-06: 201.974, 2021-09: 193.351, 2021-12: 192.313, 2022-03: 196.891, 2022-06: 227.869, 2022-09: 266.967, 2022-12: 278.07, 2023-03: 293.208, 2023-06: 292.647, 2023-09: 287.497, 2023-12: 297.068, 2024-03: 301.817, 2024-06: 309.413, 2024-09: 302.227, 2024-12: 317.515, 2025-03: 323.912, 2025-06: 335.909, 2025-09: 329.693, 2025-12: 341.446, 2026-03: 351.558, 2026-06: 368.125,
Rev. CAGR: 7.09%
Rev. Trend: 99.3%
Last SUE: 3.10
Qual. Beats: 3

Warnings

Beneish M-Score Likely Earnings Manipulation
Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 8.9 years of data

Jan -0.7% 15
Feb +1.1% 15
Mar -1.6% 3
Apr +3.5% 12
May +2.0% 12
Jun +0.7% 6
Jul +3.1% 6
Aug -0.8% 14
Sep -2.5% 40
Oct -3.1% 43
Nov +2.6% 35
Dec -0.4% 14

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: ACEL Accel Entertainment

Accel Entertainment, Inc. (ACEL) is a U.S. distributed gaming operator that installs, maintains, and operates gaming terminals, cash-redemption devices with ATM functionality, and other amusement equipment in authorized non-casino venues such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. In addition to its route-based gaming business, the company designs and manufactures gaming terminals and related equipment, offers turnkey gaming solutions to third-party operators, runs stand-alone ATMs, and is developing brick-and-mortar casinos and horse racing venues. Accel is headquartered in Burr Ridge, Illinois, and trades on the NYSE in the Consumer Discretionary sector (Casinos & Gaming sub-industry).

The distributed or route gaming model - a regulated segment of the broader casino industry - allows video gaming machines and similar terminals to be placed in non-casino retail locations under state-level frameworks (notably established in Illinois), with the operator typically sharing a portion of net gaming revenue with the host venue. Because revenue is largely tied to net win per unit per day across a geographically dispersed terminal base, operators in this space are sensitive to state tax rates, regulatory changes, and the pace of new location additions.

Headlines to Watch Out For
  • Illinois gaming tax hike pressures distributed gaming margins
  • Active terminal growth and new state expansion drive revenue
  • Acquisitions add locations and scale distributed gaming footprint
Piotroski VR-10 (Strict) 8.5
Net Income: 56.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.15 > 0.02 and ΔFCF/TA 10.86 > 1.0
NWC/Revenue: 13.89% < 20% (prev 15.07%; Δ -1.18% < -1%)
CFO/TA 0.14 > 3% & CFO 149.0m > Net Income 56.7m
Net Debt (317.9m) to EBITDA (204.1m): 1.56 < 3
Current Ratio: 2.47 > 1.5 & < 3
Outstanding Shares: last quarter (83.4m) vs 12m ago -4.06% < -2%
Gross Margin: 31.83% > 18% (prev 30.69%; Δ 1.14% > 0.5%)
Asset Turnover: 129.2% > 50% (prev 121.1%; Δ 8.04% > 0%)
Interest Coverage Ratio: 3.53 > 6 (EBIT TTM 123.4m / Interest Expense TTM 34.9m)
Altman Z'' 2.93
A: 0.18 (Total Current Assets 324.3m - Total Current Liabilities 131.1m) / Total Assets 1.10b
B: 0.19 (Retained Earnings 213.4m / Total Assets 1.10b)
C: 0.11 (EBIT TTM 123.4m / Avg Total Assets 1.08b)
D: 0.35 (Book Value of Equity 283.9m / Total Liabilities 809.0m)
Altman-Z'' = 2.93 = A
Beneish M -1.39
DSRI: 3.0 (Receivables 41.0m/11.8m, Revenue 1.39b/1.28b)
GMI: 0.96 (GM 30.69% / 31.83%)
AQI: 0.95 (AQ_t 0.38 / AQ_t-1 0.40)
SGI: 1.09 (Revenue 1.39b / 1.28b)
TATA: -0.08 (NI 56.7m - CFO 149.0m) / TA 1.10b)
Beneish M = -1.39 (Cap -4..+1) = D
What is the price of ACEL shares?

As of August 10, 2026, the stock is trading at USD 12.16 with a total of 283,881 shares traded. Over the past week, the price has changed by +1.16%, over one month by -2.72%, over three months by +5.28% and over the past year by +9.65%.

Current recommended Stop Loss: 11.20 (which is 7.9% or 2.6 ATR below the current price).

Is ACEL a buy, sell or hold?

Accel Entertainment has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy ACEL.

  • StrongBuy: 3
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ACEL price?
Analysts Target Price 15.5 27.5%
Accel Entertainment (ACEL) - Fundamental Data Overview as of 07 August 2026
Market Cap USD = 1.01b (1.01b USD * 1.0 USD.USD)
P/E Trailing = 20.7167
P/E Forward = 16.0514
P/S = 0.7428
P/B = 3.5933
Revenue TTM = 1.39b USD
EBIT TTM = 123.4m USD
EBITDA TTM = 204.1m USD
Long Term Debt = 569.8m USD (from longTermDebt, last fiscal year)
Short Term Debt = 30.0m USD (from shortTermDebt, last quarter)
Debt = 573.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 317.9m USD (calculated: Debt 573.3m - CCE 255.5m)
Enterprise Value = 1.33b USD (1.01b + Debt 573.3m - CCE 255.5m)
Interest Coverage Ratio = 3.53 (Ebit TTM 123.4m / Interest Expense TTM 34.9m)
EV/FCF = 7.91x (Enterprise Value 1.33b / FCF TTM 167.9m)
FCF Yield = 12.65% (FCF TTM 167.9m / Enterprise Value 1.33b)
FCF Margin = 12.07% (FCF TTM 167.9m / Revenue TTM 1.39b)
Net Margin = 4.08% (Net Income TTM 56.7m / Revenue TTM 1.39b)
Gross Margin = 31.83% ((Revenue TTM 1.39b - Cost of Revenue TTM 948.2m) / Revenue TTM)
Gross Margin QoQ = 31.38% (prev 31.27%)
Tobins Q-Ratio = 1.21 (Enterprise Value 1.33b / Total Assets 1.10b)
Interest Expense / Debt = 6.09% (Interest Expense 34.9m / Debt 573.3m)
Taxrate = 27.84% (21.8m / 78.4m)
NOPAT = 89.0m (EBIT 123.4m * (1 - 27.84%))
Current Ratio = 2.47 (Total Current Assets 324.3m / Total Current Liabilities 131.1m)
Debt / Equity = 2.02 (Debt 573.3m / totalStockholderEquity, last quarter 283.9m)
Debt / EBITDA = 1.56 (Net Debt 317.9m / EBITDA 204.1m)
Debt / FCF = 1.89 (Net Debt 317.9m / FCF TTM 167.9m)
Total Stockholder Equity = 273.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.26% (Net Income 56.7m / Total Assets 1.10b)
RoE = 20.74% (Net Income TTM 56.7m / Total Stockholder Equity 273.2m)
RoCE = 14.63% (EBIT 123.4m / Capital Employed (Equity 273.2m + L.T.Debt 569.8m))
RoIC = 9.61% (NOPAT 89.0m / Invested Capital 926.4m)
WACC = 6.29% (E(1.01b)/V(1.58b) * Re(7.37%) + D(573.3m)/V(1.58b) * Rd(6.09%) * (1-Tc(0.28)))
Discount Rate = 7.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -16.52 | Cagr: -0.99%
[DCF] Terminal Value 77.97% ; FCFF base≈119.5m ; Y1≈137.0m ; Y5≈201.6m
[DCF] Fair Price = 33.45 (EV 3.03b - Net Debt 317.9m = Equity 2.72b / Shares 81.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -29.63 | EPS CAGR: -4.50% | SUE: -0.86 | # QB: -1
Revenue Correlation: 99.34 | Revenue CAGR: 7.09% | SUE: 3.10 | # QB: 3
EPS current Quarter (2026-09-30): EPS=0.16 | Chg30d=-25.58% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.86 | Chg30d=-0.55% | Revisions=+40% | GrowthEPS=-15.0% | GrowthRev=+6.1%
EPS next Year (2027-12-31): EPS=0.97 | Chg30d=+0.52% | Revisions=+25% | GrowthEPS=+12.8% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +29% (up=3, down=1)