Accel Entertainment (ACEL)

• Market cap: $1.03B
• 1 day: -2.17%
• 5 days: 0.41%
• 1 month: 4.65%
• 3 months: 10.95%
• 6 months: 17.37%
• Year to date: 15.04%
• 1 year: 18.06%
• 5 years: 29.22%
• 10 years: 24.08%
• Sector: Consumer Discretionary
• Industry: Gambling

About: Accel Entertainment Inc is a distributed gaming and local entertainment operator in the United States. It is engaged in the installation, maintenance, operation, and servicing of gaming terminals and related equipment, redemption devices that disburse winnings and contain automated teller machine (ATM) functionality, and amusement devices in authorized non-casino locations such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. The Company also operates stand-alone ATMs in gaming and non-gaming locations. It generates revenue from Net gaming, Amusement, Manufacturing, ATM fees, and others.

Employees: 1,500

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

45,186% more call options, than puts

Call options by funds: $3.17M | Put options by funds: $7K

180% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 10

10% more funds holding

Funds holding: 145 [Q4 2024] → 160 (+15) [Q1 2025]

8% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 49

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

0.8% less ownership

Funds ownership: 51.79% [Q4 2024] → 51.0% (-0.8%) [Q1 2025]

5% less capital invested

Capital invested by funds: $455M [Q4 2024] → $433M (-$22.5M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $16 32% upside
• Avg. target: $16 32% upside
• High target: $16 32% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Macquarie Chad Beynon

32% upside $16

Outperform Maintained

6 May 2025