ACEL

Accel Entertainment Inc - Ordinary Shares - Class A1

TMT, Event Driven/Special Sit, SPAC


Presented:02/07/2020
Price:$12.63
Cap:$0.67B
Current Price:$11.59
Cap:$0.96B

Presented

Date02/07/2020
Price$12.63
Market Cap$0.67B
Ent Value$0.58B
P/E RatioN/A
Book Value$7.65
Div Yield0%
Shares O/S53.00M
Ave Daily Vol213,490
Short IntN/A

Current

Price$11.59
Market Cap$0.96B
Accel Entertainment, Inc. engages in the installation and operation of video gaming terminals in licensed video gaming locations. It also operates redemption terminals. The company was founded on December 8, 2010 and is headquartered in Burr Ridge, IL.

Publicly traded companies mentioned herein: Accel Entertainment Inc (ACEL), Golden Entertainment Inc (GDEN)

Highlights

The presenter is long shares of Accel Entertainment (ACEL). When measured by EBITDA, ACEL is the largest video lottery terminal operator in the country. They operate in Illinois, which is the one of the best states to be a gambling operator. Over the next two years, as ACEL expands into new states, the presenter believes that company fundamentals and stock should move higher, and he has a medium term target of $18.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.