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Stock impact report

Accel Entertainment: Another Beat, But Market Still Missing The Regional Consolidation Story [Seeking Alpha]

Accel Entertainment, Inc. (ACEL) 
Company Research Source: Seeking Alpha
ACEL trades at a significant discount to peers, with an EV/EBITDA of 5.7x and a 'Buy' rating maintained, targeting $13.50–$14 per share. Growth is driven by core Illinois operations, recent Louisiana expansion, and ongoing M&A opportunities, particularly targeting Cash Magic Truck Plaza & Casino. Risks include regulatory changes and acquisition impacts on FCF, but ACEL remains well-positioned, with ~31% upside potential from current levels. Louisiana is expected to be Accel's next consolidation target. vistoff/iStock via Getty Images Once again, Accel Entertainment ( ACEL )—the national VGT operator that also owns the Fairmount Casino— came in ahead of what Wall St. expected. But even with another beat, it feels like they still need a bit more time to convince the market This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next Show less Read more
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