- Accel operates video gaming terminals in restaurants and other non-casino locations.
- The company, whose M&A pipeline is active, saw upbeat revenues and EBITDA for the first quarter with an upgraded guidance provided for 2021.
- Same-store growth, combined with more sales per terminal, signify better profitability in a high-demand environment.
- The asset-light business model and past experience in dealing with COVID are strong positives to mitigate any downside risk going into the second half of 2021.
- Therefore, the ingredients are present for the company's stock to benefit from an upside.
For further details see:
Accel Entertainment: Ingredients For Upside