Accel Entertainment CFO Resignation Announced

Accel Entertainment ( (ACEL) ) just unveiled an update.

On April 29, 2025, Accel Entertainment announced the resignation of its Chief Financial Officer, Mathew Ellis, effective May 9, 2025, as he pursues other career opportunities. Mark Phelan, the company’s President of U.S. Gaming, will serve as the acting CFO while Accel searches for a permanent replacement. The transition is expected to be smooth, with Phelan’s experience and the company’s strong finance team ensuring continuity in operations. The company is focused on finding a leader who can drive growth and innovation.

Spark’s Take on ACEL Stock

According to Spark, TipRanks’ AI Analyst, ACEL is a Outperform.

Accel Entertainment exhibits strong financial performance and positive market momentum, supported by strategic expansions and share repurchases. While the P/E ratio indicates a high valuation, the overall growth strategy and market positioning provide a solid foundation for future potential. Key strengths include robust cash flow and strategic market expansion, although challenges in profitability margins and specific market performances need attention.

To see Spark’s full report on ACEL stock, click here.

More about Accel Entertainment

Accel Entertainment, Inc. (NYSE: ACEL) is a leading distributed gaming operator in the United States and a developer of brick-and-mortar casinos serving local gaming markets and horse racing venues. It provides turnkey full-service gaming solutions, including the design, manufacture, installation, and operation of gaming terminals and related equipment across various non-casino locations.

YTD Price Performance: 5.11%

Average Trading Volume: 425,820

Technical Sentiment Signal: Sell

Current Market Cap: $940.2M

See more data about ACEL stock on TipRanks’ Stock Analysis page.