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Is Accel Entertainment (ACEL) Stock Undervalued Right Now?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Accel Entertainment (ACEL - Free Report) is a stock many investors are watching right now. ACEL is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 13.57 right now. For comparison, its industry sports an average P/E of 28.22. Over the last 12 months, ACEL's Forward P/E has been as high as 17.76 and as low as 11.82, with a median of 14.05.
We should also highlight that ACEL has a P/B ratio of 4.51. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 9.74. ACEL's P/B has been as high as 5.08 and as low as 3.90, with a median of 4.45, over the past year.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. ACEL has a P/S ratio of 0.76. This compares to its industry's average P/S of 1.26.
Finally, we should also recognize that ACEL has a P/CF ratio of 8.74. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 27.99. ACEL's P/CF has been as high as 9.76 and as low as 7.45, with a median of 8.56, all within the past year.
These are only a few of the key metrics included in Accel Entertainment's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, ACEL looks like an impressive value stock at the moment.
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Is Accel Entertainment (ACEL) Stock Undervalued Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Accel Entertainment (ACEL - Free Report) is a stock many investors are watching right now. ACEL is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 13.57 right now. For comparison, its industry sports an average P/E of 28.22. Over the last 12 months, ACEL's Forward P/E has been as high as 17.76 and as low as 11.82, with a median of 14.05.
We should also highlight that ACEL has a P/B ratio of 4.51. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 9.74. ACEL's P/B has been as high as 5.08 and as low as 3.90, with a median of 4.45, over the past year.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. ACEL has a P/S ratio of 0.76. This compares to its industry's average P/S of 1.26.
Finally, we should also recognize that ACEL has a P/CF ratio of 8.74. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 27.99. ACEL's P/CF has been as high as 9.76 and as low as 7.45, with a median of 8.56, all within the past year.
These are only a few of the key metrics included in Accel Entertainment's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, ACEL looks like an impressive value stock at the moment.