Accel Entertainment, Inc. is a distributed gaming operator in the U.S. and a partner for local business owners in the markets it serves. Co.'s business consists of the installation, maintenance and operation of gaming terminals, redemption devices that disburse winnings and contain automated teller machine (ATM) functionality, and other amusement devices in authorized non-casino locations such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. It also operates ATMs in gaming and non-gaming locations. Co.'s gaming-as-a-service platform provides local businesses with a turnkey gaming solution. We show 21 historical shares outstanding datapoints in our ACEL shares outstanding history coverage, used to compute ACEL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ACEL market cap history over the course of time is important for investors
interested in comparing ACEL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ACEL versus a peer is one thing; comparing
ACEL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ACEL can fluctuate over the course of history.
With this page we aim to empower investors researching ACEL by allowing them to research the ACEL market cap history. |
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Video: The Importance of Market Cap
