ACEL
Accel Entertainment, Inc.
ACEL has the edge over NKE overall, supported by stronger fundamentals and stronger modeled upside.
NKE
NIKE, Inc.
NKE offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
ACEL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Healthy |
ACEL's revenue, profitability, cash flow and balance sheet are all currently healthy.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
ACEL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $12.09 | -13% |
| Forward | 16x | $13.83 | — |
| Current | 18x | $13.83 | — |
| Fair | 21x | $15.87 | +15% |
| Expensive | 28x | $20.96 | +52% |
Historical ranges are pointers, not guarantees.
ACEL's PE is in its cheap range at 18x. If earnings grow as analysts expect, today's price would be 16x next year's earnings.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE has the edge over ACEL in the historical PE scenario, which offers more potential upside but is not a forecast.
ACEL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
ACEL has the edge over NKE on the outlook, with more favorable valuation and earnings expectations.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
ACEL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.88 | +16% |
| Q3 2026 | $0.76 | +52% |
| Q2 2026 | $0.67 | +68% |
| Q1 2026 | $0.60 | +22% |
| Q4 2025 | $0.60 | +46% |
| Q3 2025 | $0.50 | -2% |
| Q2 2025 | $0.40 | -30% |
| Q1 2025 | $0.49 | -3.9% |
| Q4 2024 | $0.41 | -23% |
ACEL has the edge over NKE on earnings, with more consistent year-over-year improvement.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE's earnings per share have fallen from their peak: $2.09 over the past year, against $3.82 in late 2021.
ACEL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $363.6M | +10% |
| Q2 2026 | $368.1M | +9.6% |
| Q1 2026 | $351.6M | +8.5% |
| Q4 2025 | $341.4M | +7.5% |
| Q3 2025 | $329.7M | +9.1% |
| Q2 2025 | $335.9M | +8.6% |
| Q1 2025 | $323.9M | +7.3% |
| Q4 2024 | $317.5M | +6.9% |
ACEL has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.9% | +0.2 points |
| Q2 2026 | 8.7% | +0.7 points |
| Q1 2026 | 7.7% | -0.3 points |
| Q4 2025 | 8.7% | +2.1 points |
| Q3 2025 | 7.7% | +0.5 points |
| Q2 2025 | 8% | +0.7 points |
| Q1 2025 | 8% | -0.5 points |
| Q4 2024 | 6.5% | -2 points |
ACEL's operating margin was 7.9% last quarter, about level with the same quarter a year ago.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE's revenue fell from its 2023 peak and has held roughly level since: $11.2B last quarter, down 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE has the edge over ACEL on profitability, with a higher operating margin.
ACEL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $60.7M | +77% |
| Q2 2026 | $8.9M | +$15.1M |
| Q1 2026 | $19.9M | +10% |
| Q4 2025 | $16M | +670% |
| Q3 2025 | $34.2M | +3.4% |
| Q2 2025 | -$6.2M | -155% |
| Q1 2025 | $18M | +122% |
| Q4 2024 | $2.1M | -89% |
ACEL has the edge over NKE on cash flow, with more consistent year-over-year improvement.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE usually generates cash, though not every quarter: the latest was −$64M, but it generated $2.1B over the past year.
ACEL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -15K shares |
| 1 year | -3.1% | -2.7M shares |
| 3 years | -4.3% | -3.7M shares |
| 5 years | -12% | -11.3M shares |
| Available history | +6.9% | +5.4M shares |
ACEL has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $7.2M |
| Q2 2026 | $5.6M |
| Q1 2026 | $12.1M |
| Q4 2025 | $16.2M |
| Q3 2025 | $6.8M |
| Q2 2025 | $6.7M |
| Q1 2025 | $10.2M |
| Q4 2024 | $4M |
ACEL spent $41M buying back its own shares over the past year, up 48% from the year before.
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has 1.5B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
ACEL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 1.9x | Healthy |
| Q1 2026 | 1.9x | Healthy |
| Q4 2025 | 1.9x | Healthy |
| Q3 2025 | 2.0x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 2.3x | Moderate |
ACEL's net debt is about 1.6 years of its operating earnings (EBITDA), down from 2.0 years a year ago.
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE has the edge over ACEL on leverage, with a lower net debt burden relative to earnings.
ACEL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.7 | Neutral |
| Stochastic | 74.0 | Neutral |
ACEL's weekly RSI is 70 (neutral) and its Stochastic is 74 (neutral).
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
ACEL PE vs Consumer Cyclical Sector
| Metric | ACEL | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 1% above |
| PE % | 27 | 47 | 20 pts below |
ACEL is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE has the edge over ACEL on valuation relative to its sector.
ACEL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.7 | 18% above |
| 20 week MA | $11.9 | 16% above |
| 50 week MA | $11.8 | 18% above |
| 100 week MA | $11.4 | 21% above |
| 200 week MA | $10.9 | 26% above |
ACEL has the edge over NKE on trend strength, trading above more of its moving averages.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
ACEL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.3 | $10.9 | -12% |
| 2021 | $10.9 | $13.2 | +21% |
| 2022 | $13.2 | $7.57 | -43% |
| 2023 | $7.57 | $10.3 | +36% |
| 2024 | $10.3 | $10.6 | +3.6% |
| 2025 | $10.6 | $11.7 | +10% |
| 2026 YTD | $11.7 | $13.8 | +18% |
ACEL has the edge over NKE on returns for 2026, with the stronger performance.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.