Sezzle Inc. (NASDAQ:SEZL) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Sezzle Inc. (NASDAQ:SEZL) have been given an average rating of “Moderate Buy” by the nine analysts that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $160.33.

Several equities research analysts have commented on SEZL shares. Needham & Company LLC increased their price objective on shares of Sezzle from $172.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, November 5th. Wall Street Zen lowered Sezzle from a “buy” rating to a “hold” rating in a report on Sunday, November 1st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sezzle in a research report on Monday, November 2nd. Keefe, Bruyette & Woods decreased their price target on Sezzle from $190.00 to $155.00 and set a “market perform” rating for the company in a research report on Friday, August 7th. Finally, B. Riley Financial reissued a “buy” rating on shares of Sezzle in a research report on Friday, August 7th.

Insiders Place Their Bets

In other Sezzle news, Director Kyle M. Brehm sold 1,000 shares of Sezzle stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $125.92, for a total value of $125,920.00. Following the sale, the director owned 23,853 shares of the company’s stock, valued at approximately $3,003,569.76. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Bryan Hunt bought 250 shares of the company’s stock in a transaction on Friday, September 18th. The stock was bought at an average price of $115.86 per share, for a total transaction of $28,965.00. Following the completion of the purchase, the director owned 3,985 shares of the company’s stock, valued at approximately $461,702.10. The trade was a 6.69% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 43.90% of the company’s stock.

Institutional Trading of Sezzle

A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of Sezzle during the second quarter worth $436,497,000. Dimensional Fund Advisors LP grew its position in shares of Sezzle by 41.6% in the first quarter. Dimensional Fund Advisors LP now owns 458,222 shares of the company’s stock valued at $28,996,000 after purchasing an additional 134,714 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Sezzle by 296.1% during the 1st quarter. Bank of America Corp DE now owns 326,063 shares of the company’s stock valued at $20,637,000 after purchasing an additional 243,747 shares during the period. Principal Financial Group Inc. lifted its holdings in Sezzle by 41.6% during the 1st quarter. Principal Financial Group Inc. now owns 247,407 shares of the company’s stock worth $15,658,000 after purchasing an additional 72,626 shares in the last quarter. Finally, Marshall Wace LLP boosted its stake in Sezzle by 36.9% in the 3rd quarter. Marshall Wace LLP now owns 141,833 shares of the company’s stock worth $15,324,000 after purchasing an additional 38,256 shares during the period. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

Sezzle Stock Down 0.0%

NASDAQ SEZL traded down $0.07 on Friday, reaching $154.60. The company had a trading volume of 341,768 shares, compared to its average volume of 627,141. The stock has a market capitalization of $5.22 billion, a P/E ratio of 29.56 and a beta of 6.59. The company’s fifty day moving average is $125.55 and its 200 day moving average is $112.33. Sezzle has a 52-week low of $49.50 and a 52-week high of $195.71. The company has a quick ratio of 4.21, a current ratio of 4.21 and a debt-to-equity ratio of 0.37.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.09. The business had revenue of $166.50 million for the quarter, compared to analysts’ expectations of $155.01 million. Sezzle had a return on equity of 81.99% and a net margin of 31.39%. The business’s revenue was up 42.6% on a year-over-year basis. During the same period last year, the business earned $0.71 EPS. Sell-side analysts anticipate that Sezzle will post 5.48 earnings per share for the current fiscal year.

Sezzle Company Profile

Sezzle Inc. is a financial technology company that operates a buy now, pay later platform. Its services let shoppers split eligible purchases into installments at checkout, while giving merchants another payment option to offer customers. The company also provides shopping and payment tools through its app, including a virtual card and services designed to help users manage purchases and build credit. Sezzle’s platform primarily serves consumers and merchants in the United States and Canada. Founded in 2016, Sezzle is headquartered in Minneapolis, Minnesota.