Sezzle Inc. (NASDAQ:SEZL) Given Average Rating of “Moderate Buy” by Brokerages

Sezzle Inc. (NASDAQ:SEZL) has been given an average recommendation of “Moderate Buy” by the six analysts that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $113.00.

Several equities research analysts recently commented on the stock. TD Cowen started coverage on shares of Sezzle in a research note on Thursday, September 11th. They set a “hold” rating and a $82.00 price target on the stock. UBS Group set a $110.00 price objective on Sezzle in a report on Thursday, November 6th. Cowen initiated coverage on Sezzle in a research report on Thursday, September 11th. They set a “hold” rating on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Sezzle in a research report on Tuesday. Finally, B. Riley raised their price target on Sezzle from $101.00 to $111.00 and gave the stock a “buy” rating in a research note on Monday, August 11th.

Sezzle Stock Up 4.4%

Shares of Sezzle stock opened at $61.43 on Friday. The company has a quick ratio of 3.52, a current ratio of 3.52 and a debt-to-equity ratio of 0.76. Sezzle has a 52-week low of $24.86 and a 52-week high of $186.74. The company has a market capitalization of $2.10 billion, a P/E ratio of 19.01 and a beta of 8.63. The company has a 50 day moving average of $69.96 and a 200 day moving average of $103.41.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Tuesday, November 19th. The company reported $0.21 earnings per share for the quarter. The company had revenue of $40.84 million for the quarter. Sezzle had a return on equity of 90.06% and a net margin of 27.66%. As a group, research analysts forecast that Sezzle will post 9.77 EPS for the current fiscal year.

Insider Activity

In related news, Director Kyle M. Brehm purchased 1,217 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average price of $57.50 per share, with a total value of $69,977.50. Following the completion of the acquisition, the director directly owned 24,129 shares in the company, valued at $1,387,417.50. This represents a 5.31% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Karen Hartje sold 5,484 shares of Sezzle stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $85.00, for a total value of $466,140.00. Following the completion of the transaction, the chief financial officer owned 116,053 shares in the company, valued at $9,864,505. This trade represents a 4.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 49.49% of the stock is currently owned by corporate insiders.

Institutional Trading of Sezzle

A number of institutional investors have recently modified their holdings of the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Sezzle during the second quarter worth $29,000. Spire Wealth Management acquired a new position in shares of Sezzle during the 2nd quarter worth $32,000. Farther Finance Advisors LLC acquired a new position in shares of Sezzle during the 2nd quarter worth $33,000. Sound Income Strategies LLC purchased a new position in shares of Sezzle in the 2nd quarter valued at about $40,000. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Sezzle by 351.5% in the second quarter. Nisa Investment Advisors LLC now owns 298 shares of the company’s stock valued at $53,000 after purchasing an additional 232 shares during the period. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

About Sezzle

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.