Sezzle (NASDAQ:SEZL) Research Coverage Started at Needham & Company LLC

Needham & Company LLC assumed coverage on shares of Sezzle (NASDAQ:SEZL) in a research report released on Thursday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $85.00 price objective on the stock.

Several other equities research analysts have also recently weighed in on SEZL. TD Cowen reduced their price target on Sezzle from $83.00 to $82.00 and set a “hold” rating on the stock in a research note on Thursday, January 8th. Wall Street Zen downgraded shares of Sezzle from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. UBS Group set a $110.00 price target on shares of Sezzle in a research note on Thursday, November 6th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a research report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $118.00.

Sezzle Stock Performance

NASDAQ:SEZL opened at $64.06 on Thursday. The company has a quick ratio of 3.52, a current ratio of 3.52 and a debt-to-equity ratio of 0.76. The firm’s fifty day simple moving average is $68.96 and its 200 day simple moving average is $77.71. The stock has a market cap of $2.19 billion, a P/E ratio of 19.82 and a beta of 8.70. Sezzle has a twelve month low of $24.86 and a twelve month high of $186.74.

Institutional Trading of Sezzle

Several hedge funds have recently modified their holdings of the company. Yorktown Management & Research Co Inc purchased a new position in Sezzle during the second quarter worth approximately $708,000. Hussman Strategic Advisors Inc. acquired a new stake in shares of Sezzle in the 3rd quarter worth $3,006,000. IMC Chicago LLC acquired a new stake in shares of Sezzle in the 3rd quarter worth $1,575,000. XTX Topco Ltd purchased a new position in shares of Sezzle during the 2nd quarter worth $2,786,000. Finally, Lisanti Capital Growth LLC acquired a new position in shares of Sezzle during the 2nd quarter valued at about $2,082,000. 2.02% of the stock is owned by hedge funds and other institutional investors.

Sezzle Company Profile

Sezzle Inc is a financial technology company specializing in buy now, pay later (BNPL) services that enable consumers to split purchases into interest-free installment payments. By integrating its platform with e-commerce merchants, Sezzle provides shoppers with flexible payment options at checkout while merchants benefit from increased conversion rates and average order values. The company’s technology is designed to offer a seamless user experience, with instant approval decisions and no hidden fees, positions it as a consumer-friendly alternative to traditional credit products.

Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle completed its initial public offering on the Nasdaq under the ticker SEZL.