Sezzle (NASDAQ:SEZL) Earns “Buy” Rating from B. Riley

Sezzle (NASDAQ:SEZL)‘s stock had its “buy” rating reaffirmed by research analysts at B. Riley in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $377.00 price target on the stock, up from their prior price target of $372.00. B. Riley’s price objective would indicate a potential upside of 31.76% from the company’s current price. B. Riley also issued estimates for Sezzle’s FY2025 earnings at $13.26 EPS and FY2026 earnings at $18.84 EPS.

Separately, Northland Securities boosted their price target on shares of Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th.

Sezzle Stock Down 6.6 %

Shares of SEZL opened at $286.12 on Wednesday. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54. The firm has a market cap of $1.60 billion, a P/E ratio of 30.44 and a beta of 9.58. The company’s 50-day moving average price is $264.16 and its 200 day moving average price is $243.15. Sezzle has a 12-month low of $40.39 and a 12-month high of $477.52.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $4.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.08 by $1.31. The company had revenue of $271.13 billion for the quarter, compared to analyst estimates of $73.90 million. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. On average, sell-side analysts forecast that Sezzle will post 9.77 earnings per share for the current year.

Insider Transactions at Sezzle

In other news, CFO Karen Hartje sold 3,457 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the completion of the transaction, the chief financial officer now directly owns 35,121 shares of the company’s stock, valued at approximately $11,109,474.72. The trade was a 8.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Kyle M. Brehm acquired 110 shares of the stock in a transaction dated Thursday, December 5th. The shares were bought at an average cost of $360.00 per share, with a total value of $39,600.00. Following the completion of the transaction, the director now owns 3,718 shares of the company’s stock, valued at approximately $1,338,480. This represents a 3.05 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 57.65% of the company’s stock.

Hedge Funds Weigh In On Sezzle

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Sezzle by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 169,614 shares of the company’s stock valued at $43,387,000 after purchasing an additional 3,853 shares in the last quarter. G2 Investment Partners Management LLC boosted its holdings in shares of Sezzle by 275.9% in the fourth quarter. G2 Investment Partners Management LLC now owns 102,192 shares of the company’s stock valued at $26,141,000 after acquiring an additional 75,007 shares during the period. Marshall Wace LLP boosted its holdings in shares of Sezzle by 792.3% in the fourth quarter. Marshall Wace LLP now owns 79,983 shares of the company’s stock valued at $20,460,000 after acquiring an additional 71,019 shares during the period. State Street Corp boosted its holdings in shares of Sezzle by 3.5% in the third quarter. State Street Corp now owns 49,362 shares of the company’s stock valued at $8,421,000 after acquiring an additional 1,683 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of Sezzle by 172.7% in the fourth quarter. Millennium Management LLC now owns 27,398 shares of the company’s stock valued at $7,008,000 after acquiring an additional 17,351 shares during the period. 2.02% of the stock is owned by institutional investors and hedge funds.

Sezzle Company Profile

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.