Sezzle (NASDAQ:SEZL) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Sezzle (NASDAQ:SEZL) to a strong-buy rating in a research report report published on Tuesday, Zacks.com reports. Northland Capmk also issued estimates for Sezzle’s Q2 2024 earnings at $0.82 EPS, Q3 2024 earnings at $1.09 EPS, Q4 2024 earnings at $1.50 EPS, FY2024 earnings at $4.76 EPS, Q1 2025 earnings at $1.66 EPS, Q2 2025 earnings at $1.51 EPS, Q3 2025 earnings at $1.77 EPS, Q4 2025 earnings at $2.05 EPS and FY2025 earnings at $7.00 EPS.

A number of other equities research analysts have also recently weighed in on SEZL. Northland Securities initiated coverage on Sezzle in a report on Tuesday. They set an outperform rating and a $119.00 price target for the company. B. Riley initiated coverage on Sezzle in a report on Wednesday, June 26th. They set a buy rating and a $113.00 price target for the company.

Sezzle Trading Up 6.6 %

Shares of SEZL opened at $87.58 on Tuesday. Sezzle has a 1 year low of $7.15 and a 1 year high of $100.00. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.42. The stock has a 50 day simple moving average of $78.29 and a 200-day simple moving average of $58.77. The stock has a market cap of $496.58 million and a PE ratio of 38.41.

Sezzle (NASDAQ:SEZL) last issued its earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share (EPS) for the quarter. Sezzle had a return on equity of 62.26% and a net margin of 7.79%. The business had revenue of $46.98 million during the quarter. On average, sell-side analysts predict that Sezzle will post 4.83 EPS for the current fiscal year.

Insider Activity

In other news, SVP Justin Krause sold 1,619 shares of Sezzle stock in a transaction on Tuesday, July 9th. The stock was sold at an average price of $98.00, for a total value of $158,662.00. Following the completion of the sale, the senior vice president now directly owns 16,533 shares of the company’s stock, valued at approximately $1,620,234. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Paul Paradis sold 1,470 shares of the firm’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $77.36, for a total value of $113,719.20. Following the transaction, the director now directly owns 209,906 shares in the company, valued at approximately $16,238,328.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Justin Krause sold 1,619 shares of the firm’s stock in a transaction on Tuesday, July 9th. The stock was sold at an average price of $98.00, for a total value of $158,662.00. Following the completion of the transaction, the senior vice president now owns 16,533 shares in the company, valued at $1,620,234. The disclosure for this sale can be found here. In the last ninety days, insiders sold 70,432 shares of company stock valued at $6,006,005. Company insiders own 57.65% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sezzle stock. Tower Research Capital LLC TRC bought a new position in shares of Sezzle Inc. (NASDAQ:SEZL) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,223 shares of the company’s stock, valued at approximately $25,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

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.