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

Sezzle Inc. (NASDAQ:SEZL) has earned an average rating of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $118.00.

A number of analysts have issued reports on the company. Needham & Company LLC assumed coverage on Sezzle in a research note on Thursday. They issued a “buy” rating and a $85.00 price objective on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Sezzle in a research note on Monday, December 29th. TD Cowen dropped their target price on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating on the stock in a report on Thursday, January 8th. Wall Street Zen lowered shares of Sezzle from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, UBS Group set a $110.00 price target on shares of Sezzle in a research report on Thursday, November 6th.

Sezzle Stock Down 2.7%

Shares of SEZL opened at $61.19 on Thursday. The business’s 50 day moving average is $69.14 and its 200 day moving average is $78.85. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.76. Sezzle has a 12-month low of $24.86 and a 12-month high of $186.74. The company has a market capitalization of $2.09 billion, a PE ratio of 18.98 and a beta of 8.70.

Institutional Investors Weigh In On Sezzle

Institutional investors have recently bought and sold shares of the company. CWM LLC increased its position in shares of Sezzle by 8.1% during the second quarter. CWM LLC now owns 1,070 shares of the company’s stock worth $192,000 after purchasing an additional 80 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Sezzle by 8.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,508 shares of the company’s stock worth $270,000 after purchasing an additional 122 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Sezzle during the 2nd quarter valued at about $29,000. Spire Wealth Management purchased a new stake in Sezzle in the second quarter valued at about $32,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Sezzle by 8.3% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 2,600 shares of the company’s stock worth $207,000 after acquiring an additional 200 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.

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.