Sezzle (NASDAQ:SEZL) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Sezzle (NASDAQ:SEZL) to a strong-buy rating in a research note 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.

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

Sezzle Trading Up 6.6 %

NASDAQ:SEZL opened at $87.58 on Tuesday. Sezzle has a one year low of $7.15 and a one year high of $100.00. The company has a debt-to-equity ratio of 2.42, a quick ratio of 2.06 and a current ratio of 2.06. The firm has a market cap of $496.58 million and a P/E ratio of 38.41. The firm has a 50-day simple moving average of $78.29 and a 200-day simple moving average of $58.77.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.34 EPS for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. The business had revenue of $46.98 million during the quarter. Equities analysts anticipate that Sezzle will post 4.83 EPS for the current fiscal year.

Insider Buying and Selling

In other Sezzle news, SVP Justin Krause sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $80.04, for a total transaction of $160,080.00. Following the sale, the senior vice president now owns 14,658 shares of the company’s stock, valued at approximately $1,173,226.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Sezzle news, SVP Justin Krause sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $80.04, for a total transaction of $160,080.00. Following the sale, the senior vice president now owns 14,658 shares of the company’s stock, valued at approximately $1,173,226.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Paul Paradis sold 1,470 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $77.36, for a total transaction of $113,719.20. Following the sale, the director now directly owns 209,906 shares in the company, valued at approximately $16,238,328.16. The disclosure for this sale can be found here. Insiders sold a total of 70,432 shares of company stock worth $6,006,005 in the last 90 days. 57.65% of the stock is owned by corporate insiders.

Institutional Trading of Sezzle

An institutional investor recently bought a new position in Sezzle stock. Tower Research Capital LLC TRC acquired a new stake in Sezzle Inc. (NASDAQ:SEZL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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.

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.