Sezzle (NASDAQ:SEZL) Now Covered by Analysts at B. Riley

B. Riley initiated coverage on shares of Sezzle (NASDAQ:SEZL) in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage issued a buy rating and a $113.00 price target on the stock. B. Riley also issued estimates for Sezzle’s Q2 2024 earnings at $0.85 EPS, Q3 2024 earnings at $1.21 EPS, Q4 2024 earnings at $1.49 EPS, FY2024 earnings at $4.89 EPS and FY2025 earnings at $7.07 EPS.

Sezzle Trading Up 0.3 %

Shares of Sezzle stock opened at $88.22 on Wednesday. The firm has a 50-day moving average of $71.17 and a 200-day moving average of $53.82. The stock has a market cap of $500.21 million and a PE ratio of 38.69. Sezzle has a 52-week low of $7.15 and a 52-week 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.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share (EPS) for the quarter. The company had revenue of $46.98 million during the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%.

Insider Activity

In related news, Director Paul Paradis sold 1,645 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $71.90, for a total value of $118,275.50. Following the completion of the transaction, the director now owns 206,029 shares of the company’s stock, valued at $14,813,485.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Paul Martin Purcell sold 2,022 shares of the business’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $83.35, for a total value of $168,533.70. Following the completion of the transaction, the director now owns 447,665 shares of the company’s stock, valued at $37,312,877.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Paul Paradis sold 1,645 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $71.90, for a total value of $118,275.50. Following the completion of the transaction, the director now directly owns 206,029 shares of the company’s stock, valued at approximately $14,813,485.10. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 54,113 shares of company stock valued at $4,429,283. 57.65% of the stock is owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sezzle stock. Tower Research Capital LLC TRC bought a new position in shares of Sezzle Inc. (NASDAQ:SEZL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,223 shares of the company’s stock, valued at approximately $25,000. 2.02% of the stock is owned by institutional investors.

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.