Sezzle (SEZL) Set to Announce Quarterly Earnings on Wednesday

Sezzle (NASDAQ:SEZL) will issue its quarterly earnings data after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.84 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share for the quarter. The company had revenue of $46.98 million during the quarter. Sezzle had a return on equity of 62.26% and a net margin of 7.79%. On average, analysts expect Sezzle to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Sezzle Stock Performance

Shares of NASDAQ:SEZL opened at $79.99 on Wednesday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.42. Sezzle has a 1-year low of $7.15 and a 1-year high of $100.00. The business has a 50-day moving average price of $82.55 and a two-hundred day moving average price of $64.90. The stock has a market capitalization of $452.74 million and a P/E ratio of 35.08.

Wall Street Analysts Forecast Growth

SEZL has been the subject of several recent research reports. Northland Securities assumed coverage on Sezzle in a research report on Tuesday, July 9th. They set an “outperform” rating and a $119.00 price target for the company. B. Riley started coverage on Sezzle in a report on Wednesday, June 26th. They set a “buy” rating and a $113.00 price target for the company. Finally, Northland Capmk raised shares of Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th.

Insider Buying and Selling

In related news, Director Paul Martin Purcell sold 508 shares of the business’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $86.98, for a total value of $44,185.84. Following the transaction, the director now owns 349,650 shares in the company, valued at $30,412,557. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, Director Paul Paradis sold 1,645 shares of the firm’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $67.86, for a total value of $111,629.70. Following the transaction, the director now owns 204,971 shares of the company’s stock, valued at approximately $13,909,332.06. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Paul Martin Purcell sold 508 shares of the stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $86.98, for a total value of $44,185.84. Following the completion of the sale, the director now directly owns 349,650 shares of the company’s stock, valued at $30,412,557. The disclosure for this sale can be found here. Insiders have sold a total of 77,469 shares of company stock worth $6,627,321 in the last ninety days. Company insiders own 57.65% 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.