FY2024 EPS Estimates for Sezzle Inc. (NASDAQ:SEZL) Raised by Analyst

Sezzle Inc. (NASDAQ:SEZL) – B. Riley increased their FY2024 earnings per share estimates for shares of Sezzle in a note issued to investors on Thursday, August 8th. B. Riley analyst H. Goetsch now anticipates that the company will earn $6.71 per share for the year, up from their prior estimate of $4.89. B. Riley has a “Buy” rating and a $113.00 price target on the stock. The consensus estimate for Sezzle’s current full-year earnings is $6.71 per share. B. Riley also issued estimates for Sezzle’s Q4 2024 earnings at $2.12 EPS and FY2025 earnings at $10.18 EPS.

SEZL has been the topic of a number of other research reports. Northland Securities started coverage on shares of Sezzle in a research note on Tuesday, July 9th. They set an “outperform” rating and a $119.00 price target on the stock. Northland Capmk raised Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th.

Sezzle Stock Performance

Sezzle stock opened at $126.47 on Monday. The stock has a fifty day moving average price of $86.52 and a 200 day moving average price of $69.40. Sezzle has a 52 week low of $7.15 and a 52 week high of $127.00. The firm has a market capitalization of $708.23 million and a P/E ratio of 55.47. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37.

Insider Buying and Selling at Sezzle

In related news, SVP Justin Krause sold 2,000 shares of Sezzle stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $80.04, for a total value of $160,080.00. Following the completion of the transaction, the senior vice president now directly owns 14,658 shares in the company, valued at $1,173,226.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Paul Martin Purcell sold 29,924 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $121.61, for a total value of $3,639,057.64. Following the sale, the director now owns 269,716 shares of the company’s stock, valued at approximately $32,800,162.76. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Justin Krause sold 2,000 shares of the firm’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $80.04, for a total value of $160,080.00. Following the completion of the sale, the senior vice president now owns 14,658 shares in the company, valued at $1,173,226.32. The disclosure for this sale can be found here. Insiders have sold 114,038 shares of company stock worth $10,864,683 in the last ninety days. 57.65% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. acquired a new stake in Sezzle in the first quarter worth approximately $13,369,000. Bank of New York Mellon Corp acquired a new position in shares of Sezzle in the 2nd quarter valued at $611,000. XTX Topco Ltd purchased a new position in shares of Sezzle in the second quarter worth approximately $544,000. Divisadero Street Capital Management LP purchased a new position in Sezzle during the 2nd quarter worth approximately $356,000. Finally, Rhumbline Advisers purchased a new position in shares of Sezzle during the second quarter valued at $203,000. Institutional investors and hedge funds 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.