Sezzle (NASDAQ:SEZL) Earns “Buy” Rating from B. Riley

Sezzle (NASDAQ:SEZL)‘s stock had its “buy” rating reissued by analysts at B. Riley in a note issued to investors on Wednesday,Benzinga reports. They presently have a $377.00 price target on the stock, up from their previous price target of $372.00. B. Riley’s price objective indicates a potential upside of 11.36% from the company’s previous close.

Separately, Northland Securities boosted their target price on Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th.

Sezzle Stock Up 16.2 %

Shares of NASDAQ:SEZL opened at $338.54 on Wednesday. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 36.01 and a beta of 9.58. The business’s 50 day moving average is $262.03 and its 200 day moving average is $242.40. Sezzle has a 12-month low of $40.39 and a 12-month high of $477.52. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54.

Sezzle (NASDAQ:SEZL) last posted its earnings results on Tuesday, February 25th. The company reported $4.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $1.31. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. The firm had revenue of $271.13 billion during the quarter, compared to analyst estimates of $73.90 million. On average, sell-side analysts forecast that Sezzle will post 9.77 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Sezzle news, CFO Karen Hartje sold 3,457 shares of the firm’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $316.32, for a total value of $1,093,518.24. Following the completion of the sale, the chief financial officer now directly owns 35,121 shares of the company’s stock, valued at $11,109,474.72. This trade represents a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Kyle M. Brehm purchased 110 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were purchased at an average cost of $360.00 per share, for a total transaction of $39,600.00. Following the transaction, the director now directly owns 3,718 shares in the company, valued at approximately $1,338,480. The trade was a 3.05 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 57.65% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sezzle

Large investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Sezzle during the 4th quarter valued at $691,000. Voloridge Investment Management LLC bought a new stake in Sezzle in the 4th quarter worth approximately $2,762,000. Washington Harbour Partners LP purchased a new stake in shares of Sezzle in the 4th quarter valued at $396,000. Two Sigma Investments LP bought a new position in shares of Sezzle during the fourth quarter valued at about $436,000. Finally, Nomura Holdings Inc. purchased a new position in Sezzle in the 4th quarter worth approximately $435,000. 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.