Sezzle (SEZL) to Release Quarterly Earnings on Tuesday

Sezzle (NASDAQ:SEZL) is projected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $3.08 per share and revenue of $73.90 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Sezzle Stock Down 7.1 %

Shares of NASDAQ SEZL opened at $286.65 on Friday. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40. The company has a market cap of $1.61 billion, a P/E ratio of 30.49 and a beta of 9.56. Sezzle has a 1 year low of $38.22 and a 1 year high of $477.52. The firm has a 50-day simple moving average of $263.36 and a two-hundred day simple moving average of $237.68.

Analysts Set New Price Targets

Several analysts have issued reports on SEZL shares. B. Riley reissued a “buy” rating and issued a $372.00 price objective (up previously from $353.00) on shares of Sezzle in a research note on Thursday, December 19th. Northland Securities raised their price objective on shares of Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th.

Insider Transactions at Sezzle

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