Sezzle (NASDAQ:SEZL) Downgraded to “Hold” Rating by Wall Street Zen

by · The Cerbat Gem

Wall Street Zen cut shares of Sezzle (NASDAQ:SEZL – Free Report) from a buy rating to a hold rating in a research report sent to investors on Saturday.

A number of other analysts have also recently commented on SEZL. UBS Group set a $110.00 price target on Sezzle in a research report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sezzle in a research note on Tuesday, November 25th. TD Cowen initiated coverage on shares of Sezzle in a research note on Thursday, September 11th. They set a “hold” rating and a $82.00 target price on the stock. Cowen initiated coverage on shares of Sezzle in a report on Thursday, September 11th. They set a “hold” rating on the stock. Finally, B. Riley upped their price target on shares of Sezzle from $101.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $113.00.

Get Our Latest Analysis on Sezzle

Sezzle Stock Up 2.5%

SEZL opened at $68.39 on Friday. The firm’s 50 day simple moving average is $67.71 and its two-hundred day simple moving average is $102.43. The company has a market capitalization of $2.34 billion, a PE ratio of 21.16 and a beta of 8.68. Sezzle has a 1-year low of $24.86 and a 1-year high of $186.74. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.76.

Sezzle (NASDAQ:SEZL – Get Free Report) last issued its quarterly earnings data on Tuesday, November 19th. The company reported $0.21 earnings per share (EPS) for the quarter. Sezzle had a net margin of 27.66% and a return on equity of 90.06%. The firm had revenue of $40.84 million during the quarter. As a group, equities analysts forecast that Sezzle will post 9.77 EPS for the current year.

Insider Buying and Selling

In other news, CFO Karen Hartje sold 5,484 shares of Sezzle stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $85.00, for a total transaction of $466,140.00. Following the sale, the chief financial officer owned 116,053 shares in the company, valued at $9,864,505. This trade represents a 4.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kyle M. Brehm bought 1,217 shares of the stock in a transaction dated Wednesday, November 12th. The stock was bought at an average cost of $57.50 per share, for a total transaction of $69,977.50. Following the acquisition, the director directly owned 24,129 shares of the company’s stock, valued at approximately $1,387,417.50. This represents a 5.31% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 49.49% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SEZL. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Sezzle in the second quarter worth about $29,000. Vestcor Inc bought a new stake in Sezzle in the 3rd quarter worth approximately $29,000. Spire Wealth Management purchased a new stake in shares of Sezzle during the 2nd quarter worth approximately $32,000. Farther Finance Advisors LLC purchased a new stake in shares of Sezzle during the 2nd quarter worth approximately $33,000. Finally, Sound Income Strategies LLC bought a new position in shares of Sezzle during the 2nd quarter valued at approximately $40,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Sezzle Company Profile

(Get Free Report)

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.

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