Sezzle Inc. (NASDAQ:SEZL) Stock Has Consensus Price Target of $160.33 According to Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Sezzle, with an average 12-month price target of $160.33. Of nine analysts, four rate it Buy, one Strong Buy, and four Hold.
• Sezzle beat quarterly expectations, reporting EPS of $1.37 versus $1.28 expected and revenue of $166.5 million versus $155.01 million expected; revenue rose 42.6% year over year.
• Recent analyst views diverged: TD Cowen raised its price target to $200 and reiterated Buy, while Keefe, Bruyette & Woods cut its target to $155 and assigned Market Perform.

Shares of Sezzle Inc. (NASDAQ:SEZL - Get Free Report) have been given an average recommendation of "Moderate Buy" by the nine research firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $160.33.

Several research analysts have recently weighed in on SEZL shares. Keefe, Bruyette & Woods lowered their price objective on Sezzle from $190.00 to $155.00 and set a "market perform" rating for the company in a research report on Friday, August 7th. B. Riley Financial reaffirmed a "buy" rating on shares of Sezzle in a research note on Friday, August 7th. TD Cowen lifted their price objective on shares of Sezzle from $160.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday, November 5th. Wall Street Zen downgraded shares of Sezzle from a "buy" rating to a "hold" rating in a research report on Sunday, November 1st. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Sezzle in a research note on Monday, November 2nd.

Sezzle Trading Down 0.0%

Shares of NASDAQ SEZL traded down $0.07 during midday trading on Friday, reaching $154.60. The stock had a trading volume of 341,768 shares, compared to its average volume of 627,141. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of 29.56 and a beta of 6.59. Sezzle has a twelve month low of $49.50 and a twelve month high of $195.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.21 and a current ratio of 4.21. The company's 50 day moving average price is $125.55 and its 200 day moving average price is $112.33.

Sezzle (NASDAQ:SEZL - Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.09. The company had revenue of $166.50 million during the quarter, compared to analysts' expectations of $155.01 million. Sezzle had a net margin of 31.39% and a return on equity of 81.99%. Sezzle's revenue for the quarter was up 42.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.71 earnings per share. As a group, sell-side analysts expect that Sezzle will post 5.48 EPS for the current year.

Insider Activity

In other news, Director Kyle Brehm sold 1,000 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $125.92, for a total transaction of $125,920.00. Following the transaction, the director owned 23,853 shares of the company's stock, valued at $3,003,569.76. This represents a 4.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bryan Hunt bought 250 shares of Sezzle stock in a transaction dated Friday, September 18th. The stock was purchased at an average price of $115.86 per share, with a total value of $28,965.00. Following the completion of the purchase, the director owned 3,985 shares in the company, valued at $461,702.10. This trade represents a 6.69% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 43.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sezzle

Large investors have recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Sezzle in the second quarter valued at $436,497,000. Bank of America Corp DE bought a new stake in shares of Sezzle during the second quarter worth about $46,543,000. Dimensional Fund Advisors LP raised its holdings in shares of Sezzle by 41.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 458,222 shares of the company's stock worth $28,996,000 after acquiring an additional 134,714 shares during the last quarter. Jupiter Topco LLC acquired a new stake in shares of Sezzle in the 2nd quarter worth about $19,433,000. Finally, Bank of New York Mellon Corp bought a new position in Sezzle in the 2nd quarter valued at about $16,909,000. 2.02% of the stock is currently owned by institutional investors.

About Sezzle

Sezzle Inc. is a financial technology company that operates a buy now, pay later platform. Its services let shoppers split eligible purchases into installments at checkout, while giving merchants another payment option to offer customers. The company also provides shopping and payment tools through its app, including a virtual card and services designed to help users manage purchases and build credit. Sezzle's platform primarily serves consumers and merchants in the United States and Canada. Founded in 2016, Sezzle is headquartered in Minneapolis, Minnesota.

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