Sezzle (NASDAQ:SEZL) Updates FY 2025 Earnings Guidance

Sezzle (NASDAQ:SEZL - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.250-3.250 for the period, compared to the consensus estimate of 3.240. The company issued revenue guidance of $433.8 million-$447.4 million, compared to the consensus revenue estimate of $438.4 million.

Analyst Upgrades and Downgrades

SEZL has been the topic of a number of recent research reports. Wall Street Zen lowered Sezzle from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Oppenheimer assumed coverage on Sezzle in a research note on Thursday, June 12th. They set an "outperform" rating and a $168.00 price target on the stock. Finally, B. Riley reiterated a "buy" rating and issued a $62.83 price objective (up from $62.00) on shares of Sezzle in a research report on Wednesday, February 26th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $96.94.

Sezzle Trading Up 6.1%

Shares of SEZL traded up $9.37 on Thursday, reaching $164.16. 736,839 shares of the company's stock were exchanged, compared to its average volume of 830,597. The business has a 50 day moving average price of $96.76 and a two-hundred day moving average price of $61.13. Sezzle has a 12 month low of $11.67 and a 12 month high of $165.55. The stock has a market capitalization of $5.46 billion, a P/E ratio of 55.46 and a beta of 9.06. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.56.

Sezzle declared that its board has authorized a share buyback plan on Monday, March 10th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 4.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Insider Activity

In other Sezzle news, COO Amin Sabzivand sold 18,000 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $157.31, for a total value of $2,831,580.00. Following the transaction, the chief operating officer now owns 243,303 shares of the company's stock, valued at approximately $38,273,994.93. This represents a 6.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Karen Hartje sold 311,196 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $71.83, for a total value of $22,353,208.68. Following the transaction, the chief financial officer now owns 154,266 shares of the company's stock, valued at $11,080,926.78. The trade was a 66.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 468,608 shares of company stock valued at $38,179,566 in the last 90 days. 49.49% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sezzle

Several institutional investors and hedge funds have recently made changes to their positions in the company. Strs Ohio bought a new position in Sezzle during the first quarter worth about $84,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Sezzle by 2,241.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,906 shares of the company's stock worth $1,078,000 after purchasing an additional 29,586 shares in the last quarter. AQR Capital Management LLC raised its holdings in Sezzle by 3,973.6% during the 1st quarter. AQR Capital Management LLC now owns 34,626 shares of the company's stock worth $1,208,000 after buying an additional 33,776 shares during the period. Millennium Management LLC lifted its stake in Sezzle by 321.7% in the first quarter. Millennium Management LLC now owns 115,525 shares of the company's stock valued at $4,031,000 after buying an additional 88,127 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Sezzle by 429.0% in the first quarter. Royal Bank of Canada now owns 132,361 shares of the company's stock valued at $4,618,000 after buying an additional 107,340 shares during the period. Institutional investors and hedge funds own 2.02% of the company's stock.

About Sezzle

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.