Sezzle (SEZL) Set to Announce Earnings on Thursday

Sezzle (NASDAQ:SEZL) is scheduled to release its earnings data after the market closes on Thursday, November 7th. Analysts expect Sezzle to post earnings of $0.89 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The business had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. On average, analysts expect Sezzle to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Sezzle Trading Up 2.5 %

NASDAQ:SEZL opened at $204.72 on Wednesday. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. Sezzle has a 1-year low of $8.80 and a 1-year high of $235.96. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 29.20 and a beta of 8.49. The stock has a fifty day simple moving average of $171.27 and a 200 day simple moving average of $114.32.

Insiders Place Their Bets

In other Sezzle news, Director Paul Martin Purcell sold 500 shares of the firm’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $127.12, for a total transaction of $63,560.00. Following the completion of the sale, the director now directly owns 208,738 shares in the company, valued at approximately $26,534,774.56. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, COO Amin Sabzivand sold 1,500 shares of the firm’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $205.57, for a total transaction of $308,355.00. Following the completion of the sale, the chief operating officer now directly owns 46,860 shares of the company’s stock, valued at $9,633,010.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul Martin Purcell sold 500 shares of the firm’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $127.12, for a total value of $63,560.00. Following the sale, the director now directly owns 208,738 shares of the company’s stock, valued at $26,534,774.56. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 162,634 shares of company stock worth $22,376,737. 57.65% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. B. Riley increased their price target on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Finally, Northland Securities reiterated an “outperform” rating and issued a $185.00 price target (up previously from $150.00) on shares of Sezzle in a research report on Monday, September 23rd.

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.