Sezzle (SEZL) to Release Quarterly Earnings on Thursday

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

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

Sezzle Stock Performance

Shares of NASDAQ:SEZL opened at $229.64 on Thursday. The firm has a market capitalization of $1.30 billion, a PE ratio of 100.72 and a beta of 8.93. Sezzle has a 12 month low of $8.60 and a 12 month high of $235.96. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07. The business has a 50-day moving average of $164.79 and a two-hundred day moving average of $109.83.

Analysts Set New Price Targets

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

Insider Activity

In related 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 sale, the chief operating officer now directly owns 46,860 shares in the company, valued at approximately $9,633,010.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Paul Paradis sold 1,645 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $102.89, for a total value of $169,254.05. Following the completion of the transaction, the director now directly owns 186,272 shares in the company, valued at approximately $19,165,526.08. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Amin Sabzivand sold 1,500 shares of the firm’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $205.57, for a total transaction of $308,355.00. Following the sale, the chief operating officer now directly owns 46,860 shares of the company’s stock, valued at approximately $9,633,010.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 164,279 shares of company stock worth $22,500,162. 57.65% of the stock is currently owned by corporate insiders.

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.