Sezzle (SEZL) to Release Earnings on Monday

Sezzle (NASDAQ:SEZL - Get Free Report) is anticipated to announce its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $3.08 per share and revenue of $73.90 million for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Sezzle Stock Down 6.8 %

Shares of NASDAQ SEZL traded down $22.33 during midday trading on Thursday, reaching $308.41. The company's stock had a trading volume of 196,551 shares, compared to its average volume of 138,620. Sezzle has a fifty-two week low of $38.22 and a fifty-two week high of $477.52. The stock has a 50 day simple moving average of $263.96 and a 200-day simple moving average of $235.70. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 32.81 and a beta of 9.56. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Northland Securities increased their price objective on shares of Sezzle from $300.00 to $360.00 and gave the stock an "outperform" rating in a research note on Thursday, December 19th. B. Riley reiterated a "buy" rating and set a $372.00 target price (up previously from $353.00) on shares of Sezzle in a report on Thursday, December 19th.

Insiders Place Their Bets

In other news, Director Paul Martin Purcell sold 2,401 shares of the firm's stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $465.72, for a total value of $1,118,193.72. Following the completion of the sale, the director now directly owns 58,275 shares of the company's stock, valued at $27,139,833. This trade represents a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Kyle M. Brehm bought 110 shares of Sezzle stock in a transaction dated Thursday, December 5th. The shares were acquired at an average price of $360.00 per share, with a total value of $39,600.00. Following the completion of the purchase, the director now directly owns 3,718 shares in the company, valued at $1,338,480. This trade represents a 3.05 % increase in their position. The disclosure for this purchase can be found here. Insiders own 57.65% 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.