Sezzle (NASDAQ:SEZL) Releases FY 2024 Earnings Guidance

Sezzle (NASDAQ:SEZL) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 9.800- for the period, compared to the consensus estimate of 10.900. The company issued revenue guidance of $247.1 million-, compared to the consensus revenue estimate of $249.2 million.

Wall Street Analyst Weigh In

SEZL has been the subject of several recent analyst reports. B. Riley restated a “buy” rating and set a $372.00 target price (up previously from $353.00) on shares of Sezzle in a research note on Thursday, December 19th. Northland Securities boosted their price objective on shares of Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th.

Sezzle Stock Performance

Shares of SEZL stock opened at $262.51 on Friday. The stock’s 50-day moving average is $327.29 and its two-hundred day moving average is $204.76. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40. Sezzle has a 1 year low of $20.83 and a 1 year high of $477.52. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 27.93 and a beta of 9.72.

Insider Activity at Sezzle

In other Sezzle news, Director Paul Paradis sold 4,026 shares of Sezzle stock in a transaction on Monday, November 18th. The shares were sold at an average price of $400.00, for a total value of $1,610,400.00. Following the transaction, the director now directly owns 68,846 shares in the company, valued at approximately $27,538,400. The trade was a 5.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Paul Martin Purcell sold 1,280 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $376.26, for a total transaction of $481,612.80. Following the sale, the director now owns 81,496 shares of the company’s stock, valued at $30,663,684.96. This trade represents a 1.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,707 shares of company stock valued at $3,210,207 in the last three months. 57.65% of the stock is currently owned by company 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.