Sezzle (SEZL)

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Sezzle Inc. (SEZL) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-11-12 18:05
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Sezzle Inc. (SEZL) currently holding a Momentum Style Score of A [2][3] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market [3] Group 2: Sezzle Inc. Performance Metrics - SEZL shares have increased by 102.57% over the past week, significantly outperforming the Zacks Financial Transaction Services industry, which rose by 5.09% [5] - Over the past quarter, SEZL shares have surged by 228.65%, and over the last year, they have skyrocketed by 3968.67%, while the S&P 500 only increased by 12.69% and 37.58% respectively [6] - The average 20-day trading volume for SEZL is 129,607 shares, indicating a bullish trend when combined with rising stock prices [7] Group 3: Earnings Outlook - Recent earnings estimate revisions for SEZL show one upward revision and no downward revisions for the current fiscal year, raising the consensus estimate from $6.71 to $9.78 [9] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating positive sentiment [9] - These factors contribute to SEZL being rated as a 1 (Strong Buy) stock with a Momentum Score of A, suggesting it is a promising near-term investment [9]
Backcountry Chooses Sezzle for Flexible, Accessible Payment Solutions
GlobeNewswire News Room· 2024-11-11 14:02
Minneapolis, MN, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // - Sezzle, a leader in the Buy Now, Pay Later (BNPL) industry, today announced a new partnership with Backcountry, the premier online outdoor retailer. Customers will soon be able to take advantage of Sezzle flexible financing, across all of Backcountry's online and in-store brands, including Steep & Cheap, Competitive Cyclist, and MotoSport. Backcountry’s decision to switch from a competing BNPL provider to S ...
Sezzle (SEZL) - 2024 Q3 - Earnings Call Transcript
2024-11-09 11:53
Financial Data and Key Metrics Changes - Q3 2024 revenue increased by 71.3% year-over-year, driven by higher consumer purchase frequency and subscriber growth [6][32] - Net income for the quarter was $15.4 million, with an adjusted net income of $17.3 million, marking a new quarterly high and a net income margin of 22.1% and an adjusted net income margin of 24.7% [7][32] - The company achieved a score of 151 on its own rule of 100, with 71% revenue growth, 55% gross margin, and 25% adjusted net income margin [8][44] Business Line Data and Key Metrics Changes - Subscription revenue rose by 167%, contributing significantly to overall revenue growth, with the subscriber count reaching 529,000, an increase of 67,000 from the previous quarter [6][34] - The company reported a 41% increase in UMS (Underlying Merchant Sales) [32] Market Data and Key Metrics Changes - The company is outpacing the buy now pay later industry, which is expected to grow at 20% year-on-year, with Sezzle achieving 71% revenue growth [64] Company Strategy and Development Direction - The launch of a banking program with WebBank is expected to simplify operations and enhance profitability by standardizing regulatory procedures across the U.S. [16][17] - The introduction of the On-Demand product aims to increase consumer activation and lifetime value, serving as a bridge to subscription services [19][25] - The company is focusing on enhancing shopping features in the app while not neglecting financial services [55][56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing strong performance and market share gains despite a competitive environment [64][66] - The company is optimistic about future growth opportunities, particularly in the buy now pay later sector, and plans to continue focusing on quality growth rather than growth at any cost [68][69] Other Important Information - The company completed a $15 million stock buyback plan during Q3, with over $80 million in unrestricted cash available [45][46] - A universal shelf registration will be filed with the SEC for future capital management, although there are no immediate plans to raise capital [46] Q&A Session Summary Question: Insights on the bank partnership and On-Demand product - Management noted that the partnership with WebBank has simplified operations and improved profitability, with On-Demand showing a 30% increase in activations [50][52] Question: Clarification on 2024 guidance - The adjusted earnings guidance for 2024 excludes discrete tax items, with a focus on providing a more meaningful number for investors [60][61] Question: Future growth outlook - Management believes the buy now pay later sector will grow, and Sezzle aims to gain market share through strong strategies [64][66] Question: Consumer usage frequency and seasonality - Increased utilization from existing customers is attributed to better product offerings, with management noting a seasonal pattern where Q4 sees increased spending followed by a dip in Q1 [70][73]
S&P 500 Tops 6,000; Sezzle Shares Spike Higher
Benzinga· 2024-11-08 19:34
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.6% on Friday.The Dow traded up 0.83% to 44,092.10 while the NASDAQ rose 0.20% to 19,308.79. The S&P 500 also rose, gaining, 0.60% to 6,009.11.Check This Out: How To Earn $500 A Month From Nvidia Stock After Trump WinLeading and Lagging SectorsConsumer staples shares surged by 1.8% on Friday.In trading on Friday, materials shares fell by 1%.Top HeadlineThe total number of active U.S. oil rigs came in unchanged at 479 rigs ...
Sezzle Inc. (SEZL) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-08 01:56
Core Viewpoint - Sezzle Inc. reported strong quarterly earnings of $2.92 per share, significantly exceeding the Zacks Consensus Estimate of $0.89 per share, marking an earnings surprise of 228.09% [1][2] Financial Performance - The company achieved revenues of $69.96 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 32.91%, compared to $40.84 million in the same quarter last year [2] - Over the last four quarters, Sezzle has exceeded consensus EPS estimates two times and topped revenue estimates twice [2] Stock Performance - Sezzle Inc. shares have increased approximately 1079.5% since the beginning of the year, outperforming the S&P 500's gain of 24.3% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $2.21 for the coming quarter and $6.71 for the current fiscal year, alongside revenues of $65.18 million and $220.79 million respectively [7] - The estimate revisions trend for Sezzle Inc. is favorable, currently holding a Zacks Rank 1 (Strong Buy), indicating expected outperformance in the near future [6] Industry Context - The Financial Transaction Services industry, to which Sezzle belongs, is currently ranked in the top 31% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]
Sezzle (SEZL) - 2024 Q3 - Quarterly Report
2024-11-07 22:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-41781 SEZZLE INC. (Exact name of registrant as specified in its charter) Delaware 81-0971660 (State or other jurisdiction of ...
Sezzle Partners with Shoplazza to Offer Flexible Payment Options to Merchants
GlobeNewswire News Room· 2024-10-24 12:37
Core Insights - Sezzle Inc. has announced a partnership with Shoplazza to provide flexible payment options for e-commerce merchants in the US, enhancing customer shopping experiences and driving business growth [1][3]. Group 1: Partnership Overview - The collaboration will enable thousands of Shoplazza merchants to offer Sezzle's Buy Now, Pay Later (BNPL) service, which includes Pay in 4 and Pay in 2 loans issued by WebBank [1]. - This partnership aims to make e-commerce more inclusive and accessible, allowing consumers to make purchases without immediate financial strain [3]. Group 2: Benefits of Sezzle - **Driving Incremental Sales**: Sezzle's BNPL option allows consumers to make responsible purchasing decisions by paying in manageable installments, potentially leading to higher sales volume [2]. - **Increasing Average Order Value (AOV)**: The financial flexibility provided by Sezzle can lead to increased spending per transaction, enhancing the shopping experience for customers [2]. - **Boosting Cart Conversion Rates**: By offering BNPL options, merchants can reduce cart abandonment rates, encouraging customers who may hesitate due to budget constraints to complete their purchases [2]. - **Building Customer Loyalty**: Flexible payment solutions foster trust and loyalty among customers, leading to repeat business and long-term relationships [2]. - **Enabling Credit Building**: Sezzle's opt-in credit reporting feature, Sezzle Up, allows consumers to manage their finances while potentially improving their credit performance [2]. Group 3: Company Profiles - **Sezzle Inc.**: A fintech company focused on empowering consumers through interest-free installment plans, promoting responsible spending and financial freedom [5]. - **Shoplazza**: An e-commerce platform that enhances operational efficiency and customer engagement through AI-powered tools and integrated solutions, helping businesses thrive in the digital economy [5].
Sezzle to Announce Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-17 18:28
Minneapolis, MN, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, will release its third quarter 2024 results after the market close on November 07, 2024. The Company will host a conference call at 5:00pm ET that same day. Participants can register for the conference call by navigating to: https://dpregister.com/sreg/10193861/fdcca5b749 Please note that registered participants will receive their dial-in number upon registrati ...
Recent Price Trend in Sezzle Inc. (SEZL) is Your Friend, Here's Why
ZACKS· 2024-10-16 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...
Sezzle Stock: This FinTech Up 1,200% Deserves A Closer Look
Seeking Alpha· 2024-09-30 14:06
Sezzle Inc. (NASDAQ: SEZL ) has quietly emerged as one of the market's biggest winners with a spectacular 1,200% rally over the past year. The "buy-now-pay-later" fintech disruptor is posting very impressive growth and earnings momentum in what has been a breakout year Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opin ...