Growth Focus: Sezzle Inc. (SZL)

by Patrick Taylor



Date of Data Capture: 12/02/2021

Name: SEZZLE INC. (SZL)

Classification: Transaction & Payment Services

Current Price: $10.75

Market Capitalisation: $1.59 B

Forecast EBITDA Growth: 47.52%

Yield Estimate: 0.00%

Consensus Price Target: $11.29

# Covering Analysts: 3

Discount at Current Price: -4.67%

Price Target Trend (3-Month): Up-Flat +7.36%

Signal Timeframe: Quarterly-Monthly-Weekly

Trend Bias: Up-Flat / Long-Medium

Indicators:
Short-term: Positive-Neutral
Medium-term: Positive
Long-term: Positive

Recommendation: Buy
Focus: Capital Growth

Set up Notes:
• Payment services operator SZL has been running hot since breaking out of a major downtrend late-2020 and looks likely to move higher on strong performance and forecasting.
• Strong sales growth has been the main driver of gains since 2019 and this is expected to continue through to 2023, combining well with the company going cash flow positive this year.
• A very strong run throughout 2019 peaked mid-2020 with pricing consolidating over 50% before breaking linear resistance late 2020, and rallying up to major resistance at $10 – this ceiling broke just this week, setting up higher targets above.
Support ($): 10.50, 10.00, 9.00 & 8.00.
Resistance ($): 11.00, 11.50, 12.00 & clear.

Disclaimer

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