Growth Focus: Sezzle Inc. (SZL)

by Patrick Taylor

Date of Data Capture: 12/02/2021


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

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.


This report was produced by Taylor Securities Pty Ltd, which is a Corporate Authorised Representative (Number 414063) of Bespoke Portfolio Pty Ltd (AFSL 341991). Taylor Securities and Patrick Taylor (Representative number 414064) have made every effort to ensure that the information and material contained in this report is accurate and correct and has been obtained from reliable sources. However, no representation is made about the accuracy or completeness of the information and material and it should not be relied upon as a substitute for the exercise of independent judgment. Except to the extent required by law, Taylor Securities and Patrick Taylor does not accept any liability, including negligence, for any loss or damage arising from the use of, or reliance on, the material contained in this report. This report is for information purposes only and is not intended as an offer or solicitation with respect to the sale or purchase of any securities or financial products. The securities or financial products recommended by Taylor Securities and Patrick Taylor carry no guarantee with respect to return of capital or the market value of those securities or financial products. There are general risks associated with any investment in securities or financial products. Investors should be aware that these risks might result in loss of income and capital invested. Neither Taylor Securities and Patrick Taylor nor any of its associates guarantees the repayment of capital. WARNING: This report is intended to provide general financial product advice only. It has been prepared without having regarded to or taking into account any particular investor’s objectives, financial situation and/or needs. Accordingly, no recipients should rely on any recommendation (whether express or implied) contained in this document without obtaining specific advice from their advisers. All investors should therefore consider the appropriateness of the advice, in light of their own objectives, financial situation and/or needs, before acting on the advice. Where applicable, investors should obtain a copy of and consider the product disclosure statement for that product (if any) before making any decision.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?