NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis → 😱 This phenomenon is smashing regular market gains (From MillPub) (Ad) Free GCT Stock Alerts $31.98 +0.19 (+0.60%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$30.76▼$32.6850-Day Range$25.60▼$43.1552-Week Range$4.97▼$45.18Volume1.80 million shsAverage Volume3.07 million shsMarket Capitalization$1.30 billionP/E Ratio13.90Dividend YieldN/APrice Target$35.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get GigaCloud Technology alerts: Email Address GigaCloud Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside9.4% Upside$35.00 Price TargetShort InterestHealthy15.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.51Based on 18 Articles This WeekInsider TradingSelling Shares$23.01 M Sold Last QuarterProj. Earnings Growth22.15%From $2.98 to $3.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.14 out of 5 starsBusiness Services Sector119th out of 303 stocksCatalog & Mail - Order Houses Industry12th out of 25 stocks 1.5 Analyst's Opinion Consensus RatingGigaCloud Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageGigaCloud Technology has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted15.36% of the float of GigaCloud Technology has been sold short.Short Interest Ratio / Days to CoverGigaCloud Technology has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GigaCloud Technology has recently decreased by 9.25%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldGigaCloud Technology does not currently pay a dividend.Dividend GrowthGigaCloud Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GCT. Previous Next 2.5 News and Social Media Coverage News SentimentGigaCloud Technology has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 18 news articles for GigaCloud Technology this week, compared to 5 articles on an average week.Search InterestOnly 76 people have searched for GCT on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.MarketBeat FollowsOnly 61 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -28% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, GigaCloud Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,012,215.00 in company stock.Percentage Held by InstitutionsOnly 34.94% of the stock of GigaCloud Technology is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for GigaCloud Technology are expected to grow by 22.15% in the coming year, from $2.98 to $3.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GigaCloud Technology is 13.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.34.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 13.90, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 36.89.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 4.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe biggest energy story ever? Discover why I’m calling this one of the biggest developments in the global energy market since the shale revolution… why everything you’ve ever been told about Trump’s environmental record is a lie…For the full story, click here. About GigaCloud Technology Stock (NASDAQ:GCT)GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories. The company was formerly known as Oriental Standard Human Resources Holdings Limited and changed its name to GigaCloud Technology Inc. in February 2021. GigaCloud Technology Inc. was incorporated in 2006 and is headquartered in El Monte, California.Read More GCT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GCT Stock News HeadlinesApril 30, 2024 | insidertrades.comLei Wu Sells 44,000 Shares of GigaCloud Technology Inc. (NASDAQ:GCT) StockApril 25, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,583,120.00 in StockMay 2, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.April 23, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $511,789.70 in StockApril 19, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,522,840.00 in StockApril 18, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $32,230.00 in StockApril 14, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $31,860.00 in StockApril 10, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 20,000 SharesMay 2, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.April 6, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 20,000 Shares of StockApril 3, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CTO Sells $4,089,000.00 in StockMay 1, 2024 | investorplace.com3 High-Risk, High-Reward Stocks With the Potential to Make You an Overnight MillionaireApril 30, 2024 | globenewswire.comGigaCloud Technology Inc Expands Global Fulfillment Network to Support Continued Growth of Its B2B MarketplaceApril 30, 2024 | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 44,000 SharesApril 30, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Shares Down 3.8% on Insider SellingApril 28, 2024 | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,607,760.00 in StockApril 26, 2024 | investorplace.com3 Small-Cap Stocks Ready to Explode in the Next Market UpturnApril 25, 2024 | finance.yahoo.comGigaCloud Technology Inc. (GCT) Gains As Market Dips: What You Should KnowApril 24, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Stock Price Down 3.5% After Insider SellingApril 23, 2024 | msn.comUp 600%, Is GigaCloud Technologies (NASDAQ:GCT) the Best Growth Stock Around?April 23, 2024 | investorplace.comDon't Miss the Boat! 7 Stocks That Can Change Your Life by 2030April 20, 2024 | investorplace.comScore 100% Profits With These 3 Momentum StocksApril 19, 2024 | finance.yahoo.comZacks.com featured highlights H&E Equipment Services, HNI, GigaCloud and Betterware de MexicoApril 18, 2024 | benzinga.comA Closer Look at GigaCloud Tech's Options Market DynamicsApril 18, 2024 | msn.comGigaCloud Technology (GCT) Price Target Increased by 14.08% to 41.31April 17, 2024 | finance.yahoo.comGigaCloud Technology Inc. (GCT) Stock Moves -0.37%: What You Should KnowApril 17, 2024 | seekingalpha.comGigaCloud Technology: Strong Buy Stock Is The Real Deal (SA Quant)See More Headlines Receive GCT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GigaCloud Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/15/2024Today5/02/2024Next Earnings (Estimated)5/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Catalog & mail - order houses Sub-IndustryN/A Current SymbolNASDAQ:GCT CUSIPN/A CIK1857816 Webwww.gigacloudtech.com Phone852-2369-8219FaxN/AEmployees1,362Year FoundedN/APrice Target and Rating Average Stock Price Target$35.00 High Stock Price Target$35.00 Low Stock Price Target$35.00 Potential Upside/Downside+9.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.30 Trailing P/E Ratio13.90 Forward P/E Ratio10.73 P/E GrowthN/ANet Income$94.11 million Net Margins13.37% Pretax Margin16.34% Return on Equity36.40% Return on Assets15.41% Debt Debt-to-Equity RatioN/A Current Ratio1.91 Quick Ratio1.27 Sales & Book Value Annual Sales$703.83 million Price / Sales1.85 Cash Flow$2.24 per share Price / Cash Flow14.26 Book Value$7.14 per share Price / Book4.48Miscellaneous Outstanding Shares40,690,000Free FloatN/AMarket Cap$1.30 billion OptionableNot Optionable Beta2.26 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Lei Wu (Age 51)Founder, Chairman & CEO Mr. Iman Schrock (Age 39)President Mr. Kwok Hei Lau (Age 39)Chief Financial Officer Mr. Xin Wan (Age 45)Chief Technology Officer Ms. Zoe WongGeneral CounselKey CompetitorsMeridianLinkNYSE:MLNKMontrose Environmental GroupNYSE:MEGMediaAlphaNYSE:MAXOpendoor TechnologiesNASDAQ:OPENAdvantage SolutionsNASDAQ:ADVView All CompetitorsInsiders & InstitutionsJanney Montgomery Scott LLCBought 22,402 shares on 5/1/2024Ownership: 0.055%Lei WuSold 44,000 sharesTotal: $1.40 M ($31.87/share)Lei WuSold 44,000 sharesTotal: $1.58 M ($35.89/share)Simplex Trading LLCBought 63,600 shares on 4/25/2024Ownership: 0.000%Lei WuSold 44,000 sharesTotal: $1.61 M ($36.54/share)View All Insider TransactionsView All Institutional Transactions GCT Stock Analysis - Frequently Asked Questions Should I buy or sell GigaCloud Technology stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GigaCloud Technology in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GCT shares. View GCT analyst ratings or view top-rated stocks. What is GigaCloud Technology's stock price target for 2024? 2 Wall Street analysts have issued 1 year target prices for GigaCloud Technology's shares. Their GCT share price targets range from $35.00 to $35.00. On average, they anticipate the company's share price to reach $35.00 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View analysts price targets for GCT or view top-rated stocks among Wall Street analysts. How have GCT shares performed in 2024? GigaCloud Technology's stock was trading at $18.30 at the start of the year. Since then, GCT stock has increased by 74.8% and is now trading at $31.98. View the best growth stocks for 2024 here. Are investors shorting GigaCloud Technology? GigaCloud Technology saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 2,550,000 shares, a drop of 9.3% from the March 31st total of 2,810,000 shares. Based on an average daily volume of 3,000,000 shares, the short-interest ratio is presently 0.9 days. Currently, 15.4% of the shares of the stock are short sold. View GigaCloud Technology's Short Interest. When is GigaCloud Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024. View our GCT earnings forecast. How were GigaCloud Technology's earnings last quarter? GigaCloud Technology Inc. (NASDAQ:GCT) announced its quarterly earnings data on Friday, March, 15th. The company reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.29. The company earned $244.74 million during the quarter, compared to the consensus estimate of $220.30 million. GigaCloud Technology had a trailing twelve-month return on equity of 36.40% and a net margin of 13.37%. What ETFs hold GigaCloud Technology's stock? ETFs with the largest weight of GigaCloud Technology (NASDAQ:GCT) stock in their portfolio include Global X E-Commerce ETF (EBIZ).Barrons 400 ETF (BFOR). What guidance has GigaCloud Technology issued on next quarter's earnings? GigaCloud Technology updated its first quarter 2024 earnings guidance on Friday, March, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $230.0 million-$240.0 million, compared to the consensus revenue estimate of $210.2 million. When did GigaCloud Technology IPO? GigaCloud Technology (GCT) raised $36 million in an initial public offering (IPO) on Thursday, August 18th 2022. The company issued 2,900,000 shares at $12.25 per share. Aegis Capital acted as the underwriter for the IPO. Who are GigaCloud Technology's major shareholders? GigaCloud Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Simplex Trading LLC (0.00%), IMC Chicago LLC (0.00%), Nations Financial Group Inc. IA ADV (0.11%), Harbour Capital Advisors LLC (0.07%), Janney Montgomery Scott LLC (0.06%) and SeaCrest Wealth Management LLC (0.04%). Insiders that own company stock include David Kwok Hei Lau, Frank Hurst Lin, Lei Wu, Xin Wan and Xinyan Hao. View institutional ownership trends. How do I buy shares of GigaCloud Technology? Shares of GCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GCT) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersHave You Seen Elon’s New A.I. Device? 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