NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis → the most reliable asset on earth is making a comeback (From DTI) (Ad) Free GCT Stock Alerts $26.72 +0.56 (+2.14%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$26.62▼$28.8850-Day Range$19.90▼$43.1552-Week Range$4.93▼$45.18Volume2.63 million shsAverage Volume3.15 million shsMarket Capitalization$1.09 billionP/E Ratio11.62Dividend YieldN/APrice Target$18.00 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/Downside32.6% Downside$18.00 Price TargetShort InterestBearish14.83% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 22 Articles This WeekInsider TradingSelling Shares$4.16 M Sold Last QuarterProj. Earnings Growth21.97%From $2.23 to $2.72 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.2.15 out of 5 starsBusiness Services Sector195th out of 310 stocksCatalog & Mail - Order Houses Industry15th out of 27 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.00, GigaCloud Technology has a forecasted downside of 32.6% from its current price of $26.72.Amount of Analyst CoverageGigaCloud Technology has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted14.83% 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 increased by 2.77%, indicating that investor sentiment is decreasing. 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 3.1 News and Social Media Coverage News SentimentGigaCloud Technology has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 22 news articles for GigaCloud Technology this week, compared to 4 articles on an average week.Search Interest146 people have searched for GCT on MarketBeat in the last 30 days. This is an increase of 35% compared to the previous 30 days.MarketBeat Follows93 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 138% compared to the previous 30 days. Previous Next 2.5 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 $4,158,574.00 in company stock.Percentage Held by Insiders45.30% of the stock of GigaCloud Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.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 21.97% in the coming year, from $2.23 to $2.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GigaCloud Technology is 11.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.81.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 11.62, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 38.36.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 5.57. 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 Crypto Swap ProfitsGrab Your Free Bitcoin Today!And 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.>> Register right here About GigaCloud Technology Stock (NASDAQ:GCT)GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise. 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 founded in 2006 and is headquartered in Walnut, 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 HeadlinesMarch 24, 2024 | insidertrades.comFrank Hurst Lin Sells 133,097 Shares of GigaCloud Technology Inc. (NASDAQ:GCT) StockMarch 22, 2024 | insidertrades.comXinyan Hao Sells 1,088 Shares of GigaCloud Technology Inc. (NASDAQ:GCT) StockMarch 29, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And 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.March 22, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CFO David Kwok Hei Lau Sells 2,619 SharesMarch 28, 2024 | msn.comGCTS Stock: GCT Semiconductor Pops Nearly 600% in First Trading DayMarch 28, 2024 | americanbankingnews.comdELiA*s (OTCMKTS:DLIAQ) vs. GigaCloud Technology (NASDAQ:GCT) Financial ComparisonMarch 27, 2024 | globenewswire.comGigaCloud Technology Inc Files Annual Report on Form 10-K for Fiscal Year 2023March 24, 2024 | americanbankingnews.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) COO Sells $35,207.68 in StockMarch 29, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. March 24, 2024 | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) CFO Sells $79,879.50 in StockMarch 23, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Trading Down 5.4% After Insider SellingMarch 22, 2024 | investorplace.comComeback Heroes: Keep Your Eyes on These 3 High-Momentum StocksMarch 22, 2024 | fool.comShould Investors Buy GigaCloud Technology Stock Today?March 22, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Shares Gap Up to $29.52March 20, 2024 | seekingalpha.comGigaCloud Technology (GCT) Q4 2023 Earnings Call TranscriptMarch 20, 2024 | finance.yahoo.comGCT May 2024 30.000 callMarch 20, 2024 | msn.comGigaCloud Technology (NASDAQ:GCT) Stock Remains Volatile, Despite Impressive Q4March 18, 2024 | investorplace.com3 Bargain Stocks With the Potential to Turn $100 into $10KMarch 18, 2024 | msn.comWhat's Going On With GigaCloud Technology Stock Today?March 15, 2024 | fool.comWhy GigaCloud Technology Zoomed 23% Higher TodayMarch 15, 2024 | msn.comOptions Volatility and Implied Earnings Moves Today, March 15, 2024March 15, 2024 | benzinga.comWhy GigaCloud Technology Shares Are Surging TodayMarch 15, 2024 | finance.yahoo.comGigaCloud Technology Inc (GCT) Reports Record Revenue and Profit Growth in Q4 and Full Year 2023March 15, 2024 | finance.yahoo.comGigaCloud Earnings, Revenue Easily Beat Views. Shares Jump.March 15, 2024 | globenewswire.comGigaCloud Technology Inc Announces Fourth Quarter 2023 and Year Ended December 31, 2023 Financial ResultsMarch 14, 2024 | benzinga.comGigaCloud Tech Earnings PreviewMarch 13, 2024 | investorplace.com3 Small-Cap Wonders Set to Deliver Monumental Returns by 2026See 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 Earnings8/15/2023Today3/28/2024Next 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/AEmployees764Year FoundedN/APrice Target and Rating Average Stock Price Target$18.00 High Stock Price Target$18.00 Low Stock Price Target$18.00 Potential Upside/Downside-32.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.30 Trailing P/E Ratio11.62 Forward P/E Ratio11.98 P/E GrowthN/ANet Income$94.11 million Net Margins13.37% Pretax MarginN/A Return on Equity38.79% Return on Assets19.11% Debt Debt-to-Equity RatioN/A Current Ratio2.43 Quick Ratio1.84 Sales & Book Value Annual Sales$703.83 million Price / Sales1.54 Cash Flow$0.65 per share Price / Cash Flow41.07 Book Value$4.80 per share Price / Book5.57Miscellaneous Outstanding Shares40,690,000Free Float22,255,000Market Cap$1.09 billion OptionableNot Optionable Beta2.40 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 CompetitorsTDCXNYSE:TDCXSelect Water SolutionsNYSE:WTTRCRA InternationalNASDAQ:CRAICricutNASDAQ:CRCTRepayNASDAQ:RPAYView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 54,181 shares on 3/27/2024Ownership: 0.133%Quadrature Capital LtdBought 153,065 shares on 3/25/2024Ownership: 0.376%Frank Hurst LinSold 133,097 sharesTotal: $4.04 M ($30.38/share)Xinyan HaoSold 1,088 sharesTotal: $35,207.68 ($32.36/share)David Kwok Hei LauSold 2,619 sharesTotal: $79,879.50 ($30.50/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 equities research 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 equities research 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 brokers have issued 1 year price objectives for GigaCloud Technology's shares. Their GCT share price targets range from $18.00 to $18.00. On average, they predict the company's stock price to reach $18.00 in the next twelve months. This suggests that the stock has a possible downside of 32.6%. 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 beginning of the year. Since then, GCT shares have increased by 46.0% and is now trading at $26.72. View the best growth stocks for 2024 here. 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) issued its quarterly earnings data on Tuesday, August, 15th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.37 by $0.08. The company earned $153.13 million during the quarter, compared to analysts' expectations of $141.30 million. GigaCloud Technology had a trailing twelve-month return on equity of 38.79% and a net margin of 13.37%. During the same quarter in the prior year, the firm earned $0.15 EPS. What guidance has GigaCloud Technology issued on next quarter's earnings? GigaCloud Technology issued an update on its first quarter 2024 earnings guidance on Friday, March, 15th. The company provided earnings per share (EPS) 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 on Thursday, August 18th 2022. The company issued 2,900,000 shares at a price of $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 many different institutional and retail investors. Top institutional investors include Bridgeway Capital Management LLC (0.81%), Verition Fund Management LLC (0.62%), Quadrature Capital Ltd (0.38%), Quadrature Capital Ltd (0.38%), Pacific Ridge Capital Partners LLC (0.21%) and Simplex Trading LLC (0.00%). Insiders that own company stock include David Kwok Hei Lau, Frank Hurst Lin 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 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the MarketsBill Gates is all about this tiny $2 stockTimothy Sykes Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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