What is Roth Capital’s Estimate for GCT FY2027 Earnings?

GigaCloud Technology Inc. (NASDAQ:GCT) – Research analysts at Roth Capital issued their FY2027 earnings per share estimates for shares of GigaCloud Technology in a report released on Monday, November 17th. Roth Capital analyst M. Koranda expects that the company will earn $4.11 per share for the year. The consensus estimate for GigaCloud Technology’s current full-year earnings is $3.10 per share.

GigaCloud Technology (NASDAQ:GCT) last issued its earnings results on Thursday, November 6th. The company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.34. The business had revenue of $332.64 million during the quarter, compared to the consensus estimate of $300.96 million. GigaCloud Technology had a return on equity of 30.43% and a net margin of 10.62%.The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.15 earnings per share. GigaCloud Technology has set its Q4 2025 guidance at EPS.

GCT has been the subject of a number of other reports. Zacks Research cut shares of GigaCloud Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of GigaCloud Technology in a research report on Wednesday, October 8th. Lake Street Capital raised their target price on GigaCloud Technology from $26.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, Wall Street Zen raised GigaCloud Technology from a “hold” rating to a “buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, GigaCloud Technology has a consensus rating of “Hold” and a consensus target price of $24.00.

GigaCloud Technology Stock Up 5.2%

Shares of GCT stock opened at $31.44 on Tuesday. The firm has a 50 day moving average of $28.89 and a 200-day moving average of $24.28. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 9.41 and a beta of 2.35. GigaCloud Technology has a 52 week low of $11.17 and a 52 week high of $34.50.

GigaCloud Technology announced that its board has approved a share repurchase program on Monday, August 18th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

Insider Activity at GigaCloud Technology

In other news, CEO Lei Wu sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $28.52, for a total value of $2,852,000.00. Following the transaction, the chief executive officer owned 60,000 shares in the company, valued at $1,711,200. The trade was a 62.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Xinyan Hao sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $30.42, for a total value of $912,600.00. Following the completion of the transaction, the chief operating officer directly owned 596,805 shares of the company’s stock, valued at approximately $18,154,808.10. This represents a 4.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 250,681 shares of company stock worth $7,546,874. Insiders own 24.71% of the company’s stock.

Institutional Investors Weigh In On GigaCloud Technology

Several large investors have recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its holdings in shares of GigaCloud Technology by 184.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 908 shares of the company’s stock worth $27,000 after buying an additional 589 shares during the last quarter. Quarry LP bought a new stake in GigaCloud Technology in the third quarter worth about $29,000. Larson Financial Group LLC purchased a new position in GigaCloud Technology in the third quarter valued at about $30,000. Ameritas Advisory Services LLC bought a new position in shares of GigaCloud Technology during the 2nd quarter valued at approximately $35,000. Finally, CWM LLC increased its stake in shares of GigaCloud Technology by 319.8% during the 1st quarter. CWM LLC now owns 2,821 shares of the company’s stock worth $40,000 after purchasing an additional 2,149 shares during the last quarter. 34.94% of the stock is owned by hedge funds and other institutional investors.

GigaCloud Technology Company Profile

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.