NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis $28.44 +1.66 (+6.20%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$27.09▼$28.4650-Day Range$26.78▼$35.7652-Week Range$6.71▼$45.18Volume828,626 shsAverage Volume2.62 million shsMarket Capitalization$1.16 billionP/E Ratio11.07Dividend YieldN/APrice Target$52.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get GigaCloud Technology alerts: Email Address GigaCloud Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside82.8% Upside$52.00 Price TargetShort InterestBearish24.87% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 7 Articles This WeekInsider TradingSelling Shares$43.67 M Sold Last QuarterProj. Earnings Growth23.69%From $3.25 to $4.02 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.3.57 out of 5 starsBusiness Services Sector102nd out of 317 stocksCatalog & Mail-Order Houses Industry1st out of 2 stocks 3.5 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.Read more about GigaCloud Technology's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted24.87% 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 2.5, 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 16.15%, indicating that investor sentiment is decreasing 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 1.4 News and Social Media Coverage News SentimentGigaCloud Technology has a news sentiment score of 0.55. 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 7 news articles for GigaCloud Technology this week, compared to 7 articles on an average week.Search InterestOnly 58 people have searched for GCT on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat FollowsOnly 16 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% 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 $43,669,607.00 in company stock.Percentage Held by Insiders43.00% 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.Read more about GigaCloud Technology's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for GigaCloud Technology are expected to grow by 23.69% in the coming year, from $3.25 to $4.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GigaCloud Technology is 11.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 11.07, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 21.23.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 3.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about GigaCloud Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agency5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.Click here to pay just $5 for a full year of Stealth Trades 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 HeadlinesJuly 2, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) President Iman Aj Schrock Sells 5,000 SharesJune 29, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) Director Sells 93,211 Shares of StockJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.June 28, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) Director Sells $2,432,248.71 in StockJune 26, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) Director Frank Hurst Lin Sells 15,993 SharesJuly 26 at 12:02 AM | finance.yahoo.comGigaCloud Technology Inc. (GCT) Dips More Than Broader Market: What You Should KnowJuly 25 at 7:00 PM | ca.finance.yahoo.comGCT Oct 2024 25.000 putJuly 24 at 7:15 PM | finance.yahoo.comUnveiling 3 US Growth Companies With High Insider Ownership And Up To 15% Revenue GrowthJuly 26, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.July 22, 2024 | finance.yahoo.comUnveiling Three US Growth Companies With High Insider OwnershipJuly 18, 2024 | seekingalpha.comGigaCloud Technology: Capitalizing On Network Effects And Consumer TrendsJuly 18, 2024 | investorplace.comAlpha Picks: 3 Solid Stocks With 10X PotentialJuly 18, 2024 | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) Short Interest Up 7.1% in JuneJuly 17, 2024 | investorplace.com3 Growth Stocks That Could Be Multibaggers in the Making: July EditionJuly 16, 2024 | investorplace.com3 Global Stocks to Buy to Escape the Volatility on Wall StreetJuly 16, 2024 | investorplace.com7 Oversold Tech Stocks Primed to Quintuple by 2025July 15, 2024 | investorplace.com3 Stocks Poised to 10X in the Next 5 YearsJuly 11, 2024 | investorplace.comTop 3 Stocks to Buy Now for a 10X Return: July EditionSee 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 Earnings5/09/2024Today7/26/2024Next Earnings (Estimated)8/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Catalog & mail-order houses Sub-IndustryRetail Current SymbolNASDAQ:GCT CUSIPN/A CIK1857816 Webwww.gigacloudtech.com Phone852-2369-8219FaxN/AEmployees1,362Year FoundedN/APrice Target and Rating Average Stock Price Target$52.00 High Stock Price Target$69.00 Low Stock Price Target$35.00 Potential Upside/Downside+82.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio11.07 Forward P/E Ratio8.75 P/E GrowthN/ANet Income$94.11 million Net Margins12.74% Pretax Margin15.55% Return on Equity41.24% Return on Assets16.05% Debt Debt-to-Equity RatioN/A Current Ratio1.83 Quick Ratio1.09 Sales & Book Value Annual Sales$703.83 million Price / Sales1.65 Cash Flow$2.51 per share Price / Cash Flow11.35 Book Value$7.12 per share Price / Book3.99Miscellaneous Outstanding Shares40,800,000Free Float23,254,000Market Cap$1.16 billion OptionableNot Optionable Beta1.81 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 CompetitorsRush EnterprisesNASDAQ:RUSHBArhausNASDAQ:ARHSGrocery OutletNASDAQ:GOSavers Value VillageNYSE:SVVJumia TechnologiesNYSE:JMIAView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 65,738 shares on 7/26/2024Ownership: 0.161%Cambridge Investment Research Advisors Inc.Sold 1,001 shares on 7/26/2024Ownership: 0.086%Raymond James & AssociatesSold 12,290 shares on 7/19/2024Ownership: 0.277%Great Valley Advisor Group Inc.Bought 10,822 shares on 7/16/2024Ownership: 0.027%CWM LLCSold 1,409 shares on 7/10/2024Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions GCT Stock Analysis - Frequently Asked Questions How have GCT shares performed this year? GigaCloud Technology's stock was trading at $18.30 at the start of the year. Since then, GCT shares have increased by 55.4% and is now trading at $28.44. View the best growth stocks for 2024 here. How were GigaCloud Technology's earnings last quarter? GigaCloud Technology Inc. (NASDAQ:GCT) posted its earnings results on Thursday, May, 9th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.51 by $0.33. The company had revenue of $251.08 million for the quarter, compared to analysts' expectations of $235 million. GigaCloud Technology had a net margin of 12.74% and a trailing twelve-month return on equity of 41.24%. 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 $12.25 per share. Aegis Capital acted as the underwriter for the IPO. Who are GigaCloud Technology's major shareholders? Top institutional investors of GigaCloud Technology include Raymond James & Associates (0.28%), Bank of New York Mellon Corp (0.16%), Cambridge Investment Research Advisors Inc. (0.09%) and Csenge Advisory Group (0.05%). Insiders that own company stock include Frank Hurst Lin, Xin Wan, Xinyan Hao, Lei Wu, David Kwok Hei Lau and Iman Aj Schrock. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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