NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free GCT Stock Alerts $37.35 -2.37 (-5.97%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$36.80▼$39.9050-Day Range$25.60▼$43.1552-Week Range$5.11▼$45.18Volume2.55 million shsAverage Volume2.84 million shsMarket Capitalization$1.52 billionP/E Ratio14.53Dividend 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/Downside6.3% Downside$35.00 Price TargetShort InterestBearish18.92% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.62Based on 26 Articles This WeekInsider TradingSelling Shares$28.68 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.1.81 out of 5 starsBusiness Services Sector233rd out of 315 stocksCatalog & Mail-Order Houses Industry8th out of 10 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.Read more about GigaCloud Technology's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted18.92% 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 1.1, 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 29.02%, 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 2.0 News and Social Media Coverage News SentimentGigaCloud Technology has a news sentiment score of 0.62. 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 26 news articles for GigaCloud Technology this week, compared to 5 articles on an average week.Search InterestOnly 74 people have searched for GCT on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat FollowsOnly 47 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -49% 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 $28,675,035.00 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 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 14.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.11.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 14.53, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 16.85.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 5.25. 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 Banyan Hill PublishingForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)Watch my video for all of the details 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 HeadlinesMay 10, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 62,000 SharesMay 8, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 44,000 Shares of StockMay 12, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. May 4, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,489,840.00 in StockApril 25, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,583,120.00 in StockApril 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 StockMay 12, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. April 14, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $31,860.00 in StockMay 12, 2024 | investorplace.com3 Game-Changing Stocks to Unlock Life-Changing WealthMay 11, 2024 | americanbankingnews.comLei Wu Sells 62,000 Shares of GigaCloud Technology Inc. (NASDAQ:GCT) StockMay 11, 2024 | fool.comIs Gigacloud Stock an Excellent Investment?May 10, 2024 | msn.comGigaCloud stock tumbles despite Q1 beat, upbeat revenue forecastMay 10, 2024 | finance.yahoo.comQ1 2024 GigaCloud Technology Inc Earnings CallMay 9, 2024 | finance.yahoo.comArgentina's YPF doubles first-quarter profitsMay 9, 2024 | seekingalpha.comGigaCloud Stock: It May Be Just The BeginningMay 9, 2024 | finance.yahoo.comZacks.com featured highlights include Option Care Health, Merchants, Teekay Tankers and GigaCloudMay 9, 2024 | globenewswire.comGigaCloud Technology Inc Announces First Quarter Ended March 31, 2024 Financial ResultsMay 8, 2024 | finance.yahoo.comDow Jones Futures: S&P 500 Holds, Toast Leads 5 New Buys; Robinhood, Arm Are Earnings Movers LateMay 8, 2024 | investorplace.com3 Momentum Stock Picks That Are Up 500%May 8, 2024 | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 44,000 SharesMay 8, 2024 | americanbankingnews.comGigaCloud Technology (GCT) Scheduled to Post Earnings on ThursdayMay 6, 2024 | finance.yahoo.comAI Powers This IBD 50 Logistics Leader; Sales Look To Soar 90%May 5, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Shares Up 8.1%May 5, 2024 | americanbankingnews.comLei Wu Sells 44,000 Shares of GigaCloud Technology Inc. (NASDAQ:GCT) StockMay 5, 2024 | seekingalpha.comGigaCloud Technology: The Show Must Go OnSee 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 Earnings5/09/2024Today5/12/2024Next Earnings (Estimated)8/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Catalog & mail-order houses Sub-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-6.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio14.53 Forward P/E Ratio12.53 P/E GrowthN/ANet Income$94.11 million Net Margins12.74% Pretax Margin16.34% Return on Equity43.60% Return on Assets18.46% Debt Debt-to-Equity RatioN/A Current Ratio1.91 Quick Ratio1.27 Sales & Book Value Annual Sales$703.83 million Price / Sales2.17 Cash Flow$2.38 per share Price / Cash Flow15.71 Book Value$7.12 per share Price / Book5.25Miscellaneous Outstanding Shares40,800,000Free Float23,254,000Market Cap$1.52 billion OptionableNot Optionable Beta1.99 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 CompetitorsDistribution Solutions GroupNASDAQ:DSGRZKH GroupNYSE:ZKHThe GEO GroupNYSE:GEOGDSNASDAQ:GDSIntegral Ad ScienceNASDAQ:IASView All CompetitorsInsiders & InstitutionsAcadian Asset Management LLCSold 884,432 shares on 5/10/2024Ownership: 0.931%Lei WuSold 62,000 sharesTotal: $2.40 M ($38.77/share)Thoroughbred Financial Services LLCBought 45,386 shares on 5/8/2024Ownership: 0.111%Avantax Advisory Services Inc.Bought 10,659 shares on 5/8/2024Ownership: 0.056%Empowered Funds LLCBought 12,278 shares on 5/7/2024Ownership: 0.401%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 brokers 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 predict the company's stock price to reach $35.00 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. 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 on January 1st, 2024. Since then, GCT stock has increased by 104.1% and is now trading at $37.35. 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 Tuesday, August 20th 2024. View our GCT earnings forecast. How were GigaCloud Technology's earnings last quarter? GigaCloud Technology Inc. (NASDAQ:GCT) released its earnings results on Thursday, May, 9th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.33. The firm had revenue of $251.08 million for the quarter, compared to analyst estimates of $235 million. GigaCloud Technology had a net margin of 12.74% and a trailing twelve-month return on equity of 43.60%. During the same quarter last year, the business posted $0.39 EPS. What ETFs hold GigaCloud Technology's stock? ETFs with the largest weight of GigaCloud Technology (NASDAQ:GCT) stock in their portfolio include Innovator IBD 50 ETF (FFTY) and Innovator IBD Breakout Opportunities ETF (BOUT).Global X E-Commerce ETF (EBIZ). What guidance has GigaCloud Technology issued on next quarter's earnings? GigaCloud Technology issued an update on its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $265.0 million-$280.0 million, compared to the consensus revenue estimate of $270.7 million. When did GigaCloud Technology IPO? GigaCloud Technology (GCT) raised $36 million in an IPO 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 shareholders include Acadian Asset Management LLC (0.93%), Empowered Funds LLC (0.40%), Simplex Trading LLC (0.00%), IMC Chicago LLC (0.00%), Thoroughbred Financial Services LLC (0.11%) and Nations Financial Group Inc. IA ADV (0.11%). 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 5/12/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe ONE AI Stock to own now. 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