NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis → The new financial threat that could wipe out millions… (From InvestorPlace) (Ad) Free GCT Stock Alerts $40.09 -1.02 (-2.48%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$36.90▼$41.0550-Day Range$25.60▼$43.1552-Week Range$5.00▼$45.18Volume2.77 million shsAverage Volume3.06 million shsMarket Capitalization$1.64 billionP/E Ratio17.43Dividend 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/Downside12.7% Downside$35.00 Price TargetShort InterestHealthy15.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.54Based on 20 Articles This WeekInsider TradingSelling Shares$26.27 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.2.74 out of 5 starsBusiness Services Sector182nd out of 313 stocksCatalog & Mail - Order Houses Industry14th 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.Read more about GigaCloud Technology's stock forecast and price target. 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 0.54. 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 0.36 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 20 news articles for GigaCloud Technology this week, compared to 5 articles on an average week.Search InterestOnly 71 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 58 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -35% 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 $26,271,295.00 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.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 17.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.02.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 17.43, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.06.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 5.63. 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 Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. 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 8, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 44,000 Shares of StockMay 4, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,489,840.00 in StockMay 8, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. April 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 StockApril 14, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $31,860.00 in StockMay 8, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. April 10, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 20,000 SharesMay 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 OnMay 4, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) & Beyond (NYSE:BYON) Financial SurveyMay 2, 2024 | markets.businessinsider.comGigaCloud Technology Inc. Gains As Market Dips: What You Should KnowMay 2, 2024 | finance.yahoo.comZacks.com featured highlights include GigaCloud, Dycom, HNI, and Strategic EducationMay 2, 2024 | globenewswire.comGigaCloud Technology Inc to Announce First Quarter 2024 Financial Results and Host Conference Call on May 9, 2024May 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 (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 23, 2024 | msn.comUp 600%, Is GigaCloud Technologies (NASDAQ:GCT) the Best Growth Stock Around?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 Earnings3/15/2024Today5/08/2024Next Earnings (Confirmed)5/09/2024Fiscal 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-12.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.30 Trailing P/E Ratio17.43 Forward P/E Ratio13.45 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 / Sales2.32 Cash Flow$2.56 per share Price / Cash Flow15.67 Book Value$7.12 per share Price / Book5.63Miscellaneous Outstanding Shares40,797,000Free Float23,254,000Market Cap$1.64 billion OptionableNot Optionable Beta1.99 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 & InstitutionsThoroughbred Financial Services LLCBought 45,386 shares on 5/8/2024Ownership: 0.111%Empowered Funds LLCBought 12,278 shares on 5/7/2024Ownership: 0.401%Sei Investments Co.Sold 11,400 shares on 5/7/2024Ownership: 0.056%Lei WuSold 44,000 sharesTotal: $1.77 M ($40.21/share)Csenge Advisory GroupBought 17,803 shares on 5/4/2024Ownership: 0.044%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 research analysts have issued twelve-month price objectives 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 12.7%. 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 119.1% and is now trading at $40.09. View the best growth stocks for 2024 here. Are investors shorting GigaCloud Technology? GigaCloud Technology saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 2,550,000 shares, a decline of 9.3% from the March 31st total of 2,810,000 shares. Based on an average daily trading volume, of 3,000,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 15.4% of the shares of the company 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 Thursday, May 9th 2024. View our GCT earnings forecast. How can I listen to GigaCloud Technology's earnings call? GigaCloud Technology will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were GigaCloud Technology's earnings last quarter? GigaCloud Technology Inc. (NASDAQ:GCT) posted its quarterly earnings results on Friday, March, 15th. The company reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.29. The firm had revenue of $244.74 million for the quarter, compared to analysts' expectations 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 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 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 on Thursday, August 18th 2022. The company issued 2,900,000 shares at $12.25 per share. Aegis Capital served as the underwriter for the IPO. Who are GigaCloud Technology's major shareholders? GigaCloud Technology's stock is owned by a number of institutional and retail investors. Top institutional investors include Empowered Funds LLC (0.40%), Simplex Trading LLC (0.00%), IMC Chicago LLC (0.00%), Thoroughbred Financial Services LLC (0.11%), Nations Financial Group Inc. IA ADV (0.11%) and Harbour Capital Advisors LLC (0.07%). 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 5/8/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsGold Set to EXPLODE!Gold Safe ExchangeShocking: One AI startup's revenue could surge 4,735%Manward PressThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsAI “wealth window” is closing June 25thParadigm PressRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldThe #1 lithium battery stock to have on your radar in 2024!Smallcaps Daily Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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