NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis → Exposed: 3 CENT Crypto to Explode June 24th? (From True Market Insiders) (Ad) Free GCT Stock Alerts $30.12 +0.69 (+2.34%) (As of 06/27/2024 ET) Add Compare Share Share Today's Range$29.14▼$30.3050-Day Range$29.33▼$41.1152-Week Range$6.70▼$45.18Volume997,710 shsAverage Volume2.83 million shsMarket Capitalization$1.23 billionP/E Ratio11.72Dividend 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/Downside72.6% Upside$52.00 Price TargetShort InterestHealthy20.51% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.41Based on 19 Articles This WeekInsider TradingSelling Shares$56.63 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.3.77 out of 5 starsBusiness Services Sector98th out of 300 stocksCatalog & Mail - Order Houses Industry8th out of 21 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 2 research reports in the past 90 days.Read more about GigaCloud Technology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted20.51% 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 1.6, 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 1.86%, indicating that investor sentiment is improving. 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 1.9 News and Social Media Coverage News SentimentGigaCloud Technology has a news sentiment score of 0.41. 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 lower news sentiment than the 0.95 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 19 news articles for GigaCloud Technology this week, compared to 7 articles on an average week.Search InterestOnly 72 people have searched for GCT on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.MarketBeat FollowsOnly 45 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% 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 $56,625,954.00 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 11.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.22.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 11.72, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.15.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 4.23. 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 True Market InsidersExposed: 3 CENT Crypto to Explode June 24th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…Click For My #1 FREE Crypto for 2024 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 HeadlinesJune 26 at 6:24 AM | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) Director Frank Hurst Lin Sells 15,993 SharesJune 18, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) Director Sells 87,045 Shares of StockJune 27, 2024 | True Market Insiders (Ad)Exposed: 3 CENT Crypto to Explode June 24th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…June 14, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) Director Sells $5,808,902.48 in StockMay 30, 2024 | marketbeat.comGigaCloud Technology Launches BaaS for B2B Marketplace PlatformGigaCloud Technology Inc. NASDAQ: GCT provides global end-to-end business-to-business (B2B) cross-border e-commerce solutions for large parcel merchandise. Its GigaCloud Marketplace platform enables product discovery to payments and logistics services connecting Asian manufacturers to resellers in the U.S., Europe and Asia.May 30, 2024 | marketbeat.comGigaCloud Technology Launches BaaS for B2B Marketplace PlatformGigaCloud Technology Inc. (NASDAQ: GCT) provides end-to-end business-to-business (B2B) cross-border e-commerce solutions for large parcel merchandise globally.June 26 at 4:29 PM | seekingalpha.comGigaCloud Technologies Stock: Dive In While You Can Before The Next Big SqueezeJune 26 at 6:15 AM | investorplace.com3 Tantalizing Tech Stocks Ready to Make Millionaires in 2026June 27, 2024 | True Market Insiders (Ad)Exposed: 3 CENT Crypto to Explode June 24th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…June 25 at 6:15 AM | investorplace.com3 Aggressive Growth Stocks for Daring Investors to Buy NowJune 24 at 11:31 AM | seekingalpha.comGigaCloud Technology: There's Money To Be MadeJune 23, 2024 | seekingalpha.comGigaCloud: Don't Be Fooled By The Short SellersJune 22, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Stock Price Down 1.4%June 20, 2024 | investorplace.com3 Sleeping Stocks Ready to Awake With a RoarJune 20, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Stock Price Down 1.8% After Insider SellingJune 19, 2024 | investorplace.com3 Once-in-a-Decade Stocks Set for Unstoppable GrowthJune 19, 2024 | 247wallst.comBest Growth Stocks to Buy: Super Micro Computer vs GigaCloud TechnologyJune 19, 2024 | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Stock Price Down 3.3% After Insider SellingJune 18, 2024 | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) Director Frank Hurst Lin Sells 87,045 Shares of StockJune 18, 2024 | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) Short Interest Up 18.5% in MayJune 12, 2024 | investorplace.comGrowth Gurus: 3 Stocks That Will Enlighten Your Path to ProfitabilityJune 12, 2024 | investorplace.com3 Tech Stock Innovators to Own Before They Take OffJune 12, 2024 | investorplace.com3 Tech Stock Innovators to Own Before They Take OffJune 11, 2024 | globenewswire.comGigaCloud Technology Inc Wins Stevie® Award for Achievement in GrowthJune 10, 2024 | benzinga.comWall Street Analysts See GigaCloud Technology Inc. as a Buy: Should You Invest?June 10, 2024 | investorplace.comFast Movers: 3 Stocks to Catch Before They SoarJune 7, 2024 | seekingalpha.comGigaCloud: Solid Upside LeftSee 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 Earnings5/09/2024Today6/27/2024Next 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$52.00 High Stock Price Target$69.00 Low Stock Price Target$35.00 Potential Upside/Downside+72.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio11.72 Forward P/E Ratio9.27 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 / Sales1.75 Cash Flow$2.44 per share Price / Cash Flow12.36 Book Value$7.12 per share Price / Book4.23Miscellaneous Outstanding Shares40,800,000Free Float23,254,000Market Cap$1.23 billion OptionableNot Optionable Beta1.87 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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 CompetitorsPC ConnectionNASDAQ:CNXNRevolve GroupNYSE:RVLVJumia TechnologiesNYSE:JMIABeyondNYSE:BYOND-Market Elektronik Hizmetler ve Ticaret A.S.NASDAQ:HEPSView All CompetitorsInsiders & InstitutionsFrank Hurst LinSold 81,537 sharesTotal: $2.43 M ($29.83/share)Frank Hurst LinSold 15,993 sharesTotal: $482,029.02 ($30.14/share)Frank Hurst LinSold 87,045 sharesTotal: $2.81 M ($32.23/share)Frank Hurst LinSold 175,178 sharesTotal: $5.81 M ($33.16/share)Tidal Investments LLCBought 64,800 shares on 5/17/2024Ownership: 0.159%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 year. 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 brokerages have issued 1-year price targets for GigaCloud Technology's stock. Their GCT share price targets range from $35.00 to $69.00. On average, they expect the company's stock price to reach $52.00 in the next twelve months. This suggests a possible upside of 72.6% from the stock's current price. 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 shares have increased by 64.6% and is now trading at $30.12. 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) announced its quarterly earnings data on Thursday, May, 9th. The company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.33. The company had revenue of $251.08 million for the quarter, compared to the consensus estimate of $235 million. GigaCloud Technology had a net margin of 12.74% and a trailing twelve-month return on equity of 41.24%. During the same period in the prior year, the firm earned $0.39 earnings per share. What ETFs hold GigaCloud Technology's stock? ETFs with the largest weight of GigaCloud Technology (NASDAQ:GCT) stock in their portfolio include Global X E-Commerce ETF (EBIZ).Direxion Daily AI and Big Data Bull 2X Shares (AIBU). What guidance has GigaCloud Technology issued on next quarter's earnings? GigaCloud Technology updated 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 initial public offering (IPO) 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 many different institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (0.93%), Empowered Funds LLC (0.40%), Simplex Trading LLC (0.00%), Quadrature Capital Ltd (0.25%), First Sabrepoint Capital Management LP (0.00%) and IMC Chicago LLC (0.00%). 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 6/27/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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