NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis $17.11 -1.35 (-7.31%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$17.08▼$18.5650-Day Range$17.11▼$32.1952-Week Range$6.71▼$45.18Volume1.43 million shsAverage Volume2.40 million shsMarket Capitalization$698.04 millionP/E Ratio6.66Dividend YieldN/APrice Target$51.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get GigaCloud Technology alerts: Email Address GigaCloud Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.25 Rating ScoreUpside/Downside200.0% Upside$51.33 Price TargetShort InterestBearish26.35% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.75Based on 10 Articles This WeekInsider TradingSelling Shares$14.44 M Sold Last QuarterProj. Earnings Growth22.89%From $2.84 to $3.49 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.3.70 out of 5 starsBusiness Services Sector77th out of 305 stocksCatalog & Mail - Order Houses Industry5th out of 24 stocks 3.6 Analyst's Opinion Consensus RatingGigaCloud Technology has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 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 1.0 Short Interest Percentage of Shares Shorted26.35% 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 4.Change versus previous monthShort interest in GigaCloud Technology has recently increased by 18.78%, 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 3.2 News and Social Media Coverage News SentimentGigaCloud Technology has a news sentiment score of 0.75. 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 0.54 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 10 news articles for GigaCloud Technology this week, compared to 8 articles on an average week.Search InterestOnly 34 people have searched for GCT on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat Follows16 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $14,444,329.00 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 22.89% in the coming year, from $2.84 to $3.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GigaCloud Technology is 6.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.94.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 6.66, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 23.31.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued 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 Weiss RatingsWhat is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …Find out details on these three critical Nvidia partners immediately. 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 HeadlinesSeptember 5 at 7:18 AM | baystreet.caStocks on Sale: ZScaler, GigaCloud, and MoreSeptember 3, 2024 | finance.yahoo.com3 US Growth Stocks With Up To 36% Insider OwnershipSeptember 8, 2024 | Weiss Ratings (Ad)What is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …September 3, 2024 | markets.businessinsider.comGigaCloud Technology Inc Announces $46 Million Share Repurchase ProgramSeptember 3, 2024 | finance.yahoo.comThree High Growth US Stocks With Significant Insider OwnershipSeptember 3, 2024 | markets.businessinsider.comGigaCloud Board Approves Share Repurchase Program - Quick FactsSeptember 2, 2024 | finance.yahoo.comUS Growth Companies With High Insider Ownership For September 2024September 2, 2024 | seekingalpha.comGigaCloud Technology: Why I'm Blowing Away The Short StormSeptember 8, 2024 | Weiss Ratings (Ad)What is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …August 31, 2024 | seekingalpha.comGigaCloud: Bullish Support Missing - High Growth Goes Unrewarded For Now (Downgrade)August 28, 2024 | seekingalpha.comGigaCloud Technology: Time To Admit My Mistake (Downgrade)August 25, 2024 | finance.yahoo.com3 US Growth Stocks With Up To 28% Insider OwnershipAugust 23, 2024 | seekingalpha.comGigaCloud: Now A Steal As Fears Likely PeakedAugust 21, 2024 | seekingalpha.comGigaCloud Technology Stock: Beyond The 'Short Noise,' 5x EBITDAAugust 21, 2024 | 247wallst.comPrediction: This Software Stock Will Be the Best Performer the Rest of 2024August 13, 2024 | investorplace.com3 Oversold Stocks to Buy on the Dip: August 2024August 13, 2024 | investorplace.com3 Dominant Stocks Set to Lead the Market in Late 2024August 13, 2024 | seekingalpha.comGigaCloud Technology: Strong Operating Results Vs. Potential Forensic Red FlagsSee 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 Earnings8/06/2024Today9/08/2024Next Earnings (Estimated)12/05/2024Fiscal 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$51.33 High Stock Price Target$69.00 Low Stock Price Target$35.00 Potential Upside/Downside+200.0%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio6.66 Forward P/E Ratio6.02 P/E GrowthN/ANet Income$94.11 million Net Margins11.57% Pretax Margin13.71% Return on Equity39.75% Return on Assets14.23% Debt Debt-to-Equity RatioN/A Current Ratio1.98 Quick Ratio1.19 Sales & Book Value Annual Sales$984.85 million Price / Sales0.71 Cash Flow$2.09 per share Price / Cash Flow8.17 Book Value$8.67 per share Price / Book1.97Miscellaneous Outstanding Shares40,797,000Free Float23,254,000Market Cap$698.04 million OptionableNot Optionable Beta1.76 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.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 CompetitorsSendas DistribuidoraNYSE:ASAIKrispy KremeNASDAQ:DNUTVictoria's Secret & Co.NYSE:VSCOCamping WorldNYSE:CWHGrocery OutletNASDAQ:GOView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 52,425 shares on 9/5/2024Ownership: 0.129%Susquehanna International Group LLPBought 176,900 shares on 8/16/2024Ownership: 0.000%Second Line Capital LLCBought 87,452 shares on 8/16/2024Ownership: 0.214%Invst LLCBought 11,208 shares on 8/16/2024Ownership: 0.027%The Manufacturers Life Insurance Company Bought 8,513 shares on 8/15/2024Ownership: 0.021%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 on January 1st, 2024. Since then, GCT stock has decreased by 6.5% and is now trading at $17.11. View the best growth stocks for 2024 here. How were GigaCloud Technology's earnings last quarter? GigaCloud Technology Inc. (NASDAQ:GCT) released its quarterly earnings results on Tuesday, August, 6th. The company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.32. GigaCloud Technology's revenue for the quarter was up 102.8% compared to the same quarter last year. 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? Top institutional shareholders of GigaCloud Technology include Susquehanna International Group LLP, Raymond James & Associates (0.28%), Kayne Anderson Rudnick Investment Management LLC (0.22%) and Aptus Capital Advisors LLC (0.21%). 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. 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