NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis $23.76 +2.02 (+9.29%) (As of 09/27/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get GigaCloud Technology alerts: Email Address About GigaCloud Technology Stock (NASDAQ:GCT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get GigaCloud Technology alerts:Sign Up Key Stats Today's Range$22.50▼$25.1250-Day Range$16.17▼$29.4352-Week Range$6.71▼$45.18Volume4.12 million shsAverage Volume2.36 million shsMarket Capitalization$969.34 millionP/E Ratio9.25Dividend YieldN/APrice Target$51.33Consensus RatingBuy Company OverviewGigaCloud 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… NOTICE: You have until Tuesday, November 19th (Ad)On Tuesday, November 19, 2024 smart investors will collect their share of a $1.2 billion windfall... It's part of a unique strategy which has nothing to do with risky investments like options, cryptos or forex. And while it might sound crazy...Click here for the ticker >>> GigaCloud Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks83rd Percentile Overall ScoreGCT MarketRank™: GigaCloud Technology scored higher than 83% of companies evaluated by MarketBeat, and ranked 63rd out of 353 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingBuy 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. Earnings and Valuation3.1 / 5Proj. Earnings Growth23.22% Earnings GrowthEarnings for GigaCloud Technology are expected to grow by 23.22% in the coming year, from $2.67 to $3.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GigaCloud Technology is 9.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.32.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 9.25, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 23.57.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 3.34. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted27.16% 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 4.3.Change versus previous monthShort interest in GigaCloud Technology has recently decreased by 0.17%, indicating that investor sentiment is improving. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldGigaCloud Technology does not currently pay a dividend.Dividend GrowthGigaCloud Technology does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted27.16% 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 4.3.Change versus previous monthShort interest in GigaCloud Technology has recently decreased by 0.17%, indicating that investor sentiment is improving. News and Social Media3.8 / 5News Sentiment0.79 News SentimentGigaCloud Technology has a news sentiment score of 0.79. 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 0.65 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 Interest60 people have searched for GCT on MarketBeat in the last 30 days. This is an increase of 43% compared to the previous 30 days.MarketBeat Follows14 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 27% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, GigaCloud Technology insiders have not sold or bought any 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. 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 GCT Stock News HeadlinesTop Stress-Free Stock Picks to Secure Your Portfolio This Fall (GCT)Beat the September slump and volatility surrounding the Fed's likely interest rate decision with a fast-growing B2B services firm and two blue chip stalwarts.September 10, 2024 | marketbeat.comDouble Macro Tailwinds May Stimulate GigaCloud Stock To New HighsSeptember 26 at 10:58 AM | seekingalpha.comWARNING: “Buffett Indicator” flashing for first time in 50 yearsThe stock market collapsed and didn't recover for an entire decade. And what we're facing today could be even worse. That's why the actions you take in the next 90 days could be crucial for your financial future.September 28, 2024 | Behind the Markets (Ad)GigaCloud: Time To Double DownSeptember 25 at 11:45 PM | seekingalpha.comGigaCloud Technology Inc. (GCT): Short Seller Sentiment Is Bearish On This Affordable Tech StockSeptember 25 at 5:38 PM | msn.comGigaCloud Technology (NASDAQ:GCT) Trading 5% Higher September 25 at 4:24 PM | americanbankingnews.com3 US Growth Stocks With High Insider Ownership And Up To 78% Earnings GrowthSeptember 24, 2024 | finance.yahoo.comGigaCloud Technology (NASDAQ:GCT) Stock Price Down 5.6%September 22, 2024 | americanbankingnews.comSee More Headlines GCT Stock Analysis - Frequently Asked Questions How have GCT shares performed this year? GigaCloud Technology's stock was trading at $18.30 at the beginning of the year. Since then, GCT stock has increased by 29.8% and is now trading at $23.76. View the best growth stocks for 2024 here. How were GigaCloud Technology's earnings last quarter? GigaCloud Technology Inc. (NASDAQ:GCT) announced 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 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 $12.25 per share. Aegis Capital acted as the underwriter for the IPO. Who are GigaCloud Technology's major shareholders? GigaCloud Technology's top institutional investors 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. Company Calendar Last Earnings8/06/2024Today9/28/2024Next 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+116.0%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio9.25 Forward P/E Ratio8.90 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 / Sales0.98 Cash Flow$3.15 per share Price / Cash Flow7.54 Book Value$7.12 per share Price / Book3.34Miscellaneous Outstanding Shares40,797,000Free Float23,254,000Market Cap$969.34 million OptionableNot Optionable Beta1.76 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 This page (NASDAQ:GCT) was last updated on 9/28/2024 by MarketBeat.com Staff From Our PartnersThe election trade you can't losePolitics is an unpredictable game. But no matter what happens in the next few months... There's one thin...Investors Alley | Sponsored10X More Profitable Than Physical Gold?The smart money is piling into gold and gold stocks. There's a backdoor gold play that could deliver 10 TIM...Monument Traders Alliance | SponsoredFed Triggers Boom: Buy this Play on Elon’s New AIHave you seen Elon Musk's new invention? I was already very bullish on this new type of AI. And now that...InvestorPlace | SponsoredBuffett Dumps $982 Million in BofA Stock—What Does He Know?Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track reco...Genesis Gold Group | SponsoredThe most serious warning of my careerWith the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the ...Porter & Company | SponsoredWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.Weiss Ratings | Sponsored50-Yr Wall Street Legend: “Sell this AI stock NOW”Nearly 1 million people around the world follow 50-year Wall Street veteran Marc Chaikin for his surprisingly ...Chaikin Analytics | SponsoredKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppe...Paradigm Press | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding GigaCloud Technology Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share GigaCloud Technology With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.