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NASDAQ:GCT

GigaCloud Technology (GCT) Stock Price, News & Analysis

GigaCloud Technology logo
$20.99 -0.20 (-0.94%)
As of 01/23/2025 04:00 PM Eastern

About GigaCloud Technology Stock (NASDAQ:GCT)

Key Stats

Today's Range
$20.80
$21.67
50-Day Range
$17.17
$25.50
52-Week Range
$15.61
$45.18
Volume
895,567 shs
Average Volume
1.02 million shs
Market Capitalization
$860.00 million
P/E Ratio
6.64
Dividend Yield
N/A
Price Target
$51.33
Consensus Rating
Buy

Company Overview

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.

GigaCloud Technology Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
82nd Percentile Overall Score

GCT MarketRank™: 

GigaCloud Technology scored higher than 82% of companies evaluated by MarketBeat, and ranked 57th out of 332 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    GigaCloud 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 Coverage

    GigaCloud Technology has received no research coverage in the past 90 days.

  • Read more about GigaCloud Technology's stock forecast and price target.
  • Earnings Growth

    Earnings for GigaCloud Technology are expected to grow by 9.03% in the coming year, from $3.10 to $3.38 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of GigaCloud Technology is 6.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.54.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of GigaCloud Technology is 6.64, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.64.

  • Price to Book Value per Share Ratio

    GigaCloud Technology has a P/B Ratio of 2.95. 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.
  • Percentage of Shares Shorted

    20.85% of the float of GigaCloud Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    GigaCloud Technology has a short interest ratio ("days to cover") of 4.2.
  • Change versus previous month

    Short interest in GigaCloud Technology has recently decreased by 4.19%, indicating that investor sentiment is improving.
  • Dividend Yield

    GigaCloud Technology does not currently pay a dividend.

  • Dividend Growth

    GigaCloud Technology does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    20.85% of the float of GigaCloud Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    GigaCloud Technology has a short interest ratio ("days to cover") of 4.2.
  • Change versus previous month

    Short interest in GigaCloud Technology has recently decreased by 4.19%, indicating that investor sentiment is improving.
  • News Sentiment

    GigaCloud Technology has a news sentiment score of 0.87. 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 0.64 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for GigaCloud Technology this week, compared to 8 articles on an average week.
  • Search Interest

    45 people have searched for GCT on MarketBeat in the last 30 days. This is an increase of 88% compared to the previous 30 days.
  • MarketBeat Follows

    23 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 28% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, GigaCloud Technology insiders have sold 69,881.42% more of their company's stock than they have bought. Specifically, they have bought $87,500.00 in company stock and sold $61,233,745.00 in company stock.

  • Percentage Held by Insiders

    43.00% 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 Institutions

    Only 34.94% of the stock of GigaCloud Technology is held by institutions.

  • Read more about GigaCloud Technology's insider trading history.
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GCT Stock News Headlines

GigaCloud Technology: Low P/E Ratios Make Perfect Sense
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GigaCloud Technology: Time To Double Down
GigaCloud Technology
See More Headlines

GCT Stock Analysis - Frequently Asked Questions

GigaCloud Technology's stock was trading at $18.52 at the beginning of the year. Since then, GCT stock has increased by 13.3% and is now trading at $20.99.
View the best growth stocks for 2025 here
.

GigaCloud Technology Inc. (NASDAQ:GCT) announced its quarterly earnings data on Tuesday, August, 6th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.32. The firm's revenue was up 102.8% on a year-over-year basis.

GigaCloud Technology (GCT) raised $36 million in an initial public offering 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.

Top institutional shareholders of GigaCloud Technology include Strategic Blueprint LLC (0.04%), Lake Hills Wealth Management LLC (0.04%), PFG Investments LLC (0.04%) and SG Americas Securities LLC (0.03%). Insiders that own company stock include Frank Hurst Lin, Xinyan Hao, Lei Wu, Marshall Bernes, David Kwok Hei Lau, Iman Aj Schrock and Xin Wan.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that GigaCloud Technology investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Super Micro Computer (SMCI), AppLovin (APP) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
8/06/2024
Today
1/23/2025
Next Earnings (Estimated)
3/21/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
Retail
Current Symbol
NASDAQ:GCT
Fax
N/A
Employees
1,362
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$51.33
High Stock Price Target
$69.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+144.6%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$94.11 million
Pretax Margin
13.79%

Debt

Sales & Book Value

Annual Sales
$703.83 million
Cash Flow
$2.42 per share
Book Value
$7.12 per share

Miscellaneous

Free Float
23,354,000
Market Cap
$859.96 million
Optionable
Not Optionable
Beta
1.92
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This page (NASDAQ:GCT) was last updated on 1/24/2025 by MarketBeat.com Staff
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