NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis $24.55 +0.38 (+1.57%) (As of 10/28/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends 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$23.92▼$24.8150-Day Range$16.17▼$28.3352-Week Range$8.28▼$45.18Volume834,970 shsAverage Volume2.28 million shsMarket Capitalization$1.00 billionP/E Ratio8.86Dividend 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… top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (Ad)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… GigaCloud Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks72nd Percentile Overall ScoreGCT MarketRank™: GigaCloud Technology scored higher than 72% of companies evaluated by MarketBeat, and ranked 114th out of 343 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 1 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 8.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.78.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 8.86, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 43.88.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 3.45. 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 Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted32.37% 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 4.6.Change versus previous monthShort interest in GigaCloud Technology has recently increased by 0.87%, indicating that investor sentiment is decreasing. 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 Shorted32.37% 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 4.6.Change versus previous monthShort interest in GigaCloud Technology has recently increased by 0.87%, indicating that investor sentiment is decreasing. News and Social Media2.0 / 5News Sentiment0.55 News SentimentGigaCloud Technology has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for GigaCloud Technology this week, compared to 8 articles on an average week.Search InterestOnly 44 people have searched for GCT on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows18 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 HeadlinesGigaCloud's Expansion Sparks Concerns On ProfitabilityOctober 23, 2024 | seekingalpha.comGigaCloud Technology: Hand Over Fist, I'm Buying The PessimismOctober 22, 2024 | seekingalpha.comThe 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 financial world in two the moment the polls close. I predict they could see investment losses of 50% (or more) in the weeks following the presidential election. October 29, 2024 | Porter & Company (Ad)3 US Growth Companies Insiders Own With Up To 102% Earnings GrowthOctober 16, 2024 | finance.yahoo.com10 Stocks That Could 10X Over the Next 5 YearsOctober 14, 2024 | insidermonkey.comGigaCloud Stock: The Shorts Have This One WrongOctober 10, 2024 | seekingalpha.comIs Now An Opportune Moment To Examine GigaCloud Technology Inc. (NASDAQ:GCT)?October 10, 2024 | finance.yahoo.comGigaCloud Technology (GCT): A Cheap Software Stock To Invest In Right NowOctober 6, 2024 | msn.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 34.2% and is now trading at $24.55. View the best growth stocks for 2024 here. How were GigaCloud Technology's earnings last quarter? GigaCloud Technology Inc. (NASDAQ:GCT) posted its quarterly earnings data 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 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. Who are GigaCloud Technology's major shareholders? GigaCloud Technology's top institutional investors include WT Asset Management Ltd (0.30%), International Assets Investment Management LLC (0.12%), Strategic Blueprint LLC (0.07%) and Allspring Global Investments Holdings LLC (0.03%). 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. What other stocks do shareholders of GigaCloud Technology own? 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 Earnings8/06/2024Today10/28/2024Next 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+109.1%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio8.86 Forward P/E Ratio9.19 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 / Sales1.02 Cash Flow$2.18 per share Price / Cash Flow11.27 Book Value$7.12 per share Price / Book3.45Miscellaneous Outstanding Shares40,797,000Free Float23,577,000Market Cap$1.00 billion OptionableNot Optionable Beta1.77 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report This page (NASDAQ:GCT) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. 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