NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free GCT Stock Alerts $35.76 -0.45 (-1.24%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$35.40▼$38.2250-Day Range$25.60▼$43.1552-Week Range$5.25▼$45.18Volume2.77 million shsAverage Volume3.04 million shsMarket Capitalization$1.46 billionP/E Ratio13.91Dividend YieldN/APrice Target$35.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get GigaCloud Technology alerts: Email Address GigaCloud Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside2.1% Downside$35.00 Price TargetShort InterestBearish18.92% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 32 Articles This WeekInsider TradingSelling Shares$47.80 M Sold Last QuarterProj. Earnings Growth34.90%From $2.98 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.1.76 out of 5 starsBusiness Services Sector227th out of 317 stocksCatalog & Mail - Order Houses Industry13th out of 18 stocks 1.5 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 1 research reports in the past 90 days.Read more about GigaCloud Technology's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted18.92% 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 1.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GigaCloud Technology has recently increased by 29.02%, 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 2.0 News and Social Media Coverage News SentimentGigaCloud Technology has a news sentiment score of 0.56. 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 32 news articles for GigaCloud Technology this week, compared to 6 articles on an average week.Search InterestOnly 77 people have searched for GCT on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.MarketBeat FollowsOnly 56 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% 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 $47,802,801.00 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 34.90% in the coming year, from $2.98 to $4.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GigaCloud Technology is 13.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.94.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 13.91, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 33.35.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 4.59. 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 Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. 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 HeadlinesMay 17 at 11:22 AM | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) Director Sells $3,416,347.08 in StockMay 16 at 12:45 PM | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 14,188 Shares of StockMay 15 at 6:32 AM | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) COO Xinyan Hao Sells 282,545 SharesMay 14, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 118,874 Shares of StockMay 10, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 62,000 SharesMay 8, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 44,000 Shares of StockMay 4, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,489,840.00 in StockApril 25, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,583,120.00 in StockApril 23, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $511,789.70 in StockApril 19, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells $1,522,840.00 in StockMay 18 at 5:32 AM | americanbankingnews.comFrank Hurst Lin Sells 92,886 Shares of GigaCloud Technology Inc. (NASDAQ:GCT) StockMay 18 at 1:48 AM | americanbankingnews.comQ2 2024 EPS Estimates for GigaCloud Technology Inc. Reduced by Roth Capital (NASDAQ:GCT)May 17 at 12:40 PM | benzinga.comMassive Insider Trade At GigaCloud TechMay 17 at 7:40 AM | finance.yahoo.com3 High Insider Ownership US Stocks With Up To 55% Revenue GrowthMay 17 at 3:44 AM | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) Expected to Post Q3 2024 Earnings of $0.86 Per ShareMay 16 at 4:38 PM | finance.yahoo.com3 Leading US Growth Companies With Insider Ownership Reaching 20%May 16 at 1:38 AM | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Shares Down 5% After Insider SellingMay 15 at 4:15 PM | finance.yahoo.comHigh Insider Ownership Growth Stocks On US Exchange For May 2024May 15 at 8:00 AM | investorplace.com3 Stocks That Can Turn $1,000 into $10,000 Faster Than You ThinkMay 14, 2024 | americanbankingnews.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 118,874 Shares of StockMay 13, 2024 | investorplace.comTriple Your Money: 3 Stocks with Potential for a 300% Increase by 2025May 12, 2024 | investorplace.com3 Game-Changing Stocks to Unlock Life-Changing WealthMay 11, 2024 | americanbankingnews.comLei Wu Sells 62,000 Shares of GigaCloud Technology Inc. (NASDAQ:GCT) StockMay 11, 2024 | fool.comIs Gigacloud Stock an Excellent Investment?May 10, 2024 | msn.comGigaCloud stock tumbles despite Q1 beat, upbeat revenue forecastSee 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 Earnings5/09/2024Today5/17/2024Next 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$35.00 High Stock Price Target$35.00 Low Stock Price Target$35.00 Potential Upside/Downside-2.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio13.91 Forward P/E Ratio12.00 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 Ratio1.27 Sales & Book Value Annual Sales$703.83 million Price / Sales2.07 Cash Flow$2.44 per share Price / Cash Flow14.66 Book Value$7.79 per share Price / Book4.59Miscellaneous Outstanding Shares40,800,000Free Float23,254,000Market Cap$1.46 billion OptionableNot Optionable Beta1.99 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 CompetitorsSterling CheckNASDAQ:STERIntegral Ad ScienceNASDAQ:IASZKH GroupNYSE:ZKHNV5 GlobalNASDAQ:NVEESteelcaseNYSE:SCSView All CompetitorsInsiders & InstitutionsTidal Investments LLCBought 64,800 shares on 5/17/2024Ownership: 0.159%Walleye Trading LLCBought 18,800 shares on 5/17/2024Ownership: 0.000%Lei WuSold 14,188 sharesTotal: $511,619.28 ($36.06/share)Quadrature Capital LtdSold 52,051 shares on 5/15/2024Ownership: 0.248%Truvestments Capital LLCBought 12,245 shares on 5/15/2024Ownership: 0.030%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 research analysts have issued "buy," "hold," and "sell" ratings for GigaCloud Technology in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 shares. Their GCT share price targets range from $35.00 to $35.00. On average, they expect the company's stock price to reach $35.00 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. 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 at the beginning of 2024. Since then, GCT shares have increased by 95.4% and is now trading at $35.76. 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) posted its earnings results on Thursday, May, 9th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.51 by $0.33. The business had revenue of $251.08 million for the quarter, compared to the consensus estimate of $235 million. GigaCloud Technology had a trailing twelve-month return on equity of 41.24% and a net margin of 12.74%. During the same quarter in the previous year, the business posted $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 Innovator IBD 50 ETF (FFTY), Innovator IBD Breakout Opportunities ETF (BOUT) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).Global X E-Commerce ETF (EBIZ). 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 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 stock is owned by a number of retail and institutional 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. 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