GigaCloud Technology Inc (NASDAQ:GCT) has a beta value of 2.24 and has seen 1.34 million shares traded in the recent trading session. The company, currently valued at $600.68M, closed the recent trade at $17.31 per share which meant it gained $1.41 on the day or 8.87% during that session. The GCT stock price is -123.45% off its 52-week high price of $38.68 and 35.47% above the 52-week low of $11.17.
GigaCloud Technology Inc (NASDAQ:GCT) trade information
Sporting 8.87% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GCT stock price touched $17.31 or saw a rise of 6.03%. Year-to-date, GigaCloud Technology Inc shares have moved -6.53%, while the 5-day performance has seen it change 25.75%. Over the past 30 days, the shares of GigaCloud Technology Inc (NASDAQ:GCT) have changed 47.95%.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could drop -15.4% from the levels at last check today.. The projected low price target is $15.0 while the price target rests at a high of $15.0. In that case, then, we find that the latest price level in today’s session is 13.34% off the targeted high while a plunge would see the stock lose 13.34% from the levels at last check today..
GigaCloud Technology Inc (GCT) estimates and forecasts
The company’s shares have lost -27.33% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 1.95%.
3 analysts offering their estimates for the company have set an average revenue estimate of 303.21M for the current quarter. 3 have an estimated revenue figure of 310.25M for the next ending quarter. Year-ago sales stood 310.87M and 303.32M respectively for this quarter and the next, and analysts expect sales will shrink by -2.46% for the current quarter and 1.95% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 160.76% over the past 5 years.
GCT Dividends
GigaCloud Technology Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
GigaCloud Technology Inc (NASDAQ:GCT)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 1.2 million shares worth more than $36.64 million. As of 2024-06-30, BLACKROCK INC. held 2.9169% of shares outstanding.
The other major institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, with the holding of over 0.83 million shares as of 2024-06-30. The firm’s total holdings are worth over $25.23 million and represent 2.0082% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 1.97% shares in the company for having 631.44 shares of worth $10.96 million while later fund manager owns 412.59 shares of worth $7.16 million as of Dec 31, 2024 , which makes it owner of about 1.29% of company’s outstanding stock.
