During the last session, GigaCloud Technology Inc (NASDAQ:GCT)’s traded shares were 0.76 million, with the beta value of the company hitting 2.38. At the end of the trading day, the stock’s price was $17.56, reflecting an intraday loss of -2.66% or -$0.48. The 52-week high for the GCT share is $34.28, that puts it down -95.22 from that peak though still a striking 36.39% gain since the share price plummeted to a 52-week low of $11.17. The company’s market capitalization is $609.35M, and the average trade volume was 1.04 million shares over the past three months.
GigaCloud Technology Inc (NASDAQ:GCT) trade information
GigaCloud Technology Inc (GCT) registered a -2.66% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.66% in intraday trading to $17.56, hitting a weekly high. The stock’s 5-day price performance is -6.20%, and it has moved by 40.03% in 30 days. Based on these gigs, the overall price performance for the year is -42.65%.
The consensus price target of analysts on Wall Street is $15, which implies a decrease of -17.07% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $15 and $15 respectively. As a result, GCT is trading at a premium of 14.58% off the target high and 14.58% off the low.
GigaCloud Technology Inc (GCT) estimates and forecasts
In the rating firms’ projections, revenue will increase 0.99% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 290.08M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 304.04M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 310.87M and 303.32M respectively. In this case, analysts expect current quarter sales to shrink by -6.69% and then jump by 0.24% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 160.76%. While earnings are projected to return -21.15% in 2025.
GCT Dividends
GigaCloud Technology Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 0.83 million shares, is of SUSQUEHANNA INTERNATIONAL GROUP, LLP’s that is approximately 2.0082% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $25.23 million.
Also, the Mutual Funds coming in first place with the largest holdings of GigaCloud Technology Inc (GCT) shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Mar 31, 2025 indicates that iShares Trust-iShares Russell 2000 ETF owns about 636.88 shares. This amounts to just over 2.12 percent of the company’s overall shares, with a $11.18 million market value. The same data shows that the other fund manager holds slightly less at 424.43, or about 1.42% of the stock, which is worth about $7.45 million.
