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GigaCloud Technology Inc. (GCT-Q)
NASDAQ:GCT
20.72
0.98
(4.96%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 7 opinions in the last 12 months.
GigaCloud Technology Inc. has been a focal point for stock analysts, with its performance generating mixed sentiment. Recent reviews indicate a significant drop from previous highs, triggering stop losses as the stock is advised to be covered around $18. Despite these fluctuations, experts highlight the company's strong financials, including a notable 68% increase in net earnings and a solid Return on Equity (ROE) of about 39%. The company has successfully managed debt and increased cash reserves, contributing to its position as a competitive player in the logistics sector for larger products. Nevertheless, concerns linger over high short interest, volatility, and the substantial gains the stock has made over the past year.
$17.980
Unknown
We reiterate this global direct to consumer shipper or larger home products as a TOP PICK following recently released earnings, showing a 68% increase in net earnings, We like that cash reserves are growing and debt is retired. It trades at 10x earnings and supports a robust 39% ROE. We recommend trailing up the stop (from $16) to $18, looking to achieve $31 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $51.37)GCT offers a marketplace platform for manufacturers of larger parcels like furniture, appliances and fitness equipment in Asia with buyers in North America and Europe. It trades at 9x earnings, under 3x book and supports a 38% ROE. Cash reserves are growing, while debt is retired. We recommend setting a stop-loss at $16, looking to achieve $32 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $51.37)Our data shows 16.7% short. We tend to ignore anything below 5%, and at 10% we like to understand the short thesis. 16.7% is quite high but in and of itself does not mean much. The stock is up 586% in a year so shorts have clearly been crushed. It is very cheap on an earnings basis but growing fast. It does have a lot of debt so shorts may look to cover on an equity issue one day. It is a small company, and with the short interest we would expect heightened volatility, certainly. Recent results were good and guidance was affirmed. So fundamentally it looks OK and is still priced well.
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The btb global shipper of large bulky items (fitness equipment, furniture, etc.) has 33 warehouses worldwide with over 5000 businesses from India to Canada. It trades at 13x earnings, 4x book and supports a 38% ROE. Cash reserves are growing, while debt is retired and shares bought back. We recommend setting a stop-loss at $15, looking to achieve $39 -- upside potential of 18%. Yield 0%
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GigaCloud Technology Inc.(GCT-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
GigaCloud Technology Inc.(GCT-Q) Frequently Asked Questions
What is GigaCloud Technology Inc. stock symbol?
GigaCloud Technology Inc. is a American stock, trading under the symbol GCT-Q on the NASDAQ (GCT). It is usually referred to as NASDAQ:GCT or GCT-Q
Is GigaCloud Technology Inc. a buy or a sell?
In the last year, 4 stock analysts published opinions about GCT-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for GigaCloud Technology Inc..
Is GigaCloud Technology Inc. a good investment or a top pick?
GigaCloud Technology Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for GigaCloud Technology Inc..
Why is GigaCloud Technology Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is GigaCloud Technology Inc. worth watching?
4 stock analysts on Stockchase covered GigaCloud Technology Inc. In the last year. It is a trending stock that is worth watching.
What is GigaCloud Technology Inc. stock price?
On 2025-02-04, GigaCloud Technology Inc. (GCT-Q) stock closed at a price of $20.72.
Our PAST TOP PICK with GCT has triggered its stop at $18. To remain disciplined, we recommend covering the position at this time.