Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of GigaCloud Technology Inc (NASDAQ: GCT) closed at $20.72 in the last session, up 4.96% from day before closing price of $19.74. In other words, the price has increased by $4.96 from its previous closing price. On the day, 0.81 million shares were traded. GCT stock price reached its highest trading level at $20.8 during the session, while it also had its lowest trading level at $19.415.
Ratios:
We take a closer look at GCT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on July 29, 2024, initiated with a Buy rating and assigned the stock a target price of $50.
On May 22, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $69.
On June 16, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $13.ROTH MKM initiated its Buy rating on June 16, 2023, with a $13 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 27 ’24 when Bernes Marshall bought 5,000 shares for $17.50 per share. The transaction valued at 87,500 led to the insider holds 45,000 shares of the business.
WAN XIN sold 466 shares of GCT for $9,320 on Dec 18 ’24. The Chief Technology Officer now owns 0 shares after completing the transaction at $20.00 per share. On Dec 16 ’24, another insider, WAN XIN, who serves as the Chief Technology Officer of the company, sold 68,437 shares for $20.43 each. As a result, the insider received 1,398,103 and left with 1,563 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GCT now has a Market Capitalization of 848933568 and an Enterprise Value of 1093644672. As of this moment, GigaCloud’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.54, and their Forward P/E ratio for the next fiscal year is 5.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 0.985 whereas that against EBITDA is 7.217.
Stock Price History:
The Beta on a monthly basis for GCT is 1.97, which has changed by -0.31482124 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, GCT has reached a high of $45.18, while it has fallen to a 52-week low of $15.61. The 50-Day Moving Average of the stock is -1.04%, while the 200-Day Moving Average is calculated to be -19.23%.
Shares Statistics:
According to the various share statistics, GCT traded on average about 1.32M shares per day over the past 3-months and 1013550 shares per day over the past 10 days. A total of 33.30M shares are outstanding, with a floating share count of 27.38M. Insiders hold about 32.74% of the company’s shares, while institutions hold 26.74% stake in the company. Shares short for GCT as of 1736899200 were 5854094 with a Short Ratio of 4.44, compared to 1734048000 on 5962155. Therefore, it implies a Short% of Shares Outstanding of 5854094 and a Short% of Float of 31.169999999999998.
Earnings Estimates
The current market rating for GigaCloud Technology Inc (GCT) reflects the collective analysis of 2.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.86, with high estimates of $0.88 and low estimates of $0.84.
Analysts are recommending an EPS of between $3.93 and $3.2 for the fiscal current year, implying an average EPS of $3.57. EPS for the following year is $4.07, with 3.0 analysts recommending between $4.29 and $3.66.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $288.33M. It ranges from a high estimate of $290M to a low estimate of $285M. As of the current estimate, GigaCloud Technology Inc’s year-ago sales were $244.74MFor the next quarter, 3 analysts are estimating revenue of $281.41M. There is a high estimate of $287.5M for the next quarter, whereas the lowest estimate is $276M.
A total of 3 analysts have provided revenue estimates for GCT’s current fiscal year. The highest revenue estimate was $1.16B, while the lowest revenue estimate was $1.15B, resulting in an average revenue estimate of $1.15B. In the same quarter a year ago, actual revenue was $703.83MBased on 5 analysts’ estimates, the company’s revenue will be $1.31B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.27B.
