Investors should look for companies that offer solid returns after meeting all operating and non-operating costs. Thus, it is a good idea to bet on a profitable company over a loss-making one.Here, we have used the concept of accounting ratios to evaluate a company’s profitability. There are several profitability ratios, from which we have chosen the most successful and frequently used profitability metric to determine a company's bottom-line performance.To that end, Option Care Health (OPCH) , Merchants Ba ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

EL MONTE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024 before the market opens on Thursday, May 9, 2024. The Company will host a conference call to discuss its financial results on the same day at 8:00 AM Eastern Time. To access the conference call, ...

EL MONTE, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its global fulfillment network has surpassed 10 million square feet of total space following the signing of a new lease in Ontario, California. This expansion strengthens GigaCloud's ability to support the continued growth of its B2B marketplace and deliver enhanced fulfillment support t ...

GigaCloud Technology Inc. (GCT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned +28.9%, compared to the Zacks S&P 500 composite's -4% change. During this period, the Zacks Technology Services industry, which GigaCloud Technology Inc. falls in, has lost 9.6%. The key question now is: What could be the stock's future direct ...

Are you ready for your tax refund? Tax season closed yesterday (unless you filed an extension), and millions of Americans stand ready to get a chunk of change back from overpayments throughout the 2023 tax year. This year, the number of Americans claiming to spend their tax refunds doubled from 2022. That points, of course, to renewed consumer confidence. Likewise, many spend their tax refund cash to blow off steam, and this year has presented plenty of headaches for Americans of all types.Despite the kicks ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

GigaCloud Technology Inc. (GCT) closed at $31.02 in the latest trading session, marking a -1.8% move from the prior day. This change lagged the S&P 500's daily loss of 0.95%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.Coming into today, shares of the company had lost 14.25% in the past month. In that same time, the Business Services sector lost 0.45%, while the S&P 500 gained 1.78%.The investment community will be paying close attention to the earnings performance of GigaC ...

M N 11 Apr 2024 CMB International Global Markets | Equity Research | Company Update GigaCloud (GCT US) Improving fundamentals with BaaS initiatives Target Price US$46.00 After short-term stock price volatility on insider filings, we suggest investors to (Previous TP US$43.00) refocus on GigaCloud (GCT)’s strong organic growth and fundamentals Up/Downside 45.6% improvement. We expect GCT to deliver another eye-catching 1Q24E, with topline accelerating to +96% YoY (5% above high-end of guidance) and bottom Cu ...

Investors might want to bet on GigaCloud Technology Inc. (GCT) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings e ...