Reviewing GigaCloud Technology (NASDAQ:GCT) and SKYX Platforms (NASDAQ:SKYX)

GigaCloud Technology (NASDAQ:GCT) and SKYX Platforms (NASDAQ:SKYX) are both small-cap business services companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, dividends, risk, valuation, profitability and analyst recommendations.

Risk and Volatility

GigaCloud Technology has a beta of 2.28, meaning that its share price is 128% more volatile than the S&P 500. Comparatively, SKYX Platforms has a beta of -3985.74, meaning that its share price is 398,674% less volatile than the S&P 500.

Profitability

This table compares GigaCloud Technology and SKYX Platforms’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
GigaCloud Technology	10.62%	30.43%	11.89%
SKYX Platforms	-39.35%	-3,407.81%	-56.71%

Earnings and Valuation

This table compares GigaCloud Technology and SKYX Platforms”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
GigaCloud Technology	$1.16 billion	1.29	$125.81 million	$3.34	12.10
SKYX Platforms	$86.28 million	3.12	-$35.77 million	($0.35)	-6.76

GigaCloud Technology has higher revenue and earnings than SKYX Platforms. SKYX Platforms is trading at a lower price-to-earnings ratio than GigaCloud Technology, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of current ratings and target prices for GigaCloud Technology and SKYX Platforms, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
GigaCloud Technology	0	3	1	1	2.60
SKYX Platforms	1	1	1	1	2.50

GigaCloud Technology currently has a consensus price target of $24.00, suggesting a potential downside of 40.60%. SKYX Platforms has a consensus price target of $5.00, suggesting a potential upside of 111.42%. Given SKYX Platforms’ higher possible upside, analysts plainly believe SKYX Platforms is more favorable than GigaCloud Technology.

Insider and Institutional Ownership

34.9% of GigaCloud Technology shares are held by institutional investors. Comparatively, 11.8% of SKYX Platforms shares are held by institutional investors. 24.7% of GigaCloud Technology shares are held by company insiders. Comparatively, 30.0% of SKYX Platforms shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

GigaCloud Technology beats SKYX Platforms on 10 of the 13 factors compared between the two stocks.

About GigaCloud Technology

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories. The company was formerly known as Oriental Standard Human Resources Holdings Limited and changed its name to GigaCloud Technology Inc. in February 2021. GigaCloud Technology Inc. was incorporated in 2006 and is headquartered in El Monte, California.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.