Analysts Set First Advantage Co. (NYSE:FA) Target Price at $23.33

Shares of First Advantage Co. (NYSE:FA) have received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $23.3333.

A number of equities analysts have recently weighed in on the company. Zacks Research upgraded First Advantage from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 17th. JPMorgan Chase & Co. upped their price objective on First Advantage from $15.00 to $18.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Royal Bank Of Canada increased their price objective on First Advantage from $21.00 to $24.00 and gave the stock a “sector perform” rating in a research report on Friday, August 7th. Needham & Company LLC raised First Advantage from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a report on Thursday, August 6th. Finally, Barclays boosted their target price on shares of First Advantage from $20.00 to $30.00 and gave the company an “overweight” rating in a research report on Friday, August 7th.

First Advantage Stock Performance

Shares of FA stock opened at $21.02 on Friday. First Advantage has a 52 week low of $8.82 and a 52 week high of $25.15. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 700.67 and a beta of 1.15. The company has a 50-day simple moving average of $20.69 and a 200 day simple moving average of $15.80. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85.

First Advantage (NYSE:FA) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.06. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. During the same quarter in the prior year, the firm earned $0.27 earnings per share. First Advantage’s revenue for the quarter was up 14.9% on a year-over-year basis. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. On average, sell-side analysts predict that First Advantage will post 0.74 earnings per share for the current year.

Insider Transactions at First Advantage

In other First Advantage news, Director James Clark sold 4,921 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $15.69, for a total value of $77,210.49. Following the completion of the sale, the director owned 56,844 shares of the company’s stock, valued at $891,882.36. The trade was a 7.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On First Advantage

Institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC acquired a new position in First Advantage in the 4th quarter valued at $257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in First Advantage by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company’s stock valued at $501,000 after purchasing an additional 1,471 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in First Advantage by 7.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 239,233 shares of the company’s stock worth $3,371,000 after purchasing an additional 16,664 shares during the period. Prudential Financial Inc. bought a new stake in shares of First Advantage during the 2nd quarter worth approximately $167,000. Finally, Russell Investments Group Ltd. lifted its stake in First Advantage by 627.7% during the second quarter. Russell Investments Group Ltd. now owns 67,178 shares of the company’s stock worth $1,116,000 after purchasing an additional 57,946 shares during the last quarter. 94.91% of the stock is currently owned by institutional investors.

First Advantage Company Profile

First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.

The company’s core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.