First Advantage Co. (NYSE:FA) Receives $19.25 Average Target Price from Analysts

First Advantage Co. (NYSE:FA) has been given a consensus rating of “Moderate Buy” by the seven ratings firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $19.25.

A number of brokerages have issued reports on FA. Zacks Research raised First Advantage from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. JPMorgan Chase & Co. dropped their price target on shares of First Advantage from $21.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of First Advantage in a research note on Thursday, August 21st.

Insider Activity

In other news, President Joelle M. Smith sold 9,900 shares of the stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $15.70, for a total transaction of $155,430.00. Following the transaction, the president owned 42,727 shares of the company’s stock, valued at approximately $670,813.90. This trade represents a 18.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.90% of the company’s stock.

Institutional Trading of First Advantage

Several institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of First Advantage during the fourth quarter valued at approximately $257,000. Bank of New York Mellon Corp lifted its holdings in shares of First Advantage by 3.1% in the 1st quarter. Bank of New York Mellon Corp now owns 227,242 shares of the company’s stock worth $3,202,000 after purchasing an additional 6,876 shares during the last quarter. Mutual of America Capital Management LLC boosted its position in First Advantage by 5.4% during the 1st quarter. Mutual of America Capital Management LLC now owns 1,136,993 shares of the company’s stock valued at $16,020,000 after purchasing an additional 58,220 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in First Advantage during the 1st quarter worth $627,000. Finally, TD Asset Management Inc acquired a new stake in First Advantage in the first quarter worth $187,000. Institutional investors and hedge funds own 94.91% of the company’s stock.

First Advantage Stock Performance

Shares of FA stock opened at $13.82 on Monday. The company’s fifty day moving average price is $14.07 and its two-hundred day moving average price is $16.03. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.85 and a quick ratio of 3.85. The firm has a market capitalization of $2.41 billion, a P/E ratio of 460.67 and a beta of 1.19. First Advantage has a 12 month low of $11.95 and a 12 month high of $20.36.

First Advantage (NYSE:FA) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.The business’s revenue was up 105.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.26 EPS. First Advantage has set its FY 2025 guidance at 0.980-1.020 EPS. On average, research analysts anticipate that First Advantage will post 0.74 earnings per share for the current fiscal year.

First Advantage Company Profile

First Advantage Corporation provides employment background screening, identity, and verification solutions worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products.