First Advantage Co. (NYSE:FA) Stock Has Consensus Price Target of $23.33 According to Brokerages

Shares of First Advantage Co. (NYSE:FA) have been given an average rating of “Moderate Buy” by the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $23.33.

A number of equities analysts recently commented on the stock. Zacks Research raised shares of First Advantage from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 17th. Citigroup increased their price objective on shares of First Advantage from $18.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Needham & Company LLC raised shares of First Advantage from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their target price on First Advantage from $21.00 to $24.00 and gave the company a “sector perform” rating in a research report on Friday, August 7th. Finally, Barclays upped their target price on First Advantage from $20.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, August 7th.

Hedge Funds Weigh In On First Advantage

Large investors have recently bought and sold shares of the business. Parkside Financial Bank & Trust increased its stake in First Advantage by 9.8% in the second quarter. Parkside Financial Bank & Trust now owns 8,096 shares of the company’s stock worth $146,000 after purchasing an additional 724 shares during the period. Versant Capital Management Inc boosted its stake in shares of First Advantage by 47.1% during the second quarter. Versant Capital Management Inc now owns 2,445 shares of the company’s stock valued at $44,000 after purchasing an additional 783 shares during the period. Glenmede Trust Co. NA grew its holdings in shares of First Advantage by 6.6% in the first quarter. Glenmede Trust Co. NA now owns 21,966 shares of the company’s stock worth $258,000 after purchasing an additional 1,359 shares during the last quarter. Clearstead Advisors LLC grew its holdings in shares of First Advantage by 192.8% in the fourth quarter. Clearstead Advisors LLC now owns 4,333 shares of the company’s stock worth $63,000 after purchasing an additional 2,853 shares during the last quarter. Finally, KBC Group NV bought a new position in shares of First Advantage in the first quarter worth about $35,000. Hedge funds and other institutional investors own 94.91% of the company’s stock.

First Advantage Stock Performance

NYSE:FA opened at $19.60 on Tuesday. The firm has a market capitalization of $3.37 billion, a PE ratio of 653.33 and a beta of 1.15. The stock’s fifty day moving average is $20.94 and its 200 day moving average is $16.91. First Advantage has a fifty-two week low of $8.82 and a fifty-two week high of $25.15. 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 posted its quarterly earnings data on Thursday, August 6th. The company reported $0.35 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 last year, the business earned $0.27 earnings per share. First Advantage’s revenue was up 14.9% compared to the same quarter last year. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. On average, sell-side analysts anticipate that First Advantage will post 0.74 earnings per share for the current year.

About First Advantage

First Advantage Corporation is a global provider of employment background screening and workforce-management solutions. The company helps employers make informed hiring and onboarding decisions through services such as criminal-record searches, employment and education verification, identity verification, drug and health screening, motor vehicle record checks, and immigration and employment eligibility services.

Its technology platform is designed to support the hiring lifecycle, from recruiting and screening to onboarding, workforce monitoring, and offboarding.