First Advantage Co. (NYSE:FA) Given Average Rating of “Hold” by Brokerages

Shares of First Advantage Co. (NYSE:FA) have been assigned a consensus recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a 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 $19.25.

A number of analysts recently issued reports on FA shares. Zacks Research lowered shares of First Advantage from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. JPMorgan Chase & Co. decreased their price objective on shares of First Advantage from $21.00 to $17.00 and set an “overweight” rating for the company in a report on Friday, November 7th.

Institutional Trading of First Advantage

Several institutional investors and hedge funds have recently bought and sold shares of FA. Caitong International Asset Management Co. Ltd lifted its holdings in First Advantage by 1,208.3% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 2,368 shares of the company’s stock worth $39,000 after buying an additional 2,187 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of First Advantage in the 2nd quarter valued at approximately $81,000. Parkside Financial Bank & Trust raised its position in shares of First Advantage by 22.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 7,164 shares of the company’s stock valued at $119,000 after acquiring an additional 1,328 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in First Advantage by 105.7% during the second quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock worth $119,000 after purchasing an additional 3,682 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in First Advantage by 503.2% during the second quarter. Tower Research Capital LLC TRC now owns 7,932 shares of the company’s stock worth $132,000 after purchasing an additional 6,617 shares during the last quarter. Institutional investors and hedge funds own 94.91% of the company’s stock.

First Advantage Trading Down 1.4%

NYSE:FA opened at $15.50 on Tuesday. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 516.67 and a beta of 1.18. First Advantage has a one year low of $11.95 and a one year high of $20.27. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85. The business’s 50-day simple moving average is $14.18 and its 200 day simple moving average is $15.34.

First Advantage (NYSE:FA) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.30 earnings per share (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 firm’s revenue for the quarter was up 105.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.26 EPS. First Advantage has set its FY 2025 guidance at 0.980-1.020 EPS. As a group, sell-side analysts predict that First Advantage will post 0.74 earnings per share for the current fiscal year.

About First Advantage

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.