First Advantage Co. (NYSE:FA) Receives Consensus Rating of “Moderate Buy” from Brokerages

by · The Markets Daily

First Advantage Co. (NYSE:FA – Get Free Report) has been given an average rating of “Moderate Buy” by the seven brokerages that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $19.25.

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their price target on First Advantage from $21.00 to $17.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Zacks Research upgraded First Advantage from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th.

Read Our Latest Report on FA

Institutional Investors Weigh In On First Advantage

Several hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its stake in shares of First Advantage by 1,208.3% during the second quarter. Caitong International Asset Management Co. Ltd now owns 2,368 shares of the company’s stock valued at $39,000 after purchasing an additional 2,187 shares in the last quarter. Quantbot Technologies LP bought a new stake in First Advantage during the 2nd quarter valued at $81,000. Parkside Financial Bank & Trust increased its holdings in shares of First Advantage by 22.8% in 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 during the period. BNP Paribas Financial Markets raised its position in shares of First Advantage by 105.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock worth $119,000 after acquiring an additional 3,682 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of First Advantage by 2,967.1% during the 1st quarter. Russell Investments Group Ltd. now owns 9,232 shares of the company’s stock worth $130,000 after purchasing an additional 8,931 shares during the last quarter. Hedge funds and other institutional investors own 94.91% of the company’s stock.

First Advantage Trading Up 0.3%

NYSE FA opened at $15.33 on Friday. The stock has a market cap of $2.67 billion, a PE ratio of 510.83 and a beta of 1.18. First Advantage has a 12 month low of $11.95 and a 12 month high of $20.27. The company’s 50-day moving average price is $13.86 and its 200-day moving average price is $15.57. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61.

First Advantage (NYSE:FA – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.02. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. The business’s quarterly revenue was up 105.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.26 earnings per share. First Advantage has set its FY 2025 guidance at 0.980-1.020 EPS. Equities research analysts forecast that First Advantage will post 0.74 earnings per share for the current year.

First Advantage Company Profile

(Get Free Report)

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.

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