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

First Advantage Co. (NYSE:FA) has received an average rating of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued a report 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. cut their price target on shares of First Advantage from $21.00 to $17.00 and set an “overweight” rating on the stock in a report on Friday, November 7th.

Hedge Funds Weigh In On First Advantage

Several large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd increased its holdings in First Advantage by 1,208.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 2,368 shares of the company’s stock valued at $39,000 after buying an additional 2,187 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of First Advantage in the 2nd quarter worth approximately $81,000. Parkside Financial Bank & Trust grew its position 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 worth $119,000 after acquiring an additional 1,328 shares in the last quarter. BNP Paribas Financial Markets increased its holdings 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 valued at $119,000 after acquiring an additional 3,682 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position 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 valued at $130,000 after acquiring an additional 8,931 shares in the last quarter. Institutional investors own 94.91% of the company’s stock.

First Advantage Stock Performance

Shares of FA stock opened at $15.28 on Friday. 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 company’s fifty day moving average price is $13.81 and its two-hundred day moving average price is $15.57. The firm has a market capitalization of $2.66 billion, a P/E ratio of 509.33 and a beta of 1.18. First Advantage has a 12 month low of $11.95 and a 12 month high of $20.27.

First Advantage (NYSE:FA) last announced its earnings results on Thursday, November 6th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was up 105.5% compared to the same quarter last year. During the same quarter last 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 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.