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

First Advantage Co. (NYSE:FA) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $19.25.

A number of equities research analysts have commented on FA shares. JPMorgan Chase & Co. reduced their target price 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 downgraded shares of First Advantage from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th.

First Advantage Trading Up 0.9%

Shares of First Advantage stock opened at $15.08 on Tuesday. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 502.67 and a beta of 1.18. First Advantage has a 52-week low of $11.95 and a 52-week high of $20.27. The company’s 50-day simple moving average is $14.31 and its 200-day simple moving average is $15.31. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61.

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

Institutional Investors Weigh In On First Advantage

Several institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd increased its stake in First Advantage by 1,208.3% in the 2nd 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 purchased a new position in shares of First Advantage in the second quarter valued at $81,000. Parkside Financial Bank & Trust raised its stake 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 worth $119,000 after buying an additional 1,328 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of First Advantage by 105.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock worth $119,000 after buying an additional 3,682 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of First Advantage by 503.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,932 shares of the company’s stock worth $132,000 after buying an additional 6,617 shares in the last quarter. Hedge funds and other institutional investors own 94.91% of the company’s stock.

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.