First Advantage (NYSE:FA) Given New $30.00 Price Target at Needham & Company LLC

First Advantage (NYSE:FA) had its price target increased by Needham & Company LLC from $28.00 to $30.00 in a report published on Friday morning, Marketbeat Ratings reports. Needham & Company LLC currently has a buy rating on the stock.

A number of other equities analysts also recently weighed in on the stock. Royal Bank Of Canada boosted their target price on shares of First Advantage from $21.00 to $24.00 and gave the stock a “sector perform” rating in a report on Friday, August 7th. Jefferies Financial Group reiterated a “hold” rating and issued a $26.00 target price on shares of First Advantage in a research note on Friday. Zacks Research lowered First Advantage from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Barclays raised their price objective on First Advantage from $20.00 to $30.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Finally, Citigroup lifted their target price on First Advantage from $18.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, August 17th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $24.57.

First Advantage Stock Up 1.7%

Shares of NYSE FA traded up $0.40 during midday trading on Friday, reaching $23.53. The company’s stock had a trading volume of 1,137,081 shares, compared to its average volume of 1,536,351. The stock has a 50 day simple moving average of $20.29 and a 200-day simple moving average of $16.55. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 784.33 and a beta of 1.12. First Advantage has a fifty-two week low of $8.82 and a fifty-two week high of $25.15.

First Advantage (NYSE:FA) last announced its earnings results on Thursday, November 5th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.34 by $0.04. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. First Advantage’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 earnings per share. Equities research analysts predict that First Advantage will post 0.74 earnings per share for the current year.

Institutional Trading of First Advantage

Institutional investors and hedge funds have recently modified their holdings of the business. Aberdeen Group plc bought a new position in shares of First Advantage during the third quarter valued at $3,507,000. Russell Investments Group Ltd. increased its stake in shares of First Advantage by 12.8% in the third quarter. Russell Investments Group Ltd. now owns 32,501 shares of the company’s stock valued at $579,000 after buying an additional 3,699 shares during the period. Fifth Third Bancorp raised its position in shares of First Advantage by 13.8% during the third quarter. Fifth Third Bancorp now owns 18,881 shares of the company’s stock worth $336,000 after acquiring an additional 2,287 shares during the last quarter. Maryland State Retirement & Pension System raised its position in shares of First Advantage by 82.7% during the third quarter. Maryland State Retirement & Pension System now owns 20,948 shares of the company’s stock worth $373,000 after acquiring an additional 9,483 shares during the last quarter. Finally, Illinois Municipal Retirement Fund bought a new position in shares of First Advantage during the third quarter worth about $851,000. 94.91% of the stock is currently owned by institutional investors.

Key Headlines Impacting First Advantage

Here are the key news stories impacting First Advantage this week:

• Positive Sentiment: Q3 adjusted EPS was $0.38, above the $0.34 consensus and up from $0.30 a year earlier. Revenue increased 13.8% year over year. First Advantage Reports Third Quarter 2026 Results
• Positive Sentiment: First Advantage raised its full-year 2026 revenue outlook to $1.72 billion–$1.745 billion, signaling stronger expected business performance. First Advantage revenue outlook
• Positive Sentiment: Barclays raised its price target from $30 to $34 and maintained an Overweight rating; Needham lifted its target from $28 to $30 and kept a Buy rating. The higher targets reflect improved analyst expectations. Barclays recommendations Needham recommendations
• Positive Sentiment: The company acquired AI- and automation-focused Data Diver Technologies for approximately $125 million, advancing its proprietary data and technology strategy. First Advantage acquires Data Diver Technologies

About First Advantage

First Advantage Corporation (NYSE: FA) is a global human capital and background screening company that helps employers make informed hiring, onboarding and workforce-management decisions. Its technology and services are used by organizations across industries to assess candidates and support compliance throughout the employment lifecycle.

The company provides employment background checks, criminal-record searches, employment and education verification, identity services, drug and health screening, driving-record checks, international screening and continuous workforce monitoring.