First Advantage (NYSE:FA) Given New $34.00 Price Target at Barclays

First Advantage (NYSE:FA) had its price objective boosted by equities research analysts at Barclays from $30.00 to $34.00 in a research note issued on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s target price indicates a potential upside of 44.67% from the company’s current price.

A number of other equities research analysts have also weighed in on FA. Zacks Research lowered shares of First Advantage from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Jefferies Financial Group restated a “hold” rating and issued a $26.00 target price on shares of First Advantage in a research note on Friday. Royal Bank Of Canada upped their target price on shares of First Advantage from $21.00 to $24.00 and gave the stock a “sector perform” rating in a research note on Friday, August 7th. Needham & Company LLC raised their target price on shares of First Advantage from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Citigroup lifted their price target on shares of First Advantage from $18.00 to $22.00 and gave the company 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. Based on data from MarketBeat, First Advantage has a consensus rating of “Hold” and a consensus price target of $24.57.

First Advantage Trading Up 1.6%

Shares of NYSE:FA traded up $0.37 on Friday, hitting $23.50. 263,732 shares of the company’s stock were exchanged, compared to its average volume of 1,531,919. First Advantage has a 12 month low of $8.82 and a 12 month high of $25.15. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 783.03 and a beta of 1.12. The business’s 50 day simple moving average is $20.24 and its two-hundred day simple moving average is $16.50. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.85 and a quick ratio of 3.85.

First Advantage (NYSE:FA) last issued its earnings results on Thursday, November 5th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.30 earnings per share. Analysts anticipate that First Advantage will post 0.74 EPS for the current fiscal year.

Institutional Investors Weigh In On First Advantage

Several large investors have recently modified their holdings of the business. KBC Group NV bought a new position in shares of First Advantage during the first quarter valued at approximately $35,000. Versant Capital Management Inc increased its holdings in First Advantage by 47.1% during the second quarter. Versant Capital Management Inc now owns 2,445 shares of the company’s stock valued at $44,000 after buying an additional 783 shares during the period. Fifth Third Bancorp purchased a new position in First Advantage during the first quarter valued at approximately $45,000. Sterling Capital Management LLC raised its stake in First Advantage by 323.6% in the third quarter. Sterling Capital Management LLC now owns 2,694 shares of the company’s stock worth $48,000 after buying an additional 2,058 shares in the last quarter. Finally, State of Wyoming bought a new position in First Advantage in the second quarter worth approximately $81,000. Institutional investors own 94.91% of the company’s stock.

Key Stories Impacting First Advantage

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

• Positive Sentiment: Third-quarter adjusted earnings were $0.38 per share, topping the $0.34 consensus and rising from $0.30 a year earlier. Revenue increased 13.8% year over year. First Advantage Reports Third Quarter 2026 Results
• Positive Sentiment: The company raised its full-year 2026 guidance and expects revenue of $1.72 billion to $1.745 billion, supporting the growth outlook. First Advantage 2026 revenue outlook
• Positive Sentiment: Needham raised its price target to $30 from $28 and maintained a Buy rating. The new target implies about 28% upside from the referenced $23.40 share price. Needham analyst ratings
• Neutral Sentiment: First Advantage acquired Data Diver Technologies for approximately $125 million. The AI- and automation-powered data platform fits the company’s proprietary data and technology strategy, while adding an investment to execute and integrate. First Advantage acquires Data Diver Technologies

First Advantage Company Profile

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.