Brokerages Set First Advantage Co. (NYSE:FA) Target Price at $20.25

Key Points

• First Advantage Co. has received an average rating of “Moderate Buy” from analysts, with five firms recommending a hold, two a buy, and one a strong buy.
• The stock's average one-year target price among brokerages is $20.25, with recent upgrades and adjustments from analysts, including an increase in price objectives from Barclays.
• In its last earnings report, First Advantage posted $0.27 earnings per share, surpassing expectations, and the company's revenue for the quarter was up 111.7% compared to the prior year.

Shares of First Advantage Co. (NYSE:FA - Get Free Report) have received a consensus rating of "Moderate Buy" from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $20.25.

A number of equities research analysts have commented on FA shares. Zacks Research upgraded First Advantage from a "hold" rating to a "strong-buy" rating in a research report on Thursday, September 4th. Barclays upped their price target on First Advantage from $15.00 to $18.00 and gave the company an "equal weight" rating in a research report on Thursday, May 29th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of First Advantage in a research report on Thursday, August 21st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Signaturefd LLC acquired a new position in shares of First Advantage in the 1st quarter valued at about $30,000. Caitong International Asset Management Co. Ltd raised its stake in First Advantage by 1,208.3% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 2,368 shares of the company's stock worth $39,000 after buying an additional 2,187 shares during the period. Cornerstone Planning Group LLC acquired a new position in First Advantage during the 1st quarter worth approximately $63,000. Quantbot Technologies LP acquired a new position in First Advantage during the 2nd quarter worth approximately $81,000. Finally, GAMMA Investing LLC raised its stake in First Advantage by 748.5% during the 1st quarter. GAMMA Investing LLC now owns 6,890 shares of the company's stock worth $97,000 after buying an additional 6,078 shares during the period. 94.91% of the stock is owned by institutional investors and hedge funds.

First Advantage Price Performance

FA stock traded down $0.50 during midday trading on Wednesday, reaching $15.78. 671,247 shares of the stock were exchanged, compared to its average volume of 1,029,784. The stock has a market capitalization of $2.75 billion, a PE ratio of 526.00 and a beta of 1.23. First Advantage has a 52 week low of $12.32 and a 52 week high of $20.79. 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 has a fifty day moving average price of $16.84 and a 200 day moving average price of $16.00.

First Advantage (NYSE:FA - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.First Advantage's quarterly revenue was up 111.7% on a year-over-year basis. During the same quarter last year, the company posted $0.21 EPS. First Advantage has set its FY 2025 guidance at 0.860-1.030 EPS. As a group, analysts expect that First Advantage will post 0.74 EPS for the current fiscal year.

First Advantage Company Profile

First Advantage Corporation provides employment background screening, identity, and verification solutions worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products.