First Advantage Co. (NYSE:FA) Receives Consensus Rating of "Hold" from Analysts

Key Points

• First Advantage Co. has received a consensus recommendation of "Hold" from seven research firms, with five analysts suggesting a hold and two recommending a buy.
• The average one-year price target for First Advantage among brokerages is $20.25, with recent price targets set between $18.00 and $20.00.
• Institutional investors currently own 94.91% of the company's stock, with notable increases in stakes from various hedge funds in recent quarters.

Shares of First Advantage Co. (NYSE:FA - Get Free Report) have been given an average rating of "Hold" by the seven analysts that are currently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $20.25.

FA has been the subject of a number of research analyst reports. Barclays lifted their target price on shares of First Advantage from $15.00 to $18.00 and gave the company an "equal weight" rating in a research note on Thursday, May 29th. Royal Bank Of Canada lowered shares of First Advantage from an "outperform" rating to a "sector perform" rating and set a $20.00 target price on the stock. in a research report on Friday, May 9th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of First Advantage in a research report on Monday, June 2nd.

Hedge Funds Weigh In On First Advantage

A number of large investors have recently modified their holdings of FA. Signaturefd LLC acquired a new position in shares of First Advantage during the first quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd lifted its position in shares of First Advantage by 1,208.3% during the second quarter. Caitong International Asset Management Co. Ltd now owns 2,368 shares of the company's stock worth $39,000 after purchasing an additional 2,187 shares in the last quarter. Cornerstone Planning Group LLC acquired a new position in shares of First Advantage during the first quarter worth approximately $63,000. Quantbot Technologies LP acquired a new position in shares of First Advantage during the second quarter worth approximately $81,000. Finally, GAMMA Investing LLC lifted its position in shares of First Advantage by 748.5% during the first quarter. GAMMA Investing LLC now owns 6,890 shares of the company's stock worth $97,000 after purchasing an additional 6,078 shares in the last quarter. 94.91% of the stock is currently owned by institutional investors and hedge funds.

First Advantage Price Performance

Shares of NYSE:FA traded up $0.08 during trading on Friday, reaching $16.51. The stock had a trading volume of 579,226 shares, compared to its average volume of 1,066,491. First Advantage has a 52 week low of $12.32 and a 52 week high of $20.79. The business's 50-day moving average price is $17.12 and its 200 day moving average price is $16.37. 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 stock has a market capitalization of $2.87 billion, a PE ratio of 550.33 and a beta of 1.24.

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