First Advantage (FA) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Advantage in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FA, but not buy additional shares or sell existing shares.
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6 equities research analysts have issued 12-month target prices for First Advantage's stock. Their FA share price forecasts range from $13.00 to $15.50. On average, they expect the company's share price to reach $14.40 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price.
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First Advantage's stock was trading at $13.00 at the beginning of the year. Since then, FA shares have increased by 9.5% and is now trading at $14.23.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
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First Advantage Co. (NYSE:FA) issued its quarterly earnings results on Wednesday, May, 10th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.04. The firm had revenue of $175.52 million for the quarter, compared to analyst estimates of $170.35 million. First Advantage had a net margin of 6.73% and a trailing twelve-month return on equity of 13.00%. During the same quarter last year, the firm earned $0.22 earnings per share.

ETFs with the largest weight of First Advantage (NYSE:FA) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT), Dimensional US Small Cap Value ETF (DFSV),

First Advantage updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of $1.00-$1.07 for the period, compared to the consensus earnings per share estimate of $1.03. The company issued revenue guidance of $770.00 million-$810.00 million, compared to the consensus revenue estimate of $780.91 million.

(FA) raised $298 million in an IPO on Wednesday, June 23rd 2021. The company issued 21,300,000 shares at a price of $13.00-$15.00 per share. Barclays, BofA Securities and J.P. Morgan acted as the underwriters for the IPO and Citigroup, Evercore ISI, Jefferies, RBC Capital Markets, Stifel, HSBC, Citizens Capital Markets, KKR, MUFG, Loop Capital Markets, R. Seelaus & Co., LLC, Ramirez & Co., Inc. and Roberts & Ryan were co-managers.

First Advantage trades on the New York Stock Exchange (NYSE) under the ticker symbol "FA."

First Advantage's stock is owned by a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (4.40%), BlackRock Inc. (2.78%), Diamond Hill Capital Management Inc. (2.21%), FMR LLC (1.83%), Principal Financial Group Inc. (1.17%) and Dimensional Fund Advisors LP (1.13%). Insiders that own company stock include David L Gamsey, Joseph K Jaeger, Lake Group LLC Silver and Scott Staples.
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Shares of FA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FA stock can currently be purchased for approximately $14.23.

First Advantage (NYSE:FA) has a market capitalization of $2.08 billion and generates $810.02 million in revenue each year. The company earns $64.60 million in net income (profit) each year or $0.34 on an earnings per share basis.

The company employs 5,800 workers across the globe.

The official website for the company is fadv.com. The company can be reached via phone at 888-314-9761 or via email at investors@fadv.com.