First Advantage (FA) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Advantage in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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.
View FA analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 12 month target prices for First Advantage's stock. Their FA share price forecasts range from $13.00 to $17.00. On average, they anticipate the company's stock price to reach $15.17 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
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First Advantage's stock was trading at $13.00 on January 1st, 2023. Since then, FA stock has increased by 6.1% and is now trading at $13.79.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our FA earnings forecast.

First Advantage Co. (NYSE:FA) released its quarterly earnings results on Wednesday, August, 9th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. The company had revenue of $185.30 million for the quarter, compared to the consensus estimate of $182.38 million. First Advantage had a trailing twelve-month return on equity of 12.88% and a net margin of 6.29%. The firm's revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.25 EPS.

First Advantage declared a dividend on Tuesday, August 8th. Stockholders of record on Monday, August 21st will be paid a dividend of $1.50 per share on Thursday, August 31st. The ex-dividend date of this dividend is Friday, August 18th.
Read our dividend analysis for FA.

First Advantage issued an update on its FY23 earnings guidance on Wednesday, August, 9th. The company provided earnings per share (EPS) guidance of $1.00-$1.07 for the period, compared to the consensus estimate of $1.02. The company issued revenue guidance of $770-$810 million, compared to the consensus revenue estimate of $776.81 million.

(FA) raised $298 million in an initial public offering (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."

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 $13.79.

First Advantage (NYSE:FA) has a market capitalization of $2.00 billion and generates $810.02 million in revenue each year. The company earns $64.60 million in net income (profit) each year or $0.32 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.