First Advantage Co. (NYSE:FA) Stock Has Average Target Price of $23.33 According to Brokerages

Shares of First Advantage Co. (NYSE:FA) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $23.33.

Several brokerages have recently weighed in on FA. Needham & Company LLC upgraded First Advantage from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a report on Thursday, August 6th. Zacks Research raised shares of First Advantage from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Royal Bank Of Canada raised their price objective on shares of First Advantage from $21.00 to $24.00 and gave the company a “sector perform” rating in a research note on Friday, August 7th. Citigroup lifted their target price on shares of First Advantage from $18.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, August 17th. Finally, Barclays upped their target price on shares of First Advantage from $20.00 to $30.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th.

First Advantage Stock Down 0.4%

FA opened at $19.92 on Tuesday. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61. The stock has a market cap of $3.42 billion, a PE ratio of 664.00 and a beta of 1.15. The business’s fifty day simple moving average is $21.00 and its 200 day simple moving average is $16.89. First Advantage has a 52 week low of $8.82 and a 52 week high of $25.15.

First Advantage (NYSE:FA) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.During the same quarter in the previous year, the company earned $0.27 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. As a group, research analysts expect that First Advantage will post 0.74 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FA. BlackRock Inc. purchased a new position in shares of First Advantage during the second quarter worth about $217,748,000. Bamco Inc. NY acquired a new position in shares of First Advantage in the second quarter valued at approximately $63,214,000. Palisade Capital Management LP purchased a new position in First Advantage during the second quarter worth about $14,533,000. Capital World Investors raised its position in First Advantage by 9.4% in the fourth quarter. Capital World Investors now owns 9,098,714 shares of the company’s stock worth $132,204,000 after acquiring an additional 780,200 shares in the last quarter. Finally, Estuary Capital Management LP acquired a new stake in shares of First Advantage in the first quarter valued at about $6,558,000. Institutional investors own 94.91% of the company’s stock.

About First Advantage

First Advantage Corporation is a global provider of employment background screening and workforce-management solutions. The company helps employers make informed hiring and onboarding decisions through services such as criminal-record searches, employment and education verification, identity verification, drug and health screening, motor vehicle record checks, and immigration and employment eligibility services.

Its technology platform is designed to support the hiring lifecycle, from recruiting and screening to onboarding, workforce monitoring, and offboarding.