Citigroup Lowers First Advantage (NYSE:FA) Price Target to $15.00

First Advantage (NYSE:FA) had its target price dropped by research analysts at Citigroup from $16.00 to $15.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price objective suggests a potential upside of 21.36% from the company’s previous close.

A number of other equities research analysts have also weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of First Advantage from $21.00 to $17.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Zacks Research downgraded First Advantage from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Barclays raised First Advantage from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $14.00 to $15.00 in a research report on Friday. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $16.75.

First Advantage Trading Up 1.6%

Shares of First Advantage stock traded up $0.20 during trading hours on Friday, hitting $12.36. The company’s stock had a trading volume of 598,081 shares, compared to its average volume of 1,101,138. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 412.00 and a beta of 1.20. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85. First Advantage has a twelve month low of $8.82 and a twelve month high of $19.01. The firm has a fifty day moving average of $12.89 and a 200-day moving average of $14.05.

First Advantage (NYSE:FA) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.04. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. The business’s revenue was up 36.8% compared to the same quarter last year. During the same period last year, the company posted $0.18 EPS. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. Research analysts forecast that First Advantage will post 0.74 EPS for the current year.

Hedge Funds Weigh In On First Advantage

A number of hedge funds and other institutional investors have recently bought and sold shares of FA. Clearstead Advisors LLC raised its position in First Advantage by 192.8% during the 4th quarter. Clearstead Advisors LLC now owns 4,333 shares of the company’s stock worth $63,000 after buying an additional 2,853 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of First Advantage during the second quarter worth about $81,000. Parkside Financial Bank & Trust increased its stake in shares of First Advantage by 22.8% during the second quarter. Parkside Financial Bank & Trust now owns 7,164 shares of the company’s stock worth $119,000 after acquiring an additional 1,328 shares during the period. BNP Paribas Financial Markets raised its holdings in First Advantage by 105.7% during the second quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock worth $119,000 after purchasing an additional 3,682 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in First Advantage by 503.2% in the second quarter. Tower Research Capital LLC TRC now owns 7,932 shares of the company’s stock valued at $132,000 after purchasing an additional 6,617 shares during the period. 94.91% of the stock is currently owned by hedge funds and other institutional investors.

First Advantage Company Profile

First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.

The company’s core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.