First Advantage (NYSE:FA) Shares Up 4.7% – What’s Next?

Shares of First Advantage Co. (NYSE:FAGet Free Report) rose 4.7% during mid-day trading on Monday . The company traded as high as $20.35 and last traded at $20.4680. 36,108 shares were traded during trading, a decline of 97% from the average daily volume of 1,298,379 shares. The stock had previously closed at $19.54.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Citigroup lifted their price objective on First Advantage from $15.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. raised their target price on First Advantage from $15.00 to $18.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Barclays lifted their price target on First Advantage from $15.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Finally, Stifel Nicolaus set a $18.00 price target on First Advantage in a report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $18.50.

Check Out Our Latest Research Report on FA

First Advantage Stock Up 6.3%

The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. The business’s fifty day moving average price is $16.44 and its 200 day moving average price is $13.84. The company has a market capitalization of $3.56 billion, a P/E ratio of 689.00 and a beta of 1.17.

First Advantage (NYSE:FAGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 EPS. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. As a group, equities research analysts predict that First Advantage Co. will post 0.74 earnings per share for the current fiscal year.

Insider Activity

In other news, President Joelle M. Smith sold 23,334 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $15.00, for a total transaction of $350,010.00. Following the transaction, the president directly owned 19,393 shares in the company, valued at approximately $290,895. This represents a 54.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Lindsey Clark sold 4,921 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $15.69, for a total transaction of $77,210.49. Following the completion of the sale, the director directly owned 56,844 shares of the company’s stock, valued at approximately $891,882.36. This represents a 7.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On First Advantage

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in First Advantage by 8.4% in the third quarter. JPMorgan Chase & Co. now owns 3,315,150 shares of the company’s stock valued at $51,020,000 after acquiring an additional 255,641 shares during the last quarter. SG Americas Securities LLC raised its position in shares of First Advantage by 8,338.6% during the 4th quarter. SG Americas Securities LLC now owns 777,275 shares of the company’s stock valued at $11,294,000 after acquiring an additional 768,064 shares during the last quarter. Brighton Jones LLC acquired a new position in shares of First Advantage in the 4th quarter valued at $257,000. Cat Rock Capital Management LP lifted its stake in shares of First Advantage by 29.7% in the 3rd quarter. Cat Rock Capital Management LP now owns 3,068,369 shares of the company’s stock valued at $47,222,000 after purchasing an additional 702,452 shares during the period. Finally, BloombergSen Inc. boosted its position in shares of First Advantage by 41.6% in the 4th quarter. BloombergSen Inc. now owns 377,216 shares of the company’s stock worth $5,481,000 after purchasing an additional 110,892 shares during the last quarter. 94.91% of the stock is owned by institutional investors.

First Advantage Company Profile

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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.

Further Reading

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