First Advantage (NYSE:FA – Free Report) had its price objective reduced by Citigroup from $16.00 to $15.00 in a research report released on Friday,Benzinga reports. Citigroup currently has a neutral rating on the stock.
A number of other analysts have also commented on the company. JPMorgan Chase & Co. cut their price target on First Advantage from $21.00 to $17.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Barclays raised First Advantage from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $14.00 to $15.00 in a research report on Friday. Finally, Zacks Research lowered shares of First Advantage from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $16.75.
Read Our Latest Report on First Advantage
First Advantage Trading Down 0.8%
First Advantage (NYSE:FA – Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.30 earnings per share (EPS) for the quarter, topping 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%. First Advantage’s revenue was up 36.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.18 earnings per share. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. On average, sell-side analysts expect that First Advantage will post 0.74 earnings per share for the current fiscal year.
Hedge Funds Weigh In On First Advantage
Hedge funds and other institutional investors have recently bought and sold shares of the business. Parkside Financial Bank & Trust grew its holdings 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 purchasing an additional 1,328 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in First Advantage by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company’s stock valued at $501,000 after acquiring an additional 1,471 shares during the period. SG Americas Securities LLC raised its stake in shares of First Advantage by 22.6% during the third quarter. SG Americas Securities LLC now owns 9,211 shares of the company’s stock valued at $142,000 after acquiring an additional 1,700 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in shares of First Advantage by 29.1% during the second quarter. Ameritas Investment Partners Inc. now owns 8,088 shares of the company’s stock worth $134,000 after purchasing an additional 1,821 shares during the period. Finally, Swiss National Bank grew its stake in shares of First Advantage by 1.6% in the third quarter. Swiss National Bank now owns 151,544 shares of the company’s stock worth $2,332,000 after purchasing an additional 2,400 shares during the last quarter. Institutional investors own 94.91% of the company’s stock.
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.
Further Reading
- Five stocks we like better than First Advantage
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
Receive News & Ratings for First Advantage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Advantage and related companies with MarketBeat.com's FREE daily email newsletter.
