First Advantage Co. (NYSE:FA) Receives $65.80 Consensus PT from Brokerages

First Advantage Co. (NYSE:FA - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eight analysts that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $65.80.

Several research firms recently weighed in on FA. Royal Bank of Canada restated an "outperform" rating and set a $22.00 price target on shares of First Advantage in a research report on Thursday, January 23rd. William Blair reissued an "outperform" rating on shares of First Advantage in a research report on Friday, February 28th. BMO Capital Markets lowered their price target on shares of First Advantage from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, March 3rd. Finally, Barclays reissued an "equal weight" rating and set a $15.00 price objective (down from $20.00) on shares of First Advantage in a report on Thursday, April 10th.

First Advantage Stock Performance

First Advantage stock traded down $1.04 during mid-day trading on Friday, reaching $13.97. 2,062,934 shares of the company's stock were exchanged, compared to its average volume of 740,634. The firm has a market capitalization of $2.42 billion, a PE ratio of 465.67 and a beta of 1.20. 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 business's fifty day simple moving average is $15.38 and its 200 day simple moving average is $17.63. First Advantage has a one year low of $12.32 and a one year high of $20.79.

Remove Ads

Institutional Investors Weigh In On First Advantage

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Summit Investment Advisors Inc. grew its position in shares of First Advantage by 15.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 6,267 shares of the company's stock valued at $117,000 after purchasing an additional 832 shares in the last quarter. GAMMA Investing LLC grew its holdings in First Advantage by 748.5% during the 1st quarter. GAMMA Investing LLC now owns 6,890 shares of the company's stock valued at $97,000 after buying an additional 6,078 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of First Advantage in the fourth quarter worth about $132,000. Two Sigma Securities LLC bought a new position in shares of First Advantage in the fourth quarter valued at approximately $188,000. Finally, Tower Research Capital LLC TRC grew its stake in First Advantage by 1,219.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 10,555 shares of the company's stock valued at $198,000 after acquiring an additional 9,755 shares in the last quarter. Institutional investors own 94.91% of the company's stock.

First Advantage Company Profile

First Advantage Corporation provides employment background screening, identity, and verification solutions worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products.