First Advantage (FA) Stock Price, News & Analysis

Company Overview

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. The company also provides post-onboarding solutions, including criminal records monitoring, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and other products comprising fleet/vehicle compliance, hiring tax credits and incentives, resident/tenant screening, and investigative research. Its products and solutions are used by personnel in recruiting, human resources, risk, compliance, vendor management, safety, and/or security in global enterprises, mid-sized, and small companies. The company was formerly known as Fastball Intermediate, Inc. and changed its name to First Advantage Corporation in March 2021. First Advantage Corporation was founded in 2002 and is based in Atlanta, Georgia.

Key Stats

• Today's Range: $17.61 to $18.30
• 50-Day Range: $17.30 to $20.30
• 52-Week Range: $13.88 to $20.79
• Volume: 974,561 shs
• Average Volume: 521,491 shs
• Market Capitalization: $3.15 billion
• P/E Ratio: 608.33
• Dividend Yield: N/A
• Price Target: $58.83
• Consensus Rating: Moderate Buy

First Advantage Stock Analysis - MarketRank™

First Advantage scored higher than 77% of companies evaluated by MarketBeat, and ranked 91st out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Advantage has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First Advantage has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 10.98%

Earnings Growth

Earnings for First Advantage are expected to grow by 10.98% in the coming year, from $0.82 to $0.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Advantage is 608.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 131.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Advantage is 608.33, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 46.32.

Price to Book Value per Share Ratio

First Advantage has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FA.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

First Advantage does not currently pay a dividend.

Dividend Growth

First Advantage does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FA.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.79

News Sentiment

First Advantage has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for First Advantage this week, compared to 9 articles on an average week.

Search Interest

1 people have searched for FA on MarketBeat in the last 30 days.

MarketBeat Follows

4 people have added First Advantage to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First Advantage insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.30% of the stock of First Advantage is held by insiders.

Percentage Held by Institutions

94.91% of the stock of First Advantage is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FA Stock Analysis - Frequently Asked Questions

How have FA shares performed this year?

First Advantage's stock was trading at $16.57 on January 1st, 2024. Since then, FA stock has increased by 10.1% and is now trading at $18.25.
View the best growth stocks for 2024 here.

How were First Advantage's earnings last quarter?

First Advantage Co. (NYSE:FA) issued its earnings results on Tuesday, November, 12th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. The company's quarterly revenue was down .6% compared to the same quarter last year.

When did First Advantage IPO?

First Advantage (FA) raised $298 million in an IPO on Wednesday, June 23rd 2021. The company issued 21,300,000 shares at a price of $13.00-$15.00 per share. Barclays, BofA Securities and J.P. Morgan served as the underwriters for the IPO and Citigroup, Evercore ISI, Jefferies, RBC Capital Markets, Stifel, HSBC, Citizens Capital Markets, KKR, MUFG, Loop Capital Markets, R. Seelaus & Co., LLC, Ramirez & Co., Inc. and Roberts & Ryan were co-managers.

Who are First Advantage's major shareholders?

First Advantage's top institutional investors include FMR LLC (3.85%), Diamond Hill Capital Management Inc. (1.98%), Geode Capital Management LLC (0.75%) and State Street Corp (0.73%). Insiders that own company stock include Joseph K Jaeger, Lake Group LLC Silver, James Lindsey Clark, Joelle M Smith and Bret T Jardine.
View institutional ownership trends.

How do I buy shares of First Advantage?

Shares of FA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of First Advantage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Advantage investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NYSE:FA
• CUSIP: N/A
• CIK: 1210677
• Web: fadv.com
• Phone: 888-314-9761
• Fax: N/A
• Employees: 5,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $58.83
• High Stock Price Target: $249.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +222.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.03
• Trailing P/E Ratio: 608.33
• Forward P/E Ratio: 22.26
• P/E Growth: N/A
• Net Income: $37.29 million
• Net Margins: 0.65%
• Pretax Margin: 0.88%
• Return on Equity: 13.16%
• Return on Assets: 7.33%

Debt

• Debt-to-Equity Ratio: 0.61
• Current Ratio: 3.85
• Quick Ratio: 3.85

Sales & Book Value

• Annual Sales: $755.64 million
• Price / Sales: 4.17
• Cash Flow: $1.91 per share
• Price / Cash Flow: 9.57
• Book Value: $6.25 per share
• Price / Book: 2.92

Miscellaneous

• Outstanding Shares: 172,652,000
• Free Float: 163,501,000
• Market Cap: $3.15 billion
• Optionable: Not Optionable
• Beta: 1.18