2 weeks Ago By ABMN Staff
Shares of First Advantage Co. ( NYSE:FA – Get Free Report ) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company.
The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $77.25. Several research firms recently issued reports on FA.
Citigroup increased their price target on shares of First Advantage from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday.
Truist Financial dropped their price target on shares of First Advantage from $250.00 to $249.00 and set a “buy” rating for the company in a research report on Monday, July 22nd.
Read Our Latest Stock Analysis on FA First Advantage Stock Up 0.7 % First Advantage ( NYSE:FA – Get Free Report ) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.
21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. The business had revenue of $184.
55 million during the quarter, compared to analyst estimates of $184.66 million. First Advantage had a net margin of 3.
24% and a return on equity of 13.94%. The firm’s revenue for the quarter was down .
4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.24 earnings per share.
As a group, equities research analysts anticipate that First Advantage will post 0.82 EPS for the current year. Hedge Funds Weigh In On First Advantage Hedge funds and other institutional investors have recently bought and sold shares of the business.
Truist Financial Corp bought a new position in shares of First Advantage during the second quarter worth $234,000. Quarry LP boosted its position in shares of First Advantage by 49.7% during the second quarter.
Quarry LP now owns 2,607 shares of the company’s stock worth $42,000 after purchasing an additional 865 shares in the last quarter. Fred Alger Management LLC bought a new position in shares of First Advantage during the second quarter worth $12,906,000. Marshall Wace LLP bought a new position in shares of First Advantage during the second quarter worth $209,000.
Finally, Sei Investments Co. boosted its position in shares of First Advantage by 27.5% during the second quarter.
Sei Investments Co. now owns 126,159 shares of the company’s stock worth $2,027,000 after purchasing an additional 27,237 shares in the last quarter. 94.
91% of the stock is owned by institutional investors. About First Advantage ( Get Free Report 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.
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