First Advantage Co. (NYSE:FA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of First Advantage Co. (NYSE:FA) have been given an average rating of “Moderate Buy” by the ten analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $53.29.

A number of equities research analysts have commented on the company. Barclays reissued an “overweight” rating and issued a $22.00 price objective on shares of First Advantage in a research note on Wednesday, November 20th. BMO Capital Markets started coverage on shares of First Advantage in a research report on Wednesday, December 11th. They issued an “outperform” rating and a $20.00 price target for the company. Royal Bank of Canada restated an “outperform” rating and set a $22.00 price objective on shares of First Advantage in a report on Thursday, January 23rd. William Blair reiterated an “outperform” rating on shares of First Advantage in a report on Wednesday, December 11th. Finally, Needham & Company LLC restated a “hold” rating on shares of First Advantage in a report on Wednesday, November 13th.

Institutional Investors Weigh In On First Advantage

A number of institutional investors have recently added to or reduced their stakes in FA. Summit Investment Advisors Inc. boosted its stake in shares of First Advantage by 15.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 6,267 shares of the company’s stock worth $117,000 after buying an additional 832 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in First Advantage during the fourth quarter worth $132,000. Two Sigma Securities LLC purchased a new position in First Advantage in the fourth quarter worth $188,000. Tower Research Capital LLC TRC boosted its position in First Advantage by 1,219.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,555 shares of the company’s stock worth $198,000 after purchasing an additional 9,755 shares during the last quarter. Finally, Pictet Asset Management Holding SA bought a new position in First Advantage in the 4th quarter valued at $210,000. 94.91% of the stock is owned by institutional investors.

First Advantage Price Performance

FA stock opened at $18.24 on Friday. First Advantage has a 1 year low of $14.01 and a 1 year high of $20.79. The stock has a market capitalization of $3.15 billion, a PE ratio of 608.00 and a beta of 1.17. The company’s 50-day moving average is $18.71 and its 200-day moving average is $18.83. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.85 and a quick ratio of 3.85.

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.