First Advantage Co. (NYSE:FA) Receives Average Recommendation of “Hold” from Analysts

First Advantage Co. (NYSE:FA) has been assigned a consensus rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $19.25.

FA has been the subject of several research reports. JPMorgan Chase & Co. reduced their target price on First Advantage from $21.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Zacks Research lowered First Advantage from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th.

Institutional Trading of First Advantage

Hedge funds and other institutional investors have recently bought and sold shares of the business. Picton Mahoney Asset Management bought a new position in shares of First Advantage in the fourth quarter valued at $378,000. Foyston Gordon & Payne Inc acquired a new stake in shares of First Advantage in the 4th quarter worth about $235,000. Deutsche Bank AG lifted its position in First Advantage by 13.6% in the 4th quarter. Deutsche Bank AG now owns 67,815 shares of the company’s stock valued at $985,000 after acquiring an additional 8,108 shares in the last quarter. Capital World Investors boosted its stake in First Advantage by 9.4% during the 4th quarter. Capital World Investors now owns 9,098,714 shares of the company’s stock valued at $132,204,000 after purchasing an additional 780,200 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in First Advantage by 73.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 241,233 shares of the company’s stock worth $3,505,000 after purchasing an additional 102,002 shares in the last quarter. Institutional investors own 94.91% of the company’s stock.

First Advantage Trading Down 1.5%

NYSE:FA opened at $10.97 on Friday. First Advantage has a 12 month low of $10.35 and a 12 month high of $20.27. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 365.67 and a beta of 1.17. The firm has a fifty day simple moving average of $14.24 and a two-hundred day simple moving average of $14.76.

About First Advantage

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.