First Advantage (NYSE:FA) Given New $34.00 Price Target at Barclays

First Advantage (NYSE:FA) had its price objective upped by Barclays from $30.00 to $34.00 in a research note published on Friday,Benzinga reports. They currently have an overweight rating on the stock.

FA has been the topic of several other reports. Needham & Company LLC boosted their target price on First Advantage from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday. Zacks Research downgraded First Advantage from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Citigroup lifted their price target on First Advantage from $18.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $26.00 price target on shares of First Advantage in a research report on Friday. Finally, Royal Bank Of Canada upped their price target on shares of First Advantage from $21.00 to $24.00 and gave the stock a “sector perform” rating in a research note on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $24.57.

First Advantage Stock Up 1.7%

Shares of NYSE FA traded up $0.40 on Friday, reaching $23.53. 1,137,081 shares of the company’s stock traded hands, compared to its average volume of 1,536,351. First Advantage has a 12 month low of $8.82 and a 12 month high of $25.15. The business’s 50 day simple moving average is $20.29 and its two-hundred day simple moving average is $16.55. The company has a market cap of $4.04 billion, a price-to-earnings ratio of 784.33 and a beta of 1.12. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61.

First Advantage (NYSE:FA) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. First Advantage had a return on equity of 13.16% and a net margin of 0.65%. During the same period in the previous year, the company posted $0.30 EPS. The business’s revenue was up 13.8% on a year-over-year basis. As a group, equities research analysts forecast that First Advantage will post 0.74 EPS for the current fiscal year.

Hedge Funds Weigh In On First Advantage

A number of hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in First Advantage in the 2nd quarter valued at approximately $217,748,000. Bamco Inc. NY bought a new stake in shares of First Advantage in the 2nd quarter worth $63,214,000. Sunriver Management LLC raised its stake in shares of First Advantage by 14.0% in the first quarter. Sunriver Management LLC now owns 3,032,711 shares of the company’s stock worth $35,665,000 after purchasing an additional 371,425 shares during the last quarter. Palisade Capital Management LP purchased a new position in shares of First Advantage in the second quarter worth $14,533,000. Finally, Leith Wheeler Investment Counsel Ltd. lifted its holdings in shares of First Advantage by 22.8% during the first quarter. Leith Wheeler Investment Counsel Ltd. now owns 728,332 shares of the company’s stock valued at $8,565,000 after purchasing an additional 135,418 shares in the last quarter. 94.91% of the stock is currently owned by hedge funds and other institutional investors.

More First Advantage News

Here are the key news stories impacting First Advantage this week:

• Positive Sentiment: Q3 adjusted EPS was $0.38, above the $0.34 consensus and up from $0.30 a year earlier. Revenue increased 13.8% year over year. First Advantage Reports Third Quarter 2026 Results
• Positive Sentiment: First Advantage raised its full-year 2026 revenue outlook to $1.72 billion–$1.745 billion, signaling stronger expected business performance. First Advantage revenue outlook
• Positive Sentiment: Barclays raised its price target from $30 to $34 and maintained an Overweight rating; Needham lifted its target from $28 to $30 and kept a Buy rating. The higher targets reflect improved analyst expectations. Barclays recommendations Needham recommendations
• Positive Sentiment: The company acquired AI- and automation-focused Data Diver Technologies for approximately $125 million, advancing its proprietary data and technology strategy. First Advantage acquires Data Diver Technologies

About First Advantage

First Advantage Corporation (NYSE: FA) is a global human capital and background screening company that helps employers make informed hiring, onboarding and workforce-management decisions. Its technology and services are used by organizations across industries to assess candidates and support compliance throughout the employment lifecycle.

The company provides employment background checks, criminal-record searches, employment and education verification, identity services, drug and health screening, driving-record checks, international screening and continuous workforce monitoring.