First Advantage (NYSE:FA – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.980-1.020 for the period, compared to the consensus estimate of 0.910. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on FA. Needham & Company LLC reaffirmed a “hold” rating on shares of First Advantage in a research note on Thursday, August 21st. Zacks Research downgraded shares of First Advantage from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $20.00.
Read Our Latest Report on First Advantage
First Advantage Trading Up 6.7%
First Advantage (NYSE:FA – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. The company’s revenue was up 105.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 earnings per share. First Advantage has set its FY 2025 guidance at 0.980-1.020 EPS. Equities research analysts anticipate that First Advantage will post 0.74 EPS for the current fiscal year.
Insider Activity at First Advantage
In other news, President Joelle M. Smith sold 9,900 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $15.70, for a total transaction of $155,430.00. Following the completion of the sale, the president owned 42,727 shares of the company’s stock, valued at $670,813.90. This trade represents a 18.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 3.90% of the stock is currently owned by company insiders.
Institutional Trading of First Advantage
Several large investors have recently modified their holdings of the stock. Quantbot Technologies LP bought a new position in First Advantage during the 2nd quarter valued at $81,000. BNP Paribas Financial Markets raised its stake in shares of First Advantage by 105.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock worth $119,000 after purchasing an additional 3,682 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of First Advantage by 503.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,932 shares of the company’s stock worth $132,000 after purchasing an additional 6,617 shares during the period. Prudential Financial Inc. bought a new stake in shares of First Advantage during the 2nd quarter worth $167,000. Finally, Brighton Jones LLC bought a new stake in shares of First Advantage during the 4th quarter worth $257,000. Institutional investors and hedge funds own 94.91% of the company’s stock.
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.
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