First Advantage (NYSE:FA) Earns “Equal Weight” Rating from Barclays

First Advantage (NYSE:FA)‘s stock had its “equal weight” rating reiterated by investment analysts at Barclays in a report issued on Thursday, MarketBeat reports. They currently have a $15.00 price objective on the stock, down from their previous price objective of $20.00. Barclays‘s price target would indicate a potential upside of 1.97% from the stock’s current price.

Several other brokerages have also recently issued reports on FA. BMO Capital Markets decreased their price target on shares of First Advantage from $24.00 to $22.00 and set an “outperform” rating for the company in a research report on Monday, March 3rd. William Blair reaffirmed an “outperform” rating on shares of First Advantage in a research report on Friday, February 28th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $22.00 price target on shares of First Advantage in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.80.

First Advantage Stock Performance

NYSE:FA opened at $14.71 on Thursday. The stock’s 50-day moving average is $15.57 and its 200-day moving average is $17.70. First Advantage has a 1-year low of $12.32 and a 1-year high of $20.79. 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 cap of $2.55 billion, a P/E ratio of 490.33 and a beta of 1.20.

Institutional Trading of First Advantage

A number of large investors have recently bought and sold shares of the business. Summit Investment Advisors Inc. boosted its position in shares of First Advantage by 15.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 6,267 shares of the company’s stock valued at $117,000 after purchasing an additional 832 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of First Advantage by 748.5% during the 1st quarter. GAMMA Investing LLC now owns 6,890 shares of the company’s stock worth $97,000 after buying an additional 6,078 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of First Advantage during the 4th quarter worth approximately $132,000. Two Sigma Securities LLC bought a new stake in shares of First Advantage in the 4th quarter valued at $188,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of First Advantage by 1,219.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,555 shares of the company’s stock valued at $198,000 after acquiring an additional 9,755 shares during the period. 94.91% of the stock is currently owned by institutional investors and hedge funds.

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.