First Advantage (FA) Scheduled to Post Earnings on Tuesday

First Advantage (NYSE:FA) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect First Advantage to post earnings of $0.23 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

First Advantage (NYSE:FA) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.21. The business had revenue of $184.55 million for the quarter, compared to analyst estimates of $184.66 million. First Advantage had a net margin of 3.24% and a return on equity of 13.94%. The company’s revenue was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 EPS. On average, analysts expect First Advantage to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Advantage Price Performance

Shares of First Advantage stock opened at $18.48 on Friday. The firm has a market cap of $2.69 billion, a PE ratio of 21.96 and a beta of 1.18. First Advantage has a 12-month low of $13.11 and a 12-month high of $20.75. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.61. The company’s fifty day simple moving average is $19.17 and its two-hundred day simple moving average is $17.56.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Truist Financial dropped their target price on shares of First Advantage from $250.00 to $249.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. Citigroup raised their target price on shares of First Advantage from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th. Finally, Wolfe Research cut shares of First Advantage from an “outperform” rating to a “peer perform” rating in a research report on Thursday, October 10th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, First Advantage currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.25.

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.