First Advantage (NYSE:FA) Earns Outperform Rating from William Blair

First Advantage (NYSE:FA)‘s stock had its “outperform” rating reaffirmed by William Blair in a research report issued on Wednesday,RTT News reports.

FA has been the subject of a number of other research reports. Truist Financial lowered their target price on First Advantage from $250.00 to $249.00 and set a “buy” rating for the company in a research note on Monday, July 22nd. Wolfe Research lowered First Advantage from an “outperform” rating to a “peer perform” rating in a research report on Thursday, October 10th. Finally, Citigroup raised their price objective on First Advantage from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, September 25th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, First Advantage presently has an average rating of “Moderate Buy” and an average target price of $77.25.

First Advantage Trading Up 0.1 %

FA opened at $18.58 on Wednesday. The stock has a market cap of $2.70 billion, a PE ratio of 116.13 and a beta of 1.18. 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 business has a 50 day moving average of $19.15 and a 200-day moving average of $17.61. First Advantage has a 52 week low of $13.38 and a 52 week high of $20.79.

Institutional Trading of First Advantage

Institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP increased its holdings in shares of First Advantage by 49.7% in the 2nd quarter. Quarry LP now owns 2,607 shares of the company’s stock worth $42,000 after purchasing an additional 865 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of First Advantage in the second quarter worth $209,000. Oppenheimer Asset Management Inc. bought a new stake in shares of First Advantage in the second quarter worth $211,000. Truist Financial Corp bought a new stake in shares of First Advantage in the second quarter worth $234,000. Finally, Intech Investment Management LLC bought a new stake in shares of First Advantage in the third quarter worth $250,000. Institutional investors own 94.91% of the company’s stock.

About First Advantage

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.