First Advantage (FA) Scheduled to Post Earnings on Tuesday

First Advantage (NYSE:FA) will post 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 interested in participating in the company’s earnings conference call can do so using this link.

First Advantage (NYSE:FA) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. First Advantage had a net margin of 3.24% and a return on equity of 13.94%. The business had revenue of $184.55 million during the quarter, compared to analyst estimates of $184.66 million. During the same period last year, the business earned $0.24 EPS. First Advantage’s revenue was down .4% compared to the same quarter last year. 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 Stock Performance

Shares of FA stock opened at $18.48 on Friday. The company has a 50 day moving average price of $19.17 and a 200-day moving average price of $17.56. First Advantage has a 52 week low of $13.11 and a 52 week high of $20.75. The firm has a market capitalization of $2.69 billion, a PE ratio of 21.96 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.

Wall Street Analysts Forecast Growth

FA has been the subject of a number of research analyst reports. Wolfe Research lowered shares of First Advantage from an “outperform” rating to a “peer perform” rating in a research note on Thursday, October 10th. Truist Financial reduced their price target on shares of First Advantage from $250.00 to $249.00 and set a “buy” rating for the company in a research note on Monday, July 22nd. Finally, Citigroup lifted their price target on shares of First Advantage from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note 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 company’s stock. Based on data from MarketBeat.com, First Advantage currently has an average rating of “Moderate Buy” and a consensus target price of $77.25.

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.