William Blair Boosts Earnings Estimates for First Advantage

First Advantage Co. (NYSE:FA) – Analysts at William Blair lifted their Q2 2025 EPS estimates for shares of First Advantage in a report released on Wednesday, December 11th. William Blair analyst A. Nicholas now expects that the company will post earnings per share of $0.22 for the quarter, up from their prior estimate of $0.19. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for First Advantage’s current full-year earnings is $0.75 per share. William Blair also issued estimates for First Advantage’s Q3 2025 earnings at $0.26 EPS and FY2025 earnings at $0.88 EPS.

First Advantage (NYSE:FA) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. The firm had revenue of $199.10 million during the quarter, compared to analysts’ expectations of $204.39 million. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. First Advantage’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.25 EPS.

Several other equities analysts have also recently issued reports on FA. Needham & Company LLC reaffirmed a “hold” rating on shares of First Advantage in a report on Wednesday, November 13th. Citigroup upped their target price on First Advantage from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, September 25th. Barclays reissued an “overweight” rating and set a $22.00 price objective on shares of First Advantage in a research note on Wednesday, November 20th. Wolfe Research lowered First Advantage from an “outperform” rating to a “peer perform” rating in a research report on Thursday, October 10th. Finally, Royal Bank of Canada initiated coverage on First Advantage in a research report on Friday, November 15th. They set an “outperform” rating and a $22.00 price target for the company. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $53.29.

First Advantage Stock Performance

Shares of FA stock opened at $19.34 on Monday. First Advantage has a 12-month low of $14.01 and a 12-month 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 50 day simple moving average of $18.96 and a 200-day simple moving average of $18.04. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 644.67 and a beta of 1.17.

Institutional Trading of First Advantage

A number of hedge funds have recently made changes to their positions in FA. FMR LLC grew its holdings in First Advantage by 50.8% during the 3rd quarter. FMR LLC now owns 5,600,026 shares of the company’s stock valued at $111,161,000 after purchasing an additional 1,886,716 shares in the last quarter. Fred Alger Management LLC acquired a new stake in shares of First Advantage during the second quarter valued at about $12,906,000. Jennison Associates LLC purchased a new stake in shares of First Advantage during the third quarter worth about $6,628,000. Dimensional Fund Advisors LP lifted its stake in shares of First Advantage by 8.8% in the second quarter. Dimensional Fund Advisors LP now owns 3,131,188 shares of the company’s stock worth $50,314,000 after acquiring an additional 254,219 shares in the last quarter. Finally, State Street Corp boosted its holdings in First Advantage by 6.1% in the third quarter. State Street Corp now owns 1,253,081 shares of the company’s stock valued at $24,874,000 after purchasing an additional 72,400 shares during the last quarter. Hedge funds and other institutional investors 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.