First Advantage (NYSE:FA – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21, Briefing.com reports. First Advantage had a return on equity of 14.12% and a net margin of 4.28%. The firm had revenue of $184.55 million during the quarter, compared to analyst estimates of $184.66 million. During the same period in the prior year, the company posted $0.24 earnings per share. The business’s revenue for the quarter was down .4% compared to the same quarter last year. First Advantage updated its FY24 guidance to $0.88 to $0.98 EPS and its FY 2024 guidance to 0.880-0.980 EPS.
First Advantage Stock Down 1.1 %
First Advantage stock traded down $0.19 during midday trading on Friday, reaching $16.98. The stock had a trading volume of 498,098 shares, compared to its average volume of 432,819. The firm’s fifty day simple moving average is $16.41 and its 200-day simple moving average is $16.30. The stock has a market capitalization of $2.47 billion, a P/E ratio of 77.18, a price-to-earnings-growth ratio of 3.27 and a beta of 1.14. First Advantage has a 1-year low of $12.46 and a 1-year high of $17.49. The company has a debt-to-equity ratio of 0.62, a quick ratio of 4.29 and a current ratio of 4.29.
Insider Activity at First Advantage
In related news, insider Joseph K. Jaeger sold 7,331 shares of the business’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $16.08, for a total value of $117,882.48. Following the completion of the sale, the insider now directly owns 688,967 shares in the company, valued at approximately $11,078,589.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Joseph K. Jaeger sold 7,331 shares of the business’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $16.08, for a total value of $117,882.48. Following the completion of the sale, the insider now directly owns 688,967 shares in the company, valued at approximately $11,078,589.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James Lindsey Clark sold 5,603 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $16.25, for a total value of $91,048.75. Following the sale, the director now owns 45,027 shares of the company’s stock, valued at $731,688.75. The disclosure for this sale can be found here. Insiders sold 15,034 shares of company stock worth $241,439 in the last ninety days. 5.30% of the stock is owned by company insiders.
Analyst Ratings Changes
View Our Latest Research Report on First Advantage
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.
Featured Articles
- Five stocks we like better than First Advantage
- Buy P&G Now, Before It Sets A New All-Time High
- Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- MarketBeat Week in Review – 8/5 – 8/9
- What Are Growth Stocks and Investing in Them
- The Cannabis Sector: Profitability Takes Center Stage
Receive News & Ratings for First Advantage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Advantage and related companies with MarketBeat.com's FREE daily email newsletter.