First Advantage (NYSE:FA – Get Free Report) released its earnings results on Thursday. The company reported $0.21 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 analysts’ expectations of $184.66 million. During the same period in the previous year, the firm posted $0.24 EPS. First Advantage’s revenue for the quarter was down .4% on a year-over-year basis. 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 %
NYSE FA traded down $0.19 during trading on Friday, reaching $16.98. 498,098 shares of the company’s stock were exchanged, compared to its average volume of 432,819. 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. The stock has a market cap 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. The company has a 50 day moving average price of $16.41 and a two-hundred day moving average price of $16.30.
Insider Activity
In other news, Director James Lindsey Clark sold 2,100 shares of the business’s stock in a transaction dated Wednesday, June 26th. The stock was sold at an average price of $15.48, for a total value of $32,508.00. Following the completion of the sale, the director now directly owns 42,927 shares of the company’s stock, valued at approximately $664,509.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other First Advantage news, Director James Lindsey Clark sold 2,100 shares of the company’s stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of $15.48, for a total transaction of $32,508.00. Following the completion of the sale, the director now directly owns 42,927 shares of the company’s stock, valued at approximately $664,509.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Joseph K. Jaeger sold 7,331 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $16.08, for a total value of $117,882.48. Following the sale, the insider now directly owns 688,967 shares of the company’s stock, valued at $11,078,589.36. The disclosure for this sale can be found here. In the last three months, insiders sold 15,034 shares of company stock valued at $241,439. Insiders own 5.30% of the company’s stock.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on First Advantage
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.
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