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Industrials - Specialty Business Services - NASDAQ - US
$ 17.5
-1.96 %
$ 3.02 B
Market Cap
583.33
P/E
1. INTRINSIC VALUE

First Advantage Corporation provides technology solutions for screening, verifications, safety, and compliance related to human capital 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. The company also provides post-onboarding solutions, including criminal records monitoring, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and fleet/vehicle compliance, hiring tax credits and incentives, resident/tenant screening, and investigative research. Its products and solutions are used by personnel in recruiting, human resources, risk, compliance, vendor management, safety, and/or security in global enterprises, mid-sized, and small companies.[ Read More ]

The intrinsic value of one FA stock under the base case scenario is HIDDEN Compared to the current market price of 17.5 USD, First Advantage Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FA

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FINANCIALS
764 M REVENUE
-5.71%
81.5 M OPERATING INCOME
-13.54%
37.3 M NET INCOME
-42.27%
163 M OPERATING CASH FLOW
-23.48%
-66.8 M INVESTING CASH FLOW
-37.56%
-274 M FINANCING CASH FLOW
-362.45%
199 M REVENUE
7.90%
9.11 M OPERATING INCOME
-7.98%
-8.86 M NET INCOME
-476.09%
43.5 M OPERATING CASH FLOW
35.72%
-7.9 M INVESTING CASH FLOW
-16.56%
942 K FINANCING CASH FLOW
297.90%
Balance Sheet Decomposition First Advantage Corporation
image
Current Assets 374 M
Cash & Short-Term Investments 214 M
Receivables 146 M
Other Current Assets 13.4 M
Non-Current Assets 1.26 B
Long-Term Investments 0
PP&E 79.4 M
Other Non-Current Assets 1.18 B
Current Liabilities 85 M
Accounts Payable 47 M
Short-Term Debt 6.71 M
Other Current Liabilities 31.3 M
Non-Current Liabilities 639 M
Long-Term Debt 564 M
Other Non-Current Liabilities 74.5 M
EFFICIENCY
Earnings Waterfall First Advantage Corporation
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Revenue 764 M
Cost Of Revenue 566 M
Gross Profit 198 M
Operating Expenses 682 M
Operating Income 81.5 M
Other Expenses 44.2 M
Net Income 37.3 M
RATIOS
25.96% GROSS MARGIN
25.96%
10.67% OPERATING MARGIN
10.67%
4.88% NET MARGIN
4.88%
4.11% ROE
4.11%
2.29% ROA
2.29%
4.27% ROIC
4.27%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis First Advantage Corporation
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Net Income 37.3 M
Depreciation & Amortization 129 M
Capital Expenditures -27.7 M
Stock-Based Compensation 15.3 M
Change in Working Capital -3.2 M
Others 6.45 M
Free Cash Flow 135 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets First Advantage Corporation
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Wall Street analysts predict an average 1-year price target for FA of $21 , with forecasts ranging from a low of $21 to a high of $21 .
FA Lowest Price Target Wall Street Target
21 USD 20.00%
FA Average Price Target Wall Street Target
21 USD 20.00%
FA Highest Price Target Wall Street Target
21 USD 20.00%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
1.5 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership First Advantage Corporation
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
294 K USD 2
6-9 MONTHS
161 K USD 1
9-12 MONTHS
339 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 12, 2024
Sell 170 K USD
Jaeger Joseph K.
President, Americas
- 10000
17.0334 USD
4 months ago
Jun 26, 2024
Sell 32.5 K USD
Clark James Lindsey
Director
- 2100
15.48 USD
5 months ago
Jun 10, 2024
Sell 91 K USD
Clark James Lindsey
Director
- 5603
16.25 USD
6 months ago
May 13, 2024
Sell 118 K USD
Jaeger Joseph K.
President, Americas
- 7331
16.0822 USD
6 months ago
May 14, 2024
Sell 43 K USD
Jaeger Joseph K.
President, Americas
- 2669
16.1009 USD
9 months ago
Feb 12, 2024
Sell 339 K USD
Jaeger Joseph K.
President, Americas
- 20000
16.9451 USD
1 year ago
Sep 14, 2023
Sell 144 K USD
Smith Joelle M
See Remarks
- 10000
14.3909 USD
1 year ago
Sep 15, 2023
Sell 2.42 M USD
Silver Lake Group, L.L.C.
director, 10 percent owner:
- 169510
14.2897 USD
1 year ago
Aug 16, 2023
Sell 182 K USD
Jardine Bret T
See Remarks
- 12000
15.2 USD
3 years ago
Nov 15, 2021
Sell 305 M USD
SLTA V (GP), L.L.C.
director, 10 percent owner:
- 15786333
19.3 USD
3 years ago
Nov 16, 2021
Sell 1.05 M USD
SLTA V (GP), L.L.C.
director, 10 percent owner:
- 54134
19.34 USD
3 years ago
Nov 16, 2021
Sell 116 K USD
SLTA V (GP), L.L.C.
director, 10 percent owner:
- 5991
19.34 USD
3 years ago
Nov 17, 2021
Sell 162 K USD
SLTA V (GP), L.L.C.
director, 10 percent owner:
- 8337
19.48 USD
3 years ago
Nov 15, 2021
Sell 6.68 M USD
Staples Scott
Chief Executive Officer
- 346134
19.3 USD
3 years ago
Nov 15, 2021
Sell 656 K USD
Jaeger Joseph K.
President, Americas
- 34013
19.3 USD
3 years ago
Nov 15, 2021
Sell 68.5 K USD
Jardine Bret T
See Remarks
- 3551
19.3 USD
3 years ago
Nov 15, 2021
Sell 645 K USD
GAMSEY DAVID L
EVP & Chief Financial Officer
- 33432
19.3 USD
3 years ago
Jun 25, 2021
Sell 189 K USD
Jaeger Joseph K.
President, Americas
- 13477
14.025 USD
3 years ago
Jun 25, 2021
Sell 252 K USD
GAMSEY DAVID L
EVP & Chief Financial Officer
- 17969
14.025 USD
3 years ago
Jun 25, 2021
Sell 3.58 M USD
Staples Scott
Chief Executive Officer
- 255540
14.025 USD
3 years ago
Jun 25, 2021
Sell 81.3 M USD
Silver Lake Group, L.L.C.
director, 10 percent owner:
- 5796929
14.025 USD
15 years ago
Nov 18, 2009
Bought 0 USD
MACDONALD ANDREW D
President, EHP and SAMI
+ 23.22
0 USD
15 years ago
Nov 18, 2009
Sell 0 USD
MACDONALD ANDREW D
President, EHP and SAMI
- 23.22
0 USD
15 years ago
Nov 18, 2009
Bought 0 USD
STEINBACH LISA
VP-Corporate Controller
+ 16.2
0 USD
14 years ago
Nov 23, 2009
Sell 0 USD
STEINBACH LISA
VP-Corporate Controller
- 16.2
0 USD
15 years ago
Nov 18, 2009
Bought 0 USD
Jardine Bret T
Corporate Secretary
+ 13.5
0 USD
15 years ago
Nov 18, 2009
Sell 0 USD
Jardine Bret T
Corporate Secretary
- 13.5
0 USD
15 years ago
Nov 17, 2009
Bought 0 USD
FIRST AMERICAN CORP
10 percent owner
+ 99246
0 USD
15 years ago
Nov 16, 2009
Bought 0 USD
FIRST AMERICAN CORP
10 percent owner
+ 253470
0 USD
15 years ago
Nov 18, 2009
Bought 0 USD
FIRST AMERICAN CORP
10 percent owner
+ 1640557
0 USD
15 years ago
Nov 13, 2009
Bought 0 USD
FIRST AMERICAN CORP
10 percent owner
+ 131145
0 USD
15 years ago
Nov 12, 2009
Bought 0 USD
FIRST AMERICAN CORP
10 percent owner
+ 298866
0 USD
15 years ago
Nov 11, 2009
Bought 0 USD
FIRST AMERICAN CORP
10 percent owner
+ 150452
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
FIRST AMERICAN CORP
10 percent owner
+ 13042060
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
MEHTA AKSHAYA
Exec Vice President
- 46292.13
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
MEHTA AKSHAYA
Exec Vice President
- 691.87
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
MACDONALD ANDREW D
President, EHP and SAMI
- 15623
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
MACDONALD ANDREW D
President, EHP and SAMI
+ 260
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
MACDONALD ANDREW D
President, EHP and SAMI
- 692
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
NALLATHAMBI ANAND K
CEO and President
- 82841
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
NALLATHAMBI ANAND K
CEO and President
+ 0.72
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
NALLATHAMBI ANAND K
CEO and President
- 262
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
CHATHAM J DAVID
Director
- 4444
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
Milligan Thomas M
Corporate Treasurer
+ 3941
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
Milligan Thomas M
Corporate Treasurer
+ 231
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
Milligan Thomas M
Corporate Treasurer
- 998
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
BARNETT EVAN T
Group President
- 12982
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
BARNETT EVAN T
Group President
- 692
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
Jardine Bret T
Corporate Secretary
+ 275
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
Jardine Bret T
Corporate Secretary
- 199
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
Jardine Bret T
Corporate Secretary
- 275
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
LAMSON JOHN
Chief Financial Officer
- 42114
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
LAMSON JOHN
Chief Financial Officer
+ 2290.62
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
LAMSON JOHN
Chief Financial Officer
- 5210
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
MAVIS TODD L
EVP of Operations
+ 2624
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
MAVIS TODD L
EVP of Operations
- 11880
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
STEINBACH LISA
VP-Corporate Controller
+ 2195.87
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
STEINBACH LISA
VP-Corporate Controller
+ 3045
0 USD
15 years ago
Nov 10, 2009
Bought 0 USD
STEINBACH LISA
VP-Corporate Controller
+ 1277.53
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
STEINBACH LISA
VP-Corporate Controller
- 18216
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
KANIN LOVERS JILL
Director
- 2944
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
WALKER DAVID F
Director
- 5944
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
ROBERT DON
Director
- 7944
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
KENNEDY PARKER S
Director
- 25153
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
NICKELSON DONALD E
Director
- 2944
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
McMahon Frank Vincent
Director
- 1251
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
CONNELLY D BARRY
Director
- 2944
0 USD
15 years ago
Nov 10, 2009
Sell 0 USD
SKILLING DAVID VAN
Director
- 7944
0 USD
15 years ago
May 13, 2009
Bought 9.73 K USD
MAVIS TODD L
EVP of Operations
+ 814
11.95 USD
15 years ago
May 13, 2009
Bought 2.2 K USD
MAVIS TODD L
EVP of Operations
+ 186
11.85 USD
15 years ago
May 06, 2009
Bought 7.69 K USD
MAVIS TODD L
EVP of Operations
+ 600
12.82 USD
15 years ago
May 06, 2009
Bought 5.12 K USD
MAVIS TODD L
EVP of Operations
+ 400
12.8 USD
15 years ago
Apr 30, 2009
Sell 1.45 K USD
Tischler Howard
Division President
- 100
14.5 USD
15 years ago
Apr 30, 2009
Sell 30.9 K USD
Tischler Howard
Division President
- 2200.7293
14.05 USD
15 years ago
Apr 30, 2009
Sell 27 K USD
Tischler Howard
Division President
- 2000
13.5 USD
15 years ago
Apr 29, 2009
Sell 6.75 K USD
Tischler Howard
Division President
- 500
13.5 USD
15 years ago
Apr 29, 2009
Sell 24.1 K USD
BARNETT EVAN T
Group President
- 1955
12.3046 USD
15 years ago
Apr 29, 2009
Sell 16.2 K USD
BARNETT EVAN T
Group President
- 1273
12.75 USD
15 years ago
Apr 29, 2009
Sell 56.8 K USD
BARNETT EVAN T
Group President
- 4440
12.8 USD
15 years ago
Apr 29, 2009
Sell 17.1 K USD
BARNETT EVAN T
Group President
- 1278
13.359 USD
15 years ago
Apr 29, 2009
Sell 59.3 K USD
BARNETT EVAN T
Group President
- 4439
13.35 USD
15 years ago
Mar 05, 2009
Sell 8.97 K USD
Jardine Bret T
Corporate Secretary
- 896
10.01 USD
7. News
First Advantage: Sterling Acquisition Leads To Leveraged Balance Sheet, Poor Returns First Advantage Corporation's acquisition of Sterling Check led to a leveraged balance sheet and overvalued shares, impacting capital returns negatively. The company aims to integrate Sterling, achieve cost synergies, and focus on deleveraging to improve financial stability and future growth prospects. Despite strong industry positioning, high leverage and limited capital returns make First Advantage less attractive for long-term investors. seekingalpha.com - 4 days ago
First Advantage Corporation (FA) Q3 2024 Earnings Call Transcript First Advantage Corporation (NASDAQ:FA ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Stephanie Gorman - Vice President of Investor Relations Scott Staples - Chief Executive Officer David Gamsey - Outgoing Chief Financial Officer Steven Marks - Chief Financial Officer Conference Call Participants Shlomo Rosenbaum - Stifel Andrew Steinerman - JPMorgan Andrew Nicholas - William Blair Manav Patnaik - Barclays Scott Wurtzel - Wolfe Research Operator Good day, everyone. My name is Ashley and I will be your conference operator today. seekingalpha.com - 4 days ago
First Advantage (FA) Beats Q3 Earnings Estimates First Advantage (FA) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.28 per share a year ago. zacks.com - 4 days ago
First Advantage Reports Third Quarter 2024 Results Completed Acquisition of Sterling on October 31; Maintains Standalone Full-Year 2024 Guidance and Issues Combined Company Guidance including Sterling Completed Acquisition of Sterling on October 31; Maintains Standalone Full-Year 2024 Guidance and Issues Combined Company Guidance including Sterling globenewswire.com - 5 days ago
Strength Seen in First Advantage (FA): Can Its 6.7% Jump Turn into More Strength? First Advantage (FA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. zacks.com - 1 week ago
First Advantage to Participate in Upcoming Investor Conferences ATLANTA, Nov. 07, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening, identity, and verification solutions, today announced the Company's management team will host investor meetings and speak at the following investor conferences in November: globenewswire.com - 1 week ago
First Advantage Completes Acquisition of Sterling Check for $2.2 Billion ATLANTA, Oct. 31, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading global provider of employment background screening, identity, and verification solutions, today announced that it has completed its acquisition of Sterling Check Corp. (the “transaction”). Valued at $2.2 billion, including the assumption of Sterling's outstanding debt, the acquisition combines industry leading platforms and innovative solutions to deliver an enhanced customer experience while expanding and diversifying First Advantage's vertical and geographic exposure, creating a more well-balanced portfolio. globenewswire.com - 2 weeks ago
First Advantage to Release Third Quarter 2024 Financial Results and Hold Investor Conference Call on November 12, 2024 ATLANTA, Oct. 22, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of employment background screening, identity, and verification solutions, will issue its third quarter 2024 financial results on Tuesday, November 12, 2024 prior to the Company's earnings conference call, which will be held at 8:30 a.m. ET on the same day. globenewswire.com - 3 weeks ago
First Advantage and Sterling Announce Election Deadline for Sterling Stockholders to Elect Merger Consideration ATLANTA and INDEPENDENCE, Ohio, Oct. 21, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA) and Sterling Check Corp. (NASDAQ:STER) today announced that the deadline for (i) record holders of vested shares of Sterling common stock and (ii) eligible holders of Sterling common stock equivalents (Sterling common stock equivalents is defined as “Company Common Stock Equivalents” in the Merger Agreement (as defined below)) and unvested shares of Sterling common stock to elect the form of merger consideration they wish to receive in connection with First Advantage's acquisition of Sterling (the "Transaction") is 5:00 p.m. Eastern Time on October 24, 2024 (such deadline, as it may be extended, the "Election Deadline"), pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of February 28, 2024, by and among First Advantage, Sterling, and Starter Merger Sub, Inc., a Delaware corporation and an indirect, wholly-owned subsidiary of First Advantage. Sterling stockholders who hold shares through a bank, broker or other nominee may be subject to an earlier election deadline and should carefully review any materials they received from their bank, broker or other nominee. The parties expect to close the Transaction on October 31, 2024, subject to the receipt of regulatory clearances and approvals and the satisfaction or waiver of other customary closing conditions. If such clearances, approvals and conditions are not received or satisfied as expected, the parties may elect to extend the Election Deadline and the anticipated closing of the Transaction will be a later date. globenewswire.com - 3 weeks ago
Is the Options Market Predicting a Spike in First Advantage (FA) Stock? Investors need to pay close attention to First Advantage (FA) stock based on the movements in the options market lately. zacks.com - 4 weeks ago
First Advantage Releases Third Annual Sustainability Report Background Screening Provider Reaffirms Commitment to Core Values and Responsible Business Practices to the Benefit of Its Global Workforce and Customer Base Background Screening Provider Reaffirms Commitment to Core Values and Responsible Business Practices to the Benefit of Its Global Workforce and Customer Base globenewswire.com - 1 month ago
Is the Options Market Predicting a Spike in First Advantage (FA) Stock? Investors need to pay close attention to First Advantage (FA) stock based on the movements in the options market lately. zacks.com - 2 months ago
8. Profile Summary

First Advantage Corporation FA

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COUNTRY US
INDUSTRY Specialty Business Services
MARKET CAP $ 3.02 B
Dividend Yield 0.00%
Description First Advantage Corporation provides technology solutions for screening, verifications, safety, and compliance related to human capital 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. The company also provides post-onboarding solutions, including criminal records monitoring, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and fleet/vehicle compliance, hiring tax credits and incentives, resident/tenant screening, and investigative research. Its products and solutions are used by personnel in recruiting, human resources, risk, compliance, vendor management, safety, and/or security in global enterprises, mid-sized, and small companies. The company was formerly known as Fastball Intermediate, Inc. and changed its name to First Advantage Corporation in March 2021. First Advantage Corporation was founded in 2003 and is headquartered in Atlanta, Georgia.
Contact 1 Concourse Parkway NE, Atlanta, GA, 30328 https://fadv.com
IPO Date June 23, 2021
Employees 5000
Officers Mr. Bret T. Jardine ESQ. Chief Legal Officer & Secretary Ms. Stephanie D. Gorman Vice President of Investor Relations Mariah Mellor Director of Corporate Communications Mr. Michael E. Pilnick Chief Human Resources Officer Mr. Douglas Nairne Chief Operations Officer – International Ms. Kari Marquis Chief Revenue Officer Mr. Steven Marks Chief Accounting Officer & Chief Financial Officer Ms. Joelle M. Smith President Mr. Rolf Bezemer Executive Vice President & GM International Mr. Scott Staples Chief Executive Officer & Director