First Advantage Corp (FA) stock forecast: Can it reach its 52-week high of $20.79

At the time of writing, First Advantage Corp [FA] stock is trading at $18.25, up 3.63%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FA shares have gain 1.28% over the last week, with a monthly amount drifted -3.69%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

On October 10, 2024, downgrade downgraded it’s rating to Peer Perform. William Blair started tracking the stock assigning a Outperform rating. Wolfe Research initiated its recommendation with a Outperform and recommended $17 as its price target on September 14, 2023. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on March 01, 2023, and upped its price target to $15. In a note dated January 17, 2023, BofA Securities downgraded an Neutral rating on this stock but restated the target price of $14.50.

For the past year, the stock price of First Advantage Corp fluctuated between $13.88 and $20.79. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. First Advantage Corp [NASDAQ: FA] shares were valued at $18.25 at the most recent close of the market. An investor can expect a potential return of 15.07% based on the average FA price forecast.

Analyzing the FA fundamentals

According to First Advantage Corp [NASDAQ:FA], the company’s sales were 755.64M for trailing twelve months, which represents an -0.62% plunge. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.81 points at the first support level, and at 17.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.50, and for the 2nd resistance point, it is at 18.74.

Ratios To Look Out For

It is important to note that First Advantage Corp [NASDAQ:FA] has a current ratio of 3.85. In addition, the Quick Ratio stands at 3.85 and the Cash Ratio stands at 2.53. Considering the valuation of this stock, the price to sales ratio is 4.17, the price to book ratio is 2.89 and price to earnings (TTM) ratio is 549.70.

Transactions by insiders

Recent insider trading involved Jardine Bret T, Chief Legal Officer, that happened on Nov 18 ’24 when 30000.0 shares were sold. Officer, Jardine Bret T completed a deal on Nov 18 ’24 to buy 30000.0 shares. Meanwhile, Former Officer Jaeger Joseph K. bought 67777.0 shares on Nov 13 ’24.

Related Posts