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First AdvantageNASDAQ: FA

Profile

Country:

United States

IPO:

23 June 2021

Next earnings report:

12 November 2024

Last dividends:

18 August 2023

Next dividends:

N/A
$2.56 B
-27%vs. 3y high
63%vs. sector
110.16
-51%vs. 3y high
96%vs. sector
-13%vs. 3y high
61%vs. sector
-51%vs. 3y high
81%vs. sector

Price

regular market | 3 min ago
$17.63+$0.07(+0.37%)
$184.55 M$204.30 M
$184.55 M$1.86 M

Analysts recommendations

Institutional Ownership

FA Latest News

First Advantage Completes Acquisition of Sterling Check for $2.2 Billion
globenewswire.com31 October 2024 Sentiment: POSITIVE

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.

First Advantage and Sterling Announce Election Deadline for Sterling Stockholders to Elect Merger Consideration
globenewswire.com21 October 2024 Sentiment: POSITIVE

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.

First Advantage Announces Promotion of Joelle Smith to President, First Advantage
globenewswire.com11 September 2024 Sentiment: POSITIVE

This strategic appointment underscores the Company's commitment to advancing its background screening, identity, and verifications technology, enabling faster and more efficient solutions for customers This strategic appointment underscores the Company's commitment to advancing its background screening, identity, and verifications technology, enabling faster and more efficient solutions for customers

First Advantage Corporation (FA) Q2 2024 Earnings Call Transcript
seekingalpha.com10 August 2024 Sentiment: NEUTRAL

First Advantage Corporation (NASDAQ:FA ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Stephanie Gorman - VP of IR Scott Staples - CEO David Gamsey - CFO Conference Call Participants Shlomo Rosenbaum - Stifel Andrew Steinerman - JPMorgan Andrew Nicholas - William Blair Heather Balsky - Bank of America Merrill Lynch Kyle Peterson - Needham Operator Good day, everyone. My name is Todd and I will be your conference operator today.

First Advantage (FA) Q2 Earnings Meet Estimates
zacks.com08 August 2024 Sentiment: POSITIVE

First Advantage (FA) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago.

First Advantage Reports Second Quarter 2024 Results
globenewswire.com08 August 2024 Sentiment: POSITIVE

Reaffirms Full-Year 2024 Guidance; Sterling Acquisition Expected to Close in Q4 Reaffirms Full-Year 2024 Guidance; Sterling Acquisition Expected to Close in Q4

First Advantage to Release Second Quarter 2024 Financial Results and Hold Investor Conference Call on August 8, 2024
globenewswire.com18 July 2024 Sentiment: POSITIVE

ATLANTA, July 18, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of employment background screening, identity, and verification solutions, will issue its second quarter 2024 financial results on Thursday, August 8, 2024 prior to the Company's earnings conference call, which will be held at 8:30 a.m. ET on the same day.

Analysts Estimate First Advantage (FA) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research02 May 2024 Sentiment: NEGATIVE

First Advantage (FA) lacks the necessary elements for a potential earnings beat in its upcoming report. Be ready with the key expectations.

Why Sterling Check Is Soaring and First Advantage Stock Is Falling Today
The Motley Fool29 February 2024 Sentiment: POSITIVE

First Advantage and Sterling both reported revenue declines and earnings misses, but the news was overshadowed by their plans to merge. The combination would help both better deal with a slowdown in hiring, but there are likely to be antitrust concerns.

First Advantage to buy background screening firm Sterling Check in $2.2 bln deal
Reuters29 February 2024 Sentiment: POSITIVE

Background screening services provider First Advantage will buy rival Sterling Check in a cash-and-stock deal valued at $2.2 billion, the company said on Thursday.

What type of business is 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. 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 other products comprising 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 2002 and is based in Atlanta, Georgia.

What sector is First Advantage in?

First Advantage is in the Industrials sector

What industry is First Advantage in?

First Advantage is in the Specialty Business Services industry

What country is First Advantage from?

First Advantage is headquartered in United States

When did First Advantage go public?

First Advantage initial public offering (IPO) was on 23 June 2021

What is First Advantage website?

https://fadv.com

Is First Advantage in the S&P 500?

No, First Advantage is not included in the S&P 500 index

Is First Advantage in the NASDAQ 100?

No, First Advantage is not included in the NASDAQ 100 index

Is First Advantage in the Dow Jones?

No, First Advantage is not included in the Dow Jones index

When was First Advantage the previous earnings report?

No data

When does First Advantage earnings report?

The next expected earnings date for First Advantage is 12 November 2024