Latest news with #FirstAdvantage
Yahoo
4 days ago
- Business
- Yahoo
Q1 Earnings Roundup: ManpowerGroup (NYSE:MAN) And The Rest Of The Professional Staffing & HR Solutions Segment
As the Q1 earnings season wraps, let's dig into this quarter's best and worst performers in the professional staffing & hr solutions industry, including ManpowerGroup (NYSE:MAN) and its peers. The Professional Staffing & HR Solutions subsector within Business Services is set to benefit from evolving workforce trends, including the rise of remote work and the gig economy. With companies casting a wider net to find talent due to remote work, the expertise of staffing and recruiting companies is even more valuable. For those who invest wisely, the use of predictive AI in recruitment and screening as well as automation in HR workflows can enhance efficiency and scalability. On the other hand, digitization means that talent discovery is less of a manual process, opening the door for tech-first platforms. Additionally, regulatory scrutiny around data privacy in HR is evolving and may require companies in this sector to change their go-to-market strategies over time. The 7 professional staffing & hr solutions stocks we track reported a slower Q1. As a group, revenues beat analysts' consensus estimates by 0.5% while next quarter's revenue guidance was in line. While some professional staffing & hr solutions stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.1% since the latest earnings results. Founded during the post-World War II economic boom when businesses needed temporary workers, ManpowerGroup (NYSE:MAN) connects millions of people to employment opportunities through its global network of staffing, recruitment, and workforce management services. ManpowerGroup reported revenues of $4.09 billion, down 7.1% year on year. This print exceeded analysts' expectations by 2.9%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts' EPS estimates. Jonas Prising, ManpowerGroup Chair & CEO, said, "During the quarter, we saw good growth in Latin America and Asia Pacific while operating conditions remained challenging in Europe and North America. More recently, the demand outlook is less clear based on increased caution following trade policy developments. In this uncertain environment, we continue to compete well in the market and remain focused on what we can control, staying close to our clients and candidates and adjusting our cost base to market conditions as needed. Unsurprisingly, the stock is down 18.8% since reporting and currently trades at $40.15. Read our full report on ManpowerGroup here, it's free. Processing approximately 100 million background checks annually across more than 200 countries and territories, First Advantage (NASDAQ:FA) provides employment background screening, identity verification, and compliance solutions to help companies manage hiring risks. First Advantage reported revenues of $354.6 million, up 109% year on year, outperforming analysts' expectations by 2.9%. The business had an exceptional quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' full-year EPS guidance estimates. First Advantage delivered the biggest analyst estimates beat, fastest revenue growth, and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 21.1% since reporting. It currently trades at $18.13. Is now the time to buy First Advantage? Access our full analysis of the earnings results here, it's free. With roots dating back to 1948 as the first specialized recruiting firm for accounting and finance professionals, Robert Half (NYSE:RHI) provides specialized talent solutions and business consulting services, connecting skilled professionals with companies across various fields. Robert Half reported revenues of $1.35 billion, down 8.4% year on year, falling short of analysts' expectations by 4.3%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Robert Half delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 6.2% since the results and currently trades at $43.57. Read our full analysis of Robert Half's results here. With nearly 60 years of matching skilled professionals with the right opportunities, Kforce (NYSE:KFRC) is a professional staffing company that specializes in placing technology and finance experts with businesses on both temporary and permanent bases. Kforce reported revenues of $330 million, down 6.2% year on year. This result came in 1% below analysts' expectations. Overall, it was a softer quarter as it also recorded a miss of analysts' EPS guidance for next quarter estimates and a miss of analysts' EPS estimates. The stock is down 3.7% since reporting and currently trades at $41.05. Read our full, actionable report on Kforce here, it's free. Born from a corporate spinoff in 2017 to focus on employee experience technology, Alight (NYSE:ALIT) provides human capital management solutions that help companies administer employee benefits, payroll, and workforce management systems. Alight reported revenues of $548 million, down 2% year on year. This number beat analysts' expectations by 1.2%. It was a strong quarter as it also logged a solid beat of analysts' EPS guidance for next quarter estimates and full-year revenue guidance meeting analysts' expectations. Alight had the weakest full-year guidance update among its peers. The stock is up 2.2% since reporting and currently trades at $5.35. Read our full, actionable report on Alight here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
First Advantage (NASDAQ:FA): Strongest Q1 Results from the Professional Staffing & HR Solutions Group
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at professional staffing & hr solutions stocks, starting with First Advantage (NASDAQ:FA). The Professional Staffing & HR Solutions subsector within Business Services is set to benefit from evolving workforce trends, including the rise of remote work and the gig economy. With companies casting a wider net to find talent due to remote work, the expertise of staffing and recruiting companies is even more valuable. For those who invest wisely, the use of predictive AI in recruitment and screening as well as automation in HR workflows can enhance efficiency and scalability. On the other hand, digitization means that talent discovery is less of a manual process, opening the door for tech-first platforms. Additionally, regulatory scrutiny around data privacy in HR is evolving and may require companies in this sector to change their go-to-market strategies over time. The 7 professional staffing & hr solutions stocks we track reported a slower Q1. As a group, revenues beat analysts' consensus estimates by 0.5% while next quarter's revenue guidance was in line. While some professional staffing & hr solutions stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.8% since the latest earnings results. Processing approximately 100 million background checks annually across more than 200 countries and territories, First Advantage (NASDAQ:FA) provides employment background screening, identity verification, and compliance solutions to help companies manage hiring risks. First Advantage reported revenues of $354.6 million, up 109% year on year. This print exceeded analysts' expectations by 2.9%. Overall, it was an exceptional quarter for the company with an impressive beat of analysts' EPS estimates and a solid beat of analysts' full-year EPS guidance estimates. 'We are pleased that First Advantage delivered solid financial performance in the first quarter, exceeding our expectations. We are continuing to see strong traction through upsell, cross-sell, and new logos, with sequential quarterly improvement in the base business and continued high customer retention levels. Our focused vertical strategy, with a depth of expertise across a broad range of industries, is delivering results and providing balance in the current environment,' said Scott Staples, Chief Executive Officer. First Advantage achieved the biggest analyst estimates beat, fastest revenue growth, and highest full-year guidance raise of the whole group. Unsurprisingly, the stock is up 15.5% since reporting and currently trades at $17.30. Is now the time to buy First Advantage? Access our full analysis of the earnings results here, it's free. Operating as a professional employer organization (PEO) that serves over 8,000 companies with more than 120,000 worksite employees, Barrett Business Services (NASDAQ:BBSI) provides management solutions that help small and mid-sized businesses handle human resources, payroll, workers' compensation, and other administrative functions. Barrett reported revenues of $292.6 million, up 10.1% year on year, outperforming analysts' expectations by 2.3%. The business had an exceptional quarter with an impressive beat of analysts' EPS estimates. The market seems content with the results as the stock is up 2% since reporting. It currently trades at $41.60. Is now the time to buy Barrett? Access our full analysis of the earnings results here, it's free. With roots dating back to 1948 as the first specialized recruiting firm for accounting and finance professionals, Robert Half (NYSE:RHI) provides specialized talent solutions and business consulting services, connecting skilled professionals with companies across various fields. Robert Half reported revenues of $1.35 billion, down 8.4% year on year, falling short of analysts' expectations by 4.3%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Robert Half delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 1.9% since the results and currently trades at $45.58. Read our full analysis of Robert Half's results here. Founded during the post-World War II economic boom when businesses needed temporary workers, ManpowerGroup (NYSE:MAN) connects millions of people to employment opportunities through its global network of staffing, recruitment, and workforce management services. ManpowerGroup reported revenues of $4.09 billion, down 7.1% year on year. This number topped analysts' expectations by 2.9%. However, it was a slower quarter as it logged a significant miss of analysts' EPS guidance for next quarter estimates and a significant miss of analysts' EPS estimates. The stock is down 13.6% since reporting and currently trades at $42.72. Read our full, actionable report on ManpowerGroup here, it's free. Born from a corporate spinoff in 2017 to focus on employee experience technology, Alight (NYSE:ALIT) provides human capital management solutions that help companies administer employee benefits, payroll, and workforce management systems. Alight reported revenues of $548 million, down 2% year on year. This result surpassed analysts' expectations by 1.2%. It was a strong quarter as it also recorded an impressive beat of analysts' EPS guidance for next quarter estimates and full-year revenue guidance meeting analysts' expectations. Alight had the weakest full-year guidance update among its peers. The stock is up 4.5% since reporting and currently trades at $5.47. Read our full, actionable report on Alight here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
20-05-2025
- Business
- Yahoo
First Advantage to Participate in Upcoming Investor Conferences
ATLANTA, May 20, 2025 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of global software and data in the HR technology industry, today announced that the Company's management team will participate in the following investor conferences in June: William Blair 45th Annual Growth Stock ConferenceDate: Tuesday, June 3, 2025Location: Chicago, IllinoisFormat: Webcast at 11:00 AM ET and investor meetings Stifel 2025 Boston Cross Sector 1x1 ConferenceDate: Wednesday, June 4, 2025Location: Boston, MassachusettsFormat: Investor meetings Baird 2025 Global Consumer, Technology & Services ConferenceDate: Thursday, June 5, 2025Location: New York, New YorkFormat: Webcast at 11:25 AM ET and investor meetings Live webcasts will be available on the First Advantage investor relations website at Subsequent replays, to the extent available, will also be posted to the investor relations website for a limited time following the events. About First Advantage First Advantage (NASDAQ: FA) is a leading provider of global software and data in the HR technology industry. Enabled by its proprietary technology and AI, First Advantage's platforms, data, and APIs power comprehensive employment background screening, digital identity solutions, and verification services. With a strong emphasis on innovation, automation, and customer success, First Advantage empowers 80,000 organizations to hire smarter and onboard faster. Headquartered in Atlanta, Georgia, First Advantage serves customers in over 200 countries and territories, modernizing hiring and onboarding on a global scale. For more information, please visit our website at Investor Contact Stephanie Gorman Vice President, Investor Relations Investors@ (678) 868-4151
Yahoo
10-05-2025
- Business
- Yahoo
First Advantage price target raised to $21 from $16 at BMO Capital
BMO Capital analyst Jeffrey Silber raised the firm's price target on First Advantage (FA) to $21 from $16 and keeps an Outperform rating on the shares. The company's Q1 results beat expectations, mainly driver by better-than-expected margins, while its volumes held up well and management noted record dollar volumes in quarterly contract bookings, the analyst tells investors in a research note. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on FA: Disclaimer & DisclosureReport an Issue RBC downgrades First Advantage on potential slowdown in hiring First Advantage downgraded to Sector Perform from Outperform at RBC Capital First Advantage Reports Q1 2025 Financial Results First Advantage: Strong Financial Performance and Strategic Positioning Justify Buy Rating First Advantage reports Q1 adjusted EPS 17c, consensus 13c Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Business
- Yahoo
What Makes First Advantage (FA) a Quality Compounder?
Optimist Fund, an investment management company, released its first quarter 2025 investor letter. A copy of the letter can be downloaded here. The first quarter was characterized by significant volatility, influenced by geopolitical tensions and uncertainties in global trade policy. While these macroeconomic factors caused short-term market fluctuations, they do not alter the firm's long-term investment strategy or expectations for returns. The fund returned -4.9% in Q1 compared to -7.5% for its benchmark. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Optimist Fund highlighted stocks such as First Advantage Corporation (NASDAQ:FA). First Advantage Corporation (NASDAQ:FA) is a global provider of employment background screening, identity, and verification solutions. The one-month return of First Advantage Corporation (NASDAQ:FA) was 21.21%, and its shares gained 11.51% of their value over the last 52 weeks. On May 08, 2024, First Advantage Corporation (NASDAQ:FA) stock closed at $17.83 per share with a market capitalization of $3.096 billion. Optimist Fund stated the following regarding First Advantage Corporation (NASDAQ:FA) in its Q1 2025 investor letter: "Featured Holding: First Advantage Corporation (NASDAQ:FA): A quality compounder undergoing transformational M&A: First Advantage is the leading provider of employment background checks. In 2024, it acquired Sterling Check, the second-largest player, creating a market leader with ~25% share—twice the size of the next competitor. We believe this is a good business in a steady-growth industry, with three compelling idiosyncratic drivers which make it an unusually attractive investment: A close-up of the fingers of a technician scanning an ID, verifying the Enrollment Verification process. First Advantage Corporation (NASDAQ:FA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 11 hedge fund portfolios held First Advantage Corporation (NASDAQ:FA) at the end of the fourth quarter, compared to 12 in the third quarter. First Advantage Corporation's (NASDAQ:FA) pro forma revenues for the fourth quarter of 2024 were $375 million, up 0.9% year-over-year. While we acknowledge the potential of First Advantage Corporation (NASDAQ:FA) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered First Advantage Corporation (NASDAQ:FA) and shared Diamond Hill Small Cap Fund's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
