James Gorman - Agenus President

AGEN Stock  USD 5.77  0.46  8.66%   

President

Dr. James R Gorman, M.D., Ph.D., is a Vice President Strategic Planning and Portfolio Management of the Company. Dr. Gorman joins Agenus with almost 20 years of experience in portfolio management, global pharmaceutical licensing and corporate development. He made his mark early on with Abbott Laboratories, where he was responsible for identifying, recommending and coordinating the strategy to grow Abbott biologics business. There he championed and executed the acquisition of Humira, a blockbuster antiTNF antibody with annual sales of over 14 billio nin 2015, which earned him the Abbott President Award. More recently he was the CoFounder, CEO and CMO of BioAssets Development Corporation, an antibody therapeutics business, which he shepherded from concept to a structured buyout by Cephalon Pharmaceuticals. Dr. Gorman was also the CoFounder, CEO and CSO of 121 Bio, LLC, a biopharmaceutical company with an IO focus since 2016.
Tenure 8 years
Address 3 Forbes Road, Lexington, MA, United States, 02421-7305
Phone781 674 4400
Webhttps://www.agenusbio.com
Gorman obtained his M.D. degree and his Ph.D. degree in Immunology from Harvard University as a trainee in the Harvard Medical School M.D./Ph.D. Program. During his training, he conducted research in the laboratory of the distinguished Professor Frederic Altspecializing in molecular genetics and antibody formation, developing new genetic engineering techniques and reagents adopted by many other labs worldwide. He graduated summa cum laude from Yale University with B.A. and M.S. degrees in Biology.

Agenus Management Efficiency

The company has return on total asset (ROA) of (0.2751) % which means that it has lost $0.2751 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (12.7883) %, meaning that it created substantial loss on money invested by shareholders. Agenus' management efficiency ratios could be used to measure how well Agenus manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of April 2024, Return On Equity is likely to grow to 1.61, while Return On Tangible Assets are likely to drop (0.91). At this time, Agenus' Debt To Assets are very stable compared to the past year. As of the 23rd of April 2024, Asset Turnover is likely to grow to 0.52, while Non Currrent Assets Other are likely to drop about 3.5 M.
The company currently holds 350.25 M in liabilities with Debt to Equity (D/E) ratio of 5.88, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Agenus Inc has a current ratio of 1.42, which is within standard range for the sector. Debt can assist Agenus until it has trouble settling it off, either with new capital or with free cash flow. So, Agenus' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Agenus Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Agenus to invest in growth at high rates of return. When we think about Agenus' use of debt, we should always consider it together with cash and equity.
Agenus Inc., a clinical-stage immuno-oncology company, discovers and develops immuno-oncology products in the United States and internationally. Agenus Inc. was founded in 1994 and is headquartered in Lexington, Massachusetts. Agenus operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 441 people. Agenus Inc (AGEN) is traded on NASDAQ Exchange in USA. It is located in 3 Forbes Road, Lexington, MA, United States, 02421-7305 and employs 389 people. Agenus is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Agenus Inc Leadership Team

Elected by the shareholders, the Agenus' board of directors comprises two types of representatives: Agenus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Agenus. The board's role is to monitor Agenus' management team and ensure that shareholders' interests are well served. Agenus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Agenus' outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Stein, Chief Scientific Officer
James Gorman, Vice President - Strategic Planning and Portfolio Management
Ozer Baysal, Chief Bus. Officer
Regina Grebla, VP Communications
Shalini Sharp, Director
John Castle, Head Bioinformatics
Zack Armen, Head Relations
Wadih Jordan, Independent Director
Christine Klaskin, Principal Accounting Officer and VP of Fin.
Jennifer Buell, Pres Therapeutics
Don Vidic, Vice President Head of Commercial
Brian Corvese, Independent Director
Todd MD, Member Advisor
Karen Valentine, Chief Compliance Officer, VP, General Counsel and Secretary
Evan Ballantyne, CFO
Timothy Wright, Lead Independent Director
Christian Cortis, Chief Strategy Officer and Head of Finance
Julie DeSander, Chief Officer
Alfred Dadson, Chief Officer
Eric Humes, Chief Officer
Ulf Wiinberg, Director
Alexander Duncan, CTO and Head - Research
Dhan Chand, Scientific Discovery
Tracy Clemente, Chief Officer
Allison JeynesEllis, Director
Garo Armen, Founder, Executive Chairman, CEO and Chairman of Bus. and Devel. Advisory Committee
JeanMarie Cuillerot, Chief Medical Officer
Craig Winter, Chief Officer
Robin JD, Chief Officer
Stephanie Fagan, Chief Officer
Shahzad Malik, Independent Director
Evan Kearns, Vice President General Counsel, Secretary

Agenus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Agenus a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Agenus

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agenus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agenus will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agenus Stock

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Moving against Agenus Stock

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The ability to find closely correlated positions to Agenus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agenus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agenus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agenus Inc to buy it.
The correlation of Agenus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agenus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agenus Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agenus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Agenus Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agenus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agenus Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agenus Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agenus Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Agenus Inc information on this page should be used as a complementary analysis to other Agenus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Agenus Stock analysis

When running Agenus' price analysis, check to measure Agenus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agenus is operating at the current time. Most of Agenus' value examination focuses on studying past and present price action to predict the probability of Agenus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agenus' price. Additionally, you may evaluate how the addition of Agenus to your portfolios can decrease your overall portfolio volatility.
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Is Agenus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agenus. If investors know Agenus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agenus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.80)
Revenue Per Share
8.735
Quarterly Revenue Growth
1.952
Return On Assets
(0.28)
Return On Equity
(12.79)
The market value of Agenus Inc is measured differently than its book value, which is the value of Agenus that is recorded on the company's balance sheet. Investors also form their own opinion of Agenus' value that differs from its market value or its book value, called intrinsic value, which is Agenus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agenus' market value can be influenced by many factors that don't directly affect Agenus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agenus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agenus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agenus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.