Ronald Vargo - EPAM Systems Non-Executive Lead Independent Director

EPAM Stock  USD 247.80  0.85  0.34%   

Director

Mr. Ronald P. Vargo is NonExecutive Lead Independent Director of EPAM Systems, Inc. He has served as a nonemployee director of our Board since January 2012 and as Lead Independent Director since 2015. Mr. Vargo served as Executive Vice President and Chief Financial Officer of ICF International, Inc. from April 2010 to May 2011. Prior to joining ICF, Mr. Vargo served as the Executive Vice President, Chief Financial Officer and as a member of the executive committee of Electronic Data Systems Corporation from 2006 to 2008, and as Vice President and Treasurer of EDS from 2004 to 2006, when he was promoted to Chief Financial Officer. Before joining EDS, Mr. Vargo was employed from 1991 to 2003 by TRW, Inc., a former 17 billion global manufacturing and service company strategically focused on providing products and services with a high technology or engineering content to the automotive, space and defense markets. TRW was acquired by Northrop Grumman Corporation in 2002. Mr. Vargo served TRW in the positions of Vice President of Investor Relations and Treasurer from 1991 to 1994, then Vice President of Strategic Planning and Business Development from 1994 to 1999, and then Vice President of Investor Relations and Treasurer again from 1999 to 2002. Mr. Vargo serves as a director of Ferro Corporation and as a member of its audit committee, a position he has held since December 2009. Beginning in August 2017, Mr. Vargo also serves as a director of EnerSys and as a member of its audit and nominating and corporate governance committees since 2015.
Age 66
Tenure 9 years
Address 41 University Drive, Newtown, PA, United States, 18940
Phone267 759 9000
Webhttps://www.epam.com
Vargo holds a Masters of Business Administration in Finance and General Management from Stanford University and a Bachelor of Arts degree in Economics from Dartmouth College.

Ronald Vargo Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ronald Vargo against EPAM Systems stock is an integral part of due diligence when investing in EPAM Systems. Ronald Vargo insider activity provides valuable insight into whether EPAM Systems is net buyers or sellers over its current business cycle. Note, EPAM Systems insiders must abide by specific rules, including filing SEC forms every time they buy or sell EPAM Systems'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

EPAM Systems Management Efficiency

The company has return on total asset (ROA) of 0.0874 % which means that it generated a profit of $0.0874 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1288 %, meaning that it created $0.1288 on every $100 dollars invested by stockholders. EPAM Systems' management efficiency ratios could be used to measure how well EPAM Systems manages its routine affairs as well as how well it operates its assets and liabilities. At this time, EPAM Systems' Return On Tangible Assets are very stable compared to the past year. As of the 24th of April 2024, Return On Capital Employed is likely to grow to 0.21, while Return On Equity is likely to drop 0.11. At this time, EPAM Systems' Deferred Long Term Asset Charges is very stable compared to the past year. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to 0.15, while Intangible Assets are likely to drop about 47.1 M.
The company currently holds 171.94 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. EPAM Systems has a current ratio of 3.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist EPAM Systems until it has trouble settling it off, either with new capital or with free cash flow. So, EPAM Systems' 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 EPAM Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EPAM to invest in growth at high rates of return. When we think about EPAM Systems' use of debt, we should always consider it together with cash and equity.

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EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company was founded in 1993 and is headquartered in Newtown, Pennsylvania. Epam Systems operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 60300 people. EPAM Systems (EPAM) is traded on New York Stock Exchange in USA. It is located in 41 University Drive, Newtown, PA, United States, 18940 and employs 53,150 people. EPAM Systems is listed under IT Consulting & Other Services category by Fama And French industry classification.

Management Performance

EPAM Systems Leadership Team

Elected by the shareholders, the EPAM Systems' board of directors comprises two types of representatives: EPAM Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EPAM. The board's role is to monitor EPAM Systems' management team and ensure that shareholders' interests are well served. EPAM Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EPAM Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
Viktar Dvorkin, Senior Vice President Head of Global Delivery
Anthony Conte, CFO and Sr. VP
Elaina Shekhter, Senior Vice President, Chief Marketing Officer, Strategy Officer
Edward Rockwell, Senior Vice President, General Counsel, Corporate Secretary
Peter Kuerpick, Independent Director
Sergey Yezhkov, Senior Vice President Co-Head of Global Business
Arkadiy Dobkin, Chairman of the Board, President, Chief Executive Officer
Boris Shnayder, Senior Vice President Co-Head of Global Business
Sam Rehman, VP Officer
Karl Robb, President of EPAM Systems Europe, Executive VP of EPAM Systems and Director
Ronald Vargo, Non-Executive Lead Independent Director
Jill Smart, Non-Executive Independent Director
Larry Solomon, Senior Vice President Chief People Officer
Richard Mayoras, Non-Executive Independent Director
Yuriy Goliyad, Head of Global Operations
Philip Storm, Senior Officer
Gary Abrahams, Chief Accounting Officer, Vice President, Corporate Controller
David Straube, Senior Director, Investor Relations
Helen Shan, Non-Executive Independent Director
Ginger Mosier, Sr. VP, General Counsel and Corporate Secretary
Jason Peterson, Chief Financial Officer, Senior Vice President, Treasurer
Lawrence Solomon, Senior Officer
Balazs Fejes, Executive Vice President, Co-Head of Global Business
Jason Harman, Senior Vice President Co-Head of Global Business
Victor Dvorkin, Senior Delivery
Eugene Roman, Non-Executive Independent Director
Robert Segert, Non-Executive Independent Director

EPAM 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 EPAM Systems 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 EPAM Systems

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 EPAM Systems 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 EPAM Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with EPAM Stock

  0.71G Genpact Limited Financial Report 8th of May 2024 PairCorr

Moving against EPAM Stock

  0.41FIS Fidelity National Financial Report 25th of April 2024 PairCorr
The ability to find closely correlated positions to EPAM Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EPAM Systems 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 EPAM Systems - 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 EPAM Systems to buy it.
The correlation of EPAM Systems 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 EPAM Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EPAM Systems 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 EPAM Systems 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 EPAM Systems is a strong investment it is important to analyze EPAM Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EPAM Systems' future performance. For an informed investment choice regarding EPAM Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EPAM Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.
Note that the EPAM Systems information on this page should be used as a complementary analysis to other EPAM Systems' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running EPAM Systems' price analysis, check to measure EPAM Systems' 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 EPAM Systems is operating at the current time. Most of EPAM Systems' value examination focuses on studying past and present price action to predict the probability of EPAM Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EPAM Systems' price. Additionally, you may evaluate how the addition of EPAM Systems to your portfolios can decrease your overall portfolio volatility.
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Is EPAM Systems' 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 EPAM Systems. If investors know EPAM 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 EPAM Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Earnings Share
7.06
Revenue Per Share
81.111
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0874
The market value of EPAM Systems is measured differently than its book value, which is the value of EPAM that is recorded on the company's balance sheet. Investors also form their own opinion of EPAM Systems' value that differs from its market value or its book value, called intrinsic value, which is EPAM Systems' 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 EPAM Systems' market value can be influenced by many factors that don't directly affect EPAM Systems' 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 EPAM Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if EPAM Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EPAM Systems' 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.