Michael Raab - Amicus Therapeutics Independent Director

FOLD Stock  USD 10.61  0.28  2.71%   

Director

Mr. Michael G. Raab is Lead Independent Director of Amicus Therapeutics, Inc. Mr. Raab has served as President and Chief Executive Officer of Ardelyx, Inc. since March 2009. Mr. Raab previously served as a partner of New Enterprise Associates from June 2002 until December 2008, with a focus on healthcare investing. From 1999 to 2002, he was Senior Vice President, Therapeutics and General Manager, Renagel at Genzyme Corporationrationration. Mr. Raab currently serves as a member of the Board of Directors of Ardelyx, Inc since 2018.
Age 53
Tenure 6 years
Address 47 Hulfish Street, Princeton, NJ, United States, 08542
Phone609 662 2000
Webhttps://amicusrx.com
Raab holds a B.A. from DePauw University.

Michael Raab Latest Insider Activity

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

Amicus Therapeutics Management Efficiency

The company has return on total asset (ROA) of (0.0612) % which means that it has lost $0.0612 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0704) %, meaning that it created substantial loss on money invested by shareholders. Amicus Therapeutics' management efficiency ratios could be used to measure how well Amicus Therapeutics manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to -0.28. In addition to that, Return On Capital Employed is expected to decline to -0.13. At present, Amicus Therapeutics' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangibles To Total Assets is expected to grow to 0.39, whereas Other Assets are forecasted to decline to about 41.8 M.
The company currently holds 445.06 M in liabilities with Debt to Equity (D/E) ratio of 2.6, implying the company greatly relies on financing operations through barrowing. Amicus Therapeutics has a current ratio of 2.96, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Amicus Therapeutics until it has trouble settling it off, either with new capital or with free cash flow. So, Amicus Therapeutics' 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 Amicus Therapeutics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amicus to invest in growth at high rates of return. When we think about Amicus Therapeutics' use of debt, we should always consider it together with cash and equity.

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Amicus Therapeutics, Inc., a biotechnology company, focuses on discovering, developing, and delivering medicines for rare diseases. Amicus Therapeutics, Inc. was incorporated in 2002 and is headquartered in Philadelphia, Pennsylvania. Amicus Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 496 people. Amicus Therapeutics (FOLD) is traded on NASDAQ Exchange in USA. It is located in 47 Hulfish Street, Princeton, NJ, United States, 08542 and employs 517 people. Amicus Therapeutics is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Amicus Therapeutics Leadership Team

Elected by the shareholders, the Amicus Therapeutics' board of directors comprises two types of representatives: Amicus Therapeutics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Amicus. The board's role is to monitor Amicus Therapeutics' management team and ensure that shareholders' interests are well served. Amicus Therapeutics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Amicus Therapeutics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Hung Do, Senior Vice President - Discovery Biology
Robert Essner, Independent Director
John Kirk, Vice President - Regulatory Affairs
David Clark, Chief Officer
Andrew Mulberg, Vice President - Regulatory Strategy
Craig Wheeler, Independent Director
Daphne Quimi, Principal Accounting Officer, VP of Fin. and Corporate Controller
Bradley Campbell, Pres and COO
Burke Whitman, Independent Director
Enrique Dilone, Vice President - Technical Operations
John Crowley, Executive Chairman
Dipal Doshi, Senior Vice President - Business Planning and Development
Mark Baldry, Vice President of Global Marketing
Margaret McGlynn, Independent Director
Samantha Prout, Principal Accounting Officer, Controller
Bradley MBA, President CEO
Andrew Faughnan, Director Relations
Diana Moore, Head Communications
Kenneth Peist, Vice President - Legal and Intellectual Property
Ken Valenzano, Senior Vice President - Preclinical Research
Ted Love, Independent Director
Jay Barth, Chief Medical Officer
Jayne Gershkowitz, Vice President - Patient Advocacy & Public Policy
Donald Hayden, Lead Independent Director
Patrik Esq, Global Officer
Michael Raab, Independent Director
Sara Pellegrino, IR Contact Officer
Willem Weperen, Regional Vice President and Country Manager, International
Sol Barer, Independent Director
Julie Yu, Vice President - Clinical Operations and Data Management
Patrik Florencio, Global VP
William Baird, CFO
David Allsop, Senior Vice President - International
Lynn Bleil, Independent Director
Simon Harford, Chief Officer
Ellen Rosenberg, General Counsel and Corporate Secretary
Simon Jordan, Senior Vice President - International
Jill Weimer, Senior Vice President of Discovery Research and Gene Therapy Science
Glenn Sblendorio, Independent Director
Jeffrey Castelli, Vice President - Program and Portfolio Management
Kurt Andrews, Senior Vice President - Human Resources

Amicus 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 Amicus Therapeutics 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.

Amicus Therapeutics Investors Sentiment

The influence of Amicus Therapeutics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Amicus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Amicus Therapeutics' public news can be used to forecast risks associated with an investment in Amicus. The trend in average sentiment can be used to explain how an investor holding Amicus can time the market purely based on public headlines and social activities around Amicus Therapeutics. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Amicus Therapeutics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Amicus Therapeutics' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Amicus Therapeutics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Amicus Therapeutics.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amicus Therapeutics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amicus Therapeutics' short interest history, or implied volatility extrapolated from Amicus Therapeutics options trading.

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When determining whether Amicus Therapeutics is a strong investment it is important to analyze Amicus Therapeutics' 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 Amicus Therapeutics' future performance. For an informed investment choice regarding Amicus Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Amicus Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Amicus Stock refer to our How to Trade Amicus Stock guide.
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Is Amicus Therapeutics' 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 Amicus Therapeutics. If investors know Amicus 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 Amicus Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Revenue Per Share
1.353
Quarterly Revenue Growth
0.306
Return On Assets
(0.06)
Return On Equity
(1.07)
The market value of Amicus Therapeutics is measured differently than its book value, which is the value of Amicus that is recorded on the company's balance sheet. Investors also form their own opinion of Amicus Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Amicus Therapeutics' 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 Amicus Therapeutics' market value can be influenced by many factors that don't directly affect Amicus Therapeutics' 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 Amicus Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amicus Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amicus Therapeutics' 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.