Sectors & Industries HealthcareDiagnostics & Research
Best Diagnostic & Research Stocks to Buy Now (2024)
Top diagnostic & research stocks in 2024 ranked by overall Zen Score. See the best diagnostic & research stocks to buy now, according to analyst forecasts for the diagnostics & research industry.

Industry: Diagnostics & Research

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
FONR	FONAR CORP	$16.31	11,316	-7.02%	16.19	16.82	19.92	20.00	18.03	34.93	33.39	19.93	93.22	78.47	-1.07	-1.19	0.12	0.60
ICLR	ICON PLC	$309.02	567,323	-11.59%	303.59	303.61	319.04	295.92	274.62	51.29	53.54	46.77	87.75	81.52	-3.52	-4.52	1.00	0.97
STRR	STAR EQUITY HOLDINGS INC	$0.90	19,615	120.69%	0.90	0.90	0.91	0.95	0.97	49.35	67.79	71.28	76.37	81.41	-0.00	-0.01	0.00	0.52
RVTY	REVVITY INC	$100.61	858,959	27.24%	102.23	103.14	104.55	105.11	105.53	43.54	39.92	44.67	45.56	53.03	-0.76	-0.72	-0.04	0.88
CRL	CHARLES RIVER LABORATORIES INTERNATIONAL INC	$233.47	466,192	13.97%	232.61	236.31	251.76	238.02	217.11	43.64	39.20	33.24	87.06	79.37	-5.86	-6.16	0.30	1.17
NEOG	NEOGEN CORP	$12.02	2,152,290	-56.07%	12.20	12.36	14.44	16.17	17.57	36.80	57.58	57.00	87.85	92.36	-0.63	-0.77	0.14	1.01
IDXX	IDEXX LABORATORIES INC	$480.60	547,952	7.22%	487.87	491.58	524.02	534.75	502.63	39.79	27.35	36.96	54.27	60.54	-11.38	-11.85	0.47	1.04
TMO	THERMO FISHER SCIENTIFIC INC	$572.38	1,736,394	28.91%	570.99	566.87	575.01	557.39	531.17	51.90	76.09	75.76	85.39	85.43	0.20	-1.35	1.54	0.83
A	AGILENT TECHNOLOGIES INC	$139.45	1,097,530	-4.30%	137.70	138.77	141.80	137.68	127.31	50.13	71.03	62.78	91.34	84.07	-1.12	-1.41	0.29	0.97
ENZ	ENZO BIOCHEM INC	$1.04	73,101	57.29%	1.06	1.11	1.22	1.28	1.34	23.96	16.51	14.60	20.79	19.86	-0.05	-0.05	-0.00	0.46
QGEN	QIAGEN NV	$42.98	1,307,816	8.86%	42.05	41.21	42.54	43.55	43.17	60.27	88.64	92.24	98.80	99.20	0.10	-0.27	0.37	0.42
DGX	QUEST DIAGNOSTICS INC	$137.38	640,335	-7.88%	136.30	132.67	130.21	131.49	131.12	60.19	68.49	71.59	73.75	79.10	2.15	1.61	0.55	0.61
SHC	SOTERA HEALTH CO	$11.02	1,039,493	-36.52%	11.22	11.19	12.54	14.15	14.61	38.46	37.94	47.75	69.45	76.49	-0.34	-0.44	0.10	1.24
DHR	DANAHER CORP	$248.38	1,738,926	-36.36%	246.75	244.13	248.55	241.89	236.98	54.62	64.01	62.50	71.74	69.59	0.22	-0.60	0.82	0.85
MEDP	MEDPACE HOLDINGS INC	$392.57	133,305	-41.48%	393.67	392.31	398.03	355.06	307.46	50.12	58.34	58.46	64.31	64.76	0.14	-0.08	0.22	1.23
LH	LABORATORY CORP OF AMERICA HOLDINGS	$201.32	555,513	-6.44%	202.42	203.49	210.14	216.84	212.77	42.37	33.43	36.50	69.80	71.64	-2.81	-2.98	0.17	0.91
FLGT	FULGENT GENETICS INC	$21.50	355,655	117.00%	20.64	20.73	21.81	24.39	27.07	55.20	83.76	64.88	100.00	95.69	-0.27	-0.46	0.19	1.27
WAT	WATERS CORP	$321.25	507,955	18.56%	311.93	316.45	333.25	325.84	298.33	50.66	69.98	57.61	99.66	92.51	-5.31	-7.14	1.83	0.92
MTD	METTLER TOLEDO INTERNATIONAL INC	$1,251.95	95,301	-12.45%	1,238.37	1,247.68	1,277.06	1,234.23	1,181.56	49.25	76.50	66.36	97.31	87.12	-10.31	-13.53	3.22	1.01
SERA	SERA PROGNOSTICS INC	$10.85	48,854	-28.02%	0.76	0.79	0.91	0.88	0.96	41.75	52.97	46.58	78.46	78.83	-0.05	-0.05	0.01	0.76
CSTL	CASTLE BIOSCIENCES INC	$24.33	839,810	184.54%	21.12	20.52	20.89	21.40	19.28	70.06	86.01	87.20	100.00	96.35	0.46	-0.04	0.50	1.13
PRE	PRENETICS GLOBAL LTD	$5.23	22,541	-3.26%	4.76	4.15	4.40	4.65	5.94	62.10	46.24	43.48	94.41	91.51	0.26	0.07	0.19	0.58
IQV	IQVIA HOLDINGS INC	$223.37	1,044,749	-38.46%	232.54	233.33	243.96	233.07	220.48	35.20	19.96	33.51	33.53	46.26	-4.02	-3.33	-0.69	1.18
PSNL	PERSONALIS INC	$1.54	355,557	6.89%	1.40	1.35	1.47	1.51	1.49	59.32	79.81	82.56	95.02	98.33	0.02	-0.02	0.04	1.58
NTRA	NATERA INC	$96.98	939,653	50.82%	92.59	92.50	90.14	77.42	63.40	63.46	85.91	78.86	94.26	82.68	1.30	1.03	0.27	1.38
PRPO	PRECIPIO INC	$5.80	917	-79.85%	5.96	6.27	6.29	6.32	6.63	41.28	15.58	13.00	21.12	13.58	-0.16	-0.09	-0.07	0.75
OLK	OLINK HOLDING AB (PUBL)	$23.01	228,349	-22.01%	22.77	22.75	23.17	24.03	21.76	50.61	61.99	64.29	79.98	81.69	-0.11	-0.21	0.09	1.51
DRIO	DARIOHEALTH CORP	$1.57	52,500	-17.21%	1.47	1.36	1.53	1.74	2.13	58.06	90.57	84.86	96.16	90.54	0.01	-0.03	0.04	1.16
ACRS	ACLARIS THERAPEUTICS INC	$1.36	688,182	-12.71%	1.24	1.22	1.23	1.18	3.53	67.97	86.54	71.90	100.00	89.21	0.02	0.00	0.01	1.03
STIM	NEURONETICS INC	$3.81	41,757	37.65%	3.61	3.87	3.93	3.48	2.49	49.05	36.24	24.66	56.46	31.34	-0.15	-0.12	-0.03	1.30
TWST	TWIST BIOSCIENCE CORP	$41.21	4,454,111	301.69%	32.28	31.37	34.11	34.84	27.85	74.29	82.03	76.49	99.81	96.19	0.26	-0.75	1.02	1.74
NEO	NEOGENOMICS INC	$15.30	875,872	-12.20%	14.27	14.22	14.95	15.70	15.34	57.52	48.71	39.44	73.50	65.06	-0.07	-0.23	0.16	1.43
DMTK	DERMTECH INC	$0.63	147,620	90.71%	0.61	0.62	0.73	1.06	1.48	44.97	44.92	39.37	98.84	95.70	-0.03	-0.05	0.01	1.23
EXAS	EXACT SCIENCES CORP	$62.07	1,611,679	1.61%	60.76	64.40	63.14	64.83	69.16	46.55	28.62	18.22	58.32	31.02	-1.54	-1.10	-0.44	1.31
OCX	ONCOCYTE CORP	$2.66	15,346	-70.39%	2.53	2.63	2.85	2.94	3.16	48.54	58.22	41.71	90.38	79.15	-0.08	-0.11	0.03	1.21
RDNT	RADNET INC	$51.20	472,531	-36.44%	49.32	48.75	46.80	41.76	36.22	66.03	92.48	86.14	95.12	82.69	1.05	0.87	0.18	1.34
BNR	BURNING ROCK BIOTECH LTD	$0.81	145,875	675.85%	0.81	0.79	0.77	0.81	1.00	53.03	38.56	37.00	22.92	20.28	0.01	0.01	-0.00	1.01
BGLC	BIONEXUS GENE LAB CORP	$0.60	118,206	165.80%	0.60	0.63	0.69	0.64	0.86	46.02	6.98	7.57	12.08	13.18	-0.02	-0.02	0.00	6.78
APDN	APPLIED DNA SCIENCES INC	$3.75	145,849	864.67%	4.63	5.97	8.35	10.38	16.93	20.20	8.52	8.73	22.43	18.36	-1.34	-1.21	-0.13	0.19
LAB	STANDARD BIOTOOLS INC	$2.51	1,612,661	-5.93%	2.49	2.62	2.61	2.43	2.43	45.05	50.58	46.80	62.39	50.39	-0.05	-0.04	-0.01	1.30
GH	GUARDANT HEALTH INC	$18.88	1,023,787	7.39%	17.95	17.79	18.36	21.47	25.89	55.17	81.85	75.12	100.00	98.40	-0.09	-0.33	0.24	1.34
XWEL	XWELL INC	$1.79	8,740	67.75%	1.70	1.56	1.75	1.72	2.42	59.95	70.43	69.89	85.61	86.56	0.03	-0.01	0.05	1.18
XGN	EXAGEN INC	$1.40	10,422	-37.39%	1.39	1.42	1.62	1.79	1.95	41.27	47.29	39.99	68.87	60.84	-0.06	-0.07	0.01	1.34
BDSX	BIODESIX INC	$1.40	151,009	150.34%	1.27	1.27	1.39	1.61	1.55	59.03	79.86	64.91	94.79	80.94	-0.03	-0.05	0.02	1.11
CDNA	CAREDX INC	$9.72	846,422	32.36%	8.36	8.54	9.63	9.87	9.06	58.73	74.66	56.50	100.00	92.26	-0.19	-0.40	0.21	1.52
ME	23ANDME HOLDING CO	$0.50	2,203,789	-22.01%	0.49	0.47	0.49	0.64	0.86	52.67	56.63	57.08	92.45	93.20	0.00	-0.01	0.01	1.68
CHEK	CHECK-CAP LTD	$2.20	6,561	-60.69%	2.25	2.29	2.24	2.22	2.77	45.29	49.86	45.78	57.00	56.60	-0.02	-0.01	-0.01	0.55
ULS	UL SOLUTIONS INC	$35.40	225,453	-13.38%	34.45	N/A	N/A	N/A	N/A	64.79	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.25
PRPH	PROPHASE LABS INC	$5.42	38,391	-13.83%	4.99	5.61	5.51	5.19	5.12	49.10	28.27	19.22	33.58	21.26	-0.22	-0.17	-0.05	0.29
AWH	ASPIRA WOMEN's HEALTH INC	$3.21	28,944	118.46%	3.31	3.31	3.47	3.87	3.99	42.39	44.58	44.76	0.00	2.53	-0.06	-0.06	0.00	0.94
NDRA	ENDRA LIFE SCIENCES INC	$0.33	61,064	-86.45%	0.28	0.29	0.68	1.01	1.06	38.16	59.33	47.55	99.12	99.71	-0.10	-0.13	0.04	0.92
OPK	OPKO HEALTH INC	$1.30	4,477,395	-33.87%	1.25	1.26	1.12	1.15	1.37	61.46	75.69	59.49	99.94	68.58	0.03	0.04	-0.00	1.21
NOTV	INOTIV INC	$4.27	418,993	11.97%	4.22	5.11	7.18	5.57	4.49	34.22	20.58	12.79	80.13	51.20	-0.99	-0.97	-0.02	1.11
VNRX	VOLITIONRX LTD	$0.89	106,874	36.73%	0.84	0.76	0.83	0.88	0.93	58.61	68.52	68.49	86.33	87.08	0.03	-0.00	0.03	0.99
MDXH	MDXHEALTH SA	$3.14	169,392	40.70%	2.60	2.48	2.79	3.27	3.17	71.54	92.87	85.87	100.00	100.00	0.03	-0.08	0.10	0.43
GENE	GENETIC TECHNOLOGIES LTD	$2.26	27,378	-15.40%	2.29	2.62	2.59	4.02	39.55	37.88	13.33	14.23	18.44	18.36	-0.16	-0.13	-0.03	0.68
MYGN	MYRIAD GENETICS INC	$19.47	490,063	-0.77%	18.94	19.23	20.75	20.81	19.07	47.93	64.65	62.64	84.22	87.26	-0.42	-0.60	0.18	1.37
ISPC	ISPECIMEN INC	$0.26	308,083	56.94%	0.28	0.26	0.32	0.40	0.60	47.13	15.57	18.89	42.24	45.54	-0.01	-0.01	0.00	0.74
BIAF	BIOAFFINITY TECHNOLOGIES INC	$2.09	116,738	8.55%	2.46	2.56	2.27	1.90	1.72	40.42	8.70	13.86	3.68	8.68	0.01	0.09	-0.08	0.88
ILMN	ILLUMINA INC	$117.93	2,958,550	87.63%	122.53	123.46	129.95	133.88	137.05	38.53	43.57	45.98	78.94	88.88	-2.40	-2.75	0.35	1.10
PMD	PSYCHEMEDICS CORP	$2.55	721	-77.84%	2.59	2.64	2.85	3.01	3.27	38.22	35.70	33.02	88.53	90.02	-0.08	-0.09	0.01	0.46
TRIB	TRINITY BIOTECH PLC	$1.80	13,876	-46.89%	1.80	1.83	2.02	2.21	2.72	42.99	15.27	9.77	33.98	36.20	-0.08	-0.08	0.00	0.35
MYNZ	MAINZ BIOMED NV	$0.74	169,563	-12.56%	0.83	0.90	0.96	1.02	1.88	31.79	5.92	14.54	5.38	21.87	-0.06	-0.05	-0.02	0.69
MMA	ALTA GLOBAL GROUP LTD	$3.55	10,235	102.55%	3.17	3.15	N/A	N/A	N/A	56.98	78.98	71.15	N/A	N/A	N/A	N/A	N/A	0.85
CNTG	CENTOGENE NV	$0.44	6,826	-50.85%	0.46	0.50	0.63	0.88	1.00	33.77	18.24	13.14	74.44	56.03	-0.06	-0.07	0.00	0.41
TTOO	T2 BIOSYSTEMS INC	$3.72	197,906	-22.43%	3.09	3.05	3.64	4.27	11.78	59.99	72.42	64.94	85.12	82.99	-0.03	-0.17	0.13	1.08

Diagnostic & Research Stocks FAQ

What are the best diagnostic & research stocks to buy right now in May 2024?

According to Zen Score, the 3 best diagnostic & research stocks to buy right now are:

1. Fonar (NASDAQ:FONR)

Fonar (NASDAQ:FONR) is the top diagnostic & research stock with a Zen Score of 47, which is 20 points higher than the diagnostic & research industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Fonar has seen its stock return 3.69% over the past year, overperforming other diagnostic & research stocks by 4 percentage points.

2. Icon (NASDAQ:ICLR)

Icon (NASDAQ:ICLR) is the second best diagnostic & research stock with a Zen Score of 47, which is 20 points higher than the diagnostic & research industry average of 27. It passed 15 out of 33 due diligence checks and has strong fundamentals. Icon has seen its stock return 66.35% over the past year, overperforming other diagnostic & research stocks by 67 percentage points.

Icon has an average 1 year price target of $344.38, an upside of 11.44% from Icon's current stock price of $309.02.

Icon stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Icon, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Star Equity Holdings (NASDAQ:STRR)

Star Equity Holdings (NASDAQ:STRR) is the third best diagnostic & research stock with a Zen Score of 46, which is 19 points higher than the diagnostic & research industry average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Star Equity Holdings has seen its stock return 37.4% over the past year, overperforming other diagnostic & research stocks by 38 percentage points.

What are the diagnostic & research stocks with highest dividends?

Out of 7 diagnostic & research stocks that have issued dividends in the past year, the 3 diagnostic & research stocks with the highest dividend yields are:

1. Qiagen Nv (NYSE:QGEN)

Qiagen Nv (NYSE:QGEN) has an annual dividend yield of 2.98%, which is 2 percentage points higher than the diagnostic & research industry average of 1.36%.

Qiagen Nv's dividend payout ratio of 87.2% indicates that its dividend yield is sustainable for the long-term.

2. Quest Diagnostics (NYSE:DGX)

Quest Diagnostics (NYSE:DGX) has an annual dividend yield of 2.1%, which is 1 percentage points higher than the diagnostic & research industry average of 1.36%. Quest Diagnostics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Quest Diagnostics's dividend has shown consistent growth over the last 10 years.

Quest Diagnostics's dividend payout ratio of 38.2% indicates that its dividend yield is sustainable for the long-term.

3. Laboratory Of America Holdings (NYSE:LH)

Laboratory Of America Holdings (NYSE:LH) has an annual dividend yield of 1.43%, which is the same as the diagnostic & research industry average of 1.36%. Laboratory Of America Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Laboratory Of America Holdings's dividend has not shown consistent growth over the last 10 years.

Laboratory Of America Holdings's dividend payout ratio of 56.5% indicates that its dividend yield is sustainable for the long-term.

Why are diagnostic & research stocks up?

Diagnostic & research stocks were up 0.85% in the last day, and up 0.7% over the last week. Twist Bioscience was the among the top gainers in the diagnostics & research industry, gaining 28.74% yesterday.

Twist Bioscience shares are trading higher after the company reported better-than-expected Q2 financial results.

What are the most undervalued diagnostic & research stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued diagnostic & research stocks right now are:

1. Star Equity Holdings (NASDAQ:STRR)

Star Equity Holdings (NASDAQ:STRR) is the most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Star Equity Holdings has a valuation score of 71, which is 52 points higher than the diagnostic & research industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Star Equity Holdings's stock has gained 37.4% in the past year. It has overperformed other stocks in the diagnostic & research industry by 38 percentage points.

2. Enzo Biochem (NYSE:ENZ)

Enzo Biochem (NYSE:ENZ) is the second most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Enzo Biochem has a valuation score of 71, which is 52 points higher than the diagnostic & research industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Enzo Biochem's stock has dropped -59.85% in the past year. It has underperformed other stocks in the diagnostic & research industry by -59 percentage points.

3. Fonar (NASDAQ:FONR)

Fonar (NASDAQ:FONR) is the third most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Fonar has a valuation score of 71, which is 52 points higher than the diagnostic & research industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Fonar's stock has gained 3.69% in the past year. It has overperformed other stocks in the diagnostic & research industry by 4 percentage points.

Are diagnostic & research stocks a good buy now?

52.08% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 10.51% over the next year.

What is the average p/e ratio of the diagnostics & research industry?

The average P/E ratio of the diagnostics & research industry is 38.44x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.