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

Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	1d %	1w %	1m %	3m %	6m %	1y %	3y %	5y %	10y %	52-week High	52-week Low	% off 52-week High	% off 52-week Low	Beta	Volume	Vol 1d %
FONR	FONAR CORP	$16.31	0.31%	0.25%	-17.25%	-17.50%	18.36%	3.69%	-7.96%	-18.82%	0.43%	$24.05	$12.13	32.18%	34.46%	0.60	11,316	-7.02%
ICLR	ICON PLC	$309.02	2.64%	0.23%	-3.76%	16.26%	19.72%	66.35%	44.75%	116.61%	694.60%	$344.77	$185.27	10.37%	66.79%	0.97	567,323	-11.59%
STRR	STAR EQUITY HOLDINGS INC	$0.90	-1.64%	0.00%	-3.23%	-7.22%	-2.17%	37.40%	-68.20%	-85.22%	-97.37%	$1.59	$0.75	43.40%	20.00%	0.52	19,615	120.69%
RVTY	REVVITY INC	$100.61	-0.46%	-0.89%	-1.70%	-3.17%	14.12%	-22.74%	-22.94%	4.16%	128.92%	$131.96	$79.50	23.76%	26.55%	0.88	858,959	27.24%
CRL	CHARLES RIVER LABORATORIES INTERNATIONAL INC	$233.47	1.56%	1.94%	-9.96%	7.30%	28.34%	21.94%	-29.67%	63.94%	356.35%	$275.00	$161.65	15.10%	44.43%	1.17	466,192	13.97%
NEOG	NEOGEN CORP	$12.02	-3.45%	-0.99%	-15.71%	-20.19%	-24.02%	-31.20%	-74.97%	-60.93%	-21.24%	$24.10	$11.46	50.11%	4.89%	1.01	2,152,290	-56.07%
IDXX	IDEXX LABORATORIES INC	$480.60	1.00%	-3.75%	-8.29%	-16.00%	11.95%	0.37%	-12.60%	91.88%	640.07%	$583.39	$372.50	17.62%	29.02%	1.04	547,952	7.22%
TMO	THERMO FISHER SCIENTIFIC INC	$572.38	0.20%	-0.21%	-0.63%	3.76%	25.87%	3.99%	22.47%	105.42%	398.50%	$603.82	$415.60	5.21%	37.72%	0.83	1,736,394	28.91%
ENZ	ENZO BIOCHEM INC	$1.04	0.00%	-0.95%	-17.46%	-16.13%	-23.53%	-59.85%	-64.98%	-70.62%	-74.13%	$2.74	$1.01	62.04%	2.97%	0.46	73,101	57.29%
A	AGILENT TECHNOLOGIES INC	$139.45	1.40%	1.24%	-2.98%	4.99%	27.91%	3.47%	4.70%	75.87%	152.03%	$151.58	$96.80	8.00%	44.06%	0.97	1,097,530	-4.30%
QGEN	QIAGEN NV	$42.98	0.70%	3.19%	2.55%	1.87%	6.35%	-7.23%	-12.45%	7.01%	81.74%	$49.18	$35.81	12.60%	20.01%	0.42	1,307,816	8.86%
DGX	QUEST DIAGNOSTICS INC	$137.38	0.76%	2.32%	3.77%	10.99%	2.59%	0.59%	3.52%	39.06%	147.53%	$145.58	$119.59	5.63%	14.88%	0.61	640,335	-7.88%
SHC	SOTERA HEALTH CO	$11.02	1.01%	-3.33%	-4.51%	-27.26%	-16.58%	-28.63%	-56.46%	N/A	N/A	$19.40	$10.71	43.20%	2.89%	1.24	1,039,493	-36.52%
DHR	DANAHER CORP	$248.38	0.62%	0.73%	1.65%	1.04%	25.53%	1.14%	-2.47%	84.56%	240.25%	$269.61	$182.09	7.87%	36.41%	0.85	1,738,926	-36.36%
MEDP	MEDPACE HOLDINGS INC	$392.57	0.38%	-0.85%	-0.90%	32.94%	43.16%	91.05%	133.62%	579.77%	N/A	$421.00	$197.39	6.75%	98.88%	1.23	133,305	-41.48%
WAT	WATERS CORP	$321.25	1.80%	3.20%	-5.82%	-1.11%	23.33%	8.35%	6.49%	47.31%	217.25%	$363.80	$231.90	11.70%	38.53%	0.92	507,955	18.56%
LH	LABORATORY CORP OF AMERICA HOLDINGS	$201.32	0.53%	1.47%	-5.15%	-8.34%	-4.23%	-10.92%	-24.69%	22.05%	104.91%	$243.30	$195.01	17.25%	3.24%	0.91	555,513	-6.44%
MTD	METTLER TOLEDO INTERNATIONAL INC	$1,251.95	0.17%	1.12%	-5.92%	5.47%	21.31%	-16.09%	-4.85%	64.21%	426.63%	$1.43k	$928.50	12.27%	34.84%	1.01	95,301	-12.45%
FLGT	FULGENT GENETICS INC	$21.50	1.22%	6.97%	1.65%	-12.39%	-20.19%	-26.70%	-71.89%	218.61%	N/A	$44.09	$19.88	51.24%	8.15%	1.27	355,655	117.00%
SERA	SERA PROGNOSTICS INC	$10.85	2.07%	0.93%	14.81%	35.63%	462.18%	214.49%	N/A	N/A	N/A	$12.36	$1.52	12.18%	613.82%	0.76	48,854	-28.02%
CSTL	CASTLE BIOSCIENCES INC	$24.33	6.52%	19.62%	13.01%	4.42%	35.32%	6.20%	-63.53%	N/A	N/A	$26.70	$9.26	8.88%	162.74%	1.13	839,810	184.54%
PRE	PRENETICS GLOBAL LTD	$5.23	-1.88%	13.45%	43.68%	11.99%	8.96%	-55.88%	N/A	N/A	N/A	$15.90	$2.85	67.11%	83.51%	0.58	22,541	-3.26%
IQV	IQVIA HOLDINGS INC	$223.37	0.55%	-4.90%	-8.07%	6.01%	13.27%	19.44%	-4.53%	60.88%	375.36%	$261.73	$167.42	14.66%	33.42%	1.18	1,044,749	-38.46%
NTRA	NATERA INC	$96.98	3.48%	5.80%	4.72%	40.92%	126.91%	86.00%	-11.47%	388.56%	N/A	$98.82	$36.90	1.86%	162.82%	1.38	939,653	50.82%
PSNL	PERSONALIS INC	$1.54	-3.75%	21.74%	14.07%	24.19%	37.50%	-36.36%	-93.31%	N/A	N/A	$2.60	$0.89	40.77%	72.84%	1.58	355,557	6.89%
PRPO	PRECIPIO INC	$5.80	-2.52%	-3.73%	-8.16%	-6.30%	-31.52%	-52.54%	-94.14%	-96.32%	-99.99%	$14.80	$4.75	60.81%	22.05%	0.75	917	-79.85%
DRIO	DARIOHEALTH CORP	$1.57	3.29%	6.08%	9.79%	-19.49%	17.60%	-55.27%	-92.78%	-90.64%	-99.94%	$4.58	$0.68	65.72%	130.88%	1.16	52,500	-17.21%
OLK	OLINK HOLDING AB (PUBL)	$23.01	-0.04%	0.74%	-2.50%	-6.04%	-7.74%	6.48%	-32.34%	N/A	N/A	$26.01	$14.10	11.53%	63.19%	1.51	228,349	-22.01%
ACRS	ACLARIS THERAPEUTICS INC	$1.36	3.82%	13.33%	8.80%	18.26%	-74.67%	-84.89%	-94.54%	-78.55%	N/A	$11.12	$0.59	87.77%	130.51%	1.03	688,182	-12.71%
NEO	NEOGENOMICS INC	$15.30	3.94%	8.20%	2.89%	7.97%	0.20%	8.51%	-67.85%	-34.19%	376.64%	$21.22	$11.03	27.90%	38.71%	1.43	875,872	-12.20%
DMTK	DERMTECH INC	$0.63	0.00%	4.31%	-7.50%	-50.08%	-57.50%	-78.53%	-98.43%	-96.90%	N/A	$3.90	$0.57	83.86%	9.97%	1.23	147,620	90.71%
TWST	TWIST BIOSCIENCE CORP	$41.21	28.74%	30.66%	23.61%	13.18%	120.85%	236.13%	-65.85%	64.58%	N/A	$43.21	$11.81	4.63%	248.94%	1.74	4,454,111	301.69%
STIM	NEURONETICS INC	$3.81	8.86%	9.17%	-10.14%	15.45%	172.14%	69.33%	-62.46%	-76.95%	N/A	$5.07	$1.03	24.85%	269.90%	1.30	41,757	37.65%
EXAS	EXACT SCIENCES CORP	$62.07	2.53%	5.47%	-14.76%	-0.59%	-7.39%	-2.54%	-50.55%	-40.73%	426.91%	$100.77	$56.05	38.40%	10.74%	1.31	1,611,679	1.61%
BGLC	BIONEXUS GENE LAB CORP	$0.60	-0.98%	1.68%	1.85%	35.73%	47.68%	N/A	-69.65%	N/A	N/A	$9.49	$0.31	93.64%	94.84%	6.78	118,206	165.80%
RDNT	RADNET INC	$51.20	-0.89%	5.79%	6.58%	37.82%	77.53%	84.77%	123.78%	306.67%	911.86%	$52.40	$25.11	2.29%	103.90%	1.34	472,531	-36.44%
OCX	ONCOCYTE CORP	$2.66	-4.28%	7.26%	-9.52%	-8.28%	4.72%	-48.69%	-97.18%	-96.95%	N/A	$5.88	$2.08	54.78%	27.88%	1.21	15,346	-70.39%
BNR	BURNING ROCK BIOTECH LTD	$0.81	6.32%	-5.06%	4.94%	-2.77%	-17.65%	-73.28%	-97.18%	N/A	N/A	$3.04	$0.57	73.45%	41.08%	1.01	145,875	675.85%
APDN	APPLIED DNA SCIENCES INC	$3.75	-8.31%	-14.19%	-57.58%	-66.66%	-77.44%	-81.80%	-97.01%	-99.30%	-99.94%	$37.20	$3.59	89.92%	4.46%	0.19	145,849	864.67%
LAB	STANDARD BIOTOOLS INC	$2.51	-0.79%	2.87%	-5.64%	3.72%	20.10%	67.33%	-51.92%	-78.89%	-93.57%	$3.16	$1.54	20.57%	62.99%	1.30	1,612,661	-5.93%
XGN	EXAGEN INC	$1.40	1.08%	-0.85%	-9.68%	-31.37%	-17.16%	-45.10%	-91.99%	N/A	N/A	$3.92	$1.30	64.31%	7.69%	1.34	10,422	-37.39%
XWEL	XWELL INC	$1.79	1.13%	-0.56%	16.99%	19.33%	10.49%	-63.02%	-93.47%	-98.80%	-100.00%	$6.40	$1.26	72.03%	42.06%	1.18	8,740	67.75%
GH	GUARDANT HEALTH INC	$18.88	1.61%	8.82%	-4.16%	-11.32%	-34.15%	-18.13%	-87.64%	-72.65%	N/A	$41.06	$15.81	54.02%	19.42%	1.34	1,023,787	7.39%
CDNA	CAREDX INC	$9.72	4.85%	28.57%	-3.19%	13.55%	54.04%	14.08%	-87.43%	-67.66%	N/A	$12.93	$4.80	24.83%	102.50%	1.52	846,422	32.36%
BDSX	BIODESIX INC	$1.40	6.87%	13.36%	-9.68%	-32.69%	-12.50%	-15.15%	-91.13%	N/A	N/A	$2.21	$1.03	36.65%	35.92%	1.11	151,009	150.34%
CHEK	CHECK-CAP LTD	$2.20	-2.22%	-3.72%	-17.91%	3.97%	-38.55%	66.67%	-92.90%	-95.70%	N/A	$4.63	$1.30	52.43%	69.23%	0.55	6,561	-60.69%
ME	23ANDME HOLDING CO	$0.50	-0.59%	8.19%	-2.71%	-23.59%	-46.14%	-74.90%	-94.99%	N/A	N/A	$2.21	$0.35	77.29%	43.43%	1.68	2,203,789	-22.01%
ULS	UL SOLUTIONS INC	$35.40	0.71%	4.06%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$35.93	$33.15	1.48%	6.79%	0.25	225,453	-13.38%
PRPH	PROPHASE LABS INC	$5.42	2.07%	15.07%	-18.13%	7.11%	19.38%	-40.64%	0.74%	77.12%	176.53%	$9.94	$4.05	45.48%	33.83%	0.29	38,391	-13.83%
NDRA	ENDRA LIFE SCIENCES INC	$0.33	-1.51%	29.25%	-6.30%	-68.34%	-65.94%	-79.69%	-99.29%	-98.94%	N/A	$2.79	$0.22	88.28%	47.96%	0.92	61,064	-86.45%
OPK	OPKO HEALTH INC	$1.30	0.00%	3.17%	-3.70%	33.61%	-3.70%	-15.03%	-68.22%	-46.06%	-84.49%	$2.24	$0.85	41.96%	52.58%	1.21	4,477,395	-33.87%
NOTV	INOTIV INC	$4.27	2.64%	5.43%	-54.86%	19.61%	135.91%	-24.56%	-83.27%	105.78%	62.36%	$11.42	$1.61	62.60%	165.22%	1.11	418,993	11.97%
AWH	ASPIRA WOMEN's HEALTH INC	$3.21	-0.09%	-3.52%	14.64%	-33.13%	-31.85%	-34.37%	-96.12%	-83.15%	-93.35%	$6.75	$2.31	52.44%	39.02%	0.94	28,944	118.46%
MDXH	MDXHEALTH SA	$3.14	5.72%	27.13%	6.80%	-10.54%	5.02%	-15.59%	N/A	N/A	N/A	$4.64	$2.15	32.33%	46.05%	0.43	169,392	40.70%
VNRX	VOLITIONRX LTD	$0.89	1.48%	-2.52%	18.33%	-25.13%	10.14%	-55.00%	-73.08%	-73.16%	-60.40%	$2.07	$0.55	56.96%	62.00%	0.99	106,874	36.73%
GENE	GENETIC TECHNOLOGIES LTD	$2.26	1.44%	1.53%	-19.18%	16.84%	-96.87%	-97.61%	-99.46%	-99.26%	-99.91%	$118.00	$1.80	98.09%	25.28%	0.68	27,378	-15.40%
ISPC	ISPECIMEN INC	$0.26	-1.50%	-1.13%	19.00%	-38.12%	-56.17%	-84.89%	N/A	N/A	N/A	$1.89	$0.20	86.06%	31.50%	0.74	308,083	56.94%
MYGN	MYRIAD GENETICS INC	$19.47	1.30%	7.10%	-4.09%	-10.89%	14.39%	-11.06%	-35.95%	-43.30%	-52.47%	$24.21	$13.82	19.58%	40.88%	1.37	490,063	-0.77%
BIAF	BIOAFFINITY TECHNOLOGIES INC	$2.09	-8.73%	-11.81%	-6.70%	32.61%	47.91%	10.58%	N/A	N/A	N/A	$3.62	$0.96	42.27%	118.85%	0.88	116,738	8.55%
ILMN	ILLUMINA INC	$117.93	-4.89%	-3.56%	-7.68%	-17.09%	0.86%	-40.00%	-69.48%	-63.77%	-16.75%	$213.91	$89.00	44.87%	32.51%	1.10	2,958,550	87.63%
PMD	PSYCHEMEDICS CORP	$2.55	-3.26%	0.00%	-9.25%	-16.39%	8.51%	-53.72%	-62.05%	-75.94%	-83.56%	$5.49	$2.06	53.55%	23.79%	0.46	721	-77.84%
TRIB	TRINITY BIOTECH PLC	$1.80	7.26%	-1.53%	-11.19%	-40.78%	-21.52%	-64.40%	-88.91%	-86.99%	-98.50%	$5.50	$1.66	67.24%	8.55%	0.35	13,876	-46.89%
MYNZ	MAINZ BIOMED NV	$0.74	-3.66%	-9.90%	-31.76%	-16.44%	-70.04%	-86.53%	N/A	N/A	N/A	$6.00	$0.72	87.72%	2.36%	0.69	169,563	-12.56%
MMA	ALTA GLOBAL GROUP LTD	$3.55	8.26%	15.29%	-16.45%	N/A	N/A	N/A	N/A	N/A	N/A	$5.25	$2.87	32.36%	23.73%	0.85	10,235	102.55%
CNTG	CENTOGENE NV	$0.44	2.07%	-9.41%	-35.80%	-61.81%	-63.98%	-39.23%	-95.82%	N/A	N/A	$1.98	$0.41	77.63%	8.58%	0.41	6,826	-50.85%
TTOO	T2 BIOSYSTEMS INC	$3.72	1.92%	30.99%	33.33%	-13.89%	-31.24%	-87.70%	-99.95%	-99.97%	N/A	$70.00	$2.60	94.69%	43.08%	1.08	197,906	-22.43%

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.

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