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	$17.61	25,084	121.67%	16.34	16.76	19.81	19.97	18.04	49.86	59.07	36.94	100.00	90.03	-0.90	-1.13	0.23	0.61
ICLR	ICON PLC	$315.14	491,800	-13.31%	305.31	303.32	319.05	296.32	274.96	55.62	67.84	54.38	93.61	86.27	-2.35	-4.08	1.73	0.97
STRR	STAR EQUITY HOLDINGS INC	$0.92	11,800	-39.84%	0.90	0.89	0.91	0.95	0.97	54.02	68.16	69.16	76.21	77.75	0.00	-0.00	0.01	0.52
RVTY	REVVITY INC	$102.82	898,118	4.56%	102.44	102.96	104.51	105.23	105.41	49.62	41.78	41.53	48.70	48.19	-0.65	-0.71	0.05	0.88
CRL	CHARLES RIVER LABORATORIES INTERNATIONAL INC	$235.27	427,369	-8.33%	232.88	235.32	251.51	238.30	217.26	45.63	44.55	37.97	91.18	84.52	-5.29	-5.99	0.69	1.16
NEOG	NEOGEN CORP	$12.14	1,616,221	-24.91%	12.24	12.25	14.34	16.11	17.52	38.79	56.55	58.51	86.61	89.69	-0.60	-0.73	0.14	1.01
TMO	THERMO FISHER SCIENTIFIC INC	$573.55	1,134,540	-34.66%	573.51	566.61	575.19	558.18	531.35	52.66	75.24	75.09	84.10	84.07	0.48	-0.98	1.46	0.83
IDXX	IDEXX LABORATORIES INC	$476.87	290,614	-46.96%	487.60	489.68	522.03	534.15	502.30	38.26	33.63	31.32	62.10	57.61	-11.39	-11.76	0.37	1.04
ENZ	ENZO BIOCHEM INC	$1.07	291,250	298.42%	1.06	1.10	1.21	1.28	1.34	35.20	27.20	19.44	47.95	29.12	-0.05	-0.05	0.00	0.46
DGX	QUEST DIAGNOSTICS INC	$135.64	730,303	14.05%	136.85	132.95	130.38	131.48	131.08	55.63	64.75	67.76	67.14	72.65	2.02	1.69	0.33	0.61
QGEN	QIAGEN NV	$42.58	2,141,795	63.77%	42.18	41.26	42.52	43.54	43.15	56.07	84.91	88.58	95.04	97.54	0.14	-0.19	0.33	0.42
SHC	SOTERA HEALTH CO	$11.29	744,480	-28.38%	11.24	11.19	12.43	14.12	14.57	44.79	38.65	40.31	73.12	71.55	-0.31	-0.41	0.10	1.24
A	AGILENT TECHNOLOGIES INC	$140.61	1,639,210	49.35%	138.37	138.58	141.97	137.80	127.39	52.42	81.04	70.10	93.69	88.17	-0.85	-1.30	0.45	0.97
DHR	DANAHER CORP	$247.40	1,593,898	-8.34%	247.89	244.29	248.43	242.15	237.00	52.79	64.67	63.48	72.34	70.86	0.32	-0.41	0.73	0.85
MEDP	MEDPACE HOLDINGS INC	$400.74	218,929	64.23%	396.12	391.91	398.02	356.25	308.23	54.24	59.81	58.11	66.42	64.01	0.78	0.09	0.69	1.23
FLGT	FULGENT GENETICS INC	$21.49	200,861	-43.52%	20.74	20.74	21.76	24.34	26.98	55.06	82.07	76.46	99.82	97.78	-0.20	-0.41	0.22	1.26
WAT	WATERS CORP	$319.86	768,440	51.28%	313.99	315.49	333.02	326.08	298.53	49.58	77.32	67.30	98.31	96.18	-4.51	-6.61	2.11	0.92
LH	LABORATORY CORP OF AMERICA HOLDINGS	$201.04	802,496	44.46%	202.21	203.04	209.77	216.69	212.68	41.93	32.78	33.25	70.20	69.63	-2.71	-2.93	0.22	0.90
SERA	SERA PROGNOSTICS INC	$9.92	114,405	134.18%	0.77	0.78	0.91	0.88	0.95	43.80	63.16	53.55	88.37	81.09	-0.04	-0.05	0.01	0.75
PRE	PRENETICS GLOBAL LTD	$5.78	30,679	36.10%	4.97	4.25	4.42	4.67	5.90	67.20	52.06	47.78	98.38	95.68	0.33	0.12	0.21	0.60
CSTL	CASTLE BIOSCIENCES INC	$24.41	434,643	-48.25%	21.60	20.70	20.90	21.44	19.32	70.35	83.66	85.62	100.00	98.18	0.66	0.10	0.56	1.13
IQV	IQVIA HOLDINGS INC	$227.04	684,424	-34.49%	232.11	232.61	243.56	233.18	220.49	40.58	12.44	21.13	29.06	35.27	-4.06	-3.47	-0.58	1.18
PSNL	PERSONALIS INC	$1.59	307,969	-13.38%	1.43	1.36	1.47	1.51	1.49	61.90	70.13	79.09	92.70	95.91	0.03	-0.01	0.04	1.58
PRPO	PRECIPIO INC	$5.98	1,261	37.51%	5.92	6.25	6.29	6.32	6.62	45.74	26.51	18.62	36.57	23.74	-0.15	-0.10	-0.05	0.75
NTRA	NATERA INC	$97.21	926,415	-1.41%	93.45	92.59	90.67	77.82	63.65	63.88	91.79	84.84	97.09	90.61	1.54	1.13	0.40	1.38
MTD	METTLER TOLEDO INTERNATIONAL INC	$1,250.80	202,778	112.78%	1,243.50	1,245.00	1,277.88	1,235.61	1,181.07	48.96	82.16	74.33	97.80	92.98	-9.01	-12.62	3.62	1.01
DRIO	DARIOHEALTH CORP	$1.60	161,727	208.05%	1.50	1.37	1.52	1.74	2.12	59.56	95.92	89.94	100.00	94.93	0.02	-0.02	0.04	1.17
OLK	OLINK HOLDING AB (PUBL)	$23.15	35,773	-84.33%	22.88	22.74	23.20	24.00	21.78	52.82	70.79	65.04	86.75	82.26	-0.08	-0.18	0.10	1.51
ACRS	ACLARIS THERAPEUTICS INC	$1.31	631,436	-8.25%	1.24	1.23	1.23	1.18	3.49	59.62	83.08	80.85	88.81	92.09	0.02	0.01	0.01	1.03
STIM	NEURONETICS INC	$3.75	146,169	250.05%	3.61	3.85	3.94	3.49	2.50	47.37	45.43	33.79	75.07	51.55	-0.13	-0.12	-0.01	1.29
DMTK	DERMTECH INC	$0.63	76,987	-47.85%	0.61	0.62	0.72	1.06	1.47	44.63	47.74	45.01	99.17	98.95	-0.03	-0.04	0.01	1.23
NEO	NEOGENOMICS INC	$15.51	553,539	-36.80%	14.48	14.26	14.92	15.67	15.34	59.11	67.77	49.41	90.88	73.79	0.02	-0.18	0.20	1.43
TWST	TWIST BIOSCIENCE CORP	$44.67	2,112,037	-52.58%	33.80	31.96	34.24	35.01	27.96	78.47	90.07	81.57	100.00	98.06	1.19	-0.36	1.56	1.74
EXAS	EXACT SCIENCES CORP	$63.35	2,643,852	64.04%	60.85	64.00	63.26	64.81	69.00	50.27	44.39	29.70	86.16	57.19	-1.29	-1.14	-0.15	1.31
OCX	ONCOCYTE CORP	$2.77	22,393	45.92%	2.56	2.63	2.84	2.94	3.15	53.98	77.15	59.65	89.68	87.14	-0.06	-0.10	0.04	1.21
BNR	BURNING ROCK BIOTECH LTD	$0.81	18,792	-87.12%	0.81	0.79	0.77	0.82	1.00	53.72	50.27	39.34	39.94	23.94	0.01	0.01	-0.00	1.01
BGLC	BIONEXUS GENE LAB CORP	$0.60	76,118	-35.61%	0.60	0.63	0.68	0.64	0.85	45.10	5.48	6.90	8.94	11.86	-0.02	-0.02	0.00	6.75
RDNT	RADNET INC	$52.00	525,025	11.11%	49.76	48.91	47.07	41.92	36.31	68.82	90.32	89.81	94.35	90.55	1.17	0.93	0.24	1.34
APDN	APPLIED DNA SCIENCES INC	$3.63	38,829	-73.38%	4.33	5.76	8.16	10.26	16.80	19.65	5.56	8.11	20.80	21.56	-1.34	-1.24	-0.10	0.19
LAB	STANDARD BIOTOOLS INC	$2.48	1,847,856	14.58%	2.48	2.60	2.61	2.43	2.43	43.09	51.50	49.68	66.06	59.38	-0.05	-0.04	-0.01	1.30
GH	GUARDANT HEALTH INC	$19.10	1,037,916	1.38%	18.10	17.81	18.35	21.40	25.80	56.49	84.72	80.64	100.00	99.20	0.01	-0.26	0.27	1.34
XGN	EXAGEN INC	$1.38	14,849	42.48%	1.39	1.42	1.61	1.78	1.94	39.35	54.41	46.23	85.68	69.84	-0.06	-0.07	0.01	1.34
XWEL	XWELL INC	$1.80	6,842	-21.72%	1.74	1.58	1.75	1.72	2.40	60.54	75.27	71.86	90.49	87.55	0.04	-0.00	0.04	1.18
BDSX	BIODESIX INC	$1.52	230,753	52.81%	1.30	1.27	1.39	1.61	1.55	67.84	91.47	78.17	100.00	93.02	-0.01	-0.04	0.03	1.12
CDNA	CAREDX INC	$10.18	670,230	-20.82%	8.56	8.57	9.66	9.87	9.06	62.28	83.07	70.34	100.00	96.13	-0.06	-0.33	0.28	1.52
ME	23ANDME HOLDING CO	$0.49	4,761,201	116.05%	0.49	0.47	0.49	0.63	0.86	50.13	55.02	56.09	89.47	91.50	0.00	-0.01	0.01	1.67
CHEK	CHECK-CAP LTD	$2.20	6,040	-7.94%	2.25	2.27	2.24	2.22	2.77	45.54	41.89	46.88	29.55	49.75	-0.02	-0.01	-0.01	0.55
ULS	UL SOLUTIONS INC	$36.07	295,998	31.29%	34.70	N/A	N/A	N/A	N/A	72.10	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.37
PRPH	PROPHASE LABS INC	$5.34	40,416	5.27%	5.04	5.54	5.51	5.20	5.11	47.99	29.96	25.86	48.51	34.27	-0.20	-0.18	-0.02	0.29
OPK	OPKO HEALTH INC	$1.32	3,113,483	-30.46%	1.26	1.26	1.13	1.15	1.36	63.60	80.56	72.45	100.00	88.85	0.04	0.04	-0.00	1.20
AWH	ASPIRA WOMEN's HEALTH INC	$3.21	27,877	-3.69%	3.28	3.33	3.44	3.87	3.99	42.39	45.41	45.00	0.00	0.00	-0.06	-0.06	0.00	0.94
NDRA	ENDRA LIFE SCIENCES INC	$0.32	75,162	23.09%	0.28	0.29	0.66	1.00	1.05	37.71	66.88	58.37	97.50	98.87	-0.09	-0.12	0.04	0.92
NOTV	INOTIV INC	$4.77	398,554	-4.88%	4.26	4.99	7.16	5.58	4.48	41.34	34.97	22.75	100.00	77.62	-0.90	-0.95	0.06	1.12
VNRX	VOLITIONRX LTD	$0.78	170,170	59.22%	0.86	0.76	0.83	0.88	0.93	47.93	62.07	66.59	78.70	84.22	0.02	0.00	0.02	0.98
MDXH	MDXHEALTH SA	$3.13	46,098	-72.79%	2.68	2.51	2.78	3.27	3.16	70.95	93.18	90.60	99.51	99.84	0.06	-0.05	0.11	0.43
MYGN	MYRIAD GENETICS INC	$19.97	593,024	21.01%	19.09	19.22	20.70	20.82	19.06	53.12	74.36	66.67	88.57	85.91	-0.33	-0.55	0.22	1.37
GENE	GENETIC TECHNOLOGIES LTD	$2.38	34,684	26.69%	2.29	2.60	2.60	3.49	39.09	43.39	15.42	14.23	24.76	20.28	-0.15	-0.14	-0.02	0.69
ISPC	ISPECIMEN INC	$0.28	3,891,641	1,163.18%	0.28	0.27	0.31	0.40	0.60	49.15	16.14	16.84	42.88	43.50	-0.01	-0.01	0.00	0.75
BIAF	BIOAFFINITY TECHNOLOGIES INC	$1.97	149,041	27.67%	2.36	2.53	2.27	1.91	1.72	37.71	4.28	8.57	0.00	3.68	-0.02	0.07	-0.09	0.86
ILMN	ILLUMINA INC	$118.98	1,783,442	-39.72%	122.40	122.90	129.67	133.89	136.73	40.52	36.88	43.59	64.01	78.57	-2.51	-2.70	0.19	1.10
PMD	PSYCHEMEDICS CORP	$2.54	2,043	183.36%	2.58	2.63	2.84	3.01	3.26	37.61	27.22	33.59	75.83	86.44	-0.08	-0.09	0.01	0.46
TRIB	TRINITY BIOTECH PLC	$1.73	15,470	11.49%	1.79	1.82	2.01	2.21	2.70	38.48	22.80	15.03	55.00	40.55	-0.08	-0.08	0.00	0.35
MYNZ	MAINZ BIOMED NV	$0.74	63,109	-62.78%	0.82	0.89	0.96	1.01	1.86	32.23	6.32	9.24	7.22	12.91	-0.07	-0.05	-0.02	0.69
MMA	ALTA GLOBAL GROUP LTD	$3.27	8,854	-13.49%	3.20	3.13	N/A	N/A	N/A	46.22	75.52	75.58	N/A	N/A	N/A	N/A	N/A	0.37
CNTG	CENTOGENE NV	$0.45	77,571	1,036.40%	0.46	0.49	0.62	0.87	0.99	35.32	23.30	17.64	83.94	69.67	-0.06	-0.07	0.01	0.41
TTOO	T2 BIOSYSTEMS INC	$3.63	195,511	-1.21%	3.14	3.09	3.61	4.27	11.75	57.86	87.77	76.51	97.09	89.11	0.00	-0.13	0.14	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 6.6% over the past year, overperforming other diagnostic & research stocks by 5 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 66.03% over the past year, overperforming other diagnostic & research stocks by 64 percentage points.

Icon has an average 1 year price target of $344.38, an upside of 9.28% from Icon's current stock price of $315.14.

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 8.24% over the past year, overperforming other diagnostic & research stocks by 7 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 3.01%, which is 2 percentage points higher than the diagnostic & research industry average of 1.37%.

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 2.12%, which is 1 percentage points higher than the diagnostic & research industry average of 1.37%. 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 1.37%. 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 0.47% in the last day, and down -0.04% over the last week.

We couldn't find a catalyst for why diagnostic & research stocks are up.

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 53 points higher than the diagnostic & research industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Star Equity Holdings's stock has gained 8.24% in the past year. It has overperformed other stocks in the diagnostic & research industry by 7 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 53 points higher than the diagnostic & research industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Enzo Biochem's stock has dropped -57.87% 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 53 points higher than the diagnostic & research industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Fonar's stock has gained 6.6% in the past year. It has overperformed other stocks in the diagnostic & research industry by 5 percentage points.

Are diagnostic & research stocks a good buy now?

50% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 10.22% 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 38.56x.

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.